The Company is licensed for up to 35 retail locations florid 2019-10-15 08:11 ET - News Release
Mr. Christian Langbein reports
MEDMEN ANNOUNCES FIFTH FLORIDA STORE OPENING IN JACKSONVILLE BEACH
Medmen Enterprises Inc. has opened its new location in Jacksonville Beach, Fla. This is the fifth of 12 locations MedMen plans to open in Florida this calendar year. The Company is licensed for up to 35 retail locations in the state.
Florida is the third most populous state in the U.S. with a robust medical cannabis program serving over 270,000 qualified patients as of October 11, 2019.1 Jacksonville is one of the fastest growing metropolitan cities in Florida and a popular tourist destination with the largest urban park system in the nation, with 10 state and national parks. The new location aligns with MedMen's retail strategy to extend geographical reach within each operational market.
MedMen Buds, the Company's new loyalty program, will be available to all patients at the Jacksonville Beach location. In addition, MedMen's recently launched same-day delivery platform will be available to Florida patients before year's end. Together with loyalty and delivery, the Company's new store locations align with MedMen's national retail strategy of providing an industry-leading omni-channel experience.
In addition to expanding its retail footprint, MedMen remains one of the lead supporters of the recently launched constitutional amendment campaign to bring safe, regulated, and legal cannabis to adults 21 years and older in the state of Florida. The campaign committee "Make it Legal Florida" is chaired by MedMen's own director of government affairs, Nick Hansen.
MedMen's Jacksonville store is located at 308 3rd Street South, Jacksonville Beach, FL 32250. Store hours are 8:00 a.m. to 9:00 p.m.
About MedMen:
Founded in 2010, MedMen is North America's premium cannabis retailer. Founders Adam Bierman and Andrew Modlin have defined the next generation discovery platform for cannabis and all its benefits. A robust selection of high-quality products, including MedMen-owned brands [statemade], LuxLyte and MedMen Red, coupled with a team of cannabis-educated associates cement the Company's commitment to providing an unparalleled experience. MedMen's industry-leading technology enables a fully compliant, owned-and-operated delivery service and MedMen Buds, a nationwide loyalty program. MedMen believes that a world where cannabis is legal and regulated is safer, healthier and happier.
We seek Safe Harbor.
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