Marijuana multistate operator MedMen Enterprises has shuttered its entire operation in California, a worker confirmed to MJBizDaily on Friday.
“We closed all our stores and are out of business,” an employee at the company’s Santa Ana, California, location told MJBizDaily.
“We had a 75% off sale yesterday. There is no more MedMen in California.”
The cash-strapped company operated more than a dozen stores in the state at the time of its collapse.
The Los Angeles-based MSO on Thursday closed its San Francisco store in the Cow Hollow neighborhood, Medmen’s last remaining outlet in the Bay Area, according to SFist.
The store opened only two years ago, the news outlet reported.
MedMen, which has closed several other stores and laid off dozens of workers in California, Illinois and Nevada in the past month, shuttered its Long Beach location last week, MJBizDaily confirmed Friday.
The Long Beach location had about 10 employees, according to a former staffer.
The company has laid off more than 100 employees since Jan. 26, according to MJBizDaily reporting, including a round of corporate layoffs in MedMen’s accounting and marketing departments.
MedMen’s website, which has been down since Thursday, says “We’ll be back soon,” citing “scheduled maintenance.”
The company did not immediately respond to MJBizDaily inquiries for this story.
MedMen has been silent throughout this latest round of deep cost-cutting measures, leaving dozens of employees nationwide completely in the dark until their termination, several have told MJBizDailythrough the tumult.
Many employees say they have not been paid.
In the past two months, MJBizDaily has detailed the company’s widespread business practice of not paying invoices, abruptly closing stores and a management shake-up.
Chris Casacchia can be reached at chris.casacchia@mjbizdaily.com.