MedMen Announces Resignation of Chief Revenue Officer

Rhea-AI Summary

MedMen Enterprises Inc. (CSE: MMEN, OTCQB: MMNFF) announced the resignation of Tracy McCourt, the Chief Revenue Officer, effective March 4, 2022. The company acknowledged her contributions over the past 14 months and wished her well in future endeavors. MedMen is recognized as a major cannabis retailer in the U.S., with operations in California, Nevada, Illinois, Arizona, Massachusetts, and Florida, offering premium products and services including a loyalty program for consumers.

Positive

• Tracy McCourt's resignation could lead to new leadership opportunities and strategies.

Negative

• The resignation may raise concerns about continuity in revenue management.

LOS ANGELES--(BUSINESS WIRE)-- MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQB: MMNFF), a leading cannabis retailer with operations across the nation, today announced the Company has received notification from Tracy McCourt, the Company’s Chief Revenue Officer, of her decision to resign, effective March 4, 2022.

“We appreciate Tracy’s contributions to the organization these past 14 months and wish her well in her future endeavors,” said Michael Serruya, MedMen’s CEO & Chairman.

ABOUT MEDMEN:

MedMen is a premier American cannabis retailer with an operational footprint in California, Nevada, Illinois, Arizona, Massachusetts, and Florida. MedMen offers a robust selection of high‐quality products, including MedMen‐owned brands MedMen Red and LuxLyte through its premium retail stores, proprietary delivery service, as well as curbside and in‐store pickup. MedMen Buds, an industry‐first loyalty program, provides exclusive access to promotions, product drops and content. MedMen believes that a world where cannabis is legal and regulated is safer, healthier, and happier. Learn more about MedMen at www.medmen.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220211005631/en/

MedMen Media Contact:

Lisa Weser

MedMen@Trailblaze.co



MedMen Investor Relations Contact:

Investors@MedMen.com

Source: MedMen Enterprises Inc.

FAQ

What led to Tracy McCourt's resignation from MedMen Enterprises?

Tracy McCourt's resignation as Chief Revenue Officer was announced by MedMen, effective March 4, 2022, but specific reasons were not provided.

How might Tracy McCourt's departure impact MedMen Enterprises?

Tracy McCourt's departure could impact revenue strategies and continuity within the company, potentially affecting investor confidence.

When did Tracy McCourt resign from her position at MedMen?

Tracy McCourt's resignation from MedMen Enterprises was effective March 4, 2022.

What is MedMen's business focus after the resignation of its Chief Revenue Officer?

MedMen continues to focus on being a premier cannabis retailer in the U.S., operating in multiple states and offering a range of cannabis products.

What are MedMen's operational areas in the U.S.?

MedMen has operations in California, Nevada, Illinois, Arizona, Massachusetts, and Florida.