LOS ANGELES–()–MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF), a number one hashish retailer with operations throughout the United States, at present introduced the outcomes of its annual assembly (the of shareholders (“MedMen Shareholders”) held on November 10, 2020.

MedMen Shareholders voted in favor of the next agenda objects:

  • Setting the variety of Board of Directors (“Directors”) of the Company at seven (7), topic to permitted will increase
  • Electing Benjamin Rose, Niki Christoff, Mel Elias, Al Harrington, Tom Lynch, Errol Schweizer and Cameron Smith as Directors
  • Re-appointing MNP LLC because the auditors of the Company for the following yr and authorizing the administrators of the Company to repair their remuneration.

The new Board of Directors is comprised of skilled executives throughout the hashish, retail, meals and beverage, and public coverage sectors:

Ben Rose

Mr. Rose is the Chief Investment Officer for Wicklow Capital, an lively early stage investor in a wide range of revolutionary sectors, together with blockchain applied sciences, biotechnology and hashish. At Wicklow, Mr. Rose focuses on working with portfolio investments to establish strategic alternatives for progress whereas constructing finest in school operations. He has greater than 20 years of expertise in each monetary markets and entrepreneurial finance, having served as a managing director, portfolio supervisor and dealer for a wide range of institutional, excessive efficiency funding corporations.

Niki Christoff

Ms. Christoff most just lately served as a Senior Vice President of Strategy and Government Relations at Salesforce, the place she has held the position from 2017 to 2020. Prior to becoming a member of Salesforce, Ms. Christoff served as Senior Director of Public Policy at Uber. Ms. Christoff additionally held quite a lot of positions at Google over a span of eight years, together with most just lately, serving as Director of Global Communications and Public Affairs. In 2019, Ms. Christoff was named certainly one of Fortune’s “25 Most Powerful Women in Politics.”

Mel Elias

Mr. Elias is an lively investor, entrepreneur and developer in Los Angeles and has previous and current board expertise in CPG and shopper retail companies each within the United States and internationally. Mr. Elias was beforehand the President and CEO of The Coffee Bean & Tea Leaf for six years, till it was bought in 2013.

Al Harrington

Mr. Harrington is the Founder and Chief Executive Officer of Viola, Inc., a premium hashish firm. Additionally, he’s additionally the founding father of Harrington Wellness, a producing firm of non-psychoactive cannabinoid merchandise, which at present produces hashish topical options. Prior to his entry into the hashish business, Mr. Harrington was an expert basketball participant for 16 seasons within the NBA, enjoying for the Indiana Pacers, the Atlanta Hawks, the Golden State Warriors, in addition to the New York Knicks, amongst others.

Tom Lynch

Mr. Lynch is a Partner and Senior Managing Director of SierraConstellation Partners (“SCP”), and brings with him over twenty years of capital market expertise with a deep focus in restructuring, exercises, recapitalizations, M&A, secondary market transactions, in addition to strategic planning and execution. Prior to becoming a member of SCP, Tom was the co-founder and Managing Partner of Woods Hole Capital. Prior to founding Woods Hole Capital, Tom was the Chairman and Chief Executive Officer of Frederick’s of Hollywood Group (a publicly traded firm). In this capability, Mr. Lynch led an out of court docket monetary and operational restructuring which culminated in a sale to Phil Falcone’s HRG Group in 2014. Prior to becoming a member of Frederick’s, Mr. Lynch was the CEO of Mellon HBV later renamed Fursa Alternative Strategies.

Errol Schweizer

Mr. Schweizer is a strategic advisor to a number of high-growth retailers and types. Mr. Schweizer has over 25 years of expertise within the meals and hashish industries, together with 15 years at Whole Foods Market, the place he held quite a lot of roles inside the group, together with Vice President of Grocery. In this position, Mr. Schweizer oversaw merchandising, product assortment, promotional packages and monetary efficiency for over 80 product classes and $5 billion in annual gross sales.

Cameron Smith

Mr. Smith at present operates a non-public angel funding and advisory fund that focuses on well being meals. Prior to his funding and advisory enterprise, Mr. Smith was General Counsel of The Island ENC, Inc., President of Quantlab Financial and labored on the U.S. Securities Exchange Commission.

ABOUT MEDMEN:

MedMen is a hashish retailer with flagship areas in California, Nevada, Illinois, Florida, and New York. MedMen affords a strong number of high-quality merchandise, together with MedMen-owned manufacturers [statemade], LuxLyte, and MedMen Red by means of its premium retail shops, proprietary supply service, in addition to curbside and in-store choose up. MedMen Buds, the Company’s loyalty program, offers unique entry to promotions, product drops and content material. MedMen believes {that a} world the place hashish is authorized and controlled is safer, more healthy and happier. Learn extra about MedMen and The MedMen Foundation at www.medmen.com.

SOURCE: MedMen Enterprises

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