MedMens dispensary at 110 S. Robertson Blvd. in Beverly Hills.
Culver City-based cannabis retailer MedMen Enterprises Inc., which has struggled financially for several years, is pinning its hopes on a turnaround specialist whos already making progress with a difficult restructuring.
Tom Lynch was made the permanent chief executive of MedMen on July 15 after more than a year as interim CEO.
The executive has a long history of righting troubled companies, including Fredericks of Hollywood Group Inc., an iconic lingerie retailer based in Hollywood, and Davids Bridal, a Conshohocken, Pa.-based wedding dress company he led out of bankruptcy.
Now Lynch looks to bring that Midas Touch to potentially his biggest corporate challenge yet.
MedMen w…
Read the full article at: https://labusinessjournal.com/news/2021/jul/26/struggling-medmen-seeks-restructuring-turnaround/