MedMen’s recent bankruptcy is like a loud wake-up call for the cannabis industry. Once a big shot in the game, MedMen’s downfall is a classic case of biting off more than you can chew. Back in the day, they were the cool kids on the block, with fancy stores and a vibe that said, “Cannabis is going mainstream, baby!”
But behind the scenes, they were making some serious mistakes. They expanded faster than a weed plant in sunlight, snatching up new shops left and right. Sounds great, right? Nope. Turns out, they spread themselves too thin and couldn’t keep up.
And just when they thought things couldn’t get worse, along came COVID-19. With stores closing left and right and customers stuck at home, sales took a nosedive. MedMen, like many others, couldn’t weather the storm. The whole California cannabis scene seems like it belongs in the new Fallout series.
Then there’s the whole legal mess. Cannabis laws are like a puzzle with missing pieces, different in every state and always changing. MedMen had to deal with crazy costs and red tape just to stay on the right side of the law. It was like trying to ride a bike with square wheels.
And that is why you cannot place all the blame on Medmen. You can’t blame Grassdoor. You can’t blame the many other deliveries and dispensaries that are now shutdown as it really comes down to poor state and federal legislation that makes it extremely difficult for any cannabis business to survive. There are not many around that you can still depend upon. So if you are in SoCal and looking for a reliable spot to get some yummy edibles or beautiful flowers, would check out canexdelivery.com for some good deals.
