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MedMen President Sells LA Mansion To YouTuber After Laying Off 40% Of Personnel

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MedMen President Sells LA Mansion To YouTuber After Laying Off 40% Of Personnel

MedMen (OTC: MMNFF) President Andrew Modlin has jettisoned his West Hollywood home to YouTuber Emma Chamberlain.

The property was valued at $3.9 million, according to The Los Angeles Times.

The contemporary house is just a few blocks away from MedMen's Hollywood dispensary and covers about 4,075 square feet.

The deal comes on the heels of an announcement confirming that MedMen laid off almost 40% of its staff.

See Also: MedMen CEO On Recent Layoffs: 'We're On Chapter Two, Where Execution Means Profitability'

The two-stories house touts sculptures, a floating staircase leading to glass-filled interiors that open directly outside, a swimming pool, a spa and a cabana.

The second story has several bedrooms and bathrooms overlooking the affluent neighborhood.

Modlin co-founded MedMen in 2010 with Adam Bierman. It has since expanded to several states.

Chamberlain, 18, ranks as one of the most influential people on the internet, having won a "Streamy" award for breakout star in 2018.

Versión en Español en El Planteo: El Presidente de MedMen Vendió su Mansión a la YouTuber Emma Chamberlain

 

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