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MedMen Appoints Venture Capital Investor Benjamin Rose Chairman of the Board

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MedMen
Enterprises Inc
. ("MedMen" or the "Company") (CSE:MMEN) (OTCQB: MMNFF) (FSE: A2JM6N) today announced the appointment of Benjamin Rose as
non-executive chairman of its board of directors effective immediately.

Rose brings more than 20 years of high-profile experience in financial
markets and entrepreneurial finance, having served as a managing
director and portfolio manager for a variety of institutional,
high-performance investment firms. Since 2012, Rose has served as the
chief investment officer of Wicklow Capital, Inc., an active,
early-stage investor in a variety of innovative sectors including
cannabis, blockchain technologies and biotechnology.

"Ben's deep experience identifying strategic opportunities for growth
while working with companies to build best-in-class operations makes him
an ideal choice to lead our board of directors," said MedMen Co-Founder
and CEO Adam Bierman. "With Ben's addition, our board has the depth and
diversity of experience necessary to help MedMen navigate our next phase
of rapid growth and deliver value to our shareholders."

MedMen Enterprises is a standard bearer in the fast-growing,
state-sanctioned legal cannabis industry in the U.S. Today, the company
operates 19 licensed facilities touching the whole vertical from
cultivation to retail in three key states; California, Nevada and New
York. With over 800 employees and expansion plans in other key markets,
such as Florida, Arizona and Canada, MedMen is one of the best
positioned cannabis enterprises in the country.

MedMen's board is now comprised of nine members, six of whom are
independent directors. MedMen's board members have a broad and diverse
set of expertise including corporate governance, consumer brands and
capital markets.

"MedMen has built its leadership position by establishing best-in-class
business practices across every part of the company," Rose said. "The
firm has an unmatched model and open-ended runway to continue executing
its growth plan in what has become the fastest growth industry in the
U.S. I am honored to be appointed chairman of the board and excited to
work with my fellow board members and management team to advance the
company's goal of becoming the industry's leading vertically-integrated
cannabis company."

Rose was appointed chairman during a board meeting held August 29 at
MedMen's headquarters in Culver City, California.

MedMen's Board Composition:

  • Benjamin Rose*, Chairman, Chief Investment Officer of Wicklow Capital
  • Antonio Villaraigosa*, Former Mayor of Los Angeles and Past President
    of U.S. Conference of Mayors
  • Mark Hutchison*, Tax Partner at Armanino, LLP
  • Stacey Hallerman*, Former Vice President, Chief Legal Counsel and
    Corporate Secretary at Richemont North America
  • Jay Brown*, Co-Founder and CEO of RocNation
  • Andy Rayburn*, Principal and Founder of Big Game Capital
  • Adam Bierman, Co-Founder & CEO of MedMen
  • Andrew Modlin, Co-Founder & President of MedMen
  • LD Sergi Trager, General Counsel of MedMen

* Independent Director

ABOUT MEDMEN:

MedMen Enterprises is a leading cannabis company in the U.S. with assets
and operations across the country. Based in Los Angeles, MedMen brings
expertise and capital to the cannabis industry and is one of the
nation's largest financial supporters of progressive marijuana laws.
Visit http://www.medmen.com

SOURCE: MedMen Enterprises

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