MedMen expands its cannabis retail empire to Florida

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MedMen expands its cannabis retail empire to Florida
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MedMen Enterprises, one of the larger cannabis dispensary operations in the US, is zeroing in on Florida as it continues its US expansion

MedMen , which is based in Los Angeles and operates 35 medical and recreational cannabis stores in the US, opened a 7,550-square-foot medical marijuana dispensary in downtown West Palm Beach, Florida, on Friday.The store is MedMen's first in the Sunshine State, but the company has big plans there: Of the 15 dispensaries it's looking to open this year, 12 are slated for Florida.

MedMen is one of 14 licensed operators in the state, each of which can open up to 35 dispensaries across Florida. The 35-store cap is slated to expire in April 2020. Florida has taken steps this year to loosen its medical marijuana laws, including allowing for the sale of smokable cannabis and increasing the number of licensed operators by eight.

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