Antonio Villaraigosa, the former mayor of Los Angeles, has been named to the board of directors of cannabis retailer and producer MedMen. The company, which is based in Los Angeles, operates 19 licensed cannabis facilities in three states.
“I’m excited for this opportunity to shape the cannabis industry and its commitment to social equity by joining the board of the company that is leading the charge,” Villaraigosa said on Wednesday in a press release.
Adam Bierman, the CEO of MedMen, said that the company will tap into Villaraigosa’s experience and network of political and business contacts in Los Angeles and the state of California.
“California is the largest legal cannabis market in the world, and Los Angeles is the epicenter of our fast-evolving industry,” said Bierman.
“Few people understand Los Angeles and our home state better than Mayor Villaraigosa. He will be instrumental in guiding MedMen’s expansion in the Golden State and through his broad network, Mr. Villaraigosa will help MedMen solidify its presence across the country. He has dedicated his career to empowering local communities, and we look forward to his leadership,” he added.
Commitment To Social Equity
In an interview with the Los Angeles Times, Villaraigosa said that he plans to