The duo were originally ousted from MedMen in early 2020
The once-high-flying co-founders of MedMen Enterprises, Adam Bierman and Andrew Modlin, are back in the spotlight – this time for a new court battle. Or two.
Thirteen months after they were given a way back into the cannabis industry by the owners of a California retail chain, Bierman and Modlin have now sued their new partners, accusing them of scheming to unload the company in a “fire sale.”
The duo – who were ousted from MedMen in early 2020 – recently filed three lawsuits in state and federal court against five co-owners of Coastal Holding Co. over plans to sell the Santa Barbara-based company for $56.2 million.
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