The Biggest Cannabis Dispensary Chain Yet To Arrive In SF, MedMen, Opens Store In Cow Hollow
SF doesn’t really have any ‘Starbucks-style’ national dispensary chains
The largest, nationwide legal marijuana retailer San Francisco has seen yet, MedMen, just opened a Cow Hollow outpost. But the former high-flying Green Rush “unicorn” arrives in SF awash in red ink and restructuring after a high-profile flame-out.
San Francisco does not really have any big, national cannabis dispensary chain stores with Starbucks-style saturation presence. The city’s famed aversion toward formula retail has kept out most of the nation’s largest legal marijuana retail chains until now, like CuraLeaf, Trulieve, and MedMen. The biggest “chain” retailers here are regional players like The Apothecarium, Stiiizy, and SPARC, with two or three stores in town, and little if any national profile.
But big national chain-store marijuana retailers are indeed a thing. A chain called Trulieve is the largest dispensary chain in the U.S. with nearly 150 dispensaries across 11 legal states. And the former largest chain marijuana retailer in the country, MedMen, once had 78 dispensaries in 12 states, and was hailed as “America’s first $1 billion marijuana ‘unicorn.’” This was back in the early days of legal cannabis, when venture capital deals were growing like weeds, and it was widely assumed that everyone in the recreational marijuana game was certain to get stinking rich.
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