MedMen's 45,000 sq. ft. Nevada facility breaks ground

MedMen co-founders Adam Bierman and Andrew Modlin were on hand October 6 along with local news media and government officials to kick off construction of MedMen's first project in Nevada; a $15 million, 45,000-square-foot state-of-the-art cultivation and production facility just outside Reno.

The Mustang project is expected be complete by early 2017 and will serve as a model for the industry with a high-tech, Dutch-style greenhouse employing the latest in agro-technology, a cutting-edge extraction and production facility, and test lab. It is expected to produce 10,000 pounds of cannabis annually when fully operational.

"This facility is a shining example of what is possible when smart capital and industry expertise come together," said Mr. Bierman, MedMen's CEO. "We selected Nevada for a number of reasons, in no small part its business friendly environment, but above all because this state is on the leading edge of the cannabis evolution."

"Our philosophy is that cannabis is like any other industry, and we operate it like any other industry with institutional best practices and subject matter expertise," added Mr. Modlin, MedMen's COO. "What we do differently is that we bring a high level of innovation and performance."

MedMen will manage the facility on behalf of a local license holder and produce flower, concentrates and a range of marijuana infused products.

For more information

MedMen