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Medmen Cannabis Caught In Cash Crisis Or Coronavirus Crisis Close Five Florida Stores

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Deerfield-News.com-Deerfield Beach, Fl-While many retailers search for their uncertain futures medical marijuana seemed to be crisis-proof. Not so, Medmen announced this week via their website they have shuttered the doors on five dispensaries in  Florida. Due to a cash crisis or coronavirus, Medmen does not say.

Locations are shuttered in Jacksonville Beach, Key West, Orlando, Sarasota and Tallahassee. Three stores in Pensacola, St. Petersburg and West Palm Beach remain open, according to the company’s website.“MedMen … is temporarily closed effective Sunday May 3rd. Thank you for your patience and support, please check back for updates on medmen.com.”

Medmen was slated to open six other stores in Florida including one in Deerfield Beach. The company had a record of 123,817 ounces of medical cannabis sold in April.