Blunt Business

Adam Bierman, Former CEO Of Med Men Enterprises, On Blunt Business: The Biggest Takeaways As An Entrepreneur After Med Men's Decline

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Sinopsis

Adam Bierman is the co-founder and former CEO of Med Men Enterprises, the first American cannabis unicorn. During his decade at the company, it grew to five states, 32 retail stores, and 1500 employees. In 2019, Med Men lost 95% of its value and Adam chose to invest even more in the company despite advice to diversify. This led to lawsuits and Med Men essentially disappeared from the industry. Adam is now working with cannabis companies and investors to expand consumer access on a global scale. He was also responsible for setting the trend of dispensary design, with a layout similar to an Apple store.Adam, the founder of Bedmen, a cannabis unicorn, had a ten-year run of building the company and brand. He left the company and gave up his board seat and voting rights. Since then, Bedmen has gone through three CEOs and has not recovered. Adam's biggest takeaway from his experience is that even though he was the face of the company, it didn't matter as people expected that person to be a party animal. He