MedMen VP Daniel Yi On How Recreational Marijuana in California Has Affected Business
Recreational marijuana has been legal in California since January 1 and since then cannabis stores like MedMen in West Hollywood have been a significant bump in sales and foot traffic. Alyssa Julya Smith visited the MedMen location in West Hollywood one month after the store first started selling recreational marijuana.
Yi explains that month-to-month MedMen has been triple the amount of foot traffic and revenue in January as they had from December. He explains that more people than ever before are buying edibles and trying different forms of cannabis.
Los Angeles was slow to start granting recreational marijuana licenses but has continued to issue them. As of the end of January, the city had approved more than 20 stores and is still awaiting approval from the state. According to some analysts, the cannabis industry in California is expected to be worth $5.1 billion in 2018.
On this episode of ChedHER: Founder and Designer of Peace Love World explains how she launched her lifestyle brand after a 17-year career in the aviation industry; CEO of Inclusivv discusses how to navigate challenging topics in the workplace and have conversations on race, mental health, and allyship; Author of 'Here I Stand' and Designer of Cult De Jour breaks down how she's supporting veterans through her fashion brand and the different ways that she's giving back to the community.
Tameka Raymond, Author of 'Here I Stand' and Designer of Cult De Jour, joins ChedHER to discuss how she's supporting veterans through her fashion brand and the different ways that she's giving back to the community.
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Alina Villasante, Founder and Designer of Peace Love World, joins ChedHER to discuss how she launched her lifestyle brand after a 17-year career in the aviation industry, what it's like growing her business alongside her daughter, and trends to keep an eye out for this holiday season.
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