MedMen Names Former Whole Foods VP To Its Board Of Directors

Cannabis retailer MedMen Enterprises Inc. MMEN MMNFF said Wednesday it has hired Errol Schweizer to its board of directors.

Prior to joining MedMen, Schweizer spent 15 years at Whole Foods Market Inc., where he was a vice president of grocery at one point. While at this position, he was managing sales, promotional activities, and financial performance for more than 80 product categories generating $5 billion in annual sales, the company said.

Schweizer brings to MedMen more than 25 years of professional experience covering food and cannabis industries.

In addition, Jay Brown has left the board at the same time to concentrate on other businesses, while remaining a part of the company as a strategic advisor.

MedMen’s shares were trading 13.59% higher at 23 cents per share on Wednesday morning.

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Photo courtesy of MedMen.