Adam Bierman, CEO, and co-founder of the cannabis company MedMen, stepped down on February 1, after a steep decline in its share price over the last year. It also laid off 40% of its corporate workforce at the end of 2019.

Adam Bierman (R) is the CEO of MedMen, a cannabis dispensary chain. Courtesy of MedMen

Source: Business Insider, Business Insider