Ex-MedMen CFO Owed $24M Over Contract Breach, Jury Told

By Craig Clough (November 17, 2021, 10:02 PM EST) -- MedMen and its founders owe the cannabis giant's former chief financial officer up to $24.89 million after he was forced to quit over toxic work environment concerns and potentially illegal actions by the founders, an attorney for the former executive told a California jury during closing arguments Tuesday.

Michael J. Kump of Kinsella Weitzman Iser Kump Holley LLP, who represents MedMen's former CFO James Parker, told the jury that his client is owed up to $24.89 million because of the clear provisions of an employment agreement pertaining to equity shares and a severance payout that MedMen violated.

Kump also said Parker could be owed an additional amount if...

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