Reifsteck Brings Expertise from the Greek Yogurt Company and “Big 4” Accounting Firm to Premier Consulting and Management Firm Serving Marijuana Industry
LOS ANGELES, Oct. 15, 2014 /PRNewswire/ — MedMen is proud to announce the addition of Michael Reifsteck to their growing team as Chief Financial Officer. Reifsteck joins MedMen with 15 years of CFO experience, getting his start working for “Big 4” accounting firm KPMG, and recently serving as Corporate Controller of Chobani Yogurt. During his time at Chobani, the company grew from $260 million to $1.2 billion. During his time at KPMG, Reifsteck gained a mastery of the most complex and detailed aspects of financial accounting, expertise he plans to utilize alongside the agility and aggression that was necessary during Chobani’s meteoric rise.
MedMen is the premier consulting and management firm serving the marijuana industry. Since 2007, MedMen has helped more than 100 businesses navigate the complexities of entering and succeeding in the legal marijuana market, from effectively completing state applications to managing the day-to-day operations of a mature business. Says Reifsteck, “I’m looking forward to helping MedMen grow, and I will work to make sure the controls and processes are in place to safeguard the company’s assets.”
Founded by entrepreneurs Adam Bierman and Andrew Modlin, MedMen brings together expertise in three critical areas—licensing, design and management—to help businesses enter the industry, maximize their space and brand identity, and grow a legitimate and stable operation. “Michael is uniquely qualified to be CFO of a company growing as rapidly as MedMen has,” said Duke Fu, President of MedMen. “We are excited for him to guide our company as marijuana legalization expands and MedMen takes on a larger role in the industry.” MedMen is currently helping operators take care of the complicated application processes in Illinois and Florida.