Category: News

MedMen cuts 190 jobs, sells assets as pot firms come down off an expansion high

Cash-strapped MedMen Enterprises Inc. is laying off more than 190 employees, including 20% of its corporate workforce. The move is part of a broader corporate restructuring, with the Culver City, Calif.-based pot company targeting positive earnings before interest, taxes, depreciation and amortization by the end of 2020. MedMen will also divest noncore assets, including the…

By JohnValbyNation November 16, 2019 0

Vatican youth seminary scandal grows with new abuse claims

VATICAN CITY  —  A scandal over alleged sexual molestation and abuse at the Vatican’s youth seminary is growing, with more former papal altar boys alleging inappropriate behavior by priests inside the Vatican walls. Le Iene, an Italian investigative television program, plans to air the new allegations Sunday; the show provided the broadcast to the Associated…

By JohnValbyNation November 16, 2019 0