MedMen Enterprises Inc. announced that Ellen Deutsch Harrison has stepped down as board member effective January 19, 2024 and the board has appointed Richard Ormond as chief restructuring officer. Furthermore, Michael Serruya, executive chairman of the board, who has served on the Board since August 2021, has stepped down from the Board effective January 24, 2024. Richard P. Ormond, 51, has been a lawyer at Buchalter, APC since March 2003 and a shareholder at that firm since 2007.

Mr. Ormond is the co-founder and chairman of Ejudicate Inc., d/b/a Brief.com, an online dispute resolution company, and the principal of Stone Blossom Capital LLC, a receivership, ABC and restructuring business focused on the cannabis industry, since January 2020. From January 2020 to May 2021, Mr. Ormond was a professor at Loyola Law School, where he taught a cannabis business law course focusing on finance, regulatory compliance and corporate governance. Mr. Ormond holds a Bachelor?s Degree in Political Science from the University of California, Los Angeles and a Juris Doctor degree from the University of San Diego School of Law.