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Soft Surroundings files for bankruptcy, will close all stores

Soft Surroundings files for bankruptcy, will close all stores
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Francesca's names CFO | Retail Dive

Cannabis Movers & Shakers: MedMen, Rolling Stone Culture Council, Sierra Constellation, Cansortium, Terra Tech, Flora Growth

MedMen Appoints Reece Fulgham As Interim CFO Cannabis retailer Fulgham replaces Zeeshan Hyder, who opted to step down from the position. The Los Angeles-based company confirmed Friday that Fulgham will supervise its finance and accounting operations starting Dec 21. Fulgham is a former CPA who brings over three decades of accounting, turnaround management, and restructuring experience. During his career, he served as an auditor, board member, interim operating manager, and advisor to several companies, including Hollywood Video, Epic Resorts, American Golf, and Imperial Sugar, to name a few. Currently, he serves as a managing director at SierraConstellation Partners. Tom Lynch, the company’s chairman, and Interim CEO thanked Hyder for his contributions, adding that “his steady hand and deep industry knowledge were vital during our turnaround.”

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