Tag: CBT > MariMed Cannabis Company: Page 3

Illinois

MariMed Opens Bigger Dispensary in Town of ‘Big Things’

The multistate cannabis operator opened a larger, permanent Thrive dispensary in Casey, Ill.

March 12, 2024

Illinois

MariMed Commences Cannabis Processing Operations in Illinois

The facility in Mt. Vernon makes MariMed a vertically integrated operator in the state, where the company also has five Thrive dispensaries.

December 4, 2023

Finance

MariMed Closes $58.7 Million Debt Refinancing

The 10-year term at a reduced annualized interest rate will result in a $4.7-million reduction to principal and interest expense in the first 12 months and $3.5 million annually for four years.

November 20, 2023

Legislation and Regulation

Boston … ‘280E THC’ Party? MariMed Takes it Back to 1773

The Massachusetts-based multistate cannabis operator protested unfair cannabis industry tax laws that have hurt businesses and workers alike.

July 13, 2023

Maryland

MariMed Receives Approval to Once Again Produce, Sell High-Dosage Edibles in Maryland

The company plans to add 40-milligram products across its entire edibles portfolio in the coming weeks.

April 4, 2023

Massachusetts

MariMed Hires 2 Senior Executives to Strengthen Sales, Marketing and R&D

Matt Truppo joins the company as vice president of retail sales and Jay O’Malley as vice president of marketing and research & development.

January 17, 2023

Massachusetts

MariMed Appoints Jon Levine as Interim Chief Executive Officer

The multistate cannabis operator’s appointment comes days after CEO Robert Fireman died.

December 14, 2022

Industry Headlines

MariMed Mourns the Passing of Robert Fireman, Chairman, CEO and Cannabis Industry Pioneer and Visionary

The company will provide further information on succession once the Board of Directors has had an opportunity to determine the best path forward.

December 12, 2022

Maryland

MariMed Opens its First Medical Cannabis Dispensary in Maryland

With the opening of the dispensary in Annapolis, MariMed is a fully vertical cannabis operator in Maryland.

October 5, 2022

Distribution

MariMed to Launch Award-Winning Brands in Michigan Adult-Use Cannabis Market

The multistate cannabis operator has announced an agreement with 42 Degrees, a Michigan licensed cannabis producer and distributer, to manufacture and distribute MariMed’s award-winning brands and products in the state.

September 19, 2022

Missouri

MariMed’s Brands and Products to Enter Missouri Market

As part of the agreement, MariMed will develop and manage a state-of-the-art production kitchen, which it anticipates to be completed by Q1 2023.

September 12, 2022

Illinois

MariMed Acquires Fifth Adult-Use Dispensary License in Illinois

The dispensary license is for the BLS District #16, which is situated in the Central-Eastern part of Illinois, bordering Indiana.

August 8, 2022