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MariMed Promotes Ryan Crandall to Chief Commercial Officer

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MariMed Inc. (CSE: MRMD) (OTCQX: MRMD) has promoted Ryan Crandall to Chief Commercial Officer, effective immediately. In his new role, Crandall will oversee the company's commercial strategy, including Sales, Marketing, Product Development, and Retail Operations.

Crandall previously served as MariMed's Chief Revenue Officer since July 2022 and held positions as Chief Products Officer and SVP, Sales. He entered the cannabis industry in 2014 as co-creator of Betty's Eddies™, a cannabis-infused chews brand that was later acquired by MariMed. Before joining MariMed in 2018, he held executive positions in cybersecurity and software corporations, including RSA Security and EMC2.

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Positive

  • Strategic promotion of experienced executive with proven track record in product development and sales
  • Internal promotion demonstrates strong succession planning and talent retention
  • Leadership continuity maintained as Crandall has been with company since 2018

Negative

  • None.

News Market Reaction 1 Alert

-4.39% News Effect

On the day this news was published, MRMD declined 4.39%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

NORWOOD, Mass., April 07, 2025 (GLOBE NEWSWIRE) -- MariMed Inc. (“MariMed” or “Company”) (CSE: MRMD) (OTCQX: MRMD), a leading cannabis consumer packaged goods company and retailer has promoted Ryan Crandall to Chief Commercial Officer, effective immediately. In his new role, Mr. Crandall will lead the Company’s commercial strategy and activities, including Sales, Marketing, Product Development, and Retail Operations. He has served as MariMed’s Chief Revenue Officer since July 2022, and prior was the Company’s Chief Products Officer and SVP, Sales for four years. Mr. Crandall will continue to report to MariMed CEO Jon Levine.

“Ryan has been a driving force behind creating our innovative and trusted portfolio of brands and establishing them as top sellers in our core markets,” said Mr. Levine. “He has also guided our efforts to deliver an exceptional customer experience at our retail locations. His promotion to Chief Commercial Officer is well-deserved and I look forward to his continued contributions to value generation for our customers and shareholders.”   

Mr. Crandall entered the cannabis industry in 2014 when he co-created Betty’s Eddies™, a brand of all-natural, cannabis-infused chews that MariMed acquired prior to his joining the company in 2018. Prior, he held a series of executive positions with increasing sales responsibilities in major cybersecurity and software corporations, including RSA Security and EMC2.

“I am honored and excited to step into the role of Chief Commercial Officer at MariMed,” said Mr. Crandall. “Being a part of this great company, with its award-winning brands, dedication to strategic growth initiatives, and commitment to its mission of improving lives, has been a fantastic journey. I’m eager to deepen my collaboration with our talented team, building on our collective success to strengthen MariMed’s position as a leading cannabis products company.”

About MariMed
MariMed Inc. is a leading multi-state cannabis operator, known for developing and managing state-of-the-art cultivation, production, and retail facilities. Our award-winning portfolio of cannabis brands, including Betty's Eddies™, Bubby’s Baked™, InHouse™, Nature’s Heritage™, and Vibations™, sets us apart as an industry leader. These trusted brands, crafted with quality and innovation, are recognized and loved by consumers across the country. With a commitment to excellence, MariMed continues to drive growth and set new standards in the cannabis industry. For additional information, visit www.marimedinc.com.

Company Contact:
Howard Schacter
Chief Communications Officer 
Email: hschacter@marimedinc.com
Phone: (781) 277-0007


FAQ

What is Ryan Crandall's new role at MariMed (MRMD) as of April 2025?

Ryan Crandall has been promoted to Chief Commercial Officer at MariMed, where he will lead the company's commercial strategy, including Sales, Marketing, Product Development, and Retail Operations.

What was Ryan Crandall's previous position at MariMed (MRMD) before becoming CCO?

Ryan Crandall served as MariMed's Chief Revenue Officer since July 2022, and previously held positions as Chief Products Officer and SVP, Sales.

What is Ryan Crandall's connection to Betty's Eddies cannabis brand?

Ryan Crandall co-created Betty's Eddies, a brand of cannabis-infused chews, in 2014 before the brand was acquired by MariMed.

When did Ryan Crandall join MariMed (MRMD)?

Ryan Crandall joined MariMed in 2018, after working in executive positions at cybersecurity and software corporations like RSA Security and EMC2.
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