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MARIMED (MRMD) Stock News, Sep 2020-Aug 2021

MRMD OTC

MariMed Inc. reports news on its multi-state cannabis operating platform, including cultivation, production, branded consumer products and retail dispensaries. Company updates commonly cover financial results, earnings-call schedules, wholesale distribution, branded product activity and retail operations tied to names such as Betty's Eddies, Bubby’s Baked, InHouse, Nature’s Heritage, Vibations and Thrive Dispensary.

Recurring developments also include capital-structure actions, preferred-stock obligations, hemp-derived THC product launches, cannabis regulatory commentary and community initiatives associated with the company's dispensary and brand portfolio.

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MariMed, a multi-state cannabis operator, announced a collaboration with Emack & Bolio’s to launch a line of cannabis-infused vegan and dairy ice creams. Utilizing MariMed’s formulations rich in cannabinoids and terpenes, the products are set to debut in Massachusetts before expanding to other legal markets. This partnership aims to leverage the growing trend in the ice cream market towards healthier options, as noted by Mordor Intelligence, which projects a 3% growth driven by demand for natural ingredients.

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MariMed Inc. (MRMD:OTCQX) announced that CEO Bob Fireman will speak at the Benzinga Virtual Cannabis Capital Conference on October 15th. The conversation will address the company’s revenue growth in the Massachusetts and Illinois cannabis markets and its consolidation strategy. Additionally, MariMed management will hold one-on-one meetings with institutional investors to discuss its growth strategy amid evolving regulations. Interested investors can register for the event online.

MariMed develops state-licensed cannabis facilities and industry-leading products, focused on health and wellness.

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MariMed Inc. (MRMD:OTCQX) has launched a new line of solventless concentrates under its Nature’s Heritage brand, specifically live rosin. This product is designed to appeal to cannabis consumers seeking high-quality, flavor-rich options. With a focus on meeting strong consumer demand, the company aims to enhance its market share and revenue through this ultra-premium offering. The brand has established itself as a top flower seller in Massachusetts and Maryland, now expanding its product line to include various concentrates and other cannabis products. Visit Nature’s Heritage for more information.

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MariMed Inc. (MRMD) will present at Canaccord Genuity's US Cannabis Symposium on September 30, 2020, at 10:30 a.m. ET, featuring CEO Bob Fireman and CFO John Levine. The company aims to discuss its growth strategy and increasing cannabis revenues during the event. MariMed's management will also hold investor meetings to elaborate on their consolidation and market share expansion initiatives. The company, focused on health and wellness through cannabis products, operates licensed cannabis facilities and develops industry-leading brands, including 'Betty's Eddies™' and 'Nature’s Heritage™'.

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FAQ

What is the current stock price of MARIMED (MRMD)?

MARIMED (MRMD) last closed at $0.06.

What is the market cap of MARIMED (MRMD)?

The market cap of MARIMED (MRMD) is approximately $24.2M.