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MariMed Closes $35 Million Credit Facility to Accelerate its Strategic Growth Plans

24.01.2023 - NORWOOD, Mass., Jan. 24, 2023 (GLOBE NEWSWIRE) - MariMed, Inc. (“MariMed” or the “Company”) (CSE: MRMD) (OTCQX: MRMD), a leading multi-state cannabis operator, announced that today it closed a $35 million secured credit facility with Chicago . Seite 1 ....

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MariMed Closes $35 Million Credit Facility to Accelerate its Strategic Growth Plans

MariMed Closes $35 Million Credit Facility to Accelerate its Strategic Growth Plans
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MSO MariMed Looks to Expand After Securing $46 Million Financing

April 6, 2021 at 2:49 pm
Exclusive Interview with MariMed President and CEO Bob Fireman
“Bigger doesn’t mean better,” according to MariMed (OTCQX: MRMD) President and CEO Bob Fireman. Cannabis MSO MariMed doesn’t have the footprint of some of its peers, but it is profitable and looking to grow. Fireman spoke with New Cannabis Ventures about the company’s current market presence, interest in M&A and bringing more attention to the company. The audio of the entire conversation is available at the end of this written summary.
A History of Organic Growth
The MariMed management team has been together for more than 10 years. Over that time, the team has built the company from the ground up, winning licenses to develop the core business. The business was financed through real estate management licensing fees, according to Fireman. Then a year and a half ago, the team made the decision to consolidate its client operating business into a public company. ....

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