MariMed Commences Manufacturing Operations in Missouri
MariMed Inc. (CSE: MRMD) has begun cannabis product manufacturing operations in Missouri, marking its expansion into a sixth state. The company plans to distribute its award-winning products statewide by the end of November, including Betty's Eddies™ fruit chews, Bubby's Baked™ confections, Vibations™ drink mixes, and InHouse™ branded products. The facility will operate under a Managed Services Agreement pending license transfer approval. MariMed now operates in Delaware, Illinois, Maryland, Massachusetts, Ohio, and Missouri.
MariMed Inc. (CSE: MRMD) ha avviato le operazioni di produzione di prodotti a base di cannabis in Missouri, segnando la sua espansione in un sesto stato. L'azienda prevede di distribuire i suoi prodotti premiati in tutto lo stato entro la fine di novembre, inclusi i chews di frutta Betty's Eddies™, le caramelle Bubby's Baked™, i mix per bevande Vibations™ e i prodotti a marchio InHouse™. L'impianto opererà sotto un Accordo di Servizi Gestiti in attesa di approvazione per il trasferimento della licenza. MariMed opera attualmente in Delaware, Illinois, Maryland, Massachusetts, Ohio e Missouri.
MariMed Inc. (CSE: MRMD) ha comenzado las operaciones de fabricación de productos de cannabis en Missouri, marcando su expansión a un sexto estado. La compañía planea distribuir sus productos galardonados en todo el estado a finales de noviembre, incluidos los caramelos de frutas Betty's Eddies™, las golosinas Bubby's Baked™, las mezclas para bebidas Vibations™ y los productos de marca InHouse™. La instalación operará bajo un Acuerdo de Servicios Administrados mientras espera la aprobación para la transferencia de licencia. MariMed opera actualmente en Delaware, Illinois, Maryland, Massachusetts, Ohio y Missouri.
MariMed Inc. (CSE: MRMD)는 미주리주에서 대마초 제품 제조 운영을 시작하여 여섯 번째 주로의 확장을 알립니다. 이 회사는 11월 말까지 Betty's Eddies™ 과일 젤리, Bubby's Baked™ 과자, Vibations™ 음료 믹스, InHouse™ 브랜드 제품을 포함한 수상 경력 제품을 주 전역에 배포할 계획입니다. 이 시설은 라이센스 전환 승인을 기다리며 관리 서비스 계약에 따라 운영됩니다. MariMed는 현재 델라웨어, 일리노이, 메릴랜드, 매사추세츠, 오하이오, 미주리주에서 운영되고 있습니다.
MariMed Inc. (CSE: MRMD) a commencé ses opérations de fabrication de produits à base de cannabis dans le Missouri, marquant son expansion dans un sixième État. L'entreprise prévoit de distribuer ses produits primés dans tout l'État d'ici la fin novembre, notamment les bonbons aux fruits Betty's Eddies™, les confiseries Bubby's Baked™, les mélanges pour boissons Vibations™ et les produits de marque InHouse™. L'établissement fonctionnera sous un Accord de Services Gérés en attendant l'approbation du transfert de licence. MariMed opère actuellement dans le Delaware, l'Illinois, le Maryland, le Massachusetts, l'Ohio et le Missouri.
MariMed Inc. (CSE: MRMD) hat mit der Herstellung von Cannabisprodukten im Missouri begonnen, was die Expansion in einen sechsten Bundesstaat markiert. Das Unternehmen plant, seine preisgekrönten Produkte bis Ende November im gesamten Bundesstaat zu vertreiben, einschließlich der Fruchtbonbons Betty's Eddies™, den Süßigkeiten Bubby's Baked™, den Getränkemischungen Vibations™ und Produkte der Marke InHouse™. Die Einrichtung wird unter einem Managed Services Agreement betrieben, während die Genehmigung für den Lizenztransfer aussteht. MariMed ist derzeit in Delaware, Illinois, Maryland, Massachusetts, Ohio und Missouri tätig.
- Expansion into Missouri marks entry into sixth state market
- Expected sales and distribution to begin by end of November
- Introducing multiple established product lines into new market
- Operating under temporary MSA pending regulatory approval
NORWOOD, Mass., Oct. 30, 2024 (GLOBE NEWSWIRE) -- MariMed Inc. (“MariMed” or the “Company”) (CSE: MRMD) (OTCQX: MRMD), a leading multi-state cannabis operator, announced the start of cannabis product manufacturing in Missouri. MariMed’s award-winning products are expected to be available across the state in time for the holidays.
“Expanding our branded products into Missouri has been a key goal for us,” said Ryan Crandall, Chief Revenue Officer. “Missouri’s fast-growing market is eager for high-quality products, and we expect to start sales and distribution by the end of November.”
MariMed plans a statewide wholesale push, distributing its popular edibles and vapes, including Betty’s Eddies™ fruit chews, Bubby’s Baked™ fresh baked confections, Vibations™ hydrating drink mixes, and InHouse™ flower, vapes, and gummies.
This expansion brings MariMed’s operations to six states, with facilities also in Delaware, Illinois, Maryland, Massachusetts, and Ohio. MariMed will manage the Missouri facility under a Managed Services Agreement (MSA) until license transfer approval.
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™, Vibations™, InHouse™, and Nature’s Heritage™, 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.
For MariMed Investors
Certain statements made in this press release that are not based on historical information are forward-looking statements which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. This press release contains express or implied forward-looking statements relating to, among other things, MariMed Inc.'s expectations concerning management's plans, objectives, and strategies, including its plans to continue to expand its footprint in the Commonwealth of Massachusetts to the maximum allowed by state regulations. These statements are neither promises nor guarantees but are subject to a variety of risks and uncertainties, many of which are beyond our control, which could cause actual results to differ materially from those contemplated in these forward-looking statements. Existing and prospective investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. MariMed undertakes no obligation to update or revise the information contained in this press release, whether as a result of new information, future events or circumstances or otherwise. For additional disclosure regarding these and other risks faced by MariMed, see the disclosure contained in our public filings with the Securities and Exchange Commission including, without limitation, our most recent Annual Report on Form 10-K.
Investor Relations Contact:
Steve West
Vice President, Investor Relations
Email: ir@marimedinc.com
Phone: (781) 277-0007
Company Contact:
Howard Schacter
Chief Communications Officer
Email: hschacter@marimedinc.com
Phone: (781) 277-0007
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