The Massachusetts company saw its fifth year of double-digit growth, with revenue projections set to top $150 million in 2023.

The transaction closed on March 9, and MariMed's second medical dispensary in Massachusetts began operations under the Panacea Wellness brand the following day.

Levine, co-founder and president of MariMed, has served as interim CEO since the December passing of co-founder, chairman and CEO Bob Fireman.

MariMed, Inc. has closed a $35 million secured credit facility with the goal of expanding cultivation and processing in four state markets.

MariMed, Inc. has named Matt Truppo as vice president of retail sales and Jay O’Malley as vice president of marketing and research and development.

The Board will conduct a process to identify a permanent CEO for MariMed, which may include external and internal candidates.

Bubby's Baked Hot Cocoa powder mixes well with dairy, plant-based milk, or water.

Fireman served as CEO of MariMed since 2017 and a member of its Board of Directors since the company’s formation.

Featuring a new look, Betty’s Eddies fruit chews are vegan, gluten-free and handcrafted with real pieces of organic fruits and vegetables.

MariMed also announced plans to bring its portfolio of edibles to the Missouri market.