MariMed Inc. reported that it closed a $58.7 million secured credit facility with a U.S. chartered bank on Nov. 17.

U.S. multi-state operators reported strong results for the third quarter of 2023, citing the launch of adult-use cannabis sales in Maryland and Connecticut.

MariMed’s Board of Directors has appointed Jon Levine, president and CEO, as the company’s interim chief financial officer and has initiated a search process to identify a new candidate.

Available in late October, each Sweater Weather Betty’s fruit chew is made with real apples and warm spices.

Betty’s Eddies has launched a limited-time, redesigned pink package for its fan-favorite Ache Away Eddies that highlights KAB’s mission of reducing breast cancer risk through education.

MariMed President and CEO Jon Levine and Benzinga VP/Events & Head of Cannabis Elliot Lane presented the inaugural award to Shanel Lindsay, founder and president of Ardent Life Inc, for her work bridging cannabis science and policy making.

The Blueberry Muffin Bites are available at select dispensaries in Massachusetts, Maryland and Delaware.

MariMed's event protested Section 280E of the Internal Revenue Service Code, which prohibits businesses that sell Schedule I or Schedule II substances from deducting ordinary business expenses. 

MariMed Inc.’s Betty’s Eddies brand has launched Beachtime Betty’s, a limited-edition batch of Strawberry Lemonade chews for the summer.

MariMed said it soon plans to add 40 mg products to its edibles portfolio, beginning with Betty’s Eddies fruit chews in the coming weeks.