Marimed To Acquire Illinois Craft Cannabis License Allowing For Vertically Integrated Cannabis Operations
Marimed To Acquire Illinois Craft Cannabis License Allowing For Vertically Integrated Cannabis Operations
01/18/22, 12:32 PM
Location
norwoodIndustry
health care
community and lifestyle
MariMed, Inc. (OTCQX: MRMD) (“MariMed” or the “Company”), a leading multi-state cannabis operator focused on improving lives every day, today announced it signed a definitive agreement to acquire Green Growth Group, Inc. (“Green Growth”), holder of a provisional Cannabis Craft License in Illinois. The transaction is subject to customary closing conditions and regulatory approvals. Terms of the deal were not disclosed.
Company Info
Location
Norwood, Massachusetts, United States
Company info
MariMed Inc. is a multi-state cannabis operator dedicated to improving the lives of people every day through its products, actions, and values. The Company develops, owns, and manages state-licensed cannabis facilities, including growing and processing facilities as well as medical and adult-use retail dispensaries. MariMed is at the forefront of research and innovation, and its craft cannabis cultivation approach has resulted in a portfolio of premium, award-winning, and top-selling product brands, including Betty's Eddies™ fruit chews, Nature’s Heritage™ flower, and K Fusion™ precision-dose mint tablets. The foundation of MariMed’s success is a culture of collaboration, compassion, and integrity.
