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home / news releases / MRMD - MariMed acquires fifth adult-use dispensary license in Illinois

MRMD - MariMed acquires fifth adult-use dispensary license in Illinois

MariMed Inc
  • Marimed ( OTCQX:MRMD ) signed a definitive agreement to acquire the ownership interests in a conditional adult-use cannabis dispensary license in Illinois.
  • On transaction closure, MariMed will commence operation of its fifth Thrive adult-use dispensary in Illinois, which is expected in 2023.
  • Currently, the company owns and operates four adult-use dispensaries; it is also constructing craft cultivation and processing facility in Mt. Vernon, Illinois, making MariMed a full vertical operator in the state when completed.
  • The company plans to manufacture and distribute its proprietary brands and products across Illinois.

For further details see:

MariMed acquires fifth adult-use dispensary license in Illinois
Stock Information
Company Name: MariMed Inc
Stock Symbol: MRMD
Market: OTC
Website: marimedadvisors.com
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