MRMD stock is trading lower by 1% in this morning’s session after MariMed Inc. (OTCQB:MRMD) has announced that its subsidiary MariMed Hemp will acquire 70% of MediTaurus, the owner of the Florance brand of hemp wellness products. The company has also announced its Q4 and FY results.
MediTaurus AcquisitionFlorance is an established brand in the US and EU, with a number of online distributors, pharmacies, wholesalers, and physicians.
This is the first MariMed Hemp acquisition established to optimize the company’s investment in GenCanna Global Inc. Jokubas Ziburkus, the founder and CEO of MediTaurus, ...
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