Jon Levine

Cannabis company MariMed, Inc. (OTCQX: MRMD) announced Tuesday that it has inked a definitive agreement to acquire Green Growth Group. Terms of the deal to purchase the holder of a provisional cannabis craft license in Illinois were not disclosed. What It Means For MariMed This transaction...

Multi-state cannabis operator MariMed, Inc. (OTCQX: MRMD) reported its financial and operating results Monday for the quarter ended September 30. Q3 2021 Financial Highlights Revenue totaled $33.2 million, representing an increase of 147% from the third quarter of 2020. Gross profit was $18.2...

MariMed, Inc. (OTCQX: MRMD) disclosed Monday its core revenue spiked 230% year-over-year, reaching $24.6 million in the first quarter of 2021, marking it the company's highest-ever quarter of core cannabis revenue and profitability. Bob Fireman, CEO of the Norwood, Massachusetts-based company,...

This was a very active week in the cannabis capital markets, with Cronos Group reporting earnings, Canopy Growth applying to trade on the NYSE, Aurora Cannabis acquiring MedReleaf in the largest cannabis deal in history and GTI announcing intentions to go public in Canada. The news drove the United...