MariMed Raises $5.2 Million for Cannabis Facility Development; Spurs Revenue Growth

BOSTON, July 11, 2017, MRMD, (GLOBE NEWSWIRE)  MariMed Inc. (OTCQB:MRMD) in June completed a capital raise of $5,150,000 to fund development and expansion of client medical cannabis facilities in Maryland and Delaware and marketing of MariMed’s Kalm Fusion® line of precision dosed cannabis products into additional states. MariMed, an industry leader in the design, development, operation, funding, and optimization of medical cannabis cultivation, production, and dispensary facilities, assisted two clients in opening medical cannabis facilities in the past two months and has
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