MariMed Closes $4 Million Financing to Complete Cannabis Cultivation Facility in Maryland

$22.3 million raised by MariMed in 2017 Financing validates MariMed’s ability to fund shareholder-enhancing projects on an as needed basis NEWTON, Mass. and NEW YORK, Dec. 27, 2017 (GLOBE NEWSWIRE)  MariMed Inc. (OTCQB:MRMD) has completed a $4 million loan financing through its subsidiary MariMed Advisors with Best Buds Funding LLC.  MariMed and its affiliate companies intend to use the proceeds to complete the build out of its medical cannabis cultivation and production facility in Hagerstown, Maryland. MariMed Inc. is an
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