The Weed Business Grows Up With Massachusetts-Base
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Posted On: 09/02/2018 9:19:04 PM
The Weed Business Grows Up With Massachusetts-Based MariMed Inc. (OTCQB: MRMD)
The pot growing business is getting more mainstream every day, and nowhere is that more evident than at MariMed, Inc., the Newton, Massachusetts company that aims to be a “nationally recognized integrated business solutions provider for the highly regulated legal cannabis industry.”
MariMed had $6.1 million in revenue last year, up 70.2 percent from the previous year, according to the company. Fireman claims to be on course to double that revenue number this year, and confidently predicts MariMed will steadily grow to $50 million to $100 million in annual revenue.
MariMed is working with pediatric neurologists to provide “highly pure” CBD to mothers with epileptic children and to help people with Parkinson’s disease and Multiple Sclerosis, Fireman said, but the company’s efforts are hampered by the fact that marijuana is still banned by the federal government.
Forbes: https://bit.ly/2PlY6b3
#MedicatedByMarimed #MariMed #MRMD #MedicalMarijuana #MedicalCannabis #Marijuana #Cannabis #Stocks #Investing #News
The pot growing business is getting more mainstream every day, and nowhere is that more evident than at MariMed, Inc., the Newton, Massachusetts company that aims to be a “nationally recognized integrated business solutions provider for the highly regulated legal cannabis industry.”
MariMed had $6.1 million in revenue last year, up 70.2 percent from the previous year, according to the company. Fireman claims to be on course to double that revenue number this year, and confidently predicts MariMed will steadily grow to $50 million to $100 million in annual revenue.
MariMed is working with pediatric neurologists to provide “highly pure” CBD to mothers with epileptic children and to help people with Parkinson’s disease and Multiple Sclerosis, Fireman said, but the company’s efforts are hampered by the fact that marijuana is still banned by the federal government.
Forbes: https://bit.ly/2PlY6b3
#MedicatedByMarimed #MariMed #MRMD #MedicalMarijuana #MedicalCannabis #Marijuana #Cannabis #Stocks #Investing #News
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