MariMed Is On A Roll: Partners With Two Iconic Music Venues In Boston, Acquires Another Illinois Cannabis Dispensary
Multi-state marijuana operator MariMed Inc. (CSE:MRMD) (OTCQX:MRMD) has closed the acquisition of Allgreens Dispensary, LLC on Tuesday, April 9, its fifth dispensary in Illinois.
The Massachusetts-based company said the green light from the Illinois Department of Financial & Professional Regulation for the acquisition allows MariMed to fully consolidate the financial results of the company’s Thrive-branded dispensary in Casey, Illinois. The dispensary had previously operated under a managed services agreement.
The move came shortly after MariMed acquired the operating assets of Our Community Wellness & Compassionate Care Center in Prince George’s County in Maryland.
Jon Levine, MariMed’s CEO, a speaker at the Benzinga Cannabis Capital Conference on April 16-17 said “Maximizing our footprint there [in Maryland] has long been one of our top strategic priorities.”
Meanwhile, located at 912 N. State Highway 49 in …