MariMed, Inc. (OTCQX: MRMD) (CSE:MRMD) and Ermont Inc. announced the close of MariMed’s transaction to acquire the operating assets of Ermont.
The acquisition marks the second medical dispensary for MariMed in Massachusetts, substantially completing the company’s buildout to the maximum allowable by state regulations. The transaction closed on March 9, 2023, and the dispensary began operations under the Panacea Wellness brand name the following day. The dispensary now features an expanded selection of the best cannabis products produced in the state, including those in MariMed’s brand portfolio: Nature’s Heritage flower and concentrates; Betty’s Eddies fruit chews; Bubby’s Baked soft-baked goods; Vibations: High + Energy drink mixes; and the full suite of its InHouse branded products.
MariMed’s acquisition includes …