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CORRECTION -- MariMed Expands Access to Top-Selling Betty’s Eddies Brand in Maine
Globenewswire· 2025-07-14 12:37
Core Insights - MariMed Inc. has entered a licensing agreement with The Stoned Moose, a cannabis operator in Maine, to expand the distribution of its Betty's Eddies™ full-spectrum fruit chews in the $455 million Maine cannabis market [1][2] - The new agreement allows for the distribution of Betty's Eddies to both adult-use and medical cannabis consumers, with medical cannabis sales accounting for over 50% of Maine's cannabis revenues in 2024 [2] - The CEO of MariMed expressed optimism about the brand's potential in Maine, citing its market leadership in Massachusetts, Maryland, and Delaware, and emphasizing the company's "Expand the Brand" strategy [3] Company Overview - MariMed Inc. is recognized as a leading multi-state cannabis operator, specializing in the development and management of cultivation, production, and retail facilities [4] - The company boasts a portfolio of award-winning cannabis brands, including Betty's Eddies™, Bubby's Baked™, Vibations™, InHouse™, and Nature's Heritage™, which are well-regarded by consumers nationwide [4]
CORRECTION -- MariMed Expands Access to Top-Selling Betty's Eddies Brand in Maine
GlobeNewswire News Room· 2025-07-14 12:37
Core Insights - MariMed Inc. has entered into a licensing agreement with The Stoned Moose, a cannabis operator in Maine, to expand the distribution of its Betty's Eddies™ full-spectrum fruit chews in the state's $455 million cannabis market [1][2][3] - The new agreement allows for the distribution of Betty's Eddies to both adult-use and medical cannabis consumers, tapping into a market where medical cannabis sales accounted for over 50% of Maine's cannabis revenues in 2024 [2][3] - The CEO of MariMed expressed optimism about the brand's potential in Maine, citing its market leadership in Massachusetts, Maryland, and Delaware, and positioning this move as part of the company's "Expand the Brand" strategy [3] Company Overview - MariMed Inc. is recognized as a leading multi-state cannabis operator, specializing in the development and management of cultivation, production, and retail facilities [4] - The company boasts a portfolio of award-winning cannabis brands, including Betty's Eddies™, Bubby's Baked™, Vibations™, InHouse™, and Nature's Heritage™, which are well-regarded by consumers across the country [4]
MariMed Expands Access to Top-Selling Betty’s Eddies Brand in Maine
Globenewswire· 2025-07-14 11:30
NORWOOD, Mass., July 14, 2025 (GLOBE NEWSWIRE) -- MariMed Inc. (“MariMed,” “the Company”) (CSE: MRMD) (OTCQX: MRMD) today announced a licensing agreement with The Stoned Moose, LLC (“The Stoned Moose”), a vertically integrated cannabis operator in Maine. This partnership will significantly expand the distribution of the Company’s top-selling Betty’s Eddies™ full-spectrum fruit chews in the $455 million Maine cannabis marketplace. Terms of the deal were not disclosed. Betty’s Eddies has been available exclus ...