Jon Levine appointed Interim Chief Executive Officer by MariMed

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MariMed Inc.

NORWOOD, Mass., Dec. 14, 2022 (GLOBE NEWSWIRE) — MariMed, Inc. (“MariMed” or the “Company”) (CSE: MRMD) (OTCQX: MRMD), a leading multi-state cannabis operator focused on improving lives every day, today announced its Board of Directors (the “Board”) appointed Jon Levine, MariMed’s President, as Interim Chief Executive Officer.

“With a heavy heart on the news of Robert Fireman’s passing, appointing Jon Levine as Interim Chief Executive Officer was an easy decision,” said Edward Gildea, one of MariMed’s independent directors. “As President, Jon has managed the day-to-day facets of MariMed’s operations, and as co-founder of MariMed, has the experience and knowledge of the Company’s innerworkings and growth strategy that are crucial at this juncture.”

The Board will begin a process to find a permanent Chief executive Officer for MariMed. This could include both internal and external candidates. The Company will publish an update about the process once it is complete. There was no time frame for the entire process.

MARIMED

MariMed Inc. is a multi-state cannabis operator. Its mission is to improve lives through high-quality products and actions. The Company manages state-licensed, seed to sale cannabis facilities. They are considered leaders in horticultural principles, cannabis cultivation and cannabis-infused products. MariMed’s experienced management team has resulted in consistent growth and success for both the Company and its managed business units. Proprietary formulations created by the Company’s technicians are embedded in its top-selling and award-winning products and brands, including Betty’s Eddies, Nature’s Heritage, Bubby’s Baked, K Fusion, Kalm FusionAnd Vibrations: High + Energy. Visit this site for more information. www.marimedinc.com.

Contact:

Investor Relations
Steve West, Vice President Investor Relations
Email: [email protected]
Phone: (781) 277-0007

Contact Media
Howard Schacter is Chief Communications Officer
Email: [email protected]
Phone: (781) 277-0007

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