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Benzinga
Benzinga
Business
Jelena Martinovic

EXPLAINED: Marimed reports strong q1 provides 2022 financial guidance - The Real Truth

MariMed, Inc. (OTCQX:MRMD), a leading multi-state cannabis operator focused on improving lives every day, today announced its financial results for the first quarter ended March 31, 2022.

“I am very pleased with our solid financial results this past quarter despite a slowdown in our industry coupled with rising inflation in the U.S.,” Bob Fireman, the company’s CEO, said. “We are executing on our strategic growth plan, as evidenced by the recent closings of both our Maryland and Illinois acquisitions. We will continue delivering on our promises to our shareholders, including maintaining our standing as one of the best stewards of capital in our industry.”

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