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Sunday, March 26, 2023

Marijuana MSO MariMed appoints Chief Executive Officer and Chairman of the Board

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Multi-state marijuana operator based in Massachusetts MariMed appointed John Levine as Permanent Chief Executive Officer and Edward Gildea as Chairman of the Board.

Levin was He was installed as interim CEO In December following the death of the CEO and longtime industry veteran Robert Fireman.

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According to a press release, Gildia has been a freelance director since 2013.

“John’s deep experience in the industry, his unwavering and proven leadership of the company, and his clear vision for its future are unparalleled and will serve Mary-Made shareholders very well,” Gildea said in a statement.

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“The Board looks forward to providing John with the support he needs to lead the continued implementation of the company’s strategic plan.”

MariMed recently closed a Guaranteed credit facilities of $35 million To complete expansion projects in multiple states and pay off notes from the previous acquisition.

Read the full article at Marijuana Business Daily

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