Marimed announces opening of second Maryland dispensary

MariMed announced the opening of Thrive Wellness in Upper Marlboro, Maryland on Monday, August 19th, 2024. This new location is MariMed’s second adult-use dispensary in Maryland, situated at 9520 Marlboro Pike in Prince George’s County, Upper Marlboro. “We are excited to expand our presence in Maryland with the launch of our second dispensary in the state,” said Jon Levine, Chief Executive Officer of MariMed. “Maryland represents a vibrant, high-growth market for adult-use cannabis. Expanding our dispensary footprint to the state’s maximum allowable of four locations has been a key strategic goal for us, and this opening brings us closer to achieving that. Although this dispensary wasn’t part of our 2024 financial plan, we’re enthusiastic about the potential it offers to further accelerate our revenue growth.”