Marimed enter services, licensing agreement with Tilt Holdings

MariMed (MRMD) announced a strategic agreement with TILT Holdings (TLLTF) that will expand the distribution of the Company’s portfolio of medical marijuana products to Pennsylvania. On July 30, 2025, Standard Farms, a wholly owned subsidiary of TILT, entered into a Management Services Agreement with MariMed Advisors. Under the terms of the MSA, effective September 1, 2025, MariMed will assume the day-to-day management of TILT’s Standard Farms cultivation and processing facility in White Haven, Pennsylvania. Standard Farms will remain the sole permit holder. As Manager, MariMed will provide comprehensive management services to Standard Farms, including oversight of budgeting, financial planning, and compliance with applicable laws, and will maintain quality management programs. The Manager will also be responsible for advising on accounting, managing business bank accounts, and ensuring compliance with tax and licensing requirements. In addition, Standard Farms intends to produce and distribute MariMed’s award-winning brands in Pennsylvania, the fifth most populous state in the country, pursuant to a licensing arrangement with MariMed. Pursuant to the MSA, which has an initial term of four years, MariMed will receive a management fee of 12.5% of Standard Farm’s gross revenue.