MariMed (MRMD) announced the launch of a hemp-derived THC version of its Vibations hydrating drink mix brand in Rhode Island. The launch represents an opportunity for the Company to expand Vibations into the growing hemp THC beverage category. MariMed believes hemp-derived THC beverages provide a scalable pathway to incremental revenue and accretive gross margin, while maintaining disciplined capital deployment.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MRMD:
- Marimed commends Trump Administration for reclassifying cannabis to Schedule III