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.
Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
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