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MariMed Announces CFO Resignation and Prepares for Q3 Earnings Report

Nov 10, 2023

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Key Takeaways

  • Susan M. Villare steps down as CFO of MariMed Inc.; Jon Levine takes over as interim CFO.
  • MariMed to report Q3 2023 financial results on November 8, 2023.
  • Betty's Eddies introduces a limited-edition apple pie-flavored cannabis chew for the fall season.

Earnings Announcement Set

According to a MariMed website release, the company also shared that it will disclose its third-quarter financial results after market close on November 8, 2023.

Investor Resources

Interested parties can access the earnings call webcast on MariMed’s Investor Relations website, with a recorded playback available afterward.

Seasonal Product Launch

Betty's Eddies, part of MariMed's brand portfolio, has introduced Sweater Weather Betty’s, a limited-edition THC and CBG-infused apple pie chew, perfect for the fall season.

According to Yahoo! Finance release, these chews are available in select cannabis retailers across Massachusetts, Maryland, and Delaware.

What We Think

MariMed's management change is pivotal as the company gears up to report its earnings.

The launch of the new Betty's Eddies product aligns with seasonal trends and could be a strategic move to capture market attention during the cozy fall season.

The dual announcements reflect MariMed's dynamic business operations and responsiveness to internal management shifts and market opportunities.