By Emilie Ruscoe (January 5, 2022, 5:12 PM EST) — Multistate hashish firm MariMed Inc. can pay $20 million to accumulate Maryland pot firm Form Therapeutics USA LLC in a deal that, if finalized, would resolve a authorized tussle between the businesses, MariMed introduced Wednesday.
MariMed characterised the deal as representing the “profitable implementation of its strategic development plan to consolidate the a number of state hashish companies it organically developed and manages.” Based on MariMed, Form is presently the tenant of MariMed subsidiary Mari Holdings MD LLC. The subsidiary can be presently constructing a dispensary for Form, the businesses stated.
MariMed CEO Bob Fireman stated Wednesday that the deal in Maryland, a…
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