MariMed Inc with COO Tim Shaw

MariMed Inc with COO Tim Shaw today on Blunt Business with Jorge Hermida only on Cannabis Radio. Our next guest represents one of the largest multi-state cannabis and hemp operators in the US. Across its branded products, this company is at the forefront of precision-dosed branded products for the treatment of specific medical symptoms. They currently distribute its branded products in select states and are expanding licensing and distribution to numerous additional markets encompassing thousands of dispensaries. MariMed is reportedly considering markets like Pennsylvania, New Jersey, and New York, and you have been in discussions in Ohio and Michigan. Given the momentum that legalization is getting, talk to me about the importance of having enough markets running and influx in preparation for federal legalization.


Marketwatch recently reported: While Congress is expected to lift the federal prohibition on cannabis someday, Capitol Hill remains too occupied with other matters in the current fall session to take up the issue, marijuana business watchers said this week. Questions around catalysts for the cannabis sector from Washington, D.C., have been frequent in recent conversations with investors, but with other items such as infrastructure, healthcare, and potential tax hike under debate, it’s unlikely lawmakers will act on any federal measures in the near future. We talk about the SAFE Banking Act, which has drawn bipartisan support and passed the House of Representatives in April but has yet to move forward in the Senate. Meanwhile, the business continues to scale up on the statewide level in New York, New Jersey, Illinois, Michigan, and other states that have legalized cannabis for medical or recreational use or both.