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Press release content from Globe Newswire. The AP news staff was not involved in its creation.
PRESS RELEASE: Paid content from Globe Newswire
Press release content from Globe Newswire. The AP news staff was not involved in its creation.

MariMed Launches Natures’ Heritage™ Solventless “Live Rosin” in Massachusetts

October 5, 2020 GMT

NORWOOD, Mass., Oct. 05, 2020 (GLOBE NEWSWIRE) -- MariMed Inc. (MRMD:OTCQX) (the “Company” or “MariMed”), a leading multi-state cannabis and hemp operator focused on health and wellness, today launched a new line of solventless concentrates under its Nature’s Heritage brand. Live rosin is a highly concentrated solvent-free cannabis hash oil where terpenes and cannabinoids are largely preserved from the natural plant. These Nature’s Heritage concentrates will be available in rotating varieties of sativa, indica, and hybrid strains.

“Our live rosin concentrates will provide the best option for the most discerning cannabis consumers and patients in Massachusetts,” said Ryan Crandall, Chief Product Officer and SVP sales at MariMed. “We made a strategic decision to produce this ultra-premium product based upon strong demand for solventless, flavorful, pure, and potent cannabis concentrates from a growing group of consumers. Adding live rosin and other advanced concentrates to our product portfolio will significantly expand our market share and revenue going forward.”

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Sebastian Pollack, Product Engineer at MariMed, added, “The process of creating live rosin cannot be rushed. Our proprietary process starts with the very best Nature’s Heritage flower and requires a dedicated focus to produce a truly exceptional product. We are confident that this is the highest-quality live rosin consumers can find in Massachusetts today.”

Nature’s Heritage has already established itself as one of the top-selling and most sought-after flower brands in Massachusetts and Maryland. The Company is now building on this success with the launch of live rosin and additional products, including other concentrates, a variety of RSO products, vaporizers, and pre-rolls, coming to market over the next several months, all within the Nature’s Heritage brand.

For information on additional availability, please visit Nature’s Heritage at
https://naturesheritagecannabis.com

About MariMed:

MariMed Inc., a multi-state cannabis operator, is dedicated to improving the health and wellness of people through the use of cannabinoids and cannabis products. The Company develops, owns, and manages seed to sale state-licensed cannabis facilities, which are models of excellence in horticultural principles, cannabis cultivation, cannabis-infused products, and dispensary operations. MariMed has an experienced management team that has produced consistent growth and success for the Company and its managed business units.

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The Company is at the forefront of science and innovation through research developed by its lab technicians and medical advisors resulting in industry-leading products and brands, including “Betty’s Eddies™”, Nature’s Heritage™”, Bourne Baking Co.”, and “Kalm Fusion™”. These precision dosed products are focused on specific symptoms and conditions and are licensed and distributed across the country.

For additional information, visit marimedinc.com.

Important Caution Regarding Forward-Looking Statements:

This release contains certain forward-looking statements and information relating to MariMed Inc. that is based on the beliefs of MariMed Inc.’s management, as well as assumptions made by and information currently available to the Company. Such statements reflect the current views of the Company with respect to future events, including estimates and projections about its business based on certain assumptions of its management, including those described in this Release. These statements are not guarantees of future performance and involve risk and uncertainties that are difficult to predict, including, among other factors, changes in demand for the Company’s services and products, changes in the law and its enforcement and changes in the economic environment. Additional risk factors are included in the Company’s public filings with the SEC. Should one or more of these underlying assumptions prove incorrect, actual results may vary materially from those described herein as “hoped,” “anticipated,” “believed,” “planned, “estimated,” “preparing,” “potential,” “expected,” “looks” or words of a similar nature. The Company does not intend to update these forward-looking statements. None of the content of any of the websites referred to herein (even if a link is provided for your convenience) is incorporated into this release and the Company assumes no responsibility for any of such content.

All trademarks and service marks are the property of their respective owners.

Company Contact
Jon Levine, CFO
MariMed Inc.
Tel (781) 559-8713

Media Contact
Abigail Diehl
MariMed Inc.
adiehl@marimedinc.com

Annie Graf
KCSA Strategic Communications
agraf@kcsa.com

Investors
KCSA Strategic Communications
Scott Eckstein / Elizabeth Barker
MRMD@kcsa.com