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MariMed closes $11 million acquisition of Delaware marijuana company

Summary by Marijuana Business Daily
Massachusetts-based marijuana multistate operator MariMed has closed on its $11 million acquisition of First State Compassion Center in Delaware. The deal, originally inked in July 2023, includes two medical cannabis dispensaries as well as cultivation and processing facilities, according to a Monday news release. ADVERTISEMENT The omnibus agreement between the two companies, according to regulatory filings and marketing materials, was predicated
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Marijuana Business DailyMarijuana Business Daily

MariMed closes $11 million acquisition of Delaware marijuana company

Massachusetts-based marijuana multistate operator MariMed has closed on its $11 million acquisition of First State Compassion Center in Delaware. The deal, originally inked in July 2023, includes two medical cannabis dispensaries as well as cultivation and processing facilities, according to a Monday news release. ADVERTISEMENT The omnibus agreement between the two companies, according to regulatory filings and marketing materials, was predicated

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Green Market ReportGreen Market Report

MariMed completes acquisition of First State Compassion Center in Delaware

MariMed (CSE: MRMD) (OTCQX: MRMD) completed its acquisition of First State Compassion Center, finalizing a move that transforms the company’s longstanding management relationship into full ownership, the company announced late Monday afternoon. The deal brings FSCC’s cultivation and processing facilities and two dispensaries under MariMed’s control. “We are thrilled to welcome FSCC... Please login to read all 316 words.

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Delaware Business NowDelaware Business Now

Cannabis operator completes acquisition of First State Compassion Center

MariMed Inc., a multi-state cannabis operator, completed its acquisition of First State Compassion Center, a pioneer cannabis operator in Delaware, in accordance with the terms of an entered into with FSCC in July 2023.

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Delaware Business Now broke the news in on Monday, March 3, 2025.
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