MariMed Acquires Betty’s Eddies to Expand Precision Dosed Cannabis Product Lines

NEWTON, Mass., Nov. 16, 2017 (GLOBE NEWSWIRE) — MariMed Inc., (OTCQB:MRMD) today announced it has acquired the rights to the intellectual property (IP), formulations, recipes, proprietary equipment, and know how of Betty’s Eddies from Icky Enterprises LLC.  Betty’s Eddies is a line of fruit chews handcrafted and naturally sweetened with the finest all natural ingredients and non-GMO organic fruits and vegetables.  MariMed has had great customer response to Betty’s Eddies in select markets and felt it best to acquire the rights at this time in exchange for cash, royalties and MariMed stock.  The acquisition enables MariMed to further expand its innovative, industry-leading Kalm Fusion™ precision dosed medical cannabis-infused product line.

... read more at: http://www.nasdaq.com/press-release/marimed-acquires-bettys-eddies-to-expand-precision-dosed-cannabis-product-lines-20171116-00602

by