Navy Capital Makes $14+ Million Investment in MariMed

“MariMed, Inc. (OTCQB: MRMD), a multi-state cannabis operator which develops, owns and manages cannabis facilities and branded products lines, announced today that Navy Capital Green Fund, LP (“Navy Capital”), made a $14.725 million investment in MariMed in November 2018 (some of which was reported in MariMed’s last 8K SEC filing). Navy Capital is the first US-based Long/Short Equity Hedge Fund dedicated solely to the legal cannabis industry.” – Globe News Wire

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