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Posted 17 April, 2023

MARIMED INC. appointed new CEO

CEO Change detected for ticker OTC:MRMD in a 8-K filed on 17 April, 2023.


  Effective April 17, 2023, Kathleen Tucker was appointed to the Board of Directors (the "Board") of MariMed Inc. (the "Company"). Ms. Tucker's appointment fills the vacancy on the Board that resulted from the passing of Mr. Robert Fireman, the Company's former Chairman and Chief Executive Officer, in December 2022.  

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Overview of MARIMED INC.
Agriculture • Farming
MariMed, Inc. engages in direct owning of cannabis licenses and management of seed-to-sale operations. It focuses on the development, operation, management, and optimization of facilities for the cultivation, production, and dispensing of medicinal and recreational cannabis and cannabis-infused products. The company was founded by Robert N. Fireman and Jon Levine on January 25, 2011 and is headquartered in Norwood, MA.
Market Cap
$99.0M
View Company Details
MARIMED INC. by TradingView
Relevant filing section
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.


Effective April 17, 2023, Kathleen Tucker was appointed to the Board of Directors (the "Board") of MariMed Inc. (the "Company"). Ms. Tucker's appointment fills the vacancy on the Board that resulted from the passing of Mr. Robert Fireman, the Company's former Chairman and Chief Executive Officer, in December 2022. The appointment of Ms. Tucker to Board committees is expected to occur at the board meeting immediately following the Company's next annual meeting of stockholders. Ms. Tucker has not had any direct or indirect interest in any transactions with the Company that requires disclosure under Item 404(a) of Regulation S-K.


There is no existing family relationship between Ms. Tucker and any director or executive officer of the Company.


BIOGRAPHICAL INFORMATION REGARDING THE INCOMING DIRECTOR


The principal occupation and brief summary of Ms. Tucker's background is as follows:


Kathleen Tucker, age 63, joined the Company's Board as of April 17, 2023. Ms. Tucker has more than 25 years of senior executive experience in consumer marketing, product development, operations, finance, and technology with both iconic U.S. brands and cannabis companies. Since 2016, she has served as the Chief Executive Officer and founder of Presence Enterprises, LLC, a distributor of CBD-infused health and wellness supplements and products. From 2015 to 2016, she was the Chief Operating Officer of one of the Company's operating subsidiaries, and for the two years prior, she served as the Chief Operating Officer and co-founder of 3C Compassionate Care Center, a medical cannabis dispensary. Earlier in her career, Ms. Tucker gained valuable experience as Vice President and Head of Engineering at worldwide floral company FTD, Inc. and as Senior Vice President, Global Application Development at VISA, Inc. Ms. Tucker received an M.B.A. and B.S. degree in Operations and Computer Science from Northern Illinois University.