MariMed Inc (OTCMKTS:MRMD) Stock Gains After a New Appointment

Anyone who may be looking into cannabis companies at this point may consider taking a closer look into MariMed Inc (OTCMKTS:MRMD), the cannabis company which operates across multiple states.

Trading Data

On Monday, MRMD stock jumped 2.63% to $0.3900 with more than 93.14K shares, compared to its average volume of 228.67K shares. The stock moved within a range of $0.3675 – 0.3900 after opening trade at $0.3675.

MariMed Expands Board With the Addition of Kathleen Tucker

The company was in the news cycle yesterday after it announced that it had appointed a new director to its board of directors in the form of Kathleen Tucker. Such an appointment can always prove to be a crucial one and hence it could be a good idea for investors to consider taking a closer look  at Tucker’s credentials as an executive.

First and foremost, Tucker is a highly experienced executive whose experience in various industries spans a period of a quarter of a century. She has worked in operations, finance, consumer marketing, technology and product development for many iconic brands in the United States and also for cannabis companies. Since the year 2016, she has been the Chief Executive Officer of Presence Enterprises LLC. She had founded the company as well.

As it happens, for a year between 2015 and 2016, she had also served as the Chief Operating Officer of one of MariMed’s subsidiary units. Hence, it could be said that she could be aware of the company’s aims and objectives.