MariMed Inc. (OTC:MRMD) Q3 2022 Earnings Call Transcript

Tim Shaw: Eric, Tim Shaw here. Thanks for the question. This hodgepodge industry, it is market by market that we are working with our strong sales team. It’s about relationships. Working with the wholesale buyers at each dispensary in the wholesale world is very important. And as they are our frontline sales people, right, working with the consumers. So we work really hard to keep our brands in the highest regard to all these folks and take care of all the things in the back end and giving them the easy button making sure that we are efficient in delivery and efficient in the highest quality and just continue to provide the best service possible. And that’s helped us stay a couple notches above the rest of the market, paying attention to the details.

Eric Des Lauriers: Yes, certainly appears that way. Last question from me here. Can you just kind of talk to the potential for brand licensing opportunities. I know you guys have done that a bit more in the past. Is that something that you would sort of entertain going forward? Or is that a sort of strategic priority for you guys or would you just look to sort of own and build out all your operations versus going the brand licensing route? Just wondering how you’re thinking about those two different pathways? Thanks.

Jon Levine: Good morning, Eric. Thank you for the questions and joining the call this morning. This is Jon Levine. Yes, as I’ve stated earlier, we are looking for opportunities to expand our brands into other states as we’ve done in both Michigan and in Missouri. Expanding is the license products is something that we’re paying attention to, but right now we’re looking to find opportunities to get licenses in as many states for doing, sorry, for doing the processing through the MIP and that we can expand. We’ll always look at opportunities for licensing, but it’s a better opportunity if we can own the license and move forward.

Eric Des Lauriers: Thanks.

Operator: Ladies and gentlemen, this concludes your conference call for today. We do thank you for participating and ask that you please disconnect your lines. Have a great day.