The Chicago Entrepreneur

MariMed searches for new CEO after death of Robert Fireman

Cannabis company MariMed Inc. [S: MRMD] said Monday its chairman, CEO and co-founder Robert Fireman died unexpectedly on Sunday. No further details were provided. The Norwood, Mass.-based company said it will provide further information on succession once the board has had an opportunity to determine the best path forward. “Bob Fireman worked tirelessly and passionately until his last day as chairman and CEO of MariMed to fulfill our mission of improving people’s lives, much as he did as a philanthropist who cared so deeply about the people and community around him,” said Jon Levine, MariMed president. Shares of MariMed are down about 46% in 2022, compared to a 60.1% loss by the AdvisorShares Pure US Cannabis ETF .

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