MariMed Inc. (MRMD)

OTCMKTS: MRMD · Delayed Price · USD
0.410
0.00 (0.00%)
Jun 2, 2023, 3:58 PM EDT - Market closed
Market Cap 148.50M
Revenue (ttm) 137.11M
Net Income (ttm) 8.62M
Shares Out 339.35M
EPS (ttm) 0.02
PE Ratio 17.90
Forward PE 23.31
Dividend n/a
Ex-Dividend Date n/a
Volume 157,089
Open 0.412
Previous Close 0.410
Day's Range 0.400 - 0.438
52-Week Range 0.280 - 0.770
Beta 3.02
Analysts Strong Buy
Price Target 0.85 (+107.32%)
Earnings Date May 8, 2023

About MRMD

MariMed Inc. engages in cultivation, production, and dispensing of medicinal and recreational cannabis in the United States and internationally. The company offers cannabis genetics produce flowers and concentrates under the Nature's Heritage brand; cannabis-infused products in the form of chewable tablets and powder drink mixes under the brand Kalm Fusion; natural fruit chews under the Betty's Eddies brand; brownies, cookies, and other social sweets under the Bubby's Baked brand; and cannabidiol formulations under the Florance brand. It also l... [Read more]

Sector Healthcare
CEO Jon R. Levine
Employees 592
Stock Exchange OTCMKTS
Ticker Symbol MRMD
Full Company Profile

Financial Performance

In 2022, MariMed's revenue was $134.01 million, an increase of 10.33% compared to the previous year's $121.46 million. Earnings were $13.47 million, an increase of 86.42%.

Financial Statements

Analyst Forecast

According to one analyst, the rating for MRMD stock is "Strong Buy" and the 12-month stock price forecast is $0.85.

Price Target
$0.85
(107.32% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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MariMed Reports First Quarter 2023 Earnings

NORWOOD, Mass., May 08, 2023 (GLOBE NEWSWIRE) -- MariMed Inc. (“MariMed” or the “Company”) (CSE: MRMD) (OTCQX: MRMD), a leading multi-state cannabis operator focused on improving lives every day, toda...

3 weeks ago - GlobeNewsWire

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1 month ago - MarijuanaStocks
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MariMed Announces Opening of Panacea Wellness Dispensary in Beverly, Massachusetts

NORWOOD, Mass., April 25, 2023 (GLOBE NEWSWIRE) -- MariMed Inc. (“MariMed” or the “Company”) (CSE: MRMD) (OTCQX: MRMD), a leading multi-state cannabis operator focused on improving lives every day, to...

1 month ago - GlobeNewsWire

MariMed Expands Board With the Addition of Kathleen Tucker

NORWOOD, Mass., April 17, 2023 (GLOBE NEWSWIRE) -- MariMed Inc. (CSE: MRMD), (OTCQX: MRMD) (“MariMed” or the “Company”), a leading multi-state cannabis operator (“MSO”), today announced that Kathleen ...

1 month ago - GlobeNewsWire

MariMed Announces First Quarter 2023 Earnings Date

NORWOOD, Mass., April 11, 2023 (GLOBE NEWSWIRE) -- MariMed Inc. (“MariMed” or the “Company”), (CSE: MRMD), (OTCQX: MRMD), a leading multi-state cannabis operator focused on improving lives every day, ...

1 month ago - GlobeNewsWire

MariMed Receives Approval to Once Again Produce and Sell High-Dosage Edibles in Maryland

NORWOOD, Mass., April 04, 2023 (GLOBE NEWSWIRE) -- MariMed Inc. (CSE: MRMD), (OTCQX: MRMD) (“MariMed” or the “Company”), a leading multi-state cannabis operator, today announced that its wholly owned ...

2 months ago - GlobeNewsWire

MariMed to Participate in Upcoming Investor Conferences

NORWOOD, Mass., April 03, 2023 (GLOBE NEWSWIRE) -- MariMed Inc. (“MariMed” or the “Company”), (CSE: MRMD), (OTCQX: MRMD), a leading multi-state cannabis operator focused on improving lives every day, ...

2 months ago - GlobeNewsWire
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MariMed Announces Close on Acquisition of Ermont, Inc. Operating Assets

NORWOOD, Mass., March 13, 2023 (GLOBE NEWSWIRE) -- MariMed, Inc. (“MariMed” or the “Company”) (CSE: MRMD) (OTCQX: MRMD), a leading multi-state cannabis operator, and Ermont Inc. (“Ermont”) a verticall...

2 months ago - GlobeNewsWire

MariMed Reports Fourth Quarter and Full Year 2022 Financial Results

NORWOOD, Mass., March 01, 2023 (GLOBE NEWSWIRE) -- MariMed Inc. (“MariMed” or the “Company”) (CSE: MRMD) (OTCQX: MRMD), a leading multi-state cannabis operator focused on improving lives every day, to...

3 months ago - GlobeNewsWire

MariMed Board of Directors Appoints Edward Gildea as Chairman and Jon Levine as Chief Executive Officer

NORWOOD, Mass., Feb. 28, 2023 (GLOBE NEWSWIRE) -- MariMed, Inc. (CSE: MRMD), (OTCQX: MRMD) (“MariMed” or the “Company”), a leading multi-state cannabis operator (“MSO”), today announced its Board of D...

3 months ago - GlobeNewsWire

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3 months ago - MarijuanaStocks

MariMed To Expand Footprint in Massachusetts With Dispensary Acquisition in Quincy

NORWOOD, Mass., Feb. 21, 2023 (GLOBE NEWSWIRE) -- MariMed, Inc. (“MariMed” or the “Company”) (CSE: MRMD) (OTCQX: MRMD), a leading multi-state cannabis operator focused on improving lives every day, to...

3 months ago - GlobeNewsWire
}

MariMed Announces Fourth Quarter 2022 Earnings Date

NORWOOD, Mass., Feb. 01, 2023 (GLOBE NEWSWIRE) -- MariMed Inc. (“MariMed” or the “Company”), (CSE: MRMD), (OTCQX: MRMD), a leading multi-state cannabis operator focused on improving lives every day, t...

4 months ago - GlobeNewsWire

Top Marijuana Stocks In The Market Today

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4 months ago - MarijuanaStocks

MariMed Closes $35 Million Credit Facility to Accelerate its Strategic Growth Plans

NORWOOD, Mass., Jan. 24, 2023 (GLOBE NEWSWIRE) -- MariMed, Inc. (“MariMed” or the “Company”) (CSE: MRMD) (OTCQX: MRMD), a leading multi-state cannabis operator, announced that today it closed a $35 mi...

4 months ago - GlobeNewsWire

MariMed Strengthens Sales, Marketing, and R&D Teams With Senior Executive Hires

Matt Truppo to Join as Vice President of Retail Sales Jay O'Malley to Join as Vice President of Marketing and Research & Development

4 months ago - GlobeNewsWire

3 Marijuana Stocks To Buy Today 2023?

3 Top Marijuana Stocks That Are Building Momentum The post 3 Marijuana Stocks To Buy Today 2023? appeared first on Marijuana Stocks | Cannabis Investments and News. Roots of a Budding Industry.™.

5 months ago - MarijuanaStocks

MariMed Appoints Jon Levine as Interim Chief Executive Officer

NORWOOD, Mass., Dec. 14, 2022 (GLOBE NEWSWIRE) -- MariMed, Inc. (“MariMed” or the “Company”) (CSE: MRMD) (OTCQX: MRMD), a leading multi-state cannabis operator focused on improving lives every day, to...

6 months ago - GlobeNewsWire

MariMed searches for new CEO after death of Robert Fireman

Cannabis company MariMed Inc. [S: MRMD] MRMD, -8.33% said Monday its chairman, CEO and co-founder Robert Fireman died unexpectedly on Sunday. No further details were provided.

6 months ago - Market Watch

MariMed Mourns the Passing of Robert Fireman, Chairman, CEO And Cannabis Industry Pioneer and Visionary

NORWOOD, Mass., Dec. 12, 2022 (GLOBE NEWSWIRE) -- MariMed, Inc. (“MariMed” or the “Company”) (CSE: MRMD) (OTCQX: MRMD), a leading multi-state cannabis operator focused on improving lives every day, to...

6 months ago - GlobeNewsWire

Will Federal Reform Help Marijuana Stocks In 2023?

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6 months ago - MarijuanaStocks

MariMed Announces Participation In Upcoming Conferences

NORWOOD, Mass., Nov. 21, 2022 (GLOBE NEWSWIRE) -- MariMed, Inc. (“MariMed” or the “Company”) (CSE: MRMD) (OTCQX: MRMD), a leading multi-state cannabis operator focused on improving lives every day, to...

6 months ago - GlobeNewsWire