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MariMed Inc. (MRMD)

Stock Price: $0.8000 USD 0.0710 (9.74%)
Updated Jan 15, 2021 3:59 PM EST - Market closed
Market Cap 312.35M
Revenue (ttm) 35.73M
Net Income (ttm) -80.42M
Shares Out 281.54M
EPS (ttm) -0.34
PE Ratio n/a
Forward PE n/a
Dividend n/a
Dividend Yield n/a
Trading Day January 15
Last Price $0.8000
Previous Close $0.7290
Change ($) 0.0710
Change (%) 9.74%
Day's Open 0.8999
Day's Range 0.7900 - 0.9000
Day's Volume 3,298,164
52-Week Range 0.1 - 0.84

News

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InvestorPlace - 1 day ago

While cannabis legalization may not be a slam-dunk, that hasn't stopped investors from sending marijuana penny stocks to higher highs. The post 4 Marijuana Penny Stocks Winning Under Democrati...

Other stocks mentioned: ALEAF, CVSI, HRVSF
Seeking Alpha - 1 week ago

MariMed prints positive net earnings and is set to continue this trend; With #1 selling edibles products, MariMed could grow revenues beyond projections as more dispensaries take on new products.

PRNewsWire - 1 week ago

NORWOOD, Mass., Jan. 4, 2021 /PRNewswire/ -- MariMed Inc. (MRMD:OTCQX) (the "Company" or "MariMed"), a leading multi-state cannabis operator based in Massachusetts, is pleased to announce that...

Seeking Alpha - 1 month ago

Financial leverage measures the degree to which a company uses debt to fund its operations. Leverage can magnify gains as well as losses.

Other stocks mentioned: ACRGF, AYRWF, CURLF, FFNTF, GRWG, IIPR, LHSIF, MMNFF, VREOF
GlobeNewsWire - 1 month ago

NORWOOD, Mass., Dec. 08, 2020 (GLOBE NEWSWIRE) -- International cannabis pioneer Tikun Olam's award-winning heirloom cannabis products will be available for purchase in Massachusetts this week...

About MRMD

MariMed provides consulting services for the design, development, operation, management, and optimization of medical cannabis cultivation, production, and dispensary facilities. It also develops and manages facilities for the cultivation, production, and dispensing of medicinal and recreational cannabis, and cannabis-infused products under the Kalm Fusion, Betty's Eddies, and Nature's Heritage brand name. In addition, the company offers regulatory, accounting, human resources, and administrative services. It has secured 13 cannabis licenses for... [Read more...]

Industry
Drug Manufacturers-Specialty & Generic
CEO
Robert N. Fireman
Employees
81
Stock Exchange
OTCMKTS
Ticker Symbol
MRMD
Full Company Profile

Financial Performance

In 2019, MariMed's revenue was $45.60 million, an increase of 284.79% compared to the previous year's $11.85 million. Losses were -$81.18 million, 496.8% more than in 2018.

Financial Statements