MariMed Inc. – OTC:MRMD

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$0.102

-0.01

-12.45%

Market closed

Open in 1 day

-31.18%

month

-31.18%

quarter

-59.70%

year

Market Cap	137.60M
Enterprise value	161.89M

P/E	10
EV/Sales	1.20
EV/EBITDA	6.28
Price/Sales	1.01
Price/Book	2.30
PEG ratio	0.1
EPS	-0.04

Revenue	152.15M
EBITDA	16.13M
Income	-16.68M
Revenue Q/Q	10.33%
Revenue Y/Y	10.97%

Profit margin	10.05%
Oper. margin	18.72%
Gross margin	47.73%
EBIT margin	18.72%
EBITDA margin	10.6%

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10 years history
Forward ratios (Analysts estimates)

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MariMed Inc. (OTC:MRMD): Profit margin
Jun 2023	36.51M	-958K	-2.62%
Sep 2023	38.8M	-4.25M	-10.98%
Dec 2023	38.89M	-10.16M	-26.14%
Mar 2024	37.93M	-1.29M	-3.42%

MariMed Financials Estimate

Q Y

MariMed Inc. (OTC:MRMD): Analyst Estimates
Sep 2025	55.2M	0
Oct 2025	58.7M	0
Dec 2025	59.7M	0
Mar 2026	59.3M	0

Analysts Price target
Financials & Ratios estimates

MariMed Inc. (OTC:MRMD): Payout ratio
Payout ratio	0%

MariMed Inc. (OTC:MRMD): Dividend Yield
2019	0.37%
2020	0.25%
2021	0.15%
2022	0.22%
2023	0.16%

MariMed Inc. (OTC:MRMD): Debt to assets
Jun 2023	189368000	108.46M	57.28%
Sep 2023	190817000	110.95M	58.15%
Dec 2023	196123000	126.20M	64.35%
Mar 2024	201332000	132.51M	65.82%

MariMed Inc. (OTC:MRMD): Cash Flow
Jun 2023	1.27M	-6.49M	-1.13M
Sep 2023	7.9M	-6.21M	-3.66M
Dec 2023	3.23M	-6.34M	4.5M
Mar 2024	3.21M	-4.26M	1.64M

MariMed alternative data

MariMed Inc. (OTC:MRMD): Employee count
Aug 2023	592
Sep 2023	592
Oct 2023	592
Nov 2023	592
Dec 2023	592
Jan 2024	592
Feb 2024	592
Mar 2024	643
Apr 2024	643
May 2024	643
Jun 2024	643
Jul 2024	643

MariMed
Hedge Funds Holdings Q1 2023

0.22% -0.01%

of MRMD is owned by hedge funds

3 -1

hedge funds hold MRMD stock

845.17K -50K

shares is hold by hedge funds

MRMD hedge funds holdings changes

MariMed Inc. (OTC:MRMD): Insider trades (number of shares)
Period	Buy	Sel
Oct 2023	0	74862
Mar 2024	0	31877
Apr 2024	0	90236

Transaction	Date	Insider	Security	Shares	Price per share	Total value
Option	7 Nov 2024	LEVINE JON R director, officer..	Common stock	150,000	N/A	N/A
Option	7 Nov 2024	LEVINE JON R director, officer..	Restricted Stock Units (RSU)	150,000	N/A	N/A
Option	27 Oct 2024	SHAW TIMOTHY officer: Chief Operating Officer officer: Chief Operating Officer	Common stock	111,111	N/A	N/A
Option	27 Oct 2024	SHAW TIMOTHY officer: Chief Operating Officer officer: Chief Operating Officer	Restricted Stock Units (RSU)	111,111	N/A	N/A
Option	27 Oct 2024	LEVINE JON R director, officer..	Common stock	138,889	N/A	N/A
Option	27 Oct 2024	LEVINE JON R director, officer..	Restricted Stock Units (RSU)	138,889	N/A	N/A
Option	7 Sep 2024	SHAW TIMOTHY officer: Chief Operating Officer officer: Chief Operating Officer	Common stock	21,667	N/A	N/A
Option	7 Sep 2024	SHAW TIMOTHY officer: Chief Operating Officer officer: Chief Operating Officer	Restricted Stock Units (RSU)	21,667	N/A	N/A
Option	7 Sep 2024	LEVINE JON R director, officer..	Common stock	23,333	N/A	N/A
Option	7 Sep 2024	LEVINE JON R director, officer..	Restricted Stock Units (RSU)	23,333	N/A	N/A

MariMed
Earnings Call Transcripts

Quarter	Transcript
Q1 2024 9 May 2024	Q1 2024 Earnings Call Transcript
Q4 2023 7 Mar 2024	Q4 2023 Earnings Call Transcript
Q3 2023 9 Nov 2023	Q3 2023 Earnings Call Transcript
Q2 2023 3 Aug 2023	Q2 2023 Earnings Call Transcript

MRMD earnings call transcripts

MariMed
Executives

Insider	Age	Since	Compensation
Mr. Jon R. Levine (1965) Founder & Chief Financial Officer	60		$37,490
Mr. Robert N. Fireman (1949) Chairman, Pres & Chief Executive Officer	76		$31,490

MariMed
Latest News

Monday, 23 December 2024
10:47	MariMed Commences Wholesale Operations in Missouri	globenewswire.com
Wednesday, 4 December 2024
10:32	Is MariMed A Safe Haven In The Wake Of Florida's Cannabis Legalization Defeat?	benzinga.com
Thursday, 7 November 2024
12:06	MariMed Inc. (MRMD) Q3 2024 Earnings Call Transcript	seekingalpha.com
Wednesday, 6 November 2024
17:01	MariMed Reports Third Quarter 2024 Earnings	globenewswire.com
Thursday, 31 October 2024
07:30	InHouse by MariMed Launches Help on the Homefront, to Support Veterans Facing Housing Challenges	globenewswire.com
Wednesday, 30 October 2024
07:30	MariMed Commences Manufacturing Operations in Missouri	globenewswire.com
Thursday, 24 October 2024
23:51	Can MariMed's $7.7M Illinois Cannabis Expansion Turn The Tide In A $496M Market?	benzinga.com
Monday, 14 October 2024
07:30	MariMed Commences Cultivation Operations in Mt. Vernon, Illinois Grow Facility	globenewswire.com
Monday, 7 October 2024
07:30	MariMed Announces Third Quarter 2024 Earnings Date	globenewswire.com
Tuesday, 1 October 2024
08:17	MariMed's Nature's Heritage Gives Local Musicians a Chance to be Featured in New Interactive Vape Campaign	globenewswire.com
Monday, 30 September 2024
07:30	MariMed's Betty's Eddies Partners With Keep A Breast Foundation to Promote Breast Cancer Screening Education	globenewswire.com
Tuesday, 24 September 2024
07:30	MariMed Commences Adult-Use Sales at Thrive Wellness Dispensary in Tiffin, Ohio	globenewswire.com
Monday, 19 August 2024
07:30	MariMed Announces Opening of Second Maryland Dispensary	globenewswire.com
Friday, 16 August 2024
18:30	Verano, Green Thumb & MariMed's Strong Q2: Unpacking The Cannabis Earnings Surge	benzinga.com
Wednesday, 14 August 2024
15:12	MariMed succeeds with growth strategy prioritizing conservatism over quick wins	proactiveinvestors.com
Monday, 12 August 2024
19:19	Cannabis Rescheduling Likely 'In The Next 12 Months,' Says MariMed CEO As Company Invests In Key Markets	benzinga.com
Wednesday, 7 August 2024
17:04	MariMed Reports Second Quarter 2024 Earnings	globenewswire.com
17:01	MariMed Announces Appointment of Mario Pinho as Chief Financial Officer	globenewswire.com
Monday, 22 July 2024
07:30	MariMed Commences Operations In Newly Expanded Area of Maryland Cultivation Facility	globenewswire.com
Tuesday, 9 July 2024
07:30	MariMed Announces Second Quarter 2024 Earnings Date	globenewswire.com
Tuesday, 2 July 2024
08:10	MariMed Announces Approval of Adult-Use Sales At Panacea Wellness Dispensary in Quincy, Massachusetts and Updates for Ohio and Maryland	globenewswire.com
07:30	MariMed Closes Acquisition of Second Maryland Dispensary	globenewswire.com
Thursday, 9 May 2024
10:07	MariMed, Inc. (MRMD) Q1 2024 Earnings Call Transcript	seekingalpha.com
Wednesday, 8 May 2024
17:01	MariMed Reports First Quarter 2024 Earnings	globenewswire.com
Tuesday, 30 April 2024
17:53	Statement From MariMed CEO And President Jon Levine Regarding The Drug Enforcement Administration's Decision To Recategorize Cannabis To Schedule III	globenewswire.com
Saturday, 13 April 2024
09:00	3 Marijuana Stocks To Add To Your Watchlist This Week	MarijuanaStocks
Thursday, 14 December 2023
07:35	The 7 Most Undervalued Cannabis Stocks to Buy in December	InvestorPlace
Sunday, 26 November 2023
12:33	Top Marijuana Stocks For The 2024 Green Rush	MarijuanaStocks
Friday, 24 November 2023
07:30	Top 3 Marijuana Penny Stocks to Watch Post-Thanksgiving	MarijuanaStocks
Monday, 16 October 2023
10:00	Reasons To Be Cautiously Optimistic About Cannabis	Seeking Alpha

Ideas & Opinions

Seeking Alpha 8 Jan 2024

Assertio Holdings: Here's A Contrarian Opportunity In The Health Care Sector
Seeking Alpha 29 Sep 2023

The Sustainability Of Cannabis Bull Run
Seeking Alpha 23 Aug 2023

Green Thumb: Best House In A Bad Neighborhood
Seeking Alpha 6 Apr 2023

MariMed: Positioning Itself To Thrive In A Post-Rescheduling Environment
Seeking Alpha 27 Mar 2023

Finding The Long-Term Winners In The Cannabis Sector
Seeking Alpha 27 Feb 2023

MariMed: Still Overlooked
Seeking Alpha 16 Feb 2023

Medicine Man Technologies: Why I Am Buying This Stock
Seeking Alpha 13 Oct 2022

MariMed: Another MSO Overlooked
Seeking Alpha 12 Aug 2022

Trulieve Takes A Pause With Big Catalyst Over The Horizon
Seeking Alpha 14 Jul 2022

MariMed: Forgotten MSO

Frequently Asked Questions (FAQ)

What's the price of MariMed stock today?

One share of MariMed stock can currently be purchased for approximately $0.1.
When is MariMed's next earnings date?

Unfortunately, MariMed's (MRMD) next earnings date is currently unknown.
Does MariMed pay dividends?

No, MariMed does not pay dividends.
How much money does MariMed make?

MariMed has a market capitalization of 137.60M and it's past years’ income statements indicate that its last revenue has increased compared to the previous period by 10.89% to 148.6M US dollars.
What is MariMed's stock symbol?

MariMed Inc. is traded on the OTC under the ticker symbol "MRMD".
What is MariMed's primary industry?

Company operates in the Healthcare sector and Drug Manufacturers—Specialty & Generic industry.
How do i buy shares of MariMed?

Shares of MariMed can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Who are MariMed's key executives?
MariMed's management team includes the following people:
- Mr. Jon R. Levine Founder & Chief Financial Officer(age: 60, pay: $37,490)
- Mr. Robert N. Fireman Chairman, Pres & Chief Executive Officer(age: 76, pay: $31,490)
Is MariMed founder-led company?

Yes, MariMed is a company led by its founder Mr. Jon R. Levine.
How many employees does MariMed have?

As Jul 2024, MariMed employs 643 workers.
When MariMed went public?

MariMed Inc. is publicly traded company for more then 13 years since IPO on 11 May 2012.
What is MariMed's official website?

The official website for MariMed is marimedinc.com.
Where are MariMed's headquarters?

MariMed is headquartered at 10 Oceana Way, Norwood, MA.
How can i contact MariMed?

MariMed's mailing address is 10 Oceana Way, Norwood, MA and company can be reached via phone at +61 77955140.

MariMed Inc.

marimedinc.com

Exchange:

OTC

Full time employees:

260

Industry:

Drug Manufacturers—Specialty & Generic

Sector:

Healthcare

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 licenses its brands and product formulations, as well as leases cannabis facilities. MariMed Inc. was incorporated in 2011 and is based in Norwood, Massachusetts.

+61 77955140

10 Oceana Way
Norwood, MA 02062

CIK: 0001522767
ISIN: US56782V1070
CUSIP: 56782V107