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MariMed Inc. (MRMD)

0.1200

+0.0030

(+2.56%)

At close: December 20 at 3:50:19 PM EST

MariMed Inc (MRMD) Q3 2024 Earnings Call Highlights: Navigating Growth Amid Industry Challenges

Despite macroeconomic headwinds, MariMed Inc (MRMD) reports revenue growth and strategic expansion, with a focus on brand development and M&A opportunities.

GuruFocus.com last month

MRMD
+2.56%
MariMed Reports Third Quarter 2024 Earnings

NORWOOD, Mass., Nov. 06, 2024 (GLOBE NEWSWIRE) -- MariMed Inc. (“MariMed” or the “Company”) (CSE: MRMD) (OTCQX: MRMD), a leading multi-state cannabis operator focused on improving lives every day, today announced its financial results for the third quarter ended September 30, 2024. “We reported year-over-year and sequential revenue growth, sequential EBITDA and Net Income improvement, and we continue to generate positive operating cash flow,” said Jon Levine, Chief Executive Officer. “Our wholes

GlobeNewswire last month

MRMD
+2.56%
InHouse by MariMed Launches Help on the Homefront, to Support Veterans Facing Housing Challenges

Local Veterans in Maryland, Massachusetts, Delaware, and Illinois Can Enter to Win $5,000 to Help Offset the Cost of Housing or Home Improvements this NovemberNORWOOD, Mass., Oct. 31, 2024 (GLOBE NEWSWIRE) -- InHouse™, MariMed’s (“MariMed”) (CSE: MRMD) (OTCQX: MRMD) high quality, value-priced line of flower, vapes, and gummies, is committed to serving local communities by finding ways to provide support to those in need. The mission continues this November with the brand’s latest philanthropic i

GlobeNewswire last month

MRMD
+2.56%
MariMed Commences Manufacturing Operations in Missouri

NORWOOD, Mass., Oct. 30, 2024 (GLOBE NEWSWIRE) -- MariMed Inc. (“MariMed” or the “Company”) (CSE: MRMD) (OTCQX: MRMD), a leading multi-state cannabis operator, announced the start of cannabis product manufacturing in Missouri. MariMed’s award-winning products are expected to be available across the state in time for the holidays. “Expanding our branded products into Missouri has been a key goal for us,” said Ryan Crandall, Chief Revenue Officer. “Missouri’s fast-growing market is eager for high-

GlobeNewswire last month

MRMD
+2.56%
MariMed Commences Cultivation Operations in Mt. Vernon, Illinois Grow Facility

Seedlings Planted In Time for Retail and Wholesale Distribution in Early 2025NORWOOD, Mass., Oct. 14, 2024 (GLOBE NEWSWIRE) -- MariMed Inc. (“MariMed,” “the Company”) (CSE: MRMD) (OTCQX: MRMD), a leading multi-state cannabis operator, today announced it commenced operations in its new cultivation facility in Mt. Vernon, Illinois. The first harvest is expected in early 2025, at which time the Company will sell its award-winning Nature’s Heritage flower and concentrates through its retail and whol

GlobeNewswire 2 months ago

MRMD
+2.56%
MariMed Inc (MRMD) Q2 2024 Earnings Call Highlights: Strong Revenue Growth Amid Margin Pressures

Despite robust revenue increases, MariMed Inc (MRMD) faces challenges with declining margins and cash reserves.

GuruFocus.com 2 months ago

MRMD
+2.56%
MariMed Announces Third Quarter 2024 Earnings Date

NORWOOD, Mass., Oct. 07, 2024 (GLOBE NEWSWIRE) -- MariMed Inc. (“MariMed” or the “Company”), (CSE: MRMD), (OTCQX: MRMD), a leading multi-state cannabis operator focused on improving lives every day, announced today it will report third quarter 2024 financial results on November 6, 2024 after the markets close. Management will host a conference call on November 7, 2024 at 8:00 a.m. EST to discuss financial results. A webcast will be available and can be accessed via MariMed’s Investor Relations w

GlobeNewswire 2 months ago

MRMD
+2.56%
MariMed’s Nature’s Heritage Gives Local Musicians a Chance to be Featured in New Interactive Vape Campaign

NORWOOD, Mass., Oct. 01, 2024 (GLOBE NEWSWIRE) -- MariMed’s (“MariMed”) (CSE: MRMD) (OTCQX: MRMD) award-winning flower and concentrate brand, Nature’s Heritage™, often taps the passion for music to build a lasting relationship with cannabis consumers. The brand’s new campaign, ‘Amplify Your Experience,’ will continue that tradition by offering an opportunity for local musicians to share their music with Nature’s Heritage fans through commercials, live concerts and digital performances. It’s just

GlobeNewswire 2 months ago

MRMD
+2.56%
MariMed’s Betty’s Eddies Partners With Keep A Breast Foundation to Promote Breast Cancer Screening Education

Second Annual Collaboration Coincides With Breast Cancer Awareness MonthNORWOOD, Mass., Sept. 30, 2024 (GLOBE NEWSWIRE) -- Betty’s Eddies announced its second annual collaboration with the Keep A Breast Foundation (“KAB”) to continue advancing breast cancer awareness education and supporting the millions of people affected by the disease. The initiative includes redesigned product packaging and a campaign to foster KAB’s mission of reducing breast cancer risk through education, with a focus on e

GlobeNewswire 2 months ago

MRMD
+2.56%
MariMed Commences Adult-Use Sales at Thrive Wellness Dispensary in Tiffin, Ohio

NORWOOD, Mass., Sept. 24, 2024 (GLOBE NEWSWIRE) -- MariMed Inc. (“MariMed”) (CSE: MRMD) (OTCQX: MRMD), a leading multi-state cannabis operator focused on improving lives every day, today announced it has commenced adult-use retail sales at its Thrive Wellness dispensary in Tiffin, Ohio. Since its opening in June 2023, the dispensary has been operating as a medical-only facility, offering a diverse selection of branded flower and edible products from across the state. “We are thrilled to commence

GlobeNewswire 2 months ago

MRMD
+2.56%
MariMed’s Bubby’s Baked Introduces New, Limited-Edition Pumpkin Bread Bites This Autumn

Bubby’s Baked Pumpkin Bread Bites Feature Real Pumpkin and a Delicious Blend of Cinnamon, Ginger, Allspice, and Nutmeg for a Warm Hug in Mini Muffin FormNORWOOD, Mass., Sept. 10, 2024 (GLOBE NEWSWIRE) -- Bubby’s Baked, the small-batch and made-from-scratch soft and delicious cannabis bites, has officially launched a new limited-edition batch of mini muffins for autumn: Pumpkin Bread Bites. Bubby’s Baked is one of the award-winning brands developed and distributed by leading multi-state cannabis

GlobeNewswire 3 months ago

MRMD
+2.56%
MariMed Announces Opening of Second Maryland Dispensary

NORWOOD, Mass., Aug. 19, 2024 (GLOBE NEWSWIRE) -- MariMed Inc. (“MariMed,” “the Company”) (CSE: MRMD) (OTCQX: MRMD), a leading multi-state cannabis operator focused on improving lives every day, announced the opening of Thrive Wellness in Upper Marlboro, Maryland on Monday, August 19th, 2024. This new location is MariMed’s second adult-use dispensary in Maryland, situated at 9520 Marlboro Pike in Prince George’s County, Upper Marlboro. The Company also owns and operates another Thrive Wellness d

GlobeNewswire 3 months ago

MRMD
+2.56%
Verano, Green Thumb & MariMed's Strong Q2: Unpacking The Cannabis Earnings Surge

In a recent series of equity research reports, Pablo Zuanic of Zuanic & Associates provided a detailed analysis of the Q2 2024 performance for three major players in the cannabis industry: Verano Holdings (OTC: VRNOF), Green Thumb Industries (OTC: GTBIF) and MariMed Inc. (OTC: MRMD). Verano Holdings: Strategic Acquisitions And Stable Growth Verano Holdings achieved a Gross profit of $114.34 million or 51% of revenue, which compares to $115.19 million and 49% in the same quarter last year. The co

Benzinga 4 months ago

MRMD
+2.56%
MariMed Reports Second Quarter 2024 Earnings

NORWOOD, Mass., Aug. 07, 2024 (GLOBE NEWSWIRE) -- MariMed Inc. (“MariMed” or the “Company”) (CSE: MRMD) (OTCQX: MRMD), a leading multi-state cannabis operator focused on improving lives every day, today announced its financial results for the second quarter ended June 30, 2024. “With the first half of the year in the books, I’m pleased to say we remain on track to deliver our 2024 financial targets,” said Jon Levine, Chief Executive Officer. “Revenue growth in the second quarter of 2024 was very

GlobeNewswire 4 months ago

MRMD
+2.56%
MariMed Announces Appointment of Mario Pinho as Chief Financial Officer

NORWOOD, Mass., Aug. 07, 2024 (GLOBE NEWSWIRE) -- MariMed Inc. (“MariMed,” “the Company”) (CSE: MRMD) (OTCQX: MRMD), a leading multi-state cannabis operator focused on improving lives every day, today announced the appointment of Mario Pinho to Chief Financial Officer (“CFO”), effective August 9, 2024. Mr. Pinho is a Certified Public Accountant and senior finance executive with nearly 25 years of experience leading global organizations through various stages of dynamic growth. Prior to joining M

GlobeNewswire 4 months ago

MRMD
+2.56%
MariMed Commences Operations In Newly Expanded Area of Maryland Cultivation Facility

Seedlings Planed in New Grow Rooms, In Time for Retail and Wholesale Distribution of Products During Fourth Quarter of 2024NORWOOD, Mass., July 22, 2024 (GLOBE NEWSWIRE) -- MariMed Inc. (“MariMed,” “the Company”) (CSE: MRMD) (OTCQX: MRMD), a leading multi-state cannabis operator focused on improving lives every day, today announced it recently commenced operations in the newly expanded area of its cultivation and processing facility in Hagerstown, Maryland. The expansion will double the facility

GlobeNewswire 4 months ago

MRMD
+2.56%
MariMed Announces Second Quarter 2024 Earnings Date

NORWOOD, Mass., July 09, 2024 (GLOBE NEWSWIRE) -- MariMed Inc. (“MariMed” or the “Company”), (CSE: MRMD), (OTCQX: MRMD), a leading multi-state cannabis operator focused on improving lives every day, announced today it will report second quarter 2024 financial results on August 7, 2024 after the markets close. Management will host a conference call on August 8, 2024 at 8:00 a.m. EST to discuss financial results. A webcast will be available and can be accessed via MariMed’s Investor Relations webs

GlobeNewswire 5 months ago

MRMD
+2.56%
MariMed Announces Approval of Adult-Use Sales At Panacea Wellness Dispensary in Quincy, Massachusetts and Updates for Ohio and Maryland

NORWOOD, Mass., July 02, 2024 (GLOBE NEWSWIRE) -- MariMed Inc. (“MariMed”) (CSE: MRMD) (OTCQX: MRMD), a leading multi-state cannabis operator focused on improving lives every day, today announced that it received approval of the Massachusetts Cannabis Control Commission (“MCCC”) to commence adult-use retail sales at its Quincy Panacea Wellness dispensary. Panacea Wellness Quincy is the third MariMed dispensary in Massachusetts that offers adult-use sales, which is the maximum permissible by stat

GlobeNewswire 5 months ago

MRMD
+2.56%
MariMed Closes Acquisition of Second Maryland Dispensary

NORWOOD, Mass., July 02, 2024 (GLOBE NEWSWIRE) -- MariMed Inc. (“MariMed,” “the Company”) (CSE: MRMD) (OTCQX: MRMD), a leading multi-state cannabis operator focused on improving lives every day, today announced the closing of its acquisition of the operating assets of Our Community Wellness & Compassionate Care Center, Inc. ("Medleaf") in Prince George's County, Maryland on April 5th. Just prior to closing, MariMed paid the state’s adult-use conversion fee and subsequently received an adult-use

GlobeNewswire 5 months ago

MRMD
+2.56%
MariMed Inc. (PNK:MRMD) Q1 2024 Earnings Call Transcript

MariMed Inc. (PNK:MRMD) Q1 2024 Earnings Call Transcript May 9, 2024 MariMed Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good morning. My name is Alan and I’ll be your conference operator today. At this time, I would like […]

Insider Monkey 7 months ago

MRMD
+2.56%

Performance Overview

Return	MRMD	S&P 500
YTD	-56.36%	+24.34%
1-Year	-57.30%	+24.38%
3-Year	-83.56%	+28.36%

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MariMed Inc. (MRMD)

MariMed Inc (MRMD) Q3 2024 Earnings Call Highlights: Navigating Growth Amid Industry Challenges

MariMed Reports Third Quarter 2024 Earnings

InHouse by MariMed Launches Help on the Homefront, to Support Veterans Facing Housing Challenges

MariMed Commences Manufacturing Operations in Missouri

MariMed Commences Cultivation Operations in Mt. Vernon, Illinois Grow Facility

MariMed Inc (MRMD) Q2 2024 Earnings Call Highlights: Strong Revenue Growth Amid Margin Pressures

MariMed Announces Third Quarter 2024 Earnings Date

MariMed’s Nature’s Heritage Gives Local Musicians a Chance to be Featured in New Interactive Vape Campaign

MariMed’s Betty’s Eddies Partners With Keep A Breast Foundation to Promote Breast Cancer Screening Education

MariMed Commences Adult-Use Sales at Thrive Wellness Dispensary in Tiffin, Ohio

MariMed’s Bubby’s Baked Introduces New, Limited-Edition Pumpkin Bread Bites This Autumn

MariMed Announces Opening of Second Maryland Dispensary

Verano, Green Thumb & MariMed's Strong Q2: Unpacking The Cannabis Earnings Surge

MariMed Reports Second Quarter 2024 Earnings

MariMed Announces Appointment of Mario Pinho as Chief Financial Officer

MariMed Commences Operations In Newly Expanded Area of Maryland Cultivation Facility

MariMed Announces Second Quarter 2024 Earnings Date

MariMed Announces Approval of Adult-Use Sales At Panacea Wellness Dispensary in Quincy, Massachusetts and Updates for Ohio and Maryland

MariMed Closes Acquisition of Second Maryland Dispensary

MariMed Inc. (PNK:MRMD) Q1 2024 Earnings Call Transcript

Performance Overview