MariMed Inc.

MRMD


Canadian symbol: MRMD
US symbol: MRMD

Currency in USD

Valuation Measures

Market Cap (intraday) 535.67M
Enterprise Value 394.66M
Trailing P/E N/A
Forward P/E 1N/A
PEG Ratio (5 yr expected) 1N/A
Price/Sales (ttm)0.72
Price/Book (mrq)N/A
Enterprise Value/Revenue 31.91
Enterprise Value/EBITDA 6-2.61

Trading Information

Stock Price History

Beta (5Y Monthly) 1.71
52-Week Change 3-91.30%
S&P500 52-Week Change 314.33%
52 Week High 31.8000
52 Week Low 30.1000
50-Day Moving Average 30.1541
200-Day Moving Average 30.2164

Share Statistics

Avg Vol (3 month) 31.57M
Avg Vol (10 day) 31.25M
Shares Outstanding 5248.12M
Float 168.63M
% Held by Insiders 138.99%
% Held by Institutions 10.02%
Shares Short 4N/A
Short Ratio 4N/A
Short % of Float 4N/A
Short % of Shares Outstanding 4N/A
Shares Short (prior month ) 4N/A

Dividends & Splits

Forward Annual Dividend Rate 4N/A
Forward Annual Dividend Yield 4N/A
Trailing Annual Dividend Rate 3N/A
Trailing Annual Dividend Yield 3N/A
5 Year Average Dividend Yield 4N/A
Payout Ratio 40.00%
Dividend Date 3N/A
Ex-Dividend Date 4N/A
Last Split Factor 2N/A
Last Split Date 3N/A

Financial Highlights

Fiscal Year

Fiscal Year Ends Dec. 30, 2019
Most Recent Quarter (mrq)Mar. 30, 2020

Profitability

Profit Margin -168.67%
Operating Margin (ttm)-76.12%

Management Effectiveness

Return on Assets (ttm)-28.93%
Return on Equity (ttm)-234.33%

Income Statement

Revenue (ttm)49.55M
Revenue Per Share (ttm)0.23
Quarterly Revenue Growth (yoy)112.40%
Gross Profit (ttm)18.7M
EBITDA -36.24M
Net Income Avi to Common (ttm)-83.58M
Diluted EPS (ttm)-0.3920
Quarterly Earnings Growth (yoy)N/A

Balance Sheet

Total Cash (mrq)2.62M
Total Cash Per Share (mrq)0.01
Total Debt (mrq)47.87M
Total Debt/Equity (mrq)745.08
Current Ratio (mrq)0.30
Book Value Per Share (mrq)-0.03

Cash Flow Statement

Operating Cash Flow (ttm)-18.32M
Levered Free Cash Flow (ttm)-18.23M

mrq = Most Recent Quarter
ttm = Trailing Twelve Months
yoy = Year Over Year
lfy = Last Fiscal Year
fye = Fiscal Year Ending
fy = Forward Year
Shares outstanding is taken from the most recently filed quarterly or annual report and Market Cap is calculated using shares outstanding.

Fundamentals are updated every day.
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Analysts data is not available


Insiders transactions are updated every hour.

Major Holders

Currency in USD
Breakdown
38.99%% of Shares Held by All Insider
0.02%% of Shares Held by Institutions
0.03%% of Float Held by Institutions
2Number of Institutions Holding Shares

Top Institutional Holders

HolderSharesDate Reported% OutValue
Edge Wealth Management Llc37,000Jun. 29, 20200.01%5,812
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Press Releases by MariMed Inc.


MariMed Nature's Heritage Flower Brand Expands Product Offerings to Meet Strong Consumer Demand

MariMed Nature’s Heritage Flower Brand Expands Product Offerings to Meet Strong Consumer Demand

Launched February 2020, Nature’s Heritage has quickly become a top selling flower brand in MassachusettsCapitalizing on high consumer demand, Nature’s Heritage will expand its product offerings to include concentrates, vaporizers, and pre-rolls in Q3 2020 NORWOOD, Mass., July 30, 2020 -- MariMed Inc. (MRMD:OTCQX) (the “Company” or “MariMe... Read More...
MariMed Announces Debt Restructuring Actions and Improved Revenues and Cash Flow

MariMed Announces Debt Restructuring Actions and Improved Revenues and Cash Flow

Closes $13.0 million mortgage-backed refinancing at 6.5% Retires $7.3 million of short-term higher rate debtRevenues and cash flow from consolidated cannabis operations continue to increaseNORWOOD, Mass., July 23, 2020 -- MariMed Inc. (OTCQX: MRMD) (the “Company” or MariMed), a leading multi-state cannabis and hemp operator focused on hea... Read More...
MariMed Reports First Quarter 2020 Results

MariMed Reports First Quarter 2020 Results

Total Revenues Up 112% Year-Over-YearGross Profit Up 115 % Year-Over- Year NORWOOD, Mass., May 29, 2020 -- MariMed Inc. (MRMD:OTCQX) (the “Company” or MariMed), a leading multi-state cannabis and hemp operator focused on health and wellness, today reported financial and operating results for the three months ended March 31, 2020. First Qu... Read More...
The Valens Company Enters Australia's Rapidly Expanding Cannabis Market with Five Year Distribution Agreement with Country's Largest Distributor

The Valens Company Enters Australia’s Rapidly Expanding Cannabis Market with Five Year Distribution Agreement with Country’s Largest Distributor

Landmark agreement provides The Valens Company with strategic access to the second largest cannabis market outside of North America. Under the terms of the five-year agreement, The Valens Company becomes a preferred supplier to Cannvalate, a leading authority in the Australian medical cannabis community with the largest cannabis distribut... Read More...
MariMed Launches Award Winning Betty's Eddies™ Edibles In Nevada Adult Use Cannabis Market

MariMed Launches Award Winning Betty’s Eddies™ Edibles In Nevada Adult Use Cannabis Market

NORWOOD, Mass., April 21, 2020 -- MariMed Inc. (MRMD:OTCQX) (the “Company” or MariMed), a leading multi-state cannabis and hemp operator focused on health and wellness, announced today that Betty's Eddies™, its proprietary, in-house award-winning national cannabis brand, will now be available for retail purchase in Nevada. The expansion i... Read More...
MariMed to Webcast Live at the KCSA Cannabis/Psychedelic Virtual Investor Conference on April 20th

MariMed to Webcast Live at the KCSA Cannabis/Psychedelic Virtual Investor Conference on April 20th

SEOUL-The younger sister of North Korean leader Kim Jong Un is taking center stage in an escalating, and very nasty, campaign against South Korea.If Kim Jong Un Dies, His Younger Sister Is Primed to Take OverWhile Numero Uno Kim Jong Un stays out of sight, 32-year-old Kim Yo Jong is putting her name on calls to punish Seoul.The proximate ... Read More...
MariMed Reports Year End 2019 Results

MariMed Reports Year End 2019 Results

NORWOOD, Mass., April 01, 2020 -- MariMed Inc. (MRMD:OTCQX) (the “Company” or MariMed), a leading multi-state cannabis and hemp operator focused on health and wellness, today reported financial and operating results for the three and twelve months ended December 31, 2019.FY 2019 Financial Highlights: Total Company fiscal year 2019 revenue... Read More...
MariMed Launches Tropizen Pique™ Hot Sauce in Massachusetts

MariMed Launches Tropizen Pique™ Hot Sauce in Massachusetts

NORWOOD, Mass., March 12, 2020 -- MariMed Inc. (MRMD:OTCQX) (the “Company” or MariMed), a leading multi-state cannabis and hemp operator focused on health and wellness, announced today the launch of Tropizen Pique™, a popular Caribbean cannabis infused hot sauce, in Massachusetts by its licensed subsidiary ARL Healthcare. Through a partne... Read More...
MariMed Harvests its First Cannabis Crop in Massachusetts Amidst State-Wide Flower Shortage

MariMed Harvests its First Cannabis Crop in Massachusetts Amidst State-Wide Flower Shortage

NORWOOD, Mass., Feb. 24, 2020 -- MariMed Inc. (MRMD:OTCQX) (the “Company” or MariMed), a leading multi-state cannabis and hemp operator focused on health and wellness, announced today that the Company began its first cannabis harvest of 2020 at its cultivation and production facility in New Bedford, MA. This state-of-the-art cultivation a... Read More...
MariMed Provides Update on GenCanna Global, Inc.

MariMed Provides Update on GenCanna Global, Inc.

NORWOOD, Mass., Feb. 06, 2020 -- MariMed Inc. (MRMD:OTCQX) (the “Company” or “MariMed”), a leading multi-state cannabis and hemp operator focused on health and wellness, today issued a statement regarding the recent development that GenCanna Global, Inc. (“GenCanna”), a vertically-integrated producer of hemp and hemp-derived CBD products ... Read More...
Marimed Launches Its “Betty's Eddies” Brand in Massachusetts

Marimed Launches Its “Betty’s Eddies” Brand in Massachusetts

Betty's Eddies™ Fruit Chews now Available in both Massachusetts Medical and Adult Use Cannabis ProgramsBetty’s Eddies was the LeafLink Winner for Best Selling Medical Product in 2019NORWOOD, Mass., Jan. 15, 2020 -- MariMed Inc. (MRMD:OTCQX) (the “Company” or “MariMed”), a leading multi-state cannabis and hemp operator focused on health an... Read More...
MariMed Shares in Successful Launch of Adult-Use Cannabis as Illinois Legal Sales Take Off

MariMed Shares in Successful Launch of Adult-Use Cannabis as Illinois Legal Sales Take Off

MariMed’s Anna and Harrisburg dispensaries see a five-fold increase in customer counts on first day of legal recreational salesRecreational sales to augment strong medical patient growthMariMed on track to open two additional Illinois dispensaries during 2020NORWOOD, Mass., Jan. 06, 2020 -- MariMed Inc. (MRMD:OTCQX) a leading multi-state ... Read More...
MariMed to Open Dispensary in Middleborough, MA on December 19th

MariMed to Open Dispensary in Middleborough, MA on December 19th

ARL Healthcare, Inc. (MariMed Subsidiary) to open its first “Panacea Wellness” Medical DispensaryProcess underway for approval under Massachusetts adult-use programNORWOOD, Mass., Dec. 11, 2019 -- MariMed Inc. (MRMD: OTCQX), a premier cannabis and hemp multi-state operator, received final authority from Massachusetts Cannabis Control Comm... Read More...
LeafLink Names MariMed’s Betty's Eddies™ as National Category Leader

LeafLink Names MariMed’s Betty’s Eddies™ as National Category Leader

Betty's Eddies™ Occupies Best Selling Slot in LeafLink ListMariMed Expands National Footprint and Brings New Products to New MarketsInfused Cannabis Products Occupy Increased Share of a Growing National MarketNORWOOD, Mass., Dec. 03, 2019 -- MariMed Inc. (MRMD:OTCQX), a leading multi-state cannabis and hemp operator focused on health and ... Read More...
MariMed Chief Innovation Officer Dr. Jokūbas Žiburkus and MariMed Director Dr. Eva Selhub will be Speaking at Medical Cannabis Summit

MariMed Chief Innovation Officer Dr. Jokūbas Žiburkus and MariMed Director Dr. Eva Selhub will be Speaking at Medical Cannabis Summit

Drs. Žiburkus and Selhub are Industry Speakers at Delta 9’s Medical Cannabis Patient Therapies & Wellness Summit on Nov 14-15 Boston / Newton, MassachusettsSummit Held at Crowne Plaza Boston / Newton Hotel - 320 Washington Street, Newton, MANORWOOD, Mass., Nov. 14, 2019 -- MariMed Inc. (MRMD) a leading multi-state cannabis operator fo... Read More...
MariMed Signs Mutual Licensing Deal with Tropizen, leading Puerto Rican Cannabis Operator

MariMed Signs Mutual Licensing Deal with Tropizen, leading Puerto Rican Cannabis Operator

First Such Agreement by Multi-State Operator in Fast Growing Puerto Rican MarketNORWOOD, Mass., Oct. 24, 2019 -- MariMed Inc. (MRMD), a premier cannabis and hemp multi-state operator focused on health and wellness, has signed a definitive agreement to license its market leading brands and products, Betty’s Eddies™ and Kalm Fusion™, to Tro... Read More...
MariMed Consolidation Continues with Acquisition of Illinois Cannabis Businesses

MariMed Consolidation Continues with Acquisition of Illinois Cannabis Businesses

NORWOOD, Mass., Oct. 21, 2019 -- MariMed Inc. (MRMD) today announced that the Illinois Department of Financial and Professional Regulation has approved the transfer of ownership of its two cannabis-licensed clients, KPG Anna and KPG Harrisburg. The completion of these previously announced transactions will allow MariMed to report the oper... Read More...
Benzinga Announces: MariMed Inc. Presenting at the Cannabis Capital Conference in Chicago

Benzinga Announces: MariMed Inc. Presenting at the Cannabis Capital Conference in Chicago

Chicago, Illinois--(Newsfile Corp. - October 15, 2019) - MariMed Inc. (OTCQX: MRMD), will be presenting at the 5th Benzinga Cannabis Capital Conference in Chicago October 22-23 before an audience of well-vetted public and private companies, and an audience of fellow institutional, family office and accredited investors looking for the rig... Read More...
MariMed Hemp Signs Exclusive Agreement with Major Beverage Distributor to Market its CBD Brands in Rhode Island and Connecticut

MariMed Hemp Signs Exclusive Agreement with Major Beverage Distributor to Market its CBD Brands in Rhode Island and Connecticut

NORWOOD, Mass., Sept. 25, 2019 -- MariMed Inc. (MRMD), a premier cannabis and hemp multi-state operator focused on health and wellness, announced that the HempEngine™ group of its MariMed Hemp subsidiary has signed an exclusive agreement with one of the largest beverage distributors located in the Northeast U.S., serving more than 8,500 o... Read More...
MariMed to Exhibit Florance™ at Natural Products Expo East on September 11-14, 2019

MariMed to Exhibit Florance™ at Natural Products Expo East on September 11-14, 2019

NORWOOD, Mass., Sept. 09, 2019 -- MariMed Inc. (MRMD), a premier cannabis and hemp multi-state operator focused on health and wellness, announced today its MariMed Hemp division will exhibit its Florance™ brand of CBD products at Natural Products Expo East being held at the Baltimore Convention Center on September 11-14, 2019.The expo wil... Read More...
MariMed’s Middleborough, MA Dispensary Receives Special Permit for Adult Recreational Use

MariMed’s Middleborough, MA Dispensary Receives Special Permit for Adult Recreational Use

NORWOOD, Mass., Aug. 29, 2019 -- MariMed Inc. (MRMD), a premier cannabis and hemp multi-state operator focused on health and wellness, has received a special permit to allow its Panacea Wellness™ dispensary in Middleborough to merchandise cannabis products under the Massachusetts adult use program. It will now proceed at the Cannabis Cont... Read More...
MariMed Receives Certificate of Occupancy for Cannabis Facility in New Bedford, Massachusetts

MariMed Receives Certificate of Occupancy for Cannabis Facility in New Bedford, Massachusetts

Poised to Commence Cannabis Operations in MassachusettsNORWOOD, Mass., Aug. 22, 2019 -- MariMed Inc. (MRMD), a premier cannabis and hemp multi-state operator focused on health and wellness, has received a certificate of occupancy from the city of New Bedford, Massachusetts for its new cannabis cultivation and manufacturing facility.“ARL H... Read More...
OTC Markets Group Welcomes MariMed Inc. to OTCQX

OTC Markets Group Welcomes MariMed Inc. to OTCQX

NEW YORK, Aug. 15, 2019 -- OTC Markets Group Inc. (OTCM), operator of financial markets for 10,000 U.S. and global securities, today announced MariMed Inc. (OTCQX: MRMD), a multi-state cannabis operator, has qualified to trade on the OTCQX® Best Market.  MariMed Inc. upgraded to OTCQX from the OTCQB® Venture Market.MariMed Inc. begins tra... Read More...
MariMed Inc. Reports Record Q2 2019 Results; Revenue Up 774% to $25.7 Million, Net Income of $4.7 Million

MariMed Inc. Reports Record Q2 2019 Results; Revenue Up 774% to $25.7 Million, Net Income of $4.7 Million

NORWOOD, Mass., Aug. 12, 2019 -- MariMed Inc. (MRMD), a leading multi-state cannabis and  hemp operator focused on health and wellness, reported record results for both the three and six month periods ended June 30, 2019. Results reflect consistent, dynamic growth in the company’s cannabis businesses as well as momentum in its MariMed Hem... Read More...
MariMed Launches Hemp Engine™ Marketing Platform for CBD Distributors, Retailers and Consumers

MariMed Launches Hemp Engine™ Marketing Platform for CBD Distributors, Retailers and Consumers

Proprietary system developed by the Hemp Engine™ development team and Sprout™, the leading CRM provider to the cannabis industry and a MariMed strategic partnerA turnkey retail and educational in-store platform for emerging CBD sectorProvides major benefits to both small and mass market retailers and their customersNorwood, MA, Aug. 05, 2... Read More...
MariMed Inc. Signs Multi-State Licensing Agreement to Bring Binske Cannabis Brands to Eastern Markets

MariMed Inc. Signs Multi-State Licensing Agreement to Bring Binske Cannabis Brands to Eastern Markets

NORWOOD, MA, July 30, 2019 -- MariMed Inc. (MRMD), a leading multi-state cannabis operator focused on health and wellness, today announced a licensing agreement with Denver-based Binske, which offers an innovative range of diverse cannabis products. Under the terms of the agreements, MariMed is licensed to manufacture and distribute the B... Read More...
MariMed Expands Executive Team with CIO Addition

MariMed Expands Executive Team with CIO Addition

Jonathan Rider, veteran of Monster.com, is Chief Information OfficerAdvances corporate emphasis on systems IT, data management and CRMNORWOOD, MA, July 22, 2019 -- MariMed Inc. (MRMD), a leading multi-state cannabis operator focused on health and wellness, announced the appointment of Mr. Jonathan Rider to the newly created position of Ch... Read More...
MariMed Hemp to Host Educational Seminar

MariMed Hemp to Host Educational Seminar

Seminar featuring internationally recognized physicians and researchers is part of broader corporate emphasis on education and researchSeminar to be held on Saturday, June 29, 11AM-2PM at Calle Escorial 364, Caparra Heights, San Juan, Puerto RicoVideo/Audio available for replay at www.MariMedinc.comNORWOOD, MA, June 28, 2019 -- MariMed In... Read More...
MariMed, Inc. Appoints New Independent Director

MariMed, Inc. Appoints New Independent Director

NORWOOD, MA, June 25, 2019 -- MariMed Inc. (MRMD), a leading multi-state cannabis operator focused on health and wellness, today announced the appointment of Mr. David Allen to its Board of Directors effective immediately. As a Director, he will serve as Chair of MariMed’s Audit Committee.Mr. Allen brings over 22 years of experience as a ... Read More...
MariMed, Inc. Reports Strong 2019 First Quarter Results; Advancement of Strategic Initiatives

MariMed, Inc. Reports Strong 2019 First Quarter Results; Advancement of Strategic Initiatives

Significant improvement in operating performance – Revenue up 69%; Adjusted EBITDA up 76%  Planned consolidation of cannabis operations under MariMed banner advancing on schedule The launch of MariMed Hemp operations including the development of CBD brands and products   Conversion of debt investment in GenCanna Global Inc. to a significa... Read More...
MariMed CIO Žiburkus to Talk at Institutional Capital & Cannabis Conference

MariMed CIO Žiburkus to Talk at Institutional Capital & Cannabis Conference

3rd Annual Institutional Capital & Cannabis Conference – May 9-10 – JW Marriott Hotel, 900 West Olympic Boulevard, Los Angeles 90015NORWOOD, MA, May 07, 2019 -- MariMed Inc. (MRMD) one of the largest multi-state cannabis and hemp operators in the US, announced today that its Chief Information Officer, Dr. Jokūbas Žiburkus, will be pre... Read More...
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