|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||2.43 - 2.58|
|52 Week Range||0.20 - 4.07|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
MariMed Inc. (MRMD), a multi-state professional cannabis organization, today reported Q2 2018 financial results, posting revenue of $2.9 million for the three months ended June 30, 2018, an 81% increase from the same period in 2017. MariMed continued on a solid trajectory of year over year revenue growth that it has achieved each quarter since 2016. “Our results this quarter reflect the continued success of our clients under MariMed’s management and business strategy utilizing our proprietary brands and products while operating in our state-of-the-art cannabis cultivation, production, and dispensary facilities,” stated Robert Fireman, CEO of MariMed Inc. “We continue to expand our replicable and scalable business models into more facilities and legal cannabis states.
MariMed's share price has nearly quadrupled so far in 2018. Here's why -- and whether the hot marijuana stock is one to buy.
CORAL GABLES, FL / ACCESSWIRE / August 9, 2018 / The legal cannabis industry has been around for several years now, but it still remains an industry that is very much in its infant stages. Beleave Inc. (BLEVF) continues to add to its market capitalization this month.Shares of the company were trading as low as $0.85 a week ago.This morning, shares of Beleave have hit a high of $0.99. Beleave announced this week that it will be opening two new Medi-Green stores which will be located in London, Ontario and Montreal, Quebec.
Firstly, I’d like to discuss our cash balance and capital structure, which are important to our foundation in building shareholder value. When we spun off Worlds Online, Inc. in January 2011, we retained 5,936,115 shares of common stock in Worlds Online Inc., which is now named MariMed, Inc. and operates within legal jurisdictions of cannabis. MariMed, Inc. is publicly traded as MRMD and is currently trading at $2.37 for over a $400 million market capitalization value.
● Platform creates new category of precision dosed dissolvable cannabis products at efficiencies unsurpassed in the industry. ● The Vitiprints platform efficiently layers ingredients and graphic design, offering endless options for amazing customer products, experiences. NEWTON, Mass., NEW YORK, Aug. 02, 2018 (GLOBE NEWSWIRE) -- MariMed Inc., (MRMD) today announced that it has signed an exclusive global licensing agreement with Vitiprints™ for the worldwide production and distribution rights in all existing and future legal cannabis markets.
Aurora Cannabis Inc (OTC: ACBFF) received conditional approval from Malta Enterprise to establish a seed-to-pharma cannabis operation. “Aurora already was the first company to export medical cannabis to both Italy and Malta, and now are the first to receive approval for the production, processing, and distribution of cannabis in the country,” Neil Belot, Aurora’s chief global business development officer, said in a statement.
MariMed Inc., (MRMD) today announced it has acquired iRollie LLC, including its intellectual property (IP), clients, and its host of products and services. MariMed hired iRollie’s cofounders Luke Shepter and Joe Khoury to expand the iRollie business as well as to bring their expertise and services in house to support MariMed brands and clients.
The Navy Capital Green Fund is the first US-based Long/Short Public Equity Fund dedicated to identifying attractive best in class businesses within key verticals of the global legal cannabis industry. The investment will help fund the continued growth of MariMed assets, including the build-out of cannabis facilities in Massachusetts that are scheduled to open by yearend 2018. “MariMed is one of the top multi-state cannabis operators in the US.
NEW YORK, NY / ACCESSWIRE / July 16, 2018 / Traders News Source, a leading independent equity research and corporate access firm focused on small and mid-cap public companies is issuing a comprehensive report on MariMed Inc. (MRMD), a company that designs, develops, finances, and optimizes the success of medical cannabis cultivation, production, and dispensary facilities. MariMed's team has developed state-of-the-art regulatory-compliant facilities in DE, IL, NV, MD, MA, and RI. The company recently announced that it had signed a letter of intent to make a strategic investment in Cannabis Venture Partners (CVP).
LAS VEGAS, NV / ACCESSWIRE / July 9, 2018 / For the most part, micro cap stocks don't get much attention from Wall Street analysts because they have little incentive to cover them. A large amount of micro cap's are viewed as growth stocks. When investing in micro cap companies an investor should pay attention to global trends.
CVP focused on utilizing technology, data and content to accelerate growth and connect cannabis brands to consumers. NEWTON, MA, June 29, 2018-- MariMed, Inc., a seed to sale cannabis company, and Cannabis ...
Three MariMed Inc. (OTCQB: MRMD) executives will share their expertise on successfully securing real estate for cannabis businesses at the New England Real Estate Journal’s (NEREJ) 2018 Cannabis & Commercial Real Estate (CRE Summit. MariMed CEO Robert Fireman, CFO Jon Levine and COO Tim Shaw will provide real experiences gained from developing marijuana cultivation, production and dispensary facilities in six states and decades of collective executive experience in commercial real estate at The Summit’s two panels. The Cannabis & CRE Summit is 9:30 a.m. to noon, Wednesday, June 13 at the Boston Convention and Exhibition Center, 415 Summer St., Boston.
LOS ANGELES, CA and NEWTON, MA / ACCESSWIRE / June 1, 2018 / MariMed Inc. (MRMD) will be presenting at the LD Micro Invitational on Monday, June 4, at 4:30 PM PST / 7:30 PM EST. Mr. Robert Fireman, CEO of MariMed Inc., will be highlighting MariMed's 3 years of year-over-year quarterly growth as a result of developing and operating some of the nation's most acclaimed state-licensed cannabis cultivation, production, and dispensing facilities in multiple states.
NEWTON, MA and LAS VEGAS, NV / ACCESSWIRE / April 20, 2018 / MariMed Inc. (MRMD) CEO Robert Fireman will be a panelist examining "What's Next for Cannabis Investors" with Moderator Jeff Siegel, Editor at WealthDaily.com, on Tuesday, April 24th at 1:10 pm PST at the Planet MicroCap Showcase. Fireman will also do a feature presentation on MariMed to investors at 11:30 am PST on Wednesday, April 25th at the Showcase where he will discuss MariMed's development and management of nationally acclaimed cannabis cultivation, processing, and dispensary facilities in multiple states as well as its development of branded precision dosed cannabis products that are distributed through the company's network that is expanding coast to coast. The conference will be held April 24-26, 2018 at the Planet Hollywood Resort & Casino, 3667 S. Las Vegas Blvd., Las Vegas.