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MariMed Inc. (MRMD)

Other OTC - Other OTC Delayed Price. Currency in USD
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0.7550-0.0451 (-5.64%)
As of 03:59PM EST. Market open.
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  • H
    H3I$3NB3RG
    Price falling plus dilution
  • B
    BK
    @ AL... 0.81 was clearly breached and the only firm support I can see from here, is circa 0.71 any views?
  • D
    Darel
    So what do you guys think? How many more days will I be lucky enough to scoop up shares under $1? I been doing what I can slowly over the last year. Scrapped together 7K shares with a goal of 10K Shares. I just hope it stays below $1 long enough for me to make save enough cash to make that goal. I’m thinking 1 to 2 quarterly earnings statements, but then it could get drug out awhile longer while our debt holder continues to collect, but how many quarters will that take us? It’s sunshine from here on out, that’s what I believe. But I just hope we continue with a few more cloudy days first. So I can collect more of these under valued shares. 🥰. Any guess at what our earnings release share price will be at the end of this coming quarter? Happy to be here. Hanging in long.
    Bullish
  • R
    Rich
    “Jon Levine, who oversees the company's finance department, said that "being vertical in Illinois will improve our gross margins at our retail stores and provide the Company wholesale revenue from the sale of our branded products to other dispensaries."

    To other dispensaries!! Other companies dispensaries. That would be awesome.
  • A
    AL
    I see support right here, I'm looking to go green before the close we shall see. Next support would be .069 52 week low area. I see the the CEO and CFO both unloaded 100,000 options back in Dec which is normal considering they have bills and taxes to pay.
  • J
    JuMpErsHITit
    Don’t pay attention to the stock or the question about the new dispensaries they said were coming. Pay attention to the person we say is shorting the stock.

    These are very shady people
  • T
    Tony
    I told everyone this stock was going nowhere it's part of the three cannabis stocks not to own
    Bearish
  • A
    AL
    test
  • F
    Fuzzy Bear
    One person writing a comment on a board does not cause the stock to go up or down. Wall Street still controls the reins for the most part. Stop giving credit to people who are clueless. And that goes on both sides I’ll be happy with a double from this price. 
  • H
    H3I$3NB3RG
    Let the dilution begin!
  • L
    Leroy, OoF
    PSA: To anyone new to the Marimed page, a short seller with 20 Yahoo accounts spams this page with gifs all day, every day. And you will see helpful comments downvoted 15-20 times, those that she doesn't want you to read, while her own nonsense is voted to the top.
    Some of the regulars here have muted each of her screen names to avoid the distraction. The user Dallas posts a full list of her screen names regularly, if you wish to do the same.
    Marimed is a great value, if not the best current value in Cannabis!
    Bullish
  • T
    Tony
    what is the bad news coming in 2 weeks does anybody have any insights
    Bearish
  • B
    BK
    @ Darel… Let’s forget any discussion of Rich’s use of a Chrystal Ball and take what he says as correct. “One Note holder who is cashing in causes the count [of outstanding shares] to increase, and that will only be another 1.6 million shares then they're done”. In addition, Rich tells us that in order to cash in the shares, the “note holder” has to purchase them first at “$0.35” per share.

    Rich has also provided the information, that MRMD has “334,028,114” shares outstanding (1/4/2022) call it 334M.
    So ask yourself this:

    What percentage dilution, is an additional 1.6 million shares going to create? IMHO, it’s only going to work out to be a fraction of 1% and some people are clearly trying to make a mountain out of a mole hill on this subject.

    As for your question: “Any guess at what our earnings release share price will be at the end of this coming quarter?”

    I’m afraid my Crystal Ball is a bit cloudy but I believe, hitting “guidance” is virtually written into the share price now. I also expect, the anticipated announcement of a listing on the CSE (and then the actual listing), will drive the price well over 1$. That could happen any time soon and that is the main reason I have kept and will keep on increasing my core holding, as the opportunity arises.
  • R
    Rich
    Now the good. news. "MariMed To Acquire Illinois Craft Cannabis License Allowing for Vertically Integrated Cannabis Operations"

    "For this Craft License, the Company will acquire a building to develop up to 14,000 square feet of canopy for cultivation, build an extraction lab to produce concentrates, and build a production kitchen for the manufacture of edibles and other derivative products. A Transportation License also being acquired will enable the Company to wholesale its products throughout Illinois.

    The Company intends to manufacture and distribute in Illinois its proprietary brands and products, including its Betty’s Eddies® fruit chews, which was one of the top-selling edibles in the state until 2019 through a third-party licensing agreement, its award-winning Nature’s Heritage® flower and concentrates, its Bubby’s Baked™ soft and chewy baked edibles, and more."

    WOW. Going to get it all done in Ill. Plus that puts them in close approximation to surrounding states as they begin making MJ legal.
  • A
    AL
    If this company ever gets bought out it would be soon. We are 20% beyond the oversold territory.
  • H
    H3I$3NB3RG
    As a “profitable” cannabis business, why isn’t MRMD trading over $1?
  • B
    BK
    MariMed, Inc. (OTCQX: MRMD) (“MariMed” or the “Company”), a leading multi-state cannabis operator focused on improving lives every day, today announced it signed a definitive agreement to acquire Green Growth Group, Inc. (“Green Growth”), holder of a provisional Cannabis Craft License in Illinois. The transaction is subject to customary closing conditions and regulatory approvals. Terms of the deal were not disclosed.
  • h
    heyMon
  • H
    H3I$3NB3RG
    MRMD the Stonk that never could
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