MRMD - MariMed Inc.

Other OTC - Other OTC Delayed Price. Currency in USD
0.7890
-0.1560 (-16.51%)
At close: 3:58PM EDT
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Previous Close0.9450
Open0.9200
Bid0.0000 x 0
Ask0.0000 x 0
Day's Range0.7525 - 0.9435
52 Week Range0.7525 - 5.8000
Volume1,279,279
Avg. Volume306,832
Market Cap172.037M
Beta (3Y Monthly)2.89
PE Ratio (TTM)N/A
EPS (TTM)-0.0320
Earnings DateNov 12, 2019 - Nov 15, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
Trade prices are not sourced from all markets
  • GlobeNewswire

    MariMed to Exhibit Florance™ at Natural Products Expo East on September 11-14, 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. MariMed invites attendees to stop by the company’s booth #4902 where it will exhibit its full line of Florance Hemp CBD products in several categories, including health, beauty, pain and sports. Dr. Jokubas Zirbucus, MariMed’s chief innovation officer and one of the founders of the Florance brand, has organized an experienced medical team to develop new formulations that produce consistent and satisfying results for consumers and patients.

  • GlobeNewswire

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

    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 Control Commission (CCC) for adult use final approval. The dispensary has already received town approval for medical use.

  • GlobeNewswire

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

    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 Healthcare, our Massachusetts cannabis licensed subsidiary, will now schedule its final state inspection to be cleared to commence full operations of its cultivation, production and dispensary,” said Bob Fireman, MariMed’s CEO. The New Bedford manufacturing facility is part of a 137,000 sf building situated on 17 acres providing for future growth and expansion.

  • GlobeNewswire

    MariMed Begins Trading on OTCQX Best Market as MRMD

    The OTCQX® Best Market is top tier of OTC Markets; provides exchange-quality trading experience with superior information availability for investorsMRMD to begin trading on.

  • PR Newswire

    OTC Markets Group Welcomes MariMed Inc. to OTCQX

    NEW YORK , Aug. 15, 2019 /PRNewswire/ --   OTC Markets Group Inc.  (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, today announced MariMed Inc.  (OTCQX: MRMD), a multi-state ...

  • Motley Fool

    3 Profit-Driven Marijuana Stocks

    Here's how companies from three different corners of the industry squeezed out a profit in the second quarter.

  • GlobeNewswire

    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.

  • GlobeNewswire

    MariMed Engages CMA to Lead New Investor Relations Campaign

    MariMed Inc. (MRMD), a premier cannabis and hemp multi-state operator focused on health and wellness, has engaged CMA, a leading capital markets advisory firm, to lead a new strategic investor relations program. MariMed has rapidly emerged as a premier seed-to-sale cannabis and hemp multi-state operator, providing highest quality products for enhanced customer and patient wellness, state-of-the-art facilities, and recognized brands. The company also owns a significant percentage of GenCanna Global USA, Inc., the Kentucky-based, national leader in cultivation and production of seed-to-sale cGMP quality CBD derived from hemp.

  • Canna-Bust! These 6 Pot Stocks Lost at Least 25% in July
    Motley Fool

    Canna-Bust! These 6 Pot Stocks Lost at Least 25% in July

    Most marijuana stocks fell last month, but these were the worst of the worst.

  • GlobeNewswire

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

    MariMed Hemp, a subsidiary of MariMed, Inc. (MRMD), a leading multi-state cannabis and hemp operator focused on health and wellness, has launched the Hemp Engine™, a turnkey retail marketing platform for the fast-growing CBD sector. The platform supports sales and marketing decisions for a wide range of CBD products based on quality, popularity and price point, allowing distributors and retailers to maximize returns and increase sales efficiency. Co-developed with Sprout™, the leading CRM provider to the cannabis industry, the platform is driven by proprietary data and technology.

  • GlobeNewswire

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

    Under the terms of the agreements, MariMed is licensed to manufacture and distribute the Binske portfolio of products in seven states: Illinois, Ohio, Massachusetts, Rhode Island, Maryland, Delaware, and Maine, adding substantially to the availability of Binske brands, which are currently licensed in Colorado, Nevada, Florida, and California.   The Binske brands include a variety of consumer options, including concentrates, edibles, vaporizers, and topicals. Ryan Crandall, MariMed's Chief Product Officer and SVP Sales, stated, "Binske is a popular brand in Colorado and Nevada, and we are enthusiastic about the potential of its products in the markets where we operate. Binske will be an exciting addition to the diverse portfolio of seven brands MariMed currently owns and licenses, such as Betty's Eddies™, Nature’s Heritage™ and Kalm Fusion™, among others.

  • Benzinga

    MariMed, Binske Strike Licensing Agreement To Bring Products 'From Malibu To Martha's Vineyard'

    Cannabis brand Binske announced Monday it has partnered with the multistate operator MariMed Inc (OTC: MRMD) in a licensing deal. Binske products are presently found in Colorado, Nevada, California and Florida. Under the deal, products will become available in Ohio, Maryland, Illinois, Massachusetts, Rhode Island, Delaware and Maine.

  • GlobeNewswire

    MariMed Expands Executive Team with CIO Addition

    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 Chief Information Officer, effective immediately. Mr. Rider brings over 25 years of technology experience to MariMed and has held multiple senior leadership positions across various industries, with a consistent focus on supporting global business operations.

  • Benzinga

    The Week In Cannabis: Illinois Goes Rec, Federal Commerce And Banking Bills, Surterra's $100M Raise And More

    While cannabis wasn’t really a hot topic in the Democratic presidential debate last week, it was trending in the news after Illinois Gov. J. B. Pritzker printed his autograph on the legalization bill, making the state the 11th to legalize adult-use marijuana. “The bill also includes a ‘social equity program,’ which makes it easier for those with marijuana convictions to get business licenses and the program also allocates $12 million for startup businesses related to cannabis,” she said. Another bill that would provide protections to banks that service legal cannabis businesses was passed in the House and is now in Senators’ hands.

  • GlobeNewswire

    MariMed Hemp to Host Educational Seminar

    MariMed Inc. (MRMD) a leading multi-state cannabis operator focused on health and wellness, today announced that its MariMed Hemp division will be hosting an educational seminar for medical practitioners and researchers in Puerto Rico. This event is part of the company’s broader corporate initiative to foster greater awareness and appreciation in the medical community of established and potential benefits of cannabis and hemp for a range of health and wellness applications. On June 29, 2019, MariMed Hemp, Inc. will sponsor and host an educational and product information seminar for physicians and local industry leaders.

  • GlobeNewswire

    MariMed, Inc. Appoints New Independent Director

    As a Director, he will serve as Chair of MariMed’s Audit Committee. Presently he serves as Chief Financial Officer of True Drinks Holdings, Inc. From September 2018 to May 2019, Mr. Allen served as Chief Financial Officer of Iconic Brands, Inc. Prior to that, from December 2014 to January 2018, Mr. Allen served as the Chief Financial Officer of WPCS International, Inc. From 2007 to 2013, Mr. Allen served as the Chief Financial Officer and Executive Vice President of Administration at Converted Organics, Inc., after serving as audit committee chair on the board of Converted Organics. Mr. Allen is currently an Assistant Professor of Accounting at Southern Connecticut State University (SCSU), a position he has held since 2017.

  • Better Marijuana Stock: MariMed vs. Village Farms
    Motley Fool

    Better Marijuana Stock: MariMed vs. Village Farms

    Which stock wins in a matchup between a top U.S. cannabis operator and a fast-growing Canadian cannabis producer?

  • GlobeNewswire

    MariMed, Inc. Seeking New Independent Director Candidate

    MariMed Inc. continues to experience the positive fundamental trends in its operating results as reported over the last several quarters, driven by executing its strategic plan for expansion on many fronts in both the cannabis and hemp-based CBD markets. This former director had no involvement in the day to day management or operations of the Company and his departure had been anticipated for some time. The Company is actively looking to replace him and has identified several qualified candidates.

  • GlobeNewswire

    MariMed, Inc. Launches New Website

    Penelope Finnie, Senior Vice President of Marketing and Branding at MariMed, stated, “Over the past year, MariMed has expanded beyond its advisory service origins with new sales and production facilities, product expansion, strategic acquisitions, key executive hires, and the launch of a wholly-owned subsidiary, MariMed Hemp, focused on hemp-based CBD markets. MariMed, Inc. is dedicated to improving health and wellness with the highest quality hemp and cannabis products. The company offers a full range of cannabis products, operates state of the art cannabis dispensaries in six states, and has a separate division, MariMed Hemp, focused on the development of industrial hemp-derived CBD products.

  • PR Newswire

    Cannastocks2019 Investor Conference & Webinar Now Available for On-Demand Viewing

    Individual and institutional investors as well as advisors are invited to log-on to VirtualInvestorConferences.com to view presentations NEW YORK , May 17, 2019 /PRNewswire/ -- Virtual Investor Conferences, ...

  • CNW Group

    Cannastocks2019 Live-Stream Investor Conference & Webinar May 15th

    Cannastocks2019 Live-Stream Investor Conference & Webinar May 15th

  • GlobeNewswire

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

    NORWOOD, MA, May 13, 2019 (GLOBE NEWSWIRE) --  MariMed Inc. (MRMD) one of the largest multi-state cannabis operators in the US, today announced 2019 first quarter results for the period ending March 31, 2019. Continued Strong Revenue Growth and Improved Operating Performance - In the first quarter ended March 31, 2019, revenues grew 69% to $3.5 million, compared to $2.1 million for the first quarter of 2018.  Gross profit grew 90% to $2.2 million vs. $1.2 million for the first quarter of 2018 compared to the same period in 2018.

  • Better Marijuana Stock: HEXO vs. MariMed
    Motley Fool

    Better Marijuana Stock: HEXO vs. MariMed

    Which stock wins in a matchup between an up-and-coming Canadian marijuana producer and a leading U.S. medical cannabis operator?