MariMed Inc. (MRMD)
MariMed Inc. operates in the Drug Manufacturers - Specialty & Generic industry of the Healthcare sector, headquartered in Norwood, MA, US. The stock last traded at $0.06, down 8.49% on the session, giving a market capitalisation of $25.5M. On trailing twelve-month figures it carries a trailing P/E of -1.99, a net margin of -7.8%. Its beta of 1.33 implies it has historically moved more than the broad market.
MariMed Inc. operates in the cannabis industry, specializing in the cultivation, production, and sale of both medicinal and adult-use cannabis items throughout the United States and internationally. The company's diverse product portfolio includes cannabis flowers and concentrates marketed under the Nature's Heritage brand. It also offers infused goods such as chewable tablets and powdered drink mixes under the Kalm Fusion label, natural fruit chews known as Betty's Eddies, and a line of baked treats like brownies and cookies available through Bubby's Baked. Furthermore, MariMed develops cannabidiol (CBD) products under the Florance brand. Beyond its own offerings, the company licenses its various brands and product formulations to others and leases facilities designed for cannabis operations. MariMed Inc., founded in 2011, is based in Norwood, Massachusetts.
MariMed Inc. is most often compared with the following Healthcare names: