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MariMed OTCPK:MRMD Stock Report

Last Price

US$0.19

Market Cap

US$72.3m

7D

-1.5%

1Y

-51.9%

Updated

23 Jun, 2024

Data

Company Financials +

MRMD Stock Overview

Engages in cultivation, production, and dispensing of medicinal and recreational cannabis in the United States and internationally.

MRMD fundamental analysis
Snowflake Score
Valuation5/6
Future Growth1/6
Past Performance0/6
Financial Health1/6
Dividends0/6

MariMed Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for MariMed
Historical stock prices
Current Share PriceUS$0.19
52 Week HighUS$0.55
52 Week LowUS$0.18
Beta2.68
11 Month Change-20.83%
3 Month Change-29.60%
1 Year Change-51.90%
33 Year Change-80.81%
5 Year Change-90.59%
Change since IPO-52.50%

Recent News & Updates

Recent updates

Shareholder Returns

MRMDUS PharmaceuticalsUS Market
7D-1.5%1.0%0.5%
1Y-51.9%17.7%23.9%

Return vs Industry: MRMD underperformed the US Pharmaceuticals industry which returned 17.7% over the past year.

Return vs Market: MRMD underperformed the US Market which returned 23.9% over the past year.

Price Volatility

Is MRMD's price volatile compared to industry and market?
MRMD volatility
MRMD Average Weekly Movement10.1%
Pharmaceuticals Industry Average Movement9.6%
Market Average Movement5.7%
10% most volatile stocks in US Market15.4%
10% least volatile stocks in US Market2.8%

Stable Share Price: MRMD's share price has been volatile over the past 3 months.

Volatility Over Time: MRMD's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
2011682Jon Levinewww.marimedinc.com

MariMed Inc. engages in cultivation, production, and dispensing of medicinal and recreational cannabis in the United States and internationally. The company sells flowers and concentrates under the Nature’s Heritage brand; and soft and chewy baked goods and a hot chocolate mix under Bubby’s Baked brand; and drink mix under Vibations brand. It also offers chewable cannabis-infused mint tablet under the brand Kalm Fusion; and flower, vapes, and edibles under InHouse brand.

MariMed Inc. Fundamentals Summary

How do MariMed's earnings and revenue compare to its market cap?
MRMD fundamental statistics
Market capUS$72.26m
Earnings (TTM)-US$16.68m
Revenue (TTM)US$152.15m

0.5x

P/S Ratio

-4.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MRMD income statement (TTM)
RevenueUS$152.15m
Cost of RevenueUS$85.15m
Gross ProfitUS$67.00m
Other ExpensesUS$83.69m
Earnings-US$16.68m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.044
Gross Margin44.04%
Net Profit Margin-10.97%
Debt/Equity Ratio78.0%

How did MRMD perform over the long term?

See historical performance and comparison
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