Streetbeat News

MRMD

MariMed Inc

Employees

326

Industry

Medicinal and Botanical Manufacturing

Open

0.16

Mkt cap

59M

Volume

18K

High

0.16

P/E Ratio

-5.17

52-wk high

0.39

Low

0.15

Div yield

N/A

52-wk low

0.14

On July 19, 2023, several cannabis stocks experienced significant price movements. Notable gainers include Target Group (OTC:CBDY), Hemp (OTC:HEMP), and GrowLife (OTC:PHOT), with shares closing up 220.00%, 100.00%, and 54.64% respectively. On the other hand, Earth Science Tech (OTC:ETST), Stem Holdings (OTC:STMH), and Conservative Broadcast (OTC:CBMJ) were among the biggest losers, with shares closing down 52.17%, 28.57%, and 18.64% respectively.

Portfolio Pulse from Benzinga Insights

July 19, 2023 | 9:30 pm

The article lists the cannabis stocks that gained and lost on July 18, 2023. The biggest gainers were Earth Science Tech (OTC:ETST), MPX International (OTC:MPXOF), and Target Group (OTC:CBDY), while the biggest losers were Australis Capital (OTC:AUSAF), Tetra Bio Pharma (OTC:TBPMF), and Global Hemp Group (OTC:GBHPF).

Portfolio Pulse from Benzinga Insights

July 18, 2023 | 9:30 pm

The article lists the cannabis stocks that gained and lost on July 14, 2023. Notable gainers include Beleave (OTC:BLEVF), Gaby (OTC:GABLF), and Global Compliance (OTC:FUAPF). Major losers include AusCann Group Holdings (OTC:ACNNF), Target Group (OTC:CBDY), and Choom Holdings (OTC:CHOOF).

Portfolio Pulse from Benzinga Insights

July 14, 2023 | 9:30 pm

Marijuana stocks experienced a bullish Thursday with Choom Holdings, EVIO, MPX International, Psychemedics, Canopy Gwth, Auxly Cannabis Group, MJ Holdings, Cansortium, Blueberries Medical, GreenGro Technologies, iAnthus Capital Hldgs, 22nd Century Group, Item 9 Labs, Cannabix Technologies, EnWave, RIV Capital, OrganiGram Holdings, Tilray Brands, Mexco Energy, Trulieve Cannabis, MariMed, C21 Investments, Curaleaf Holdings, and Cara Therapeutics among the top gainers. On the other hand, Gaby, Tetra Bio Pharma, Global Compliance, Body and Mind, CNBX Pharmaceuticals, Urban-gro, SOL Glb Inv, Rocky Mountain High, MGC Pharmaceuticals, Heritage Cannabis Holding, Elixinol Wellness, CV Sciences, Khiron Life Sciences, MedMen Enterprises, Trees, and Eastside Distilling closed down.

Portfolio Pulse from Benzinga Insights

July 13, 2023 | 9:30 pm

MariMed (OTCQX:MRMD) (CSE:MRMD) staged a protest against Section 280E of the Internal Revenue Service Code, which they claim unfairly burdens the cannabis industry with higher taxes. The protest involved a reenactment of the Boston Tea Party, with executives and team members throwing cargo chests labeled 'WEED' overboard from a boat in Boston Harbor. MariMed's stance on 280E is supported by a growing number of U.S. Congressmen and women.

Portfolio Pulse from Vuk Zdinjak

July 13, 2023 | 12:55 pm

MariMed (OTCQX:MRMD), a Massachusetts-based cannabis company, is hosting the 'Boston 280E THC Party' to protest against Section 280E of the Internal Revenue Code, which prevents cannabis companies from deducting customary business expenses. This results in higher prices for consumers as companies are taxed on their gross profits. The protest will take place on July 12 aboard the Liberty Star schooner at Boston's Central Wharf.

Portfolio Pulse from Vuk Zdinjak

July 11, 2023 | 1:53 pm

On June 28, 2023, TerrAscend, MariMed, and 4Front Ventures saw their shares rise by 3.88%, 3.67%, and 3.55% respectively. On the other hand, Cara Therapeutics, Canopy Gwth, 22nd Century Group, and OrganiGram Holdings saw their shares fall by 12.68%, 8.88%, 7.14%, and 4.26% respectively.

Portfolio Pulse from Benzinga Insights

June 28, 2023 | 9:30 pm

New cannabis experiences are emerging in the US, including cannabis yoga classes, retreats, and new dispensaries. Companies such as Trulieve Cannabis Corp., Cresco Labs Inc., and Body and Mind Inc. are expanding their retail presence.

Portfolio Pulse from Jelena Martinovic

June 26, 2023 | 12:58 pm

Several cannabis companies have introduced new products, including Canopy Growth's new flower strains, Green Thumb Industries' limited-edition gummies, MariMed's cannabis fruit chews, Decibel Cannabis Company's pre-rolls, and Organigram Holdings' infused pre-rolls. These offerings cater to both connoisseurs and casual enthusiasts, providing a range of options to enhance their summer experiences.

Portfolio Pulse from Joana Scopel

June 23, 2023 | 6:50 pm

On June 12, 2023, marijuana stocks experienced significant price movements, with iAnthus Capital, BioHarvest Sciences, Canopy Growth, Aurora Cannabis, Tilray Brands, Cronos Group, and GrowGeneration closing up, while 4Front Ventures, Green Thumb Industries, and MariMed closed down.

Portfolio Pulse from Benzinga Insights

June 12, 2023 | 9:30 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.