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 August 21, 2024, several cannabis stocks experienced significant price movements. Notable gainers included Eastside Distilling (NASDAQ:EAST) with a 31.87% increase and Corbus Pharmaceuticals (NASDAQ:CRBP) with a 7.45% rise. Among the losers, Greenlane Holdings (NASDAQ:GNLN) saw a 12.31% decline and Urban-gro (NASDAQ:UGRO) dropped by 11.56%.

Portfolio Pulse from Benzinga Insights

August 21, 2024 | 8:30 pm

The cannabis and psychedelics industries are experiencing significant executive changes. Canopy Growth's CEO David Klein will retire in 2025, while Curaleaf's Boris Jordan will become CEO in 2024. Village Farms extended CEO Michael DeGiglio's contract, and MariMed appointed Mario Pinho as CFO. Several companies, including Aurora Cannabis and Agrify, have made board changes.

Portfolio Pulse from Jelena Martinovic

August 21, 2024 | 2:35 pm

On August 20, 2024, several marijuana-related stocks experienced significant price movements. Notable gainers included Flowr, Pharmadrug, and Global Hemp Group, while significant losers included Blueberries Medical, Body and Mind, and MariMed. Emeren Group and Mexco Energy also saw notable gains.

Portfolio Pulse from Benzinga Insights

August 20, 2024 | 8:30 pm

Marijuana stocks experienced a bullish Monday with several companies seeing significant gains, including Leafbuyer Techs and Pharmadrug. However, some stocks like AusCann Group Holdings and Greenlane Holdings saw declines.

Portfolio Pulse from Benzinga Insights

August 19, 2024 | 8:30 pm

Pablo Zuanic of Zuanic & Associates analyzed the Q2 2024 performance of Verano Holdings, Green Thumb Industries, and MariMed Inc. Verano saw a 6% revenue increase due to strategic acquisitions, Green Thumb's revenue grew 10% with strong free cash flow, and MariMed reported a 4% revenue increase with a focus on organic growth.

Portfolio Pulse from Nicolás Jose Rodriguez

August 16, 2024 | 10:30 pm

Marijuana stocks experienced significant movements on Friday, with Australis Capital and Green Growth Brands among the top gainers and losers, respectively. Notable gainers include GrowGeneration and Cara Therapeutics, while Greenlane Holdings and Urban-gro were among the notable losers.

Portfolio Pulse from Benzinga Insights

August 16, 2024 | 8:30 pm

On August 15, 2024, several cannabis stocks experienced significant price movements. Notable gainers included Leafbuyer Techs, CLS Holdings USA, and Kaya Holdings, while Australis Capital and Greenlane Holdings were among the biggest losers.

Portfolio Pulse from Benzinga Insights

August 15, 2024 | 8:30 pm

Cannabis stocks showed significant movement on August 13, 2024, with notable gainers including Psychemedics (NASDAQ:PMD), OrganiGram Holdings (NASDAQ:OGI), SNDL (NASDAQ:SNDL), Village Farms Intl (NASDAQ:VFF), GrowGeneration (NASDAQ:GRWG), Canopy Growth (NASDAQ:CGC), and Tilray Brands (NASDAQ:TLRY). On the losing side, Greenlane Holdings (NASDAQ:GNLN) and Mexco Energy (AMEX:MXC) experienced declines.

Portfolio Pulse from Benzinga Insights

August 13, 2024 | 8:30 pm

MariMed Inc. (OTC:MRMD) CEO Jon Levine discussed the company's strong Q2 performance, expansion plans, and future growth strategies during a fireside chat. MariMed is focusing on key markets like Maryland, Massachusetts, Illinois, and Ohio, and is exploring M&A and licensing opportunities. Levine expressed optimism about cannabis rescheduling within the next 12 months.

Portfolio Pulse from Nicolás Jose Rodriguez

August 12, 2024 | 11:19 pm

On August 12, 2024, several cannabis stocks experienced significant price movements. Greenlane Holdings (NASDAQ:GNLN) saw a massive increase of 316.84%, closing at $11.50. Other notable gainers included Psychemedics (NASDAQ:PMD) and Genetic Technologies (NASDAQ:GENE). On the losing side, Global Hemp Group (OTC:GBHPF) dropped 53.79%, and cbdMD (AMEX:YCBD) fell 17.18%.

Portfolio Pulse from Benzinga Insights

August 12, 2024 | 8:30 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.