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 8, 2024, several cannabis-related stocks experienced significant price movements. Notable gainers included CordovaCann, iAnthus Capital Holdings, Psychemedics, Aurora Cannabis, and Corbus Pharmaceuticals. Conversely, Greenlane Holdings and SOL Global Investments were among the notable losers.

Portfolio Pulse from Benzinga Insights

August 08, 2024 | 8:30 pm

MariMed reported a 10.7% QoQ revenue growth for Q2 2024, reaching $40.4 million. The company also appointed Mario Pinho as the new CFO and closed the acquisition of Allgreens Dispensary in Illinois. Despite a net loss of $1.64 million, MariMed remains confident in achieving its 2024 financial targets.

Portfolio Pulse from Nina Zdinjak

August 08, 2024 | 12:07 pm

On August 6, 2024, several marijuana stocks experienced significant price movements. Notable gainers included Elixinol Wellness, AusCann Group Holdings, and CNBX Pharmaceuticals, while Leafbuyer Techs and RIV Capital were among the biggest losers. The article highlights the performance of various US-listed companies and OTC stocks in the marijuana sector.

Portfolio Pulse from Benzinga Insights

August 06, 2024 | 8:30 pm

As Ohio begins recreational cannabis sales on August 6, Pablo Zuanic of Zuanic & Associates has initiated coverage of Vext Science (OTC:VEXTF) with an Overweight rating, citing significant growth potential. Zuanic projects Vext's EBITDA could grow six-fold by CY26. The Ohio market is expected to reach $2.36 billion by 2026. Despite trading in line with the MSO average, Vext's stock valuation does not yet reflect the expected EBITDA ramp. Other MSOs mentioned include Acreage (OTCQX:ACRHF), Cannabist (CSE:CCHW), Ascend (OTC:AAWH), Cresco (OTC:CRLBF), Green Thumb (OTCQX:GTBIF), and MariMed (OTCQB:MRMD).

Portfolio Pulse from Nicolás Jose Rodriguez

August 05, 2024 | 11:52 pm

On August 2, 2024, several marijuana stocks experienced significant price movements. Notable gainers included CordovaCann, CNBX Pharmaceuticals, Urban-gro, Zelira Therapeutics, Greenlane Holdings, Psychemedics, cbdMD, and others. Conversely, Elixinol Wellness, Affinor Growers, Pharmadrug, Kaya Holdings, 4Front Ventures, and several other stocks saw declines.

Portfolio Pulse from Benzinga Insights

August 02, 2024 | 8:30 pm

Cannabis stocks showed significant movement on August 1, 2024, with notable gainers including Maple Leaf Green World, Heritage Cannabis Holding, and 22nd Century Group. Conversely, Elixinol Wellness, Zelira Therapeutics, and Canopy Growth were among the biggest losers.

Portfolio Pulse from Benzinga Insights

August 01, 2024 | 8:30 pm

The article reports on the performance of various cannabis stocks on July 31, 2024. Notable gainers include Elixinol Wellness, AusCann Group Holdings, and Scotts Miracle Gro, while significant losers include Empower Clinics, Pharmadrug, and Psychemedics.

Portfolio Pulse from Benzinga Insights

July 31, 2024 | 8:30 pm

Marijuana stocks experienced a bullish Friday with significant gains for several companies. Notable gainers include GreenGro Technologies, Leafbuyer Techs, and Blueberries Medical. Psychemedics, Cara Therapeutics, and SNDL also saw positive movements. On the other hand, SOL Global Investments and Pharmadrug were among the notable losers.

Portfolio Pulse from Benzinga Insights

July 26, 2024 | 8:30 pm

The Bob Fireman Award for Entrepreneurship will be presented at the Benzinga Cannabis Capital Conference in Chicago on October 8-9, 2024. This award honors the late co-founder and CEO of MariMed, Robert “Bob” Fireman, and recognizes cannabis executives who embody his passion and commitment to the industry. The nomination process is open until August 23, and the winner will be announced during the conference.

Portfolio Pulse from Javier Hasse

July 18, 2024 | 7:35 pm

The cannabis sector saw significant movements on July 16, 2024, with several stocks experiencing notable gains and losses. Key gainers included Pharmadrug, Heritage Cannabis Holding, and Cara Therapeutics, while MJ Holdings and Leafbuyer Techs were among the biggest losers.

Portfolio Pulse from Benzinga Insights

July 16, 2024 | 8:30 pm

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