Streetbeat News

MRMD

MariMed Inc

Employees

326

Industry

Medicinal and Botanical Manufacturing

Open

0.16

Mkt cap

60M

Volume

225K

High

0.17

P/E Ratio

-3.15

52-wk high

0.39

Low

0.15

Div yield

N/A

52-wk low

0.14

Howard Schacter discussed the importance of product consistency and quality for MSOS in the cannabis industry, emphasizing growth in high-growth limited license markets and the critical role of regulations.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 2:29 pm

At Benzinga's Cannabis Capital Conference, MariMed CCO Howard Schacter discussed the challenges of maintaining product consistency in the cannabis industry. He emphasized the importance of investing in training teams, kitchen, and operations to ensure the delivery of consistent products, even if packaging varies.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 2:26 pm

The article reports on the significant gainers and losers among cannabis stocks for April 16, 2024. Notable gainers include Global Hemp Group, Heritage Cannabis Holding, and Indiva, with increases of 66.67%, 28.57%, and 24.32% respectively. On the losing end, Item 9 Labs, Zoned Props, and Greenlane Holdings saw declines of 33.33%, 18.33%, and 12.44%. The article highlights the volatility in the cannabis sector, with several companies experiencing notable changes in their stock prices.

Portfolio Pulse from Benzinga Insights

April 16, 2024 | 8:30 pm

Marijuana stocks saw significant movement on April 11, 2024, with notable gainers including Belgravia Hartford Cap, Item 9 Labs, and Greenlane Holdings, among others. Losers for the day included Target Group, Rocky Mountain High, and Canopy Growth. The movements reflect the volatile nature of the marijuana stock market.

Portfolio Pulse from Benzinga Insights

April 11, 2024 | 8:30 pm

MariMed Inc. has expanded its presence in the cannabis industry by acquiring Allgreens Dispensary in Illinois and entering a marketing partnership with two iconic music venues in Boston. The acquisition, approved by the Illinois Department of Financial & Professional Regulation, marks MariMed's fifth dispensary in Illinois and is part of its strategy to consolidate its financial results and expand its retail footprint. The company also acquired operating assets in Maryland, emphasizing its strategic priority to maximize its footprint there. Additionally, MariMed's marketing partnership with MGM Music Hall Fenway and Citizens House of Blues Boston positions its Nature's Heritage brand as the exclusive cannabis sponsor, aiming to connect with music fans.

Portfolio Pulse from Jelena Martinovic

April 11, 2024 | 2:14 pm

Cannabis stocks experienced significant movements on April 10, 2024, with notable gainers including Khiron Life Sciences, Heritage Cannabis, and Village Farms International. Losers of the day included Item 9 Labs, SOL Global Investments, and Scotts Miracle Gro. The movements reflect volatility in the cannabis market, impacting investors and companies alike.

Portfolio Pulse from Benzinga Insights

April 10, 2024 | 8:30 pm

MariMed (OTCQX:MRMD) has acquired the operating assets of Our Community Wellness & Compassionate Care Center in Maryland, marking its second adult-use Thrive Wellness dispensary in the state. The company paid the state's adult-use conversion fee and received an adult-use license. The dispensary, closed since July 1, 2023, is expected to reopen for adult-use retail sales by the end of Q2, pending regulatory approvals. MariMed aims to maximize its footprint in Maryland, a high-growth market, and plans to seek additional dispensary acquisitions.

Portfolio Pulse from Nina Zdinjak

April 10, 2024 | 1:14 pm

Cannabis stocks experienced significant movements on April 4, 2024, with notable gainers including Choom Holdings, Target Group, and Heritage Cannabis Holding. Conversely, CNBX Pharmaceuticals and Global Compliance led the losers. The volatility reflects ongoing market adjustments within the cannabis sector.

Portfolio Pulse from Benzinga Insights

April 04, 2024 | 8:30 pm

Cannabis stocks experienced significant movements on April 3, 2024, with notable gainers including Australis Capital, Aurora Cannabis, and Canopy Growth, among others. Conversely, Heritage Cannabis Holding and Global Hemp Group led the losers. The movements reflect volatile market conditions in the cannabis sector.

Portfolio Pulse from Benzinga Insights

April 03, 2024 | 8:30 pm

The article reports significant movements in cannabis stocks on April 1, 2024, listing both gainers and losers. Notable gainers include Global Compliance, Global Hemp Group, and Emeren Group, with increases of 28.71%, 28.00%, and 21.76% respectively. Major losers include GreenGro Technologies, Cann Gr, and CordovaCann, with decreases of 99.00%, 85.03%, and 19.49% respectively. The article highlights the volatility in the cannabis sector, impacting a wide range of companies listed on various exchanges.

Portfolio Pulse from Benzinga Insights

April 01, 2024 | 8:30 pm

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