Marimed Inc (MRMD)

$0.07 0.00 (-1.22%)
Market Cap 29.46M
Revenue (ttm) 159.83M
Net Income (ttm) -14.48M
EPS (ttm) N/A
PE Ratio 0.00
Forward PE N/A
Profit Margin -9.06%
Debt to Equity Ratio 1.74
Volume 610,600
Avg Vol 452,944
Day's Range N/A - N/A
Shares Out 402.96M
Stochastic %K 21%
Beta 1.35
Analysts Strong Buy
Price Target $0.25

Company Profile

MariMed Inc. engages in cultivation, production, and selling of branded cannabis products in the United States. The company sells cannabis flower, vapes, and concentrates under the Nature's Heritage brand; and cannabis fruit chews that delivers better sleep, pain relief, stress relief, and others under Betty's Eddies brand. It offers soft and chewy baked goods and a hot chocolate mix under Bubby's Baked brand; cannabis-infused hydrating drink mix for discrete and on-the-go consumption under Viba...

Industry: Drug Manufacturers - Specialty & Generic
Sector: Healthcare
Phone: 781 277 0007
Address:
10 Oceana Way, Norwood, United States
Booogah
Booogah Sep. 19 at 4:16 PM
$MRMD
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Booogah
Booogah Sep. 19 at 4:15 PM
$MRMD
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ackerman2436
ackerman2436 Sep. 19 at 3:37 PM
$MRMD Uplisting requirements to NYSE or NASDAQ. Need to have a minimum I believe 2-5 dollar price depending on the exchange for 90 days I believe prior to uplisting
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Booogah
Booogah Sep. 19 at 3:23 PM
$MRMD
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Choochy
Choochy Sep. 19 at 3:18 PM
$MRMD
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Choochy
Choochy Sep. 19 at 3:18 PM
$MRMD @skepticalbee
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Booogah
Booogah Sep. 19 at 2:52 PM
$MRMD
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skepticalbee
skepticalbee Sep. 19 at 2:59 AM
$MRMD Sorry, your assumptions are wrong. An r/s isn't in of itself dilutive. In your math, 571 is the number of shares you'd have after a 1:50 r/s, but each share would be worth 50 times what it was the moment before an r/s, preserving the original $20,000 value... ...at least until a sell-off, which does often accompany an rs, in part bc investors know ATM issuance/dilution often follows an r/s. But they don't have to.
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Choochy
Choochy Sep. 18 at 10:00 PM
$MRMD
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Booogah
Booogah Sep. 18 at 9:58 PM
$MRMD
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Latest News on MRMD
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Booogah
Booogah Sep. 19 at 4:16 PM
$MRMD
0 · Reply
Booogah
Booogah Sep. 19 at 4:15 PM
$MRMD
0 · Reply
ackerman2436
ackerman2436 Sep. 19 at 3:37 PM
$MRMD Uplisting requirements to NYSE or NASDAQ. Need to have a minimum I believe 2-5 dollar price depending on the exchange for 90 days I believe prior to uplisting
0 · Reply
Booogah
Booogah Sep. 19 at 3:23 PM
$MRMD
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Choochy
Choochy Sep. 19 at 3:18 PM
$MRMD
1 · Reply
Choochy
Choochy Sep. 19 at 3:18 PM
$MRMD @skepticalbee
0 · Reply
Booogah
Booogah Sep. 19 at 2:52 PM
$MRMD
2 · Reply
skepticalbee
skepticalbee Sep. 19 at 2:59 AM
$MRMD Sorry, your assumptions are wrong. An r/s isn't in of itself dilutive. In your math, 571 is the number of shares you'd have after a 1:50 r/s, but each share would be worth 50 times what it was the moment before an r/s, preserving the original $20,000 value... ...at least until a sell-off, which does often accompany an rs, in part bc investors know ATM issuance/dilution often follows an r/s. But they don't have to.
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Choochy
Choochy Sep. 18 at 10:00 PM
$MRMD
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Booogah
Booogah Sep. 18 at 9:58 PM
$MRMD
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Scott1023
Scott1023 Sep. 18 at 9:15 PM
$MRMD I’ll tell you way they want to do a min of a 50:1 RS. At 50:1, that gets the OS count down to 8 million shares. That gives them plenty of room to start the dilution all over again. They can immediately start dumping shares for more money to continue “expansion”; at the shared holders expense of course. You can count on it! I can tell you I won’t be stupid enough to be around though!
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Choochy
Choochy Sep. 18 at 8:27 PM
$MRMD they will not buy back shares. Why, when they can just RS it, wait a little bit and then issue their selves more stock under the “compensation plan”? That’s how these pos scam artist operate and Jon is probably the biggest artist of the bunch.
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Booogah
Booogah Sep. 18 at 8:25 PM
$MRMD
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Choochy
Choochy Sep. 18 at 8:22 PM
$MRMD
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Scott1023
Scott1023 Sep. 18 at 8:21 PM
$MRMD why 50:1 (min)? Why not 10:1? That would be at least manageable. $20,000/0.7‎ = 28,571.429 28,571.43/10‎ = 2,857.143 $20,000/2857.14‎ = 7.00 That would leave that at 40,000,000 shares OS, which is an acceptable level, and would only require them to get to $7/share. They could do that (I think). This way people would even have a chance at breaking even. But no, Jon is a total POS!
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Booogah
Booogah Sep. 18 at 8:21 PM
$MRMD
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Scott1023
Scott1023 Sep. 18 at 8:01 PM
$MRMD so all the people that came along back when Bob was alive and the company was profitable, bought in, giving the company their money to grow the company are fucked. Example. Back then they were sitting around $0.7 (or higher). Let say you bought $20,000 worth of stock. Assuming the minimum 50:1 RS. $20,000/0.7‎ = 28,571.429 28,571.43/50‎ = 571.429 20,000/571.43‎ = 35 They will never get to $35! I mean who wouldn’t buy in back then? Company was 1) profitable, 2) pretty low float. Obviously well managed and doing good. The Jon took over and started diluting the crap out of the stock, and no longer making a profit!
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Choochy
Choochy Sep. 18 at 7:59 PM
$MRMD
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Booogah
Booogah Sep. 18 at 7:57 PM
$MRMD
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Space8611
Space8611 Sep. 18 at 7:57 PM
$MRMD well at least you’re getting laid!
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Scott1023
Scott1023 Sep. 18 at 7:23 PM
$MRMD the filing ask for 50:1 to 100:1. They control all voting power so yes we are fucked just as we all knew.
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Scott1023
Scott1023 Sep. 18 at 7:22 PM
$MRMD here is the SEC filing for the RS. https://www.sec.gov/Archives/edgar/data/1522767/000152276726000175/proxydocument2026specialme.htm
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