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MariMed Inc - MRMD STOCK NEWS

Welcome to our dedicated news page for MariMed (Ticker: MRMD), a resource for investors and traders seeking the latest updates and insights on MariMed.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect MariMed's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of MariMed's position in the market.

Rhea-AI Summary
MariMed Inc. completes the acquisition of Allgreens Dispensary, , enhancing its presence in the Illinois cannabis market. The acquisition allows MariMed to consolidate the financial results of its Thrive-branded dispensary in Casey, Illinois, attracting tourists with unique attractions. MariMed plans to expand its retail locations in Illinois, capitalizing on the growing adult-use cannabis market.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.63%
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Rhea-AI Summary
MariMed Inc. announces a marketing partnership with MGM Music Hall Fenway and Citizens House of Blues Boston, making Nature’s Heritage the Exclusive Cannabis Sponsor. The partnership aims to connect with music fans through onsite experiences, video screens, and digital ad space, enhancing brand visibility at live music events.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.25%
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partnership
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Rhea-AI Summary
MariMed Inc. announced the acquisition of Medleaf's operating assets in Maryland, obtaining an adult-use license for retail cannabis sales. The company aims to reopen the dispensary in the second quarter, expanding its presence in the high-growth Maryland market.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.6%
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Rhea-AI Summary
MariMed Inc. announces the release of its first quarter 2024 financial results on May 8, 2024, followed by a conference call on May 9, 2024, to discuss the financial performance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.11%
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Rhea-AI Summary
MariMed Inc. announces the opening of a larger Thrive dispensary in Casey, Illinois, benefiting from its strategic location near the Indiana border and tourist attractions. The company aims to expand its presence in Illinois, a high-growth state for cannabis sales.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-11.14%
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none
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Rhea-AI Summary
MariMed Inc. announces the pending acquisition of a dispensary in Upper Marlboro, Maryland, expanding its footprint. The company reported strong financial performance for the fourth quarter and year ended December 31, 2023, with record revenue generation and positive adjusted EBITDA. Financial highlights include revenue of $148.6 million for the year, GAAP gross margin of 44%, and non-GAAP adjusted EBITDA of $24.7 million.
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Rhea-AI Sentiment
End-of-Day
-2.08%
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Rhea-AI Summary
Betty’s Eddies launches Ache Away Eddies PM, an orange creme fruit chew aimed at easing inflammation and promoting restful sleep. The product combines full spectrum cannabis with supporting cannabinoids and herbal supplements. Available in March at MariMed dispensaries and other retailers in multiple states.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.25%
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none
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Rhea-AI Summary
Vibations, a cannabis and electrolyte drink mix, introduces new flavors and a faster 15-minute onset time. Developed by MariMed Inc., the product now offers seven flavors, including caffeine-free and sleep-promoting options, all made with natural ingredients. The drink combines full-spectrum cannabis, hydrating electrolytes, and natural caffeine or cannabinoids for focus, energy, and improved sleep. Vibations targets active cannabis consumers and will be available in various states.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.5%
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none
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Rhea-AI Summary
MariMed Inc. will report its Q4 and full year 2023 financial results on March 6, 2024, followed by a conference call on March 7, 2024. The company aims to discuss its financial performance and provide a webcast for investors.
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Rhea-AI Sentiment
End-of-Day
-3.44%
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Rhea-AI Summary
MariMed Inc. has started 2024 on a high note, with multiple awards for its cannabis products at regional awards shows. Vibations™ cannabis and electrolyte drink mix won first place in the Edibles: Beverages category at the 2023 High Times Cannabis Cup in Massachusetts, while Brownie Bites and Sherb Cake Live Resin also earned second place honors. Additionally, Betty’s Eddies fruit chews were named Favorite Edible at the 2024 Maryland Cannabis Awards, and Nature’s Heritage Rick Simpson Oil (RSO) was named Favorite RSO in the state. MariMed also swept the top two places as the industry’s Favorite Brand Ambassador in Maryland, with Samantha Elliott taking first place and Amanda Cruzado as runner-up. CEO Jon Levine expressed pride in the recognition, emphasizing the company's commitment to creating high-quality products that consumers love.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.79%
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none
MariMed Inc

OTC:MRMD

MRMD Rankings

MRMD Stock Data

95.66M
337.25M
16.01%
0.78%
Medicinal and Botanical Manufacturing
Manufacturing
Link
United States
Norwood