Welcome to our dedicated page for Marimed SEC filings (Ticker: MRMD), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
MariMed Inc. filings document formal disclosures for a cannabis consumer products and retail operator, including annual-meeting governance, operating results and material capital-structure agreements. Recent Form 8-K reports furnish quarterly and annual financial results and describe the restructuring of the company's Series B Convertible Preferred Stock obligation, including related debt and equity components.
Proxy materials disclose stockholder meeting procedures and board-governance matters. The filings also identify MariMed's emerging growth company status and provide public records for transactions, obligations and reporting events connected to its cannabis brand, wholesale distribution and dispensary operations.
MARIMED INC. Chief Commercial Officer Ryan Crandall reported receiving a grant of 131,250 Restricted Stock Units (RSUs), each representing one share of common stock. The RSUs were awarded at a price of $0.00 per unit as equity compensation.
The RSUs convert to common stock on a one-for-one basis and will vest in four equal installments on July 15, 2026, October 15, 2026, January 15, 2027, and April 15, 2027. Following this grant, Crandall directly holds 879,634 shares of common stock and 131,250 RSUs.
MariMed Inc. Chief Financial Officer Mario Pinho received a grant of 153,125 Restricted Stock Units (RSUs) on April 15, 2026. The RSUs convert into common stock on a one-for-one basis. They vest in four equal installments on July 15, 2026, October 15, 2026, January 15, 2027 and April 15, 2027.
Following these transactions, Pinho directly holds 277,485 shares of MariMed common stock, alongside the new RSU award, reflecting his updated equity-based compensation and ownership position.
Levine Jon R reported acquisition or exercise transactions in this Form 4 filing.
MariMed Inc. President and CEO Jon R. Levine received a grant of 122,500 Restricted Stock Units (RSUs), each convertible into one share of common stock. The RSUs will vest in four equal installments on July 15, 2026, October 15, 2026, January 15, 2027, and April 15, 2027. After this grant, he holds 21,158,974 shares of common stock directly, and 6,684,640 additional shares are held by the Jon Levine Family Trust for the benefit of his spouse and children, for which he disclaims beneficial ownership.
MariMed Inc. Chief Operating Officer Timothy Shaw exercised restricted stock units into common stock. On April 2, 2026, 9,982 RSUs converted to 9,982 shares of common stock on a one-for-one basis, increasing his direct holdings.
Of these shares, 3,459 were withheld by MariMed to cover tax withholding obligations, leaving Shaw with 9,357,700 shares of common stock held directly. Separately, 2,000,000 shares are held indirectly by the Shaw Family Trust for the benefit of his children, and he disclaims beneficial ownership of those securities. The RSU grant continues, with 9,981 RSUs scheduled to vest on October 2, 2026, and 9,982 RSUs on April 2, 2027.
MariMed Inc. President and CEO Jon R. Levine reported routine equity compensation activity. On April 2, 2026 he exercised 11,518 Restricted Stock Units, receiving the same number of common shares at no cash cost as the RSUs convert one-for-one into stock.
To cover tax obligations tied to this vesting, 3,992 common shares were withheld by MariMed at a price of $0.0691 per share, leaving Levine with a net increase of 7,526 shares. After these transactions, he directly holds 21,158,974 common shares.
The filing also notes 6,684,640 common shares held by the Jon Levine Family Trust for the benefit of his spouse and children; Levine disclaims beneficial ownership of these trust shares. The RSUs were granted on April 2, 2024, with the remaining units scheduled to vest in equal installments on October 2, 2026 and April 2, 2027.
MariMed Inc. Chief Commercial Officer Ryan Crandall exercised vested equity awards and settled taxes in shares. On March 28, 2026, he converted 6,047 Restricted Stock Units (RSUs) into the same number of common shares at an exercise price of $0.00 per share.
Of these shares, 2,096 common shares were withheld by MariMed at a value of $0.0758 per share to satisfy tax withholding obligations, with the remainder added to his holdings. Following these transactions, Crandall directly held 879,634 shares of common stock. The RSUs originated from a March 28, 2024 grant, with an additional 6,046 RSUs scheduled to vest on September 28, 2026 and 6,047 RSUs on March 28, 2027.
MariMed Inc. is a U.S. multi-state cannabis operator focused on vertically integrated medical and adult-use markets. The company develops, owns, and operates cultivation, processing, and Thrive-branded retail facilities, and sells proprietary brands such as Nature’s Heritage, Betty’s Eddies, Bubby’s Baked, Vibations, and InHouse.
Operations span Massachusetts, Delaware, Illinois, Maryland, and Ohio, with additional licensing and management relationships in Pennsylvania and New York. As of June 30, 2025, non-affiliate equity was valued at $22.6 million, and at March 10, 2026, there were 397,882,764 common shares outstanding.
The company highlights its “Expand the Brand” growth plan, regulatory and tax risks from federal illegality and Section 280E, and notes IRS tax liens filed in 2025 it is contesting. It reports a 2023 cybersecurity incident causing a $0.7 million loss and 923 employees as of December 31, 2025.
MariMed Inc. reported fourth quarter and full year 2025 results showing modest revenue growth but lower margins and profitability. Full year revenue was $159.8 million, up slightly from $157.7 million in 2024, while GAAP net loss widened to $14.5 million from $12.4 million. Non-GAAP Adjusted EBITDA was $16.9 million versus $19.3 million, marking a sixth consecutive year of positive Adjusted EBITDA but at a lower margin. In Q4 2025, revenue rose to $41.7 million from $38.9 million, with GAAP gross margin declining to 25%. Management highlighted 11% wholesale revenue growth, distribution reaching 85% of dispensaries in core markets, and leading edible rankings for Betty’s Eddies. The company also restructured $14.725 million of Series B preferred stock, extending the weighted average maturity by 4.6 years to reduce near-term refinancing risk and support liquidity.
MARIMED INC. Chief Operating Officer Timothy Shaw exercised 21,667 restricted stock units into an equal number of common shares on March 7, 2026, at a stated price of $0.00 per share. These RSUs were originally granted on March 7, 2023 and are now fully vested with no remaining units under that grant.
To cover tax withholding from this vesting, 7,508 common shares were withheld at $0.084 per share, reducing his directly held common stock to 9,351,177 shares. Separately, 2,000,000 common shares are held indirectly by the Shaw Family Trust for the benefit of his children; his spouse serves as trustee, and he disclaims beneficial ownership of those trust shares.
MariMed Inc. President and CEO Jon R. Levine reported equity compensation activity involving restricted stock units and common shares. He exercised 23,333 restricted stock units into 23,333 shares of common stock at a stated price of $0.0000 per share, reflecting a derivative exercise/conversion.
To cover tax withholding obligations from this RSU vesting, 8,085 common shares were withheld at $0.0840 per share, leaving him with 21,151,448 shares of common stock held directly after these transactions. An additional 6,684,640 common shares are held indirectly by the Jon Levine Family Trust for the benefit of his spouse and children, and he disclaims beneficial ownership of those trust-held securities.