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Is MariMed A Safe Haven In The Wake Of Florida's Cannabis Legalization Defeat?
Wednesday, December 4, 2024 - 11:32am | 961Cannabis company MariMed Inc. (NASDAQ:MRMD) released its Q3 2024 results on November 6, announcing revised guidance for the fiscal year. While the company expects an 18–20% decline in EBITDA – down from its prior projection of flat to 2% growth – it raised its sales guidance to a 6–8%...
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Edibles Surge In The Heartland: MariMed's Play For Missouri And Illinois Cannabis Dominance
Wednesday, October 30, 2024 - 10:17pm | 518MariMed Inc. (OTC:MRMD), a prominent multi-state cannabis operator is doubling down on its growth strategy by launching manufacturing operations in Missouri while expanding capacity in Illinois. With Missouri marking its sixth state of operation, MariMed aims to extend its branded product range,...
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Can MariMed's $7.7M Illinois Cannabis Expansion Turn The Tide In A $496M Market?
Thursday, October 24, 2024 - 11:51pm | 826In Zuanic & Associates' latest equity report, senior analyst Pablo Zuanic analyzes MariMed's (OTC:MRMD) performance across its core markets, with Illinois (IL) accounting for 40-45% of the company's sales. Despite overall market stagnation, MariMed aims to boost growth through capacity...
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Verano, Green Thumb & MariMed's Strong Q2: Unpacking The Cannabis Earnings Surge
Friday, August 16, 2024 - 6:30pm | 674In a recent series of equity research reports, Pablo Zuanic of Zuanic & Associates provided a detailed analysis of the Q2 2024 performance for three major players in the cannabis industry: Verano Holdings (OTC: VRNOF), Green Thumb Industries (OTC: GTBIF) and MariMed Inc. (OTC: ...
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Cannabis Rescheduling Likely 'In The Next 12 Months,' Says MariMed CEO As Company Invests In Key Markets
Monday, August 12, 2024 - 7:19pm | 753Senior analyst Pablo Zuanic hosted a fireside chat Monday evening with Jon Levine, CEO of MariMed Inc. (OTC: MRMD) who outlined the company's operations, growth strategies and financial outlook. The discussion provided insights into MariMed's performance in key...
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Cannabis Rescheduling Signals Strong Returns, Tax Breaks Could Increase This Stock's Market Cap By 170%
Wednesday, May 22, 2024 - 12:50pm | 847According to a recent report by Pablo Zuanic of Zuanic & Associates, MariMed (OTC: MRMD) a multi-state cannabis operator (MSO) is positioned for significant stock gains. Zuanic highlights MariMed's potential to deliver "alpha" returns, meaning returns that exceed the market...
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Q1 2024: MariMed's Revenue Rises To $37.9M, Amid Declining Gross Margin
Wednesday, May 8, 2024 - 10:22pm | 610MariMed Inc. (MRMD), a multi-state cannabis operator, disclosed its financial outcomes Wednesday evening for the first quarter of 2024, which ended on March 31. The company reported a revenue of $37.9 million, an increase from $34.4 million in the corresponding quarter last year. Jon Levine, the...
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MariMed Wholesale Revenue Up 48% Driven By Top Marijuana Brands: Why Is This Weed Stock Undervalued?
Wednesday, March 13, 2024 - 4:25pm | 721MariMed Inc. (OTC: MRMD), a notable player in the US cannabis market, recently reported its financial results and forward-looking guidance, revealing strategic moves to navigate the sector's evolving landscape. In a detailed analysis, Pablo Zuanic, senior analyst at Zuanic & Associates...
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A Top Weed Stock Under The Radar: Strong Growth, Cash Flow Savings And Low-Value Market Position
Tuesday, January 30, 2024 - 5:11pm | 931Zuanic & Associates' senior analyst Pablo Zuanic offers a detailed analysis of MariMed Inc. (OTC: MRMD), underscoring its promising trajectory in the cannabis sector and its potential to become a top Multi-State Operator (MSO). "We estimate MariMed's spot EV at $213Mn, which is 1....
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Cannabis Pot-Folio Peek: Zuanic Breaks Down Reports On Verano, TILT, MariMed And Green Thumb
Tuesday, November 14, 2023 - 4:58pm | 420In a series of recent reports, Zuanic & Associates scrutinizes Verano Holdings, TILT Holdings, MariMed Inc., and Green Thumb Industries, providing essential insights into their current status and future outlook within the cannabis market. Verano Holdings According to senior analyst Pablo...
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High Capex, High Rewards: Analyst Looks At Cannabis MSOs' Strategies
Wednesday, October 18, 2023 - 3:16pm | 1244As interest rates climb and regulatory uncertainties loom, decisions on capital expenditures (capex) by cannabis MSOs (Multi-State Operators) become paramount for their future success. Are some MSOs missing out on significant growth opportunities? In his latest analysis, Pablo Zuanic, managing...
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EXCLUSIVE: MariMed CEO Discusses Evolving Illinois Cannabis Market, Rescheduling
Thursday, September 28, 2023 - 9:23am | 507Jon Levine, CEO of multi-state cannabis operator, MariMed (OTC: MRMD), and Erik Sloane, Global Head of Corporate Listings at Cboe Canada, discussed the evolving Illinois cannabis market at the Benzinga Cannabis Capital Conference. Levine noted their strong management team, emphasizing their...
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THC Mushroom Gummies To AI Cannabis Chatbots: Elevate Your Brand With Latest Innovations At This Conference
Friday, September 15, 2023 - 9:17am | 1104The cannabis industry is constantly evolving and this week has seen an exciting array of new products hitting the market. From innovative vape cartridges to mushroom and cannabis-infused gummies and cutting-edge AI technology, cannabis companies are pushing the boundaries of creativity and...
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Enjoy Summer Solstice With The Hottest New Cannabis Products: Premium Flower Strains, Infused Gummies, And Pre-Rolls
Friday, June 23, 2023 - 2:50pm | 888Discover the latest cannabis products in this exclusive round-up from Benzinga. We've curated a diverse selection of new launches by cannabis operators, catering to both connoisseurs and casual enthusiasts. New Flowers' Strains By Canopy Growth Canopy Growth Corporation (TSX: WEED) (NASDAQ...
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Cannabis Company MariMed Closes $35M Credit Facility To Boost Strategic Growth Plans
Tuesday, January 24, 2023 - 9:32pm | 624MariMed, Inc. (OTCQX: MRMD), a leading multi-state cannabis operator, announced it closed a $35 million secured credit facility with Chicago Atlantic Advisors, LLC as the lead lender. "I am delighted to announce the closing of this transformative credit facility (...) MariMed is known for...