Exchange: OTC·Updated 03:59 PM EST

MRMD MariMed Inc

$0.048
$0.001
(2.04%)
Today
EarningsNov 11
Mkt Cap$19.78M
Vol1.19M

About MRMD

MariMed, Inc. engages in the cultivation, processing, and sale of branded cannabis products. Its brands include Betty’s Eddies, Nature’s Heritage, Bubby’s Baked, Vibations, and InHouse. The company was founded by Robert N. Fireman and Jon R. Levine on January 25, 2011 and is headquartered in Norwood, MA.
81

Extremely Bullish Sentiment

How do you feel about MRMD?

Maccaronie
$MRMD these guys are frauds. They don’t care about uplisting. They care about how much they can add to their family trusts. The company died with Bob
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Maccaronie
$MRMD you guys have pissed off any would be investors with your management's greed. whats the plan now? more elaborate vacations and royalties? piss away whats left of shares before reverse split? good job creating shareholder value!
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Booogah
$MRMD A falling stock price that forces a reverse split is frequently a symptom of deep financial distress, persistent operating losses, or shrinking cash flow. Long-term survival rate is low: Studies show that a large majority of companies that execute reverse stock splits continue to struggle or face delisting over the following years
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Booogah
$MRMD I have an idea to help this disaster of a stock go up……. Keep printing yourselves free shares you 🤡’s that will surely help. Continues to be the Biggest embarrassment in the sector as management likes to consider themselves industry leaders with a .06 stock and embarrassment of a market cap and laughable volume day after day.
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D6975
$MRMD the executives are using the company as their personal piggy banks. I wonder how many generations of family the will enrich before shareholders get their money back? No government decision is going to stop what they’re doing. Shady group.
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D6975
$MRMD the 3 at the top, Jon, Tim, and Ryan have ruined any hope of this company being a successful, Public company. They’re looting it for all it’s worth before the walls close in.
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skepticalbee
$MRMD I still think it was absolutely boneheaded for the Board to seek a minimum 50:1 r/s, and without lowering the max allowable share count authorization. But if these were smart managers, they wouldn't be running a microcap trading at five cents. At least for now it looks like the r/s was already priced in. With any luck, a favorable rescheduling order from the administrative law judge after November 5 will lift all marijuana boats bobbing in this choppy sea.
6
skepticalbee
$MRMD Rescheduling is not stalled for no reason. The administrative proceeding is stayed pending final briefs by the parties, due NoV. 5, concerning what weight, if any, the administrative law judge (ALJ) should give to the GAO report finding that the DEA lacks standardized written procedures for evaluating drug scheduling. The ALJ has signaled he considers the report of limited relevance to the narrow rescheduling question before him, and rejected opponents' request to reopen the hearing. After Nov. 5, the stay automatically lifts, and the ALJ’s recommendation to the DEA could issue at any time. The parties then have 20 days to file objections before the DEA makes its final decision whether to adopt the proposed rescheduling rule. Any subsequent judicial challenges would follow that final agency action.
2
D6975
$MRMD remember that run up a couple months ago? Looks more like a desperate pump attempt now. Absolute garbage “executive” team.
2
skepticalbee
$MRMD $MRMD The DEA Administrative Law Judge ("ALJ") charged with deciding whether to recommend rescheduling has ruled that the GAO report (finding that the DEA lacks clear written rescheduling procedures), which opponents sought to introduce into evidence, will be admitted. However, the Judge has characterized certain issues raised by opponents as immaterial to the "narrow" question before him, and rejected their request to reopen the hearing for additional discovery and testimony. He has left the hearing stayed until November 5, allowing limited further briefing by the parties concerning what weight, if any, he should attach to the GAO report and its bearing on the rescheduling proposal. Overall, I read these as bullish signals for rescheduling, particularly as to the timing of the ALJ's recommendation, now that he has made clear that the record is closed.
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Scott1023
$MRMD “"I want to thank our Shareholders for their overwhelming support in approving the Reverse Stock Split proposal and authorizing our Board to determine whether and when to implement it," said Jon Levine, Chief Executive Officer of MariMed.” It’s mind boggling how many retards believe this shit coming out this clown’s mouth.
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Jayboy57
$MRMD MRMD currently has a Zacks Rank #2 (Buy), which means it is in the top 20% of more than 4,000 stocks.
2
Scott1023
$MRMD we’re almost into the $0.04s. Just another million or so issued shares, which I’m sure is coming, and we’ll be there. Jon and his cronies are fraudsters and scam artist.
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Scott1023
$MRMD here what these dipshits should do. 1) wait for until S3. 2) use the extra money they’d keep from no 280e tax to get themselves out of debt (might take 2-3 quarters). 3) which would organically raise the stock price to at least $0.4-$0.5 4) then do their RS. Of course that would require them giving a shit about shareholders, which no one believes they do.
2
MaryJaneSmokesalot
$MRMD They’re literally is just no bottom There’s no price low enough No market cap low enough for this piece of shit to stop tanking Jon Levine should be fired as CEO Fired Like get the fuck out
2
redsstocktwits
$MRMD I BELIEVE EVEN if this reverse split to $5 due to high debt and millsion of Unpaid tax This wont be able to uplist. But i think one thing is for sure THEY WILL SELL MORE SHARE TO RAISE MONEY 🤣 Thank good ness i was able to convert my MRMD shares into a more stable weed stock $CRON ... LEGALIZATION may not happen this decade or it will only happen after THEY CONSOLIDATE the sector to very few players. WHAT A MESS our politicians have done...
1
redsstocktwits
$MRMD this might go to 1 cent, i wonder if this goes to 1 cent ARE THEY GOING TO CHANGE THE REVERSE SPLIT from 100 to 1 to 1000 to 1 🤣 Thank good ness i was able to convert my MRMD shares into $CRON 🥰 At least CRON have close to 1 billion dollar PLUS the backing of $MO altria
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redsstocktwits
$MRMD Base on my experienced, TIny percentage of companies who reverse split end up being successful. Company who reverse split are in EXTREME desperation to survive, they do reverse split, end up reverse splitting again. Dilute more share holders, shareholders who decide to hold the company who have done reverse split IF THE COMPANY STOCK goes up THOSE HOLDERS once they got they money back THEY WILL SELL and get out of the TRAP and swear NEVER TO GO BACK. • Often a warning sign: A falling stock price that forces a reverse split is frequently a symptom of deep financial distress, persistent operating losses, or shrinking cash flow. • Long-term survival rate is low: Studies show that a large majority of companies that execute reverse stock splits continue to struggle or face delisting over the following years, though rare exceptions (such as Booking Holdings historically) have turned around. Thanks goodness I WAS ABLE TO CONVERT my MRMD stock to $CRON cron i believe will survive.😍
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HermanMonster
$MRMD I agree with you in regards to the authorized shares not being reduced. Being that the CEO and his staff own a ton of shares gives me hope that dilution will be minimal. At 100 for 1, at this price, I’m buying a post split share for $5. The company will still be generating $160+ million a year with only 4 million shares outstanding.
1
MaryJaneSmokesalot
$MRMD These fucking losers are thinking investors for approving their reverse stock split This management team has failed for a decade They are made up of the biggest circus freaks I’ve ever seen They should hire people to represent them who don’t look like they were grown in a factory that provides freaks for the circus You should all be fired starting from Levine all the way down to the last man standing Better yet SELL the fucking company LOSERS
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