MariMed Inc. engages in cultivation, production, and dispensing of medicinal and recreational cannabis in the United States and internationally. The company offers cannabis genetics produce flowers and concentrates under the Nature's Heritage brand; cannabis-infused products in the form of chewable tablets and powder drink mixes under the brand Kalm Fusion; natural fruit chews under the Betty's Eddies brand; brownies, cookies, and other social sweets under the Bubby's Baked brand; and cannabidiol formulations under the Florance brand. It also licenses its brands and product formulations, as well as leases cannabis facilities. MariMed Inc. was incorporated in 2011 and is based in Norwood, Massachusetts.
Earnings for MariMed Inc. (MRMD)
Earnings in 2023 (TTM): $-6,596,000
According to MariMed Inc.'s latest financial reports the company's current earnings (TTM) are $-6,596,000. The earnings displayed on this page is the company's Pretax Income.
Earnings history of MariMed Inc.
Annual Earnings
| Year | Income Before Tax | Net Income |
|---|---|---|
| 2023 | $-6,596,000 | $-16,030,999 |
| 2022 | $19.51 M | $13.47 M |
| 2021 | $23.82 M | $7.23 M |
| 2020 | $4.5 M | $2.14 M |
| 2019 | $-81,880,925 | $-66,518,085 |
| 2018 | $-13,308,673 | $-13,604,068 |
| 2017 | $-1,029,062 | $-1,194,083 |
| 2016 | $321.17 K | $-198,852 |
| 2015 | $-1,846,903 | $-1,215,333 |
| 2014 | $-7,421,291 | $-7,219,541 |
| 2013 | $-535,606 | $-535,607 |
| 2012 | $-809,540 | $-809,540 |
| 2011 | $-377,410 | $-377,410 |