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.
P/B ratio for MariMed Inc. (MRMD)
P/B ratio as of 2023: 1.40
According to MariMed Inc.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 1.40. At the end of 2022 the company had a P/B ratio of 2.04.
P/B ratio history for MariMed Inc. from 2011 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 1.40 |
| 2022 | 2.04 |
| 2021 | 7.46 |
| 2020 | 14.46 |
| 2019 | 18.74 |
| 2018 | 10.09 |
| 2017 | 7.41 |
| 2016 | -11.03 |
| 2015 | -2.42 |
| 2014 | -1.89 |
| 2013 | -2.40 |
| 2012 | -0.96 |
| 2011 | -0.14 |