About MariMed Inc
MariMed Inc is a company based in Norwood (United States) founded in 2011.. The company has 832 employees as of December 31, 2024. MariMed Inc has completed 2 acquisitions, including First State Compassion and KIND Therapeutics USA. MariMed Inc offers products and services including Cannabis Products and Dispensary Services.
- Headquarter Norwood, United States
- Employees 832 as on 31 Dec, 2024
- Stage Public
-
Sectors
Consumer
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Marimed Inc.
-
Annual Revenue
$157.96 M6.3as on Dec 31, 2024
-
Net Profit
$-12.16 M24.12as on Dec 31, 2024
-
EBITDA
$14.93 M-36.87as on Dec 31, 2024
-
Latest Funding Round
$46 M (USD), Post-IPO
Mar 02, 2021
-
Investors
-
Employee Count
832
as on Dec 31, 2024
-
Investments & Acquisitions
First State Compassion
& 1 more
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
IPO & Listings of MariMed Inc
MariMed Inc is a publicly listed company on the OTC with ticker symbol MRMD in USA, operating in the Process industries sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of MariMed Inc
MariMed Inc offers a comprehensive portfolio of products and services, including Cannabis Products and Dispensary Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
High-quality products are developed by MariMed to promote wellness and improve lives through cannabis innovation
Exceptional retail experiences are offered by MariMed, where premium products and expert guidance are provided in welcoming environments
Unlock access to complete
Funding Insights of MariMed Inc
- Total Funding Total Funding
- Total Rounds 1
- Last Round Post-IPO — $46.0M
-
First Round
First Round
(02 Mar 2021)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2021 | Amount | Post-IPO - MariMed Inc | Valuation |
investors |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by MariMed Inc
MariMed Inc has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include First State Compassion and KIND Therapeutics USA. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
KIND Therapeutics USA is engaged in providing medical cannabis products.
|
2015 | ||||
|
Medical cannabis is distributed by First State Compassion in Wilmington.
|
2014 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - MariMed Inc
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Marimed Inc Comparisons
Competitors of MariMed Inc
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Marimed Inc
Frequently Asked Questions about MariMed Inc
When was MariMed Inc founded?
MariMed Inc was founded in 2011 and raised its 1st funding round 10 years after it was founded.
Where is MariMed Inc located?
MariMed Inc is headquartered in Norwood, United States. It is registered at Norwood, Massachusetts, United States.
How many employees does MariMed Inc have?
As of Dec 31, 2024, the latest employee count at MariMed Inc is 832.
What is the annual revenue of MariMed Inc?
Annual revenue of MariMed Inc is $157.96M as on Dec 31, 2024.
What does MariMed Inc do?
MariMed Inc was founded in 2011 and is headquartered in Norwood, United States. Operations focus on the cannabis sector, where licensing support and healthcare services are delivered to industry participants. These services encompass regulatory compliance assistance and medical-related offerings tailored to cannabis businesses. Key leadership includes Robert Fireman. The company maintains a presence in the U.S. market, addressing needs in cultivation, distribution, and patient care within the regulated cannabis landscape.
What products or services does MariMed Inc offer?
MariMed Inc offers Cannabis Products and Dispensary Services.
Is MariMed Inc publicly traded?
Yes, MariMed Inc is publicly traded on OTC under the ticker symbol MRMD.
How many acquisitions has MariMed Inc made?
MariMed Inc has made 2 acquisitions, including First State Compassion, and KIND Therapeutics USA.
What is MariMed Inc's ticker symbol?
The ticker symbol of MariMed Inc is MRMD on OTC.