MariMed Inc

Norwood, United States Founded: 2011 • Age: 15 yrs
Licensing and healthcare services are provided for cannabis industries.
Annual revenue $158.0M Latest available
Total funding - 1 rounds
Employees 832 Tracked headcount
Investors - Known backers
Products 2 Services tracked
Competitors - Brand Intelligence

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
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Marimed Inc.
Operational Areas
Consumer → Tobacco, Cannabis & Alternative Products Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $157.96 M (USD)
    6.3
    as on Dec 31, 2024
  • Net Profit
    -$12.16 M (USD)
    24.12
    as on Dec 31, 2024
  • EBITDA
    $14.93 M (USD)
    -36.87
    as on Dec 31, 2024
  • Latest Funding Round
    $46 M (USD), Post-IPO

    Mar 02, 2021

  • Investors
    Not available
  • Employee Count
    832

    as on Dec 31, 2024

  • Investments & Acquisitions
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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.

Exchange: OTC · Ticker: MRMD · Sector: Process industries · USA

Products & Services of MariMed Inc

MariMed Inc offers a comprehensive portfolio of products and services, including Cannabis Products and Dispensary Services.

Product name locked
Category locked
Primary

High-quality products are developed by MariMed to promote wellness and improve lives through cannabis innovation

Product name locked
Category locked
Locked

Exceptional retail experiences are offered by MariMed, where premium products and expert guidance are provided in welcoming environments

People of MariMed Inc

Headcount 50-200
Employee Profiles 23
Employee Profiles
People
Alicia Savoy
Sales Representative
People
Jeremy Cornwell
Retail Brand Ambassador
People
Marlo Markarian Richard
Vice President Of Human Resources/head Of Human Resources
People
Ryan Crandall
Chief Commercial Officer

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Funding Insights of MariMed Inc

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.

Investments
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Investment portfolio details for MariMed Inc

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Acquisitions
Company Name Description Domain Location Founded Year Amount
KIND Therapeutics USA is engaged in providing medical cannabis products.
Locked Locked 2015 Locked
Medical cannabis is distributed by First State Compassion in Wilmington.
Locked Locked 2014 Locked
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Complete acquisition details for MariMed Inc

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Financial Statements - MariMed Inc

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Detailed financials for MariMed Inc

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Marimed Inc Comparisons

MariMed Inc Primary company
Description
Licensing and healthcare services are provided for cannabis ...
Location
Norwood, United States
Founded Year
2011
Annual Revenue
$157.96 M (USD)
Net Profit
-$12.16 M (USD)
EBITDA
$14.93 M (USD)
Employees
832
As of 2024
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Peer comparison for MariMed Inc

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Competitors of MariMed Inc

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Detailed competitors of MariMed Inc

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Latest news on Marimed Inc

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Complete news archive for MariMed Inc

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Frequently Asked Questions about MariMed Inc

MariMed Inc was founded in 2011 and raised its 1st funding round 10 years after it was founded.

MariMed Inc is headquartered in Norwood, United States. It is registered at Norwood, Massachusetts, United States.

As of Dec 31, 2024, the latest employee count at MariMed Inc is 832.

Annual revenue of MariMed Inc is $157.96M as on Dec 31, 2024.

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.

MariMed Inc offers Cannabis Products and Dispensary Services.

Yes, MariMed Inc is publicly traded on OTC under the ticker symbol MRMD.

MariMed Inc has made 2 acquisitions, including First State Compassion, and KIND Therapeutics USA.

The ticker symbol of MariMed Inc is MRMD on OTC.

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