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[Sticky] MariMed MRMD Stock Forecast & Analysis

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D. H. Taylor
(@dhtaylor)
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Joined: 2 years ago
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MariMed MRMD stock forecast is listed below given for Q3 with current MariMed financial data.  Is MRMD a good investment?  MRMD stock has some of the best numbers in the industry with tremendous upside potential.  In a recent interview, Bob Fireman has MariMed revenue potential in the future at $120M - $200M.  This is from company financial statements and MariMed management guidance from analysts.  In Q4, MariMed management will provide guidance for 2022.  For now, notwithstanding new dispensary openings, here is the MariMed MRMD stock forecast for the next 5 years time.


   
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 Anonymous
Joined: 53 years ago
Posts: 0
 

I like Marimed and where the company is going.. Matter of fact, I have added a few more hundred shares to my position.. 


   
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D. H. Taylor
(@dhtaylor)
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@mattpaul02yahoo-com 

MariMed may be one of the best companies out there.  They softened a bit on this last report but, all of the cannabis stocks have slowed somewhat.  Also, MRMD stock has not sold off nearly as much as the rest of the industry.  This is likely because of how well MariMed is performing.  


   
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paul laeser
(@pauljlaeserhotmail-com)
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Joined: 11 months ago
Posts: 36
 

Good morning DH. I've read that Marimed had applied for a listing on the cse around the middle of April. Do you know roughly how long the process takes from the time they apply to the time they actually start trading.

Thanks

Paul


   
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 Anonymous
Joined: 53 years ago
Posts: 0
 

This is what I like to see! 

This great news for MRMD that got released yesterday on there website: 

MariMed Completes Acquisition of Kind Therapeutics USA, a Maryland Vertically Integrated Cannabis Business.

https://ir.marimedinc.com/news-events/press-releases/detail/177/marimed-completes-acquisition-of-kind-therapeutics-usa-a

 

 


   
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D. H. Taylor
(@dhtaylor)
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@mattpaul02yahoo-com

Nice... thanks for posting this, Matt.  These guys will be huge... if they don't merge with another before hand.


   
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 Anonymous
Joined: 53 years ago
Posts: 0
 

@dhtaylor They could but I don't think Robert Fireman wants to sell this company any time soon in my personal opinion.. When your revenue growth doubles w/ zero debit, your company is heading in the right direction..

 


   
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Matthew Norris
(@birkboy91gmail-com)
Estimable Member
Joined: 1 year ago
Posts: 49
 

@mattpaul02yahoo.com  Saw an interview with Fireman a few months back, and your comment lines up with what I heard him say...that Marimed will not be selling, rather, growing into a mid to top-tier MSO.

This post was modified 7 months ago by Matthew Norris

   
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D. H. Taylor
(@dhtaylor)
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@mattpaul02yahoo-com @birkboy91gmail-com

Probably both correct.  But, keep this in mind: There will continuously be M&A activity moving forward. If the right deal comes along, say 4Front & MariMed? where both companies are effectively on different sides of the nation and have the best flower/edible on the market, a merge would make sense.  I can see each of these companies looking outward for growth in what will be a hyper-competitive market. I'm not saying it is a done deal.  And, yes, MariMed is sitting at the top spot, as far as I am concerned.  But, it is also a race to be #1 across the board.  With MariMed, they are in the best position of all.  But, why not expand on that continuously?  

We'll see what the future holds.  I believe we are going to see tons of M&A and I rule nothing out.  


   
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KC
 KC
(@kc)
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Joined: 6 months ago
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DH, I’m wondering if some of the assumptions were mistyped. I show:
30m debt vs 519m you have
8m cash vs 26m you have

The big drop in cash from $35m Q1 to $8m Q2 is concerning to me, $6.5m of the drop was from operations. Price compression could be a real threat?


   
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D. H. Taylor
(@dhtaylor)
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Joined: 2 years ago
Posts: 1098
Topic starter  

@kc Yes... I had switched up systems and did not realize that the old system was printing inside the posting.  There are a lot of moving parts to this website.  I cleaned it all up.


   
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