MARIMED INC. Overview
Industry: Drug Manufacturers Specialty & Generic
Sector: Healthcare
MariMed Inc. engages in cultivation, production, and dispensing of medicinal and recreational cannabis in the United States and internationally. The company sells flowers and concentrates under the Nature's Heritage brand; chewable cannabis-infused mint tablet under the brand Kalm Fusion. It also provides soft and chewy baked goods and a hot chocolate mix under Bubby's Baked brand. In addition, the company offers vapes, and edible products under InHouse brand. Further, it provides company licenses its brands and product formulations, as well as leases cannabis facilities. MariMed Inc. was incorporated in 2011 and is based in Norwood, Massachusetts.
MARIMED INC. is evaluated using Mavefund's quality framework: growing earnings, durable profit margins, conservative leverage, strong return on equity, and disciplined share repurchases.
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