MRMD Shariah Compliance
Screening Methodology: AAOIFI
NOT HALAL
Last Updated: January 15, 2025
Report Source: 2024 3rd Quarter Report
MariMed Inc. Stock Analysis MRMD
MariMed, Inc. engages in the cultivation, processing, and sale of branded cannabis products. The company is headquartered in Norwood, Massachusetts and currently employs 808 full-time employees. The company went IPO on 2012-05-04. The firm develops, owns, and manages seed to sale of state-licensed cannabis facilities for the cultivation, production, and dispensing of medicinal and adult-use cannabis. The company develops its own brands of premium cannabis flower, concentrates, edibles, and other precision-dosed products utilizing its proprietary strains and formulations. The company also licenses its proprietary brands, along with other cannabis products, in domestic markets. Its products are developed in various consumption formats, including whole flower, pre-rolled flower, vape cartridges, concentrates, and edibles. The Company’s brands include Nature’s Heritage, a premium brand of cannabis flower, vapes, and concentrates; Betty’s Eddies, cannabis fruit chews that deliver better sleep, pain relief, stress relief, and more. The Betty's Eddies line also includes a cannabis-infused ice cream created in partnership with ice cream brand Emack & Bolio's.
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Key Statistics of MariMed Inc (MRMD)
Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.
Today's Range
Today's Open
$0.08Volume
1.60MP/E Ratio (TTM)
-52 Week Range
Market Cap
36.61MAvg. Volume
991.78KDividend Yield
-Financial Metrics & Statements of MariMed Inc (MRMD)
FAQ's for MariMed Inc (MRMD)
- According to Musaffa’s Shariah screening methodology, MariMed Inc (MRMD) is currently classified as NOT HALAL as of January 2025. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.