MariMed Inc (MRMD)

[Giovanni]

I wish you good luck.

Seems to me you need a bigger fool:0)))

[$5.95akadawson-m]

Gio must be delighted that we are going up. Geo-locate....

[SmokeABull]

Yup, price adjustments happen in a newly forming market. Are you new??

Just go back to hiding in your mother’s basement

[Giovanni]

How much does pot cost in Massachusetts 2023?
More Price Dips

Massachusetts' average adult-use flower price dipped 56% ($394 to $173 per ounce) from 2020 to 2023, while Maine's average price dropped 51% ($449 to $222 per ounce), Oregon's price sank 28% ($152 to $110), and Colorado's price also came down 28% ($136 to $98).Dec
30, 2023
------------------------------------------
750 Pounds Of Marijuana Worth $1.5M Found In Randolph ...
=======================================
dailyvoice.com
https://dailyvoice.com › ... › Police & Fire
Jan 17, 2024 — Two Braintree men were busted with more than 750 pounds of marijuana following a months-long investigation in Randolph, ...
========================================================
It is much superior to dispensaries. And everywhere.
There are more large illegal pot sellers with much better bud.

carry on

[Giovanni]

Yo Bull

Do you need english lessons? Read this again!

Hard to compete with The Cartels!

A massacre that killed 6 reveals the dangerous world of illegal pot in SoCal deserts
A San Bernardino County sheriff's deputy, left, detains a cannabis worker in the Lucerne Valley, CA.
A Sept. 2022 shows a San Bernardino County sheriff’s deputy detaining a cannabis worker on an illicit cannabis farm in the Lucerne Valley. (Brian van der Brug/Los Angeles Times)
BY SUMMER LIN, SALVADOR HERNANDEZ, KAREN GARCIA
JAN. 30, 2024 10:30 PM PT
In a desolate stretch of California desert off U.S. Highway 395, Franklin Noel Bonilla made one last desperate plea to save his life.

“I’ve been shot,” he told 911 dispatchers in Spanish, according to authorities. “I don’t know where I am.”

Officials tracked the coordinates of the phone call to a dirt road in the remote desert community of El Mirage, about 50 miles northeast of Los Angeles.

There they made a horrific discovery: six men with gunshot wounds, four of them with severe burns, and two abandoned vehicles, one of which was pocked with bullet holes.

Authorities think the massacre was the result of a dispute over illegal marijuana, and it marks the latest act of shocking violence in isolated areas of California where a black market for pot has flourished.

The death toll, which has included shootings and dismemberments, has alarmed law enforcement officials and comes as illegal grow operations have spread in inland desert communities across Southern California.

Cannabis plants on an illegal grow blow in the wind
CALIFORNIA

Legal Weed, Broken Promises: A Times series on the fallout of legal pot in California
May 5, 2023

Hundreds of pot farms have cropped up across the desert region, bringing crime and fear with them, according to residents and law enforcement officials.

A San Bernardino County Sheriff's deputy at an illegal marijuana grow in the unincorporated area of Phelan.
A June 2022 photo shows a San Bernardino County Sheriff’s deputy counting out one-pound bags of processed cannabis on an illegal marijuana grow in the unincorporated area of Phelan. (Brian van der Brug/Los Angeles Times)

In the last year alone, the San Bernardino County Sheriff’s Department said its marijuana enforcement teams served 411 search warrants for illegal marijuana grows. They found 14 “honey oil” labs, 655,000 plants and 74,000 pounds of processed marijuana. Eleven search warrants were executed in the immediate area where the slayings took place.

“The plague is the black market of marijuana and certainly cartel activity, and a number of victims are out there,” Sheriff Shannon Dicus said.

A Times investigation last year uncovered the proliferation of illegal cannabis in California after the passage of Proposition 64, which legalized the recreational use of marijuana in the state. Although the 2016 legislation promised voters that the legal market would hobble illegal trade and its associated violence, there has been a surge in the black market.

Growers at illegal sites can avoid the expensive licensing fees and regulatory costs associated with legal farms. Violence is a looming threat at these operations, authorities said, because illicit harvests yield huge quantities of cash to operators who can’t use banks or law enforcement for protection.

An illustration depicts a scene inside a growth operation where a mysterious envelope is exchanged by two people.
CALIFORNIA

‘$250,000 cash in a brown paper bag.’ How legal weed unleashed corruption in California
Sept. 15, 2022

In 2020, six people were found shot to death at a property in Aguanga, a small community in rural Riverside County east of Temecula. A seventh victim later died at a nearby hospital.

The victims were immigrants from Laos and were found at a large-scale illegal marijuana cultivation and processing site — a “major organized-crime type of an operation,” Riverside County Sheriff Chad Bianco said at the time.

It is hard to determine the number of homicides tied to illegal pot farms. But a Times review in 2021 found at least five Mojave Desert killings in 2020 and 2021 that investigators said were connected to pot farming.

Black markets can thrive despite the legalization of the product, according to Peter Hanink, a professor of sociology and criminology at Cal Poly Pomona.

“It doesn’t matter what the product is,” he said. “If there’s sufficient demand and the thing is valuable enough, you’ll get a black market.”

Adelanto, CA - January 24: San Bernardino sheriff's department officials investigate scene where five were found dead in a remote area of SanBernardino county north of Adelato January 24, 2024. (Brian van der Brug / Los Angeles Times)
CALIFORNIA

Marijuana dispute led to desert massacre in San Bernardino that killed 6
Jan. 30, 2024

Cartels in Mexico have traditionally carved up and delegated certain areas to different groups so they don’t have to kill each other to make money, Hanink said. At the beginning of a black market, when there’s more instability, there could be violence that results from regional groups competing over the same area. Hanink said the El Mirage slayings could’ve been between competing groups, based on the grisly nature of the crime.

“The sheer violence and the extent of the violence — burning the bodies and how extreme it was, it’s the sort of thing that suggests someone is trying to send a message,” he said.

Hanink stressed, however, that he doesn’t believe Mexican cartels were involved in the San Bernardino County killings, because the FBI, Homeland Security and the Drug Enforcement Administration haven’t gotten involved. The fact that the investigation involves only the Sheriff’s Department and the California Highway Patrol indicates it’s a local California matter, he said.

“Mexican cartels tend to stay local to Mexico, and they very rarely try to do things within the U.S. because they don’t want to involve U.S. law enforcement,” he said. “If you have executions being ordered by parties in other countries, that becomes a case of U.S. security interest.”

Bill Bodner, former special agent in charge of the DEA’s Los Angeles Field Division, agreed that while Mexican cartels have previously been involved in the illegal marijuana business, most have shifted to synthetic drugs, such as methamphetamine and fentanyl.

Illegal marijuana trade has also become unprofitable for the cartels, he said, because of the risk of getting shipments seized at the U.S.-Mexico border.

Bodner said disputes at illegal grows usually involve the theft of product or cash and, in some cases, workers seeking to get paid.

“Don’t forget, it’s a criminal business run by criminals, so they’re going to pay as little as they can,” Bodner said.

The marijuana black market has thrived in California in recent years, as growers try to circumvent taxes, feeding an unlicensed, unregulated industry and, at times, making its way into legitimate dispensaries as well,Bodner said.

In 2019, an audit by the United Cannabis Business Assn. found nearly 3,000 unlicensed dispensaries and delivery services were operating in the state — at least three times more than legal, regulated businesses.

Four years later, Bodner believes the black market has only gotten larger in California.

“The number of unlicensed grows, conservatively, has doubled,” he said.

LUCERNE VALLEY, CA - September 30, 2022: Two cannabis workers comfort each other after San Bernardino sheriff's deputies served a search warrant on an illicit farm and destroyed plants Friday, Sept. 30, 2022 in Lucerne Valley, CA. (Brian van der Brug / Los Angeles Times)
CALIFORNIA

FOR SUBSCRIBERS
Dying for your high: The untold exploitation and misery in America’s weed industry
Dec. 22, 2022

At first, deputies saw cardboard, rubber tires, broken bottles and bullet casings littering the ground when they drove out to the remote El Mirage location on Jan. 23. There were two abandoned vehicles nearby, one of them riddled with bullet holes. Then they found the bodies.

Four of the six victims have been identified: Franklin Noel Bonilla, 22; Baldemar Mondragon-Albarran, 34; and Kevin Dariel Bonilla, 25. The fourth is a 45-year-old man, whose identity is being withheld pending notification of next of kin. They were all Latino, possibly Honduran nationals, and lived in Adelanto and Hesperia, authorities said.

The San Bernardino County Sheriff's Dept. arrested five men in a multiple slaying in San Bernardino County.
The San Bernardino County Sheriff’s Dept. arrested five men in a gruesome multiple slaying in a remote part of the Mojave Desert in San Bernardino County. (San Bernardino County Sheriff’s Dept.)
After the brutal slayings, the San Bernardino County Sheriff’s Department served search warrants in Apple Valley, Adelanto and the Los Angeles County area of Piñon Hills. They arrested five men in connection with the killings — Toniel Baez-Duarte, 34; Mateo Baez-Duarte, 24; Jose Nicolas Hernandez-Sarabia, 33; Jose Gregorio Hernandez-Sarabia, 34, and Jose Manuel Burgos Parra, 26.

Authorities say they believe everyone involved in the killings has been arrested and there are no outstanding suspects.

When serving warrants, detectives recovered eight firearms. They will undergo forensic examinations to determine whether any were used in the slayings, said Michael Warrick, a sergeant in the specialized investigation division of the Sheriff’s Department.

Warrick wouldn’t comment on whether the slayings were cartel-related but said there were “certain things at the scene that show a level of violence that obviously raises some interesting questions for us.”

CALIFORNIACANNABIS

Summer Lin

Summer Lin is a reporter on the Fast Break Desk, the Los Angeles Times’ breaking news team. Before coming to The Times, she covered breaking news for the Mercury News and national politics and California courts for McClatchy’s publications, including the Sacramento Bee. An East Coast native, Lin moved to California after graduating from Boston College and Columbia University’s Graduate School of Journalism. In her free time, she enjoys hikes, skiing and a good Brooklyn bagel.

Salvador Hernandez

Salvador Hernandez is a reporter on the Fast Break Desk, the Los Angeles Times’ breaking news team. Before joining the newsroom in 2022, he was a senior reporter for BuzzFeed News, where he covered criminal justice issues, the growing militia movement and breaking news. He also covered crime as a reporter at the Orange County Register. He is a Los Angeles native.

Karen Garcia is a reporter on the Fast Break Desk, the team that has a pulse on breaking news at the Los Angeles Times. She was previously a reporter on the Utility Journalism Team, which focused on service journalism. Her previous stints include reporting for the San Luis Obispo New Times and KCBX Central Coast Public Radio.

‘Narcas’ author Deborah Bonello on the dangerous fascination of Latin American drug cartels
Nov. 14, 2023

Licensed cannabis farmer Mary Gaterud nurtures such strains as pina colada cake and watermelon starburst.
CALIFORNIA

In Riverside, she was a nobody. In Ireland, her affair with a bishop rocked the Catholic Church

The year that killed L.A. restaurants: Here are more than 65 notable closures from 2023

CLIMATE & ENVIRONMENT

A fire burning deep inside an L.A. County landfill is raising new alarms over toxic air

[olivernoyes]

He's on ignore now. Waste of space.

[SmokeABull]

I think he can read but he definitely can’t comprehend.

He only has 2 brain cells and they’re both fighting for 3rd place…

[Giovanni]

Obviously I am!

Can you?

This POS @ 33 [e-mail]!
============================

English is not my first language and obviously not yours!

to reading? lol

"Are you capable to reading and understanding a financial statement?"
jerkoff asked

[olivernoyes]

Are you capable to reading and understanding a financial statement?

[Giovanni]

Hard to compete with The Cartels!

A massacre that killed 6 reveals the dangerous world of illegal pot in SoCal deserts
A San Bernardino County sheriff's deputy, left, detains a cannabis worker in the Lucerne Valley, CA.
A Sept. 2022 shows a San Bernardino County sheriff’s deputy detaining a cannabis worker on an illicit cannabis farm in the Lucerne Valley. (Brian van der Brug/Los Angeles Times)
BY SUMMER LIN, SALVADOR HERNANDEZ, KAREN GARCIA
JAN. 30, 2024 10:30 PM PT
In a desolate stretch of California desert off U.S. Highway 395, Franklin Noel Bonilla made one last desperate plea to save his life.

“I’ve been shot,” he told 911 dispatchers in Spanish, according to authorities. “I don’t know where I am.”

Officials tracked the coordinates of the phone call to a dirt road in the remote desert community of El Mirage, about 50 miles northeast of Los Angeles.


There they made a horrific discovery: six men with gunshot wounds, four of them with severe burns, and two abandoned vehicles, one of which was pocked with bullet holes.

Authorities think the massacre was the result of a dispute over illegal marijuana, and it marks the latest act of shocking violence in isolated areas of California where a black market for pot has flourished.

The death toll, which has included shootings and dismemberments, has alarmed law enforcement officials and comes as illegal grow operations have spread in inland desert communities across Southern California.

Cannabis plants on an illegal grow blow in the wind
CALIFORNIA

Legal Weed, Broken Promises: A Times series on the fallout of legal pot in California
May 5, 2023

Hundreds of pot farms have cropped up across the desert region, bringing crime and fear with them, according to residents and law enforcement officials.

A San Bernardino County Sheriff's deputy at an illegal marijuana grow in the unincorporated area of Phelan.
A June 2022 photo shows a San Bernardino County Sheriff’s deputy counting out one-pound bags of processed cannabis on an illegal marijuana grow in the unincorporated area of Phelan. (Brian van der Brug/Los Angeles Times)

In the last year alone, the San Bernardino County Sheriff’s Department said its marijuana enforcement teams served 411 search warrants for illegal marijuana grows. They found 14 “honey oil” labs, 655,000 plants and 74,000 pounds of processed marijuana. Eleven search warrants were executed in the immediate area where the slayings took place.

“The plague is the black market of marijuana and certainly cartel activity, and a number of victims are out there,” Sheriff Shannon Dicus said.

A Times investigation last year uncovered the proliferation of illegal cannabis in California after the passage of Proposition 64, which legalized the recreational use of marijuana in the state. Although the 2016 legislation promised voters that the legal market would hobble illegal trade and its associated violence, there has been a surge in the black market.

Growers at illegal sites can avoid the expensive licensing fees and regulatory costs associated with legal farms. Violence is a looming threat at these operations, authorities said, because illicit harvests yield huge quantities of cash to operators who can’t use banks or law enforcement for protection.

An illustration depicts a scene inside a growth operation where a mysterious envelope is exchanged by two people.
CALIFORNIA

‘$250,000 cash in a brown paper bag.’ How legal weed unleashed corruption in California
Sept. 15, 2022

In 2020, six people were found shot to death at a property in Aguanga, a small community in rural Riverside County east of Temecula. A seventh victim later died at a nearby hospital.

The victims were immigrants from Laos and were found at a large-scale illegal marijuana cultivation and processing site — a “major organized-crime type of an operation,” Riverside County Sheriff Chad Bianco said at the time.

It is hard to determine the number of homicides tied to illegal pot farms. But a Times review in 2021 found at least five Mojave Desert killings in 2020 and 2021 that investigators said were connected to pot farming.

Black markets can thrive despite the legalization of the product, according to Peter Hanink, a professor of sociology and criminology at Cal Poly Pomona.

“It doesn’t matter what the product is,” he said. “If there’s sufficient demand and the thing is valuable enough, you’ll get a black market.”

Adelanto, CA - January 24: San Bernardino sheriff's department officials investigate scene where five were found dead in a remote area of SanBernardino county north of Adelato January 24, 2024. (Brian van der Brug / Los Angeles Times)
CALIFORNIA

Marijuana dispute led to desert massacre in San Bernardino that killed 6
Jan. 30, 2024

Cartels in Mexico have traditionally carved up and delegated certain areas to different groups so they don’t have to kill each other to make money, Hanink said. At the beginning of a black market, when there’s more instability, there could be violence that results from regional groups competing over the same area. Hanink said the El Mirage slayings could’ve been between competing groups, based on the grisly nature of the crime.

“The sheer violence and the extent of the violence — burning the bodies and how extreme it was, it’s the sort of thing that suggests someone is trying to send a message,” he said.

Hanink stressed, however, that he doesn’t believe Mexican cartels were involved in the San Bernardino County killings, because the FBI, Homeland Security and the Drug Enforcement Administration haven’t gotten involved. The fact that the investigation involves only the Sheriff’s Department and the California Highway Patrol indicates it’s a local California matter, he said.

“Mexican cartels tend to stay local to Mexico, and they very rarely try to do things within the U.S. because they don’t want to involve U.S. law enforcement,” he said. “If you have executions being ordered by parties in other countries, that becomes a case of U.S. security interest.”

Bill Bodner, former special agent in charge of the DEA’s Los Angeles Field Division, agreed that while Mexican cartels have previously been involved in the illegal marijuana business, most have shifted to synthetic drugs, such as methamphetamine and fentanyl.

Illegal marijuana trade has also become unprofitable for the cartels, he said, because of the risk of getting shipments seized at the U.S.-Mexico border.

Bodner said disputes at illegal grows usually involve the theft of product or cash and, in some cases, workers seeking to get paid.

“Don’t forget, it’s a criminal business run by criminals, so they’re going to pay as little as they can,” Bodner said.

The marijuana black market has thrived in California in recent years, as growers try to circumvent taxes, feeding an unlicensed, unregulated industry and, at times, making its way into legitimate dispensaries as well,Bodner said.

In 2019, an audit by the United Cannabis Business Assn. found nearly 3,000 unlicensed dispensaries and delivery services were operating in the state — at least three times more than legal, regulated businesses.

Four years later, Bodner believes the black market has only gotten larger in California.

“The number of unlicensed grows, conservatively, has doubled,” he said.

LUCERNE VALLEY, CA - September 30, 2022: Two cannabis workers comfort each other after San Bernardino sheriff's deputies served a search warrant on an illicit farm and destroyed plants Friday, Sept. 30, 2022 in Lucerne Valley, CA. (Brian van der Brug / Los Angeles Times)
CALIFORNIA

FOR SUBSCRIBERS
Dying for your high: The untold exploitation and misery in America’s weed industry
Dec. 22, 2022

At first, deputies saw cardboard, rubber tires, broken bottles and bullet casings littering the ground when they drove out to the remote El Mirage location on Jan. 23. There were two abandoned vehicles nearby, one of them riddled with bullet holes. Then they found the bodies.

Four of the six victims have been identified: Franklin Noel Bonilla, 22; Baldemar Mondragon-Albarran, 34; and Kevin Dariel Bonilla, 25. The fourth is a 45-year-old man, whose identity is being withheld pending notification of next of kin. They were all Latino, possibly Honduran nationals, and lived in Adelanto and Hesperia, authorities said.

The San Bernardino County Sheriff's Dept. arrested five men in a multiple slaying in San Bernardino County.
The San Bernardino County Sheriff’s Dept. arrested five men in a gruesome multiple slaying in a remote part of the Mojave Desert in San Bernardino County. (San Bernardino County Sheriff’s Dept.)
After the brutal slayings, the San Bernardino County Sheriff’s Department served search warrants in Apple Valley, Adelanto and the Los Angeles County area of Piñon Hills. They arrested five men in connection with the killings — Toniel Baez-Duarte, 34; Mateo Baez-Duarte, 24; Jose Nicolas Hernandez-Sarabia, 33; Jose Gregorio Hernandez-Sarabia, 34, and Jose Manuel Burgos Parra, 26.

Authorities say they believe everyone involved in the killings has been arrested and there are no outstanding suspects.

When serving warrants, detectives recovered eight firearms. They will undergo forensic examinations to determine whether any were used in the slayings, said Michael Warrick, a sergeant in the specialized investigation division of the Sheriff’s Department.

Warrick wouldn’t comment on whether the slayings were cartel-related but said there were “certain things at the scene that show a level of violence that obviously raises some interesting questions for us.”

CALIFORNIACANNABIS


Summer Lin

Summer Lin is a reporter on the Fast Break Desk, the Los Angeles Times’ breaking news team. Before coming to The Times, she covered breaking news for the Mercury News and national politics and California courts for McClatchy’s publications, including the Sacramento Bee. An East Coast native, Lin moved to California after graduating from Boston College and Columbia University’s Graduate School of Journalism. In her free time, she enjoys hikes, skiing and a good Brooklyn bagel.


Salvador Hernandez

Salvador Hernandez is a reporter on the Fast Break Desk, the Los Angeles Times’ breaking news team. Before joining the newsroom in 2022, he was a senior reporter for BuzzFeed News, where he covered criminal justice issues, the growing militia movement and breaking news. He also covered crime as a reporter at the Orange County Register. He is a Los Angeles native.


Karen Garcia is a reporter on the Fast Break Desk, the team that has a pulse on breaking news at the Los Angeles Times. She was previously a reporter on the Utility Journalism Team, which focused on service journalism. Her previous stints include reporting for the San Luis Obispo New Times and KCBX Central Coast Public Radio.




‘Narcas’ author Deborah Bonello on the dangerous fascination of Latin American drug cartels
Nov. 14, 2023

Licensed cannabis farmer Mary Gaterud nurtures such strains as pina colada cake and watermelon starburst.
CALIFORNIA



In Riverside, she was a nobody. In Ireland, her affair with a bishop rocked the Catholic Church


The year that killed L.A. restaurants: Here are more than 65 notable closures from 2023

CLIMATE & ENVIRONMENT

A fire burning deep inside an L.A. County landfill is raising new alarms over toxic air

[Giovanni]

How Much did MRMD pay Wallstreetwaves for that article?

[olivernoyes]

https://wallstreetwaves.com/a-top-weed-stock-under-the-radar-strong-growth-cash-flow-savings-and-low-value-market-position/

[Giovanni]

You do not get it!

All dispensaries are having yuge problems.

Enjoy the day.

If you want quality grow your own.

[SmokeABull]

Comparing Med Men to Marimed?! Thanks for the laugh

[Giovanni]

$3bazillion to zero
Med Men

California pot company executives out as stock plummets to zero - KTLA

ktla.com
https://ktla.com › news › local-news › medmen-execs-lea...

[Giovanni]

The weed business is bankrupting most dispensaries.
Went to 3 this morning compared to how they used to operate
they are dead with a very limited selection.

[Giovanni]

Big F'ing deal.

You must live in a one horse town! As all large cities learn to live with locked items!

As drug stores and supermarkets put their inventory in locked cases:

Why drug stores lock up their products behind plastic cases ...
The reason why stores resort to locking up these products is simple: to prevent shoplifting. But these decisions are far more nuanced and fraught for stores than you may think. Companies must walk a delicate line between protecting their inventory and creating stores that customers don't dread visiting.Jul 30, 2022

[happyglass]

I can walk in to a dispensary now and grab a bottle of thc beverage out of the cooler. Beverages are the way of the future. It solves many problems. Nobody has to smell what I am drinking unlike joints, prerolls and vapes. Cali sober is coming to Canada. I was in the dispensary just before Christmas and heard a dude telling staff that he got so drunk last year he went nutz and wrecked stuff. He was not going to have that happen this year so he was buying a bunch of weed drinks and party that way instead this year.

[Giovanni]

[SmokeABull]

Considering the rise in the cost of living, inflation, etc. cannabis sales have done very well

The random article you posted only mentions Colorado, a state Marimed isn’t interested in.

[Giovanni]

MJ sales suck nationwide


Another major marijuana brand exits Colorado market
By MJBizDaily Staff
December 19, 2023 - Updated December 19, 2023


Ranks of women, minority cannabis execs rebound to pre-pandemic levels, according to the latest data from the MJBiz Diversity, Inclusion and Equity Report. Get your copy here.

Coda Signature, an early entrant in Colorado’s regulated marijuana market, is the latest brand to cut business operations in the state.

The homegrown, award-winning cannabis edibles maker will concentrate efforts in other markets after facing escalating challenges in Colorado since the COVID-19 pandemic, according to Denver alt-weekly Westword.

ADVERTISEMENT

“Colorado’s cannabis market declines in recent years combined with the significant oversupply has caused the company to make the difficult decision to close operations in Colorado,” Coda Signature told Westword in a statement.

Only five years earlier, Coda Signature laid out an expansion plan to become a national cannabis brand built on its success in the edibles segment with its line of truffles, candy bars, single-serve treats and other products.

But marijuana sales in Colorado have fallen drastically since 2021.

In February, for example, medical and recreational marijuana retailers in the state posted their lowest sales in four years.

Then, in April, Colorado’s regulated cannabis industry suffered its “worst 4/20 in five years,” according to the Marijuana Industry Group.


Lingering challenges have prompted several marijuana companies to reduce or eliminate operations altogether in the nation’s most established adult-use market, which opened on Jan. 1, 2014.

In January, multistate operator Curaleaf Holdings said it was shuttering its operations in Colorado as well as California and Oregon, reducing its payroll by 10%.

[Giovanni]

Average retail space in cannabis stores climbs sharply

mjbizdaily.com
https://mjbizdaily.com › average-retail-space-in-canna...
Sep 28, 2021 — Medical dispensaries averaged 3,357 square feet of retail space in 2020, while recreational shops averaged 4,308 square feet, according to owner ...

16000 square feet compared to 3357 square feet is a very large difference. Try a remedial math course;0(((

Oh and Merry Christmas and Happy New Year!

[SmokeABull]

MRMD dispensaries sell a large variety of brands and strains. So again, you’ve proven my point. You’ve never been to a dispensary

[Giovanni]

MRMD is a one choice dispensary?

Variety is the spice of life!
Does your dispensary have a choice of 3 strains of weed?

or Along Came Jones With 300 strains available at all price points!

"stupid is as stupid does"
People also ask
What does it mean to say stupid is as stupid does?
"Stupid is as stupid does" is a saying that means that someone's actions or behavior can reveal their intelligence or lack thereof. The phrase suggests that it is not enough to simply appear or claim to be intelligent – one's actions and decisions must also reflect intelligence in order for it to be genuine.
insert-text-here

[SmokeABull]

The state and federal laws don’t care how large a dispensary is. They all play by the same rules

[Giovanni]

A 16000 square foot dispensary is a supermarket dumb ass

[SmokeABull]

Every dispensary in MA has to abide by the same rules and regulations. So yeah, clearly you’ve never been to a dispensary

[Giovanni]

LOL
You have never been to a good dispensary!

You better up your game!

I say bullshite to this!
"Apparently you’ve never been to a dispensary because it’s nothing like a liquor store"

Boston, MA

Ascend Wellness
The East Coast's largest recreational marijuana dispensary is now open in downtown Boston. A grand opening was held Thursday at Ascend Wellness, located just steps from the TD Garden on Friend Street.Ascend's 16,000-square-foot dispensary covers several floors of the building.May 13, 2021

[SmokeABull]

Just because there will be many cannabis brands for consumers to choose from, doesn’t mean that it’ll mirror liquor stores. Cannabis will always be way more regulated than alcohol. You won’t be able to walk into a dispensary and grab cannabis off the shelf, never never

[happyglass]

It like a liquor store and is going to be more and more like a liquor store. This industry parallels the alcohol industry almost exactly. There one used to be few choices for an alcoholic beverage. Beer, wine, bathtub gin(literally made in a bathtub) and moonshine. Then Canada legalized it first then the US followed several years later.

[SmokeABull]

Apparently you’ve never been to a dispensary because it’s nothing like a liquor store

[Giovanni]

Think of when you walk into a liquor store.

whole plethora of prices.
Polar Bear vodka $2.99
Ruble vodka $3.79


BELUGA
Beluga Vodka Noble Beluga Epicure By Lalique
Regular price$9,999.99 USD Sale price$9,699.99 USDSale

[SmokeABull]

No, no they don’t. And marimed’s nature’s heritage hasn’t dropped in price

[Giovanni]

dispensary sold z for 60 They do this once or twice a month.

wtfdyk?

[olivernoyes]

MariMed Commences Operations of Processing Facility in Mt. Vernon, Illinois
MT NEWSWIRES

2:03 PM ET 12/04/2023

02:03 PM EST, 12/04/2023 (MT Newswires) -- MariMed Inc. (MRMD) , a multi-state cannabis operator in the US, said Monday it has begun manufacturing and processing cannabis products in its new processing kitchen in Mt. Vernon, Illinois. After construction and regulatory delays, the company expects its products will be available at dispensaries in Illinois in time for the holidays. These include MariMed's (MRMD) five Thrive Dispensary-branded retail locations in the state.

"We are thrilled that after such a long delay, we are finally commencing operations of our Mt. Vernon processing facility, which officially makes MariMed (MRMD) a vertically integrated cannabis operator in Illinois," said CEO Jon Levine. "It is an important part of our strategic growth plan to increase our revenue and profitability by expanding in the high-growth states in which we currently operate. Illinois regulations allow operators to own up to 10 dispensaries and three craft licenses, and we intend to continue expanding in the state."

The state-of-the-art processing facility contains an extraction lab to produce concentrates, and a production kitchen for the manufacture of edibles and other derivative products. The cultivation facility is currently under construction in the same facility and is expected to be completed in 2024.

"Being vertical in Illinois will improve our retail gross margins and allow us to wholesale our branded products to other dispensaries," added Ryan Crandall, Chief Revenue Officer. "Our wholesale operations are already ramping and have secured early purchase commitments from retailers throughout the state. The opening of the processing facility, in addition to the opening of our cultivation facility in 2024, are important steps in the execution of MariMed's (MRMD) strategic growth plan."

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

[SmokeABull]

You’re high if you think oz are $70. 1/8’s are $45-50

[Giovanni]

$70 marijuana an ounce @ dispensaries.. 
  
 opps

[MR Bucks]

Fins say essentially: Less profitable revenue.

Hope they find a way to turn that around!

[Giovanni]

glad you are following my advice

enjoy the day

[SmokeABull]

Isn’t that what we’re supposed to do after the stocks jump on political news?

[Giovanni]

smoke is that you selling?

JS

[PI investor]

The next is MariMed (MRMD). CNBC’s Tim Seymour called this company the best cannabis stock you’ve never heard of, and I agree. In 2023, the company is expected to generate more than $150 million in sales and $36 million in Ebitda. That’s an Ebitda margin of 23%. As a comparison, the entire S&P 500 is expected to generate a 20% margin this year. https://www.forbes.com/sites/investor-hub/article/cannabis-stocks-what-you-need-to-know/?sh=7b207e66355a

[GoldRu$$H]

Great news, they are still growing. Thanks for the post.

[olivernoyes]

MariMed Announces Thrive Dispensary Opening in Casey, Illinois

NORWOOD, Mass., Oct. 11, 2023 (GLOBE NEWSWIRE) -- MariMed Inc. (MRMD) (“MariMed” or the “Company”) (CSE: MRMD) , a leading multi-state cannabis operator focused on improving lives every day, today announced the opening of an adult-use Thrive dispensary in Casey, Illinois. This opening marks the fifth operational dispensary in Illinois, and the 12th dispensary that MariMed (MRMD) owns or manages across five states.

The dispensary, which is the first in Clark county, is located at 912 N. State Highway 49 in Casey, Illinois. Casey is in eastern Illinois at the intersection of state Highway 49 and U.S. Interstate 70. Located just 30 miles from the Indiana border, Thrive Casey is the closest dispensary to that state, which has not passed a legal marijuana program.

Casey is known as the Big Things Small Town, and is home to nearly 30 “World’s Largest” and “Big Things,” including 12 that are included in the Guiness Book of World Records. Among the records are the World’s Largest Rocking Chair and Mailbox.

“We have high hopes for the Thrive dispensary location in Casey,” said Rosie Naumovski, MariMed’s General Manager for the state of Illinois. “It’s ideally located just off Interstate 70, close to the Indiana border and with no other dispensaries within a 30-minute drive. We are also excited to contribute to Casey’s culture as the home of big things. After all, MariMed (MRMD) is the company that created the World’s Largest Pot Brownie!”

With the full support and encouragement of Illinois regulators and Casey’s city council, the new Thrive dispensary will temporarily operate in a converted mobile bank until construction of the permanent dispensary is completed. The Thrive dispensary in Casey will be managed by MariMed (MRMD) under a Managed Servies Agreement until the license transfer is approved by the Illinois Cannabis Control Office. The Company also operates Thrive dispensary locations in Anna, Harrisburg, Metropolis, and Mount Vernon, Illinois.

In addition to its retail operations, MariMed (MRMD) continues to build its processing and cultivation facility in Mt. Vernon, Illinois. The processing facility is expected to open during the fourth quarter, at which time MariMed (MRMD) will produce its award-winning edibles and sell them through its retail and new wholesale channels. The Company expects the cultivation facility construction to be completed in early 2024.

About MariMed (MRMD)
MariMed Inc. (MRMD), a multi-state cannabis operator, is dedicated to improving lives every day through its high-quality products, its actions, and its values. The Company develops, owns, and manages seed to sale state-licensed cannabis facilities, which are models of excellence in horticultural principles, cannabis cultivation, cannabis-infused products, and dispensary operations. MariMed (MRMD) has an experienced management team that has produced consistent growth and success for the Company and its managed business units. Proprietary formulations created by the Company’s technicians are embedded in its top-selling and award-winning products and brands, including Betty's Eddies, Nature’s Heritage, InHouse, Bubby’s Baked, K Fusion, Kalm Fusion, and Vibations: High + Energy, which trademarks of MariMed Inc. (MRMD) For additional information, visit www.marimedinc.com.

For MariMed Investors
Certain statements made in this press release that are not based on historical information are forward-looking statements which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. This press release contains express or implied forward-looking statements relating to, among other things, MariMed Inc.'s (MRMD) expectations concerning management's plans, objectives and strategies, including its plans to continue to expand its footprint in the Commonwealth of Massachusetts to the maximum allowed by state regulations. These statements are neither promises nor guarantees but are subject to a variety of risks and uncertainties, many of which are beyond our control, which could cause actual results to differ materially from those contemplated in these forward-looking statements. Existing and prospective investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. MariMed (MRMD) undertakes no obligation to update or revise the information contained in this press release, whether as a result of new information, future events or circumstances or otherwise. For additional disclosure regarding these and other risks faced by MariMed (MRMD), see the disclosure contained in our public filings with the Securities and Exchange Commission including, without limitation, our most recent Annual Report on Form 10-K.

Investor Relations Contact:
Steve West
Vice President, Investor Relations
Email: [e-mail]
Phone: [phone]

Company Contact:
Howard Schacter
Chief Communications Officer
Email: [e-mail]
Phone: [phone]



Image: https://www.globenewswire.com/newsroom/ti?nf=ODk0Njc3NyM1ODY1OTg1IzIwODcxMDM=
Image: https://ml.globenewswire.com/media/NjQ3ZDIyMzMtOTI3My00ZjdlLWJlZWUtMDYyZGY4OWU2YzhlLTEwOTg2NzQ=/tiny/MariMed-Inc-.png
Image: Primary Logo

Source: MariMed Inc. (MRMD)

[Giovanni]

Compared to the swag in dispensaries Amsterdam is fantastic.
You just did not know where to go.

[Giovanni]

Compared to the swag in dispensaries Amsterdam is fantastic.
You just did not know where to go.

[SmokeABull]

Looks like the mini bull run is over…The DEA is going to take as long as they can to make a decision about rescheduling, so I assume all these cannabis stocks will slip back to their 52wk lows

[$5.95akadawson-m]

I have my sources, you have yours.

[Randyfloyd420]

Wrong. Amsterdam isnt special

[Randyfloyd420]

That’s not even true