MariMed Inc (MRMD)

[drcashflow]

lots of startups with low or no revenues, minimal cash and significant cash burn rates pay vendors, consultants, and other service providers via shs and wts. that's just the way it is. if you don't like that behavior, stay away from young companies that must/choose to use their shares to attract capital and labor.
it's tax loss selling season, and forced selling is no doubt part of the downdraft today.
stock also broke down through an 8-mo uptrend.
http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=MRMD&insttype=Stock&freq=1&show=&time=8
shs o/s have increased rapidly over the past two years from 64mm end of 2016 to 177mm end of 2017 to 203mm as of 9-30-18.
operating cash burn was about $20mm in 2017 and about $10mm during 3q18.
the good news .. maybe? today looks a puke selling day on what will end up being the highest down volume day in the stock's publicly-traded history.