MariMed Inc (MRMD)

[foti1kenobi]

Boston globe...hahahaha
Their just like any other BS news source these days. You fell for that click bait headline?
Try reading a financial. Thats were the truth is.
FOURTH QUARTER AND FULL YEAR FINANCIAL HIGHLIGHTS

Fourth quarter revenue of $31.0 million and full year revenue of $121.5 million, an increase of 52% and 139%, respectively, compared to the same periods from the prior year.
Fourth quarter gross profit of $15.5 million and full year gross profit of $66.3 million, an increase of 33% and 112%, respectively, compared to the same periods from the prior year.
Fourth quarter Adjusted EBITDA* of $8.3 million and full year Adjusted EBITDA of $43.1 million, a change of –7% and 144%, respectively, compared to the same periods from the prior year.
Working capital at December 31, 2021 of $17.4 million compared to a working capital deficit of $2.2 million at December 31, 2020.
Fourth quarter cash flow provided by operations of $7.9 million and full year cash flow provided by operations of $35.9 million, an increase of 347% and 961%, respectively, compared to the same periods from the prior year