Replies to post #3648 on MariMed Inc (MRMD)

[buylosellhi]

The whole sector and the market in general is down today, I wouldnt' look too much into today's action. Wait until fins come out and see how they look. As for the financing they can grow much faster with that kind of financing versus using their working capital.

[roofus krile]

Toxic Financing! I know stocks trading @ .15 And They Have sold Shares At .75 Cents. So why Is Mari Med Basically Selling Shares For .45.Cents When Their Stock Is..80. Thanx Buddy For Turning Me On To This...Cheers

[SmokeABull]

I agree with that. The financing and dilution doesn’t sit right with me.

Also, if their plan is to develop 300,000sq/ft of cultivation and production space...why aren’t they making any moves?! They’re sitting on 17 licenses with nothing to show for it. If they want to expand without having to raise so much capital, why don’t they use the services of a company like Innovative Industrial Properties? Companies like Trulieve, curaleaf, Green Thumb, Cresco and others are using their services and thriving.