Earnings ·
MariMed Inc. reported financial results for the second quarter ended June 30, 2026, announcing record quarterly…
MRMDMarimed Inc.
MariMed Inc. reported financial results for the second quarter ended June 30, 2026, announcing record quarterly revenue of $41.9 million, a 6% increase from the prior year period. For the six-month period, total revenue reached $81.4 million. The company posted a GAAP net loss of $3.6 million for the quarter and $7.3 million for the first half of the year, compared to non-GAAP adjusted EBITDA of $3.9 million and $7.5 million respectively. Management highlighted sequential revenue growth in both wholesale and retail segments, with retail transactions increasing 7% and branded product distribution expanding to 85% of available storefronts. MariMed operates as a multi-state cannabis cultivator, processor, and retailer.