secwatch.observer — SEC 8-K summary
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Issuer:     MARIMED INC. (MRMD)
CIK:        0001522767
Form:       8-K
Filed at:   2022-08-08T23:59:59+00:00
Accession:  0001493152-22-021653
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MariMed Q2 revenue $33.0M (+1% YoY); GAAP net income falls 75% to $1.9M
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- Revenue $33.0M vs $32.6M year ago; gross margin dropped to 45% from 60%.
- GAAP net income $1.9M vs $7.6M; Non-GAAP Adjusted EBITDA $8.9M vs $13.9M.
- Working capital declined to $8.9M from $13.9M; no guidance provided.
- CEO cited increased dispensary traffic despite industry headwinds and 40-year high inflation.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1522767/000149315222021653/0001493152-22-021653-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1522767/000149315222021653/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-22-021653

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer