---
schema_version: "secwatch.filing_event.v1"
accession: "0001522767-24-000040"
form_type: "8-K"
ticker: "MRMD"
cik: "0001522767"
company_name: "MARIMED INC."
filed_at: "2024-05-08T23:59:59+00:00"
generated_at: "2026-06-02T09:48:26.356031+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# MariMed Q1 2024 revenue up 10% to $37.9M; net loss widens to $1.3M, adjusted EBITDA down

## Summary
- Revenue of $37.9M (+10% YoY); GAAP gross margin 43% vs 45% in prior year.
- GAAP net loss $1.3M (vs $0.7M loss); non-GAAP net loss $0.6M (vs $0.3M income).
- Adjusted EBITDA $4.7M vs $7.1M; margin 12% vs 21%; CEO cites wholesale growth.
- 17th consecutive quarter of positive adjusted EBITDA; management reaffirms strategic plan.

## SEC filing metadata
- accession: 0001522767-24-000040
- form_type: 8-K
- ticker: MRMD
- cik: 0001522767
- company_name: MARIMED INC.
- filed_at: 2024-05-08T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1522767/000152276724000040/0001522767-24-000040-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1522767/000152276724000040/mrmd-20240508.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001522767-24-000040
- JSON: https://secwatch.observer/filing/0001522767-24-000040.json
- Plain text: https://secwatch.observer/filing/0001522767-24-000040.txt

## Key facts
- Earnings Releases
  MARIMED INC. reported the first quarter ended March 31, 2024 results: revenue $ 37.9, net income $ (1.3).
  - Period: the first quarter ended March 31, 2024
  - Revenue: $ 37.9
  - Net income: $ (1.3)
  - Result: reported results
  source text: 1 The following table summarizes the Company's consolidated financial highlights (in millions, except percentage amounts): Three months ended March 31, 2024 2023 Revenue $ 37.9 $ 34.4 GAAP Gross margin 43 % 45 % Non-GAAP Gross margin 44 % 46 % GAAP Net loss $ (1.3) $ (0.7) Non-GAAP Net (loss) income $ (0.6) $ 0.3 Non-GAAP Adjusted EBITDA $ 4.7 $ 7.1
  evidence_url: https://www.sec.gov/Archives/edgar/data/1522767/000152276724000040/0001522767-24-000040-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.