MariMed Q2 FY26 GAAP net loss widens to $3.6 million; revenue rises 6.12% to $41.9 million

Reuters2026/08/12 21:01

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MariMed posted Q2 revenue of $41.9 million, up 6.12% year over year, marking its highest quarterly revenue.
Net loss widened to $3.6 million from $1.4 million; operating income slipped to $418,000 from $1.02 million.
GAAP gross margin fell 1.6 percentage points to 38.7%.
Non-GAAP adjusted EBITDA declined to $3.95 million from $4.79 million.
CEO Jon Levine cited sequential gains in wholesale and retail revenue, positive operating cash flow, and continued focus on “Expand the Brand” growth.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Marimed Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608121700PRIMZONEFULLFEED9808989) on August 12, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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MariMed Q2 FY26 GAAP net loss widens to $3.6 million; revenue rises 6.12% to $41.9 million

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