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Edibles Surge In The Heartland: MariMed's Play For Missouri And Illinois Cannabis Dominance

Edibles Surge In The Heartland: MariMed's Play For Missouri And Illinois Cannabis Dominance

在內陸,大麻股可食用品激增:MariMed 爭取在密蘇里和伊利諾伊州佔據主導地位
Benzinga ·  10/31 10:17

MariMed Inc. (OTC:MRMD), a prominent multi-state cannabis operator is doubling down on its growth strategy by launching manufacturing operations in Missouri while expanding capacity in Illinois.

MariMed Inc.(OTC:MRMD)是一家知名的跨州大麻股運營商,通過在密蘇里州啓動製造業務並擴大伊利諾伊州的產能,加倍了其增長策略。

With Missouri marking its sixth state of operation, MariMed aims to extend its branded product range, including Betty's Eddies fruit chews and Bubby's Baked confections, across the state by late November, tapping into Missouri's burgeoning market just in time for the holidays.

憑藉密蘇里州成爲其第六個運營州,MariMed旨在在州內擴大其品牌產品系列,包括Betty's Eddies水果軟糖和Bubby's Baked糕點,計劃在十一月底前踏入該州市場,抓住密蘇里州日益繁榮的市場,正逢佳節來臨。

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Missouri's Fast-Growing Market

密蘇里州快速增長的市場

MariMed's chief revenue officer Ryan Crandall expressed optimism about the Missouri expansion. "Expanding our branded products into Missouri has been a key goal for us. Missouri's fast-growing market is eager for high-quality products."

MariMed的首席營收官Ryan Crandall對於密蘇里州擴張表示樂觀。"將我們的品牌產品擴展到密蘇里一直是我們的重要目標。密蘇里州快速增長的市場渴望高質量產品。"

Until regulatory approval for license transfer is granted, MariMed will operate the Missouri facility under a Managed Services Agreement (MSA).

在獲得許可轉讓的監管批准之前,MariMed將在密蘇里州設施下執行管理服務協議(MSA)。

Strategic Growth In Illinois: A $496 Million Market

伊利諾伊州的戰略增長:49600萬美元市場

MariMed's expansion in Illinois is critical to its growth, as the state accounted for 40-45% of the company's sales in Q3, amid a $496 million cannabis market driven primarily by recreational sales.

MariMed在伊利諾伊州的擴張對其增長至關重要,因爲該州在第三季度佔公司銷售額的40-45%,在一個主要受休閒銷售推動的49600萬美元大麻市場中表現出色。

Analyst Pablo Zuanic from Zuanic & Associates emphasizes the significance of Illinois, despite challenges like declining per capita spending ($160) and reduced per-store revenue, which dropped to $8.8 million annually.

分析師Pablo Zuanic強調了伊利諾伊州的重要性,儘管面臨諸如人均消費下降(160美元)和每家店鋪的收入減少的挑戰,年收入降至880萬美元。

To capture more market share, MariMed is investing $7.7 million in a new 14,000-square-foot cultivation site, expected to start sales by early 2025, capitalizing on Illinois' high wholesale prices and increasing its production capabilities.

爲了佔據更多的市場份額,MariMed將投資770萬美元建設一個新的1.4萬平方英尺的種植基地,預計將於2025年初開始銷售,並利用伊利諾伊州高昂的批發價格,增加其生產能力。

Read Also: M&A Frenzy And Deflation Post-Election: Which Companies Are Ready To Win Big In Florida's Cannabis Market

閱讀更多:大選後的併購狂潮與通縮:哪些公司準備在佛羅里達的大麻市場大獲成功

Mixed Results Across State Markets

州市場表現參差不齊

In other states, MariMed's performance varies with market dynamics. Maryland's mature cannabis market yielded $292 million in Q3 sales, an 8% increase year-over-year.

在其他州,MariMed的表現因市場動態而異。馬里蘭成熟的大麻市場在第三季度實現了29200萬美元的銷售,同比增長8%。

Meanwhile, Massachusetts faced price deflation, leading to a 17% drop in branded sales.

與此同時,馬薩諸塞州面臨價格通縮,導致品牌銷售下降了17%。

譯文內容由第三人軟體翻譯。


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