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
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.
著名的多州大麻運營商MariMed Inc.(場外交易代碼:MRMD)正在加倍實施其增長戰略,在密蘇里州啓動製造業務,同時擴大伊利諾伊州的產能。
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.
隨着密蘇里州進入第六個運營州,MariMed的目標是在11月下旬之前將其品牌產品範圍擴展到全州,包括Betty's Eddies水果咀嚼片和Bubby's Baked甜點,在假日前及時進入密蘇里州蓬勃發展的市場。
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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首席營收官瑞安·克蘭德爾對密蘇里州的擴張表示樂觀。「將我們的品牌產品擴展到密蘇里州一直是我們的關鍵目標。密蘇里州快速增長的市場渴望高質量的產品。」
Until regulatory approval for license transfer is granted, MariMed will operate the Missouri facility under a Managed Services Agreement (MSA).
在監管部門批准許可證轉讓之前,MariMed將根據管理服務協議(MSA)運營密蘇里州的設施。
Strategic Growth In Illinois: A $496 Million Market
伊利諾伊州的戰略增長:4.96億美元的市場
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%,而4.96億美元的大麻市場主要是由娛樂銷售推動的。
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.
Zuanic & Associates的分析師巴勃羅·祖安尼克強調了伊利諾伊州的重要性,儘管面臨人均支出(160美元)下降和每家門店收入減少等挑戰,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正在投資770萬美元新建一個佔地14,000平方英尺的種植地,利用伊利諾伊州的高批發價格並提高其生產能力,預計將於2025年初開始銷售。
Read Also: M&A Frenzy And Deflation Post-Election: Which Companies Are Ready To Win Big In Florida's Cannabis Market
另請閱讀:大選後的併購狂潮和通貨緊縮:哪些公司準備在佛羅里達州的大麻市場大獲全勝
Mixed Results Across State Markets
各州市場的業績好壞參半
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。馬里蘭州成熟的大麻市場第三季度銷售額爲2.92億美元,同比增長8%。
Meanwhile, Massachusetts faced price deflation, leading to a 17% drop in branded sales.
同時,馬薩諸塞州面臨價格通貨緊縮,導致品牌銷售下降17%。
譯文內容由第三人軟體翻譯。