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MariMed Inc. (OTCMKT:MRMD) Seasonal Chart

Seasonal Chart Analysis

Analysis of the MariMed Inc. (OTCMKT:MRMD) seasonal charts above shows that a Buy Date of October 21 and a Sell Date of January 27 has resulted in a geometric average return of 58.36% above the benchmark rate of the S&P 500 Total Return Index over the past 9 years. This seasonal timeframe has shown positive results compared to the benchmark in 8 of those periods. This is a very good rate of success and the return strongly outperforms the relative buy-and-hold performance of the stock over the past 9 years by an average of 30.71% per year.

The seasonal timeframe correlates Poorly with the period of seasonal strength for the Healthcare sector, which runs from April 25 to December 4. The seasonal chart for the broad sector is available via the following link: Healthcare Sector Seasonal Chart.

A word of caution: Only 9 years of data is available for shares of MRMD, perhaps insufficient to create a seasonal profile that accurately gauges the seasonal tendencies influencing the investment. Ideally, while 20 years is preferred, at least 10 years of data is required to perform a seasonal analysis that is considered to be reliable for future seasonal periods.

MariMed Inc is a multi-state operator in the United States cannabis industry. It develops, operates, manages, and optimizes facilities for the cultivation, production and dispensing of medicinal and recreational cannabis. It also licenses its proprietary brands of cannabis and hemp-infused products. The company’s proprietary cannabis genetics produce flowers and concentrates under the brand name Nature’s Heritage, and cannabis-infused products under the brand names Kalm Fusion, in the form of chewable tablets and drink powder mixes, and Betty’s Eddies brand of all-natural fruit chews. The firm derives key revenue from the product it sells.

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