MRMD (MariMed) Construction In Progress: $0.9 Mil (As of Mar. 2026)


What is MariMed Construction In Progress?

MariMed MRMD -1.96% Construction In Progress is $0.9 Mil as of Mar. 2026. The stock has 5 warning signs investors should review.

MariMed's quarterly construction in progress declined from Sep. 2025 ($0.6 Mil) to Dec. 2025 ($0.6 Mil) but then increased from Dec. 2025 ($0.6 Mil) to Mar. 2026 ($0.9 Mil).

MariMed's annual construction in progress declined from Dec. 2023 ($0.4 Mil) to Dec. 2024 ($0.1 Mil) but then increased from Dec. 2024 ($0.1 Mil) to Dec. 2025 ($0.6 Mil).

MariMed Construction In Progress Historical Data

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The historical data trend for MariMed's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

MariMed Construction In Progress Chart

MariMed Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.57 4.76 0.43 0.08 0.57

MariMed Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.11 0.57 0.59 0.57 0.90

MariMed Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

What does a Construction In Progress of $0.9 Mil mean?
MariMed (MRMD) has a Construction In Progress of $0.9 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on MariMed and its competitors.
Is MariMed's Construction In Progress too high?
MariMed's current Construction In Progress is $0.9 Mil.
How does MariMed's Construction In Progress compare to CPHI and RMTI?
MariMed's Construction In Progress of $0.9 Mil can be compared against companies in the Drug Manufacturers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Construction In Progress for a Drug Manufacturers company?
A good Construction In Progress depends on the Drug Manufacturers industry context. However, Construction In Progress should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Construction In Progress mean?
A high Construction In Progress can signal that a stock is expensive relative to its fundamentals. Construction in Progress records the amount of construction work that is not complete. View historical data on MariMed and its competitors. MariMed's current Construction In Progress is $0.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MariMed stock overvalued right now?
Based on GuruFocus' analysis, MariMed (MRMD) is currently considered Possible Value Trap. The stock's GF Value™ is $0.16, compared to a current price of $0.07 — trading 55.4% below its estimated fair value. The current Construction In Progress is $0.9 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Construction In Progress calculated?
Construction In Progress is calculated from a company's financial statements. For MariMed (MRMD), the current Construction In Progress is $0.9 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

MariMed Business Description

Other Exchanges MRMD:Canada
Address 10 Oceana Way, Floor 2, Norwood, MA, USA, 02062
MariMed Inc is a multi-state cannabis operator in the United States dedicated to improving lives every day through its high-quality products. The company develops, owns, and manages seed to sale state-licensed, regulatory-compliant facilities for the cultivation, production, and dispensing of medicinal and adult-use cannabis. It has created and continues to develop its own brands of cannabis flower, concentrates, edibles, and other precision-dosed products utilizing its proprietary strains and formulations. The company also licenses its proprietary brands, along with other top cannabis products, in select domestic markets. Its operations are conducted in compliance with applicable state and local laws and regulations in the jurisdictions in which it operates.