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MariMed (XCNQ:MRMD) Construction In Progress : C$0.2 Mil (As of Mar. 2025)


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What is MariMed Construction In Progress?

MariMed's quarterly construction in progress declined from Sep. 2024 (C$9.6 Mil) to Dec. 2024 (C$0.1 Mil) but then increased from Dec. 2024 (C$0.1 Mil) to Mar. 2025 (C$0.2 Mil).

MariMed's annual construction in progress declined from Dec. 2022 (C$6.5 Mil) to Dec. 2023 (C$0.6 Mil) and declined from Dec. 2023 (C$0.6 Mil) to Dec. 2024 (C$0.1 Mil).


MariMed Construction In Progress Historical Data

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.

* Premium members only.

MariMed Construction In Progress Chart

MariMed Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.02 13.53 6.47 0.57 0.11

MariMed Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 2.13 6.70 9.61 0.11 0.15

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.


MariMed Business Description

Traded in Other Exchanges
Address
10 Oceana Way, Floor 2, Norwood, MA, USA, 02062
MariMed Inc is a multi-state cannabis operator, known for developing and managing state-of-the-art cultivation, production, and retail facilities. Its award-winning portfolio of cannabis brands, including Betty's Eddies, Bubby's Baked, Vibations, InHouse, and Nature's Heritage, sets the company apart as an industry leader. These trusted brands, crafted with quality and innovation, are recognized and loved by consumers across the country. With a commitment to excellence, MariMed continues to drive growth and set new standards in the cannabis industry.
Executives
Jon R. Levine Senior Officer
Timothy Shaw Senior Officer