Annual report pursuant to Section 13 and 15(d)

Summary of Significant Accounting Policies (Tables)

v3.19.1
Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2018
Accounting Policies [Abstract]  
Schedule of Majority Owned Subsidiaries

The accompanying condensed consolidated financial statements at December 31, 2018 and 2017 and for the years then ended include the accounts of MariMed Inc. and the following majority-owned subsidiaries.

 

Subsidiary:   Percentage Owned  
MariMed Advisors Inc.     100.0 %
Mia Development LLC     89.5 %
Mari Holdings IL LLC     60.0 %
Mari Holdings MD LLC     97.4 %
Mari Holdings NV LLC     100.0 %
Hartwell Realty Holdings LLC     100.0 %
iRollie LLC     100.0 %
ARL Healthcare Inc.     100.0 %

Schedule of Assumptions Used

The following table summarizes the range of inputs used by the Company during the prior two fiscal years:

 

    2018     2017  
Life of instrument     0.5 to 5.0 years       3.0 to 5.0 years  
Volatility factors     1.019 to 2.086       0.963 to 1.095  
Risk-free interest rates     1.65% to 3.07%       1.79% to 2.08%  
Dividend yield     0%       0%