Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies (Tables)

v3.19.3
Summary of Significant Accounting Policies (Tables)
9 Months Ended
Sep. 30, 2019
Accounting Policies [Abstract]  
Schedule of Majority Owned Subsidiaries

The accompanying condensed consolidated financial statements 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 %
MariMed Hemp Inc.     100.0 %
MediTaurus LLC     70.0 %
Schedule of Assumptions Used

The following table summarizes the range of inputs used by the Company during the nine months ended September 30, 2019 and 2018:

 

    Nine Months Ended September 30,  
    2019     2018  
Life of instrument     2.3 to 3.0 years       0.5 to 5.0 years  
Volatility factors     1.059 to 1.106       1.020 to 2.086  
Risk-free interest rates     1.42% to 2.28%       1.92% to 2.99%  
Dividend yield     0%     0%