MariMed Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Debt (Details Narrative)

Debt (Details Narrative)		1 Months Ended									3 Months Ended	4 Months Ended	12 Months Ended
Debt (Details Narrative)	Feb. 29, 2020 USD ($)	Jan. 31, 2020 USD ($)	Dec. 31, 2019 USD ($) ft² $ / shares shares	Jun. 30, 2019 USD ($)	Apr. 30, 2019 USD ($)	Mar. 31, 2019 USD ($) ft²	Dec. 31, 2018 USD ($) $ / shares shares	Sep. 30, 2018 USD ($) $ / shares shares	Nov. 30, 2017 ft²	May 31, 2016 ft²	Mar. 30, 2020 shares	Dec. 31, 2018 USD ($) $ / shares shares	Dec. 31, 2019 USD ($) ft² $ / shares shares	Dec. 31, 2018 USD ($) $ / shares shares	Sep. 30, 2016 ft²
Area of land \| ft²			300,000										300,000
Proceeds from issuance of promissory notes													$ 19,760,000	$ 3,206,338
Repayment of notes														700,000
Debt conversion of convertible debt														$ 1,904,316
Common stock, subscriptions \| shares			3,236,857				97,136					97,136	3,236,857	97,136
Subsequent Event [Member]
Number of common stock issued during period \| shares											3,236,857
Secured Promissory Notes [Member] \| MariMed Hemp Inc. [Member]
Interest expenses													$ 1,307,000
Secured Promissory Notes [Member] \| MariMed Hemp Inc. [Member] \| Gen Canna [Member]
Debt principal amount					$ 1,000,000
Debt maturity description					December 31, 2019
Debt instrument, extended maturity description					The principal balance plus a payment of $180,000, initially due on December 31, 2019, was extended to March 31, 2020
Repayment of notes					$ 180,000
Secured Promissory Notes [Member] \| MariMed Hemp Inc. [Member] \| Note Holder [Member]
Repayment of notes					$ 30,000
Promissory Note [Member] \| Minimum [Member]
Debt conversion price \| $ / shares							$ 0.65					$ 0.65		$ 0.65
Promissory Note [Member] \| Maximum [Member]
Debt conversion price \| $ / shares							$ 0.90					$ 0.90		$ 0.90
Promissory Notes [Member]
Debt principal amount			$ 1,047,000										1,047,000
Repayment of notes														$ 700,000
Accrued interest			$ 7,590,000										7,590,000
Debt conversion of convertible debt							$ 1,075,000							$ 2,500,000
Debt conversion of convertible shares \| shares							1,568,375
Fair value of common stock							$ 829,000
Number of common stock issued during period \| shares													2,435,116	3,827,373
Common stock, subscriptions \| shares			0				79,136					79,136	0	79,136
Promissory Notes [Member] \| Individuals and Accredited Investors [Member]
Debt maturity description													Maturing in 2020 and 2021.
Proceeds from issuance of promissory notes													$ 2,760,000
Promissory Notes [Member] \| Individuals and Accredited Investors [Member] \| Minimum [Member]
Interest rate													10.00%
Promissory Notes [Member] \| Individuals and Accredited Investors [Member] \| Maximum [Member]
Interest rate													18.00%
Promissory Notes [Member] \| Subsequent Event [Member]
Debt principal amount	$ 3,000,000
Delaware [Member]
Area of land \| ft²						100,000									45,000
Mortgage Agreement [Member]
Agreement term									10 years
Debt payment, description									This mortgage was personally guaranteed by the Company's CEO and CFO. From the mortgage date through May 2019, the Company was required to make monthly payments of interest-only at a rate equal to the prime rate plus 2%, with a floor of 6.25% per annum. From May 2019 to May 2024, the Company is required to make principal and interest payments at a rate equal to the prime rate on May 2, 2019 plus 2%, with a floor of 6.25% per annum. Principal and interest payments shall continue from May 2024 through the end of the lease at a rate equal to the prime rate on May 2, 2024 plus 2%, with a floor of 6.25% per annum.
Debt principal amount			$ 4,825,000				$ 4,895,000					$ 4,895,000	$ 4,825,000	$ 4,895,000
Debt principal amount, current			94,000				63,000					63,000	94,000	63,000
Mortgage Agreement [Member] \| DuQuoin State Bank [Member ]
Area of land \| ft²										3,400
Debt principal amount			829,000				850,000					850,000	829,000	850,000
Debt principal amount, current			24,000				23,000					23,000	24,000	23,000
Interest rate										8.50%
Debt instrument, extended maturity description										The mortgage was renewed in May 2019 at a rate of 8.5% per annum.
Mortgage Agreement [Member] \| Prime Rate [Member]
Variable rate									2.00%
Mortgage Agreement [Member] \| Prime Rate [Member] \| May 2, 2019 [Member]
Variable rate									2.00%
Mortgage Agreement [Member] \| Prime Rate [Member] \| May 2, 2024 [Member]
Variable rate									2.00%
Mortgage Agreement [Member] \| Floor Rate [Member]
Variable rate									6.25%
Mortgage Agreement [Member] \| Floor Rate [Member] \| May 2, 2019 [Member]
Variable rate									6.25%
Mortgage Agreement [Member] \| Floor Rate [Member] \| May 2, 2024 [Member]
Variable rate									6.25%
Mortgage Agreement [Member] \| New Bedford, Massachusetts [Member]
Area of land \| ft²									138,000
Cultivating and processing facility \| ft²									70,000
Mortgage Agreement [Member] \| Delaware [Member]
Area of land \| ft²									45,070
Debt principal amount			1,682,000				1,792,000					1,792,000	1,682,000	1,792,000
Debt principal amount, current			$ 105,000				102,000					102,000	105,000	102,000
Debt maturity description									The mortgage matures in 2031
Mortgage Agreement [Member] \| Delaware [Member] \| Prime Rate [Member]
Interest rate									1.50%
Mortgage Agreement [Member] \| Delaware [Member] \| Floor Rate [Member]
Interest rate									5.25%
Mortgage Agreement [Member] \| Delaware [Member] \| September 2021 [Member]
Interest rate									5.25%
10M Note [Member] \| Secured Promissory Notes [Member] \| MariMed Hemp Inc. [Member]
Debt principal amount				$ 10,000,000
Proceeds from issuance of promissory notes				$ 10,000,000
Interest expenses													$ 523,000
Warrant term			3 years										3 years
Number of warrants issued to purchase common stock \| shares			375,000										375,000
Warrant exercise price \| $ / shares			$ 4.50										$ 4.50
Fair value of warrants													$ 601,000
Note carrying value			$ 9,920,000										9,920,000
10M Note [Member] \| Secured Promissory Notes [Member] \| MariMed Hemp Inc. [Member] \| Subsequent Event [Member]
Repayment of notes		$ 1,500,000
10M Note [Member] \| Promissory Note [Member] \| Subsequent Event [Member]
Debt principal amount	$ 10,000,000
11.5M Note [Member] \| Subsequent Event [Member]
Debt maturity description	Due on or before April 30, 2020
11.5M Note [Member] \| Promissory Note [Member] \| Subsequent Event [Member]
Debt principal amount	$ 11,500,000
Debt maturity description	Due on June 15, 2020
Interest rate	15.00%
11.5M Note [Member] \| Promissory Note [Member] \| Subsequent Event [Member] \| Minimum [Member]
Repayment of notes	$ 2,300,000
Amortization payments	$ 3,000,000
6M Note [Member] \| Secured Promissory Notes [Member]
Debt maturity description						April 30, 2020
Interest rate						13.00%
Debt instrument, extended maturity description						The note's initial maturity date of December 31, 2019 was extended to March 31, 2020.
Interest expenses			300,000
Promissory notes issued						$ 6,000,000
Service fee						$ 900,000
Accrued interest			635,000										635,000
3M Note [Member] \| Secured Promissory Notes [Member]
Debt maturity description								March 31, 2020
Interest rate								10.00%
Debt instrument, extended maturity description								The $3M Note was extended for an additional six months in accordance with its terms, with the interest rate increasing to 12% per annum during the extension period. The $3M Note is secured by the Company's property in Maryland.
Fair value of warrants								$ 1,511,000
3M Note [Member] \| Promissory Notes [Member]
Amortization payments												882,000	629,000
Warrant term								3 years
Number of warrants issued to purchase common stock \| shares								750,000
Warrant exercise price \| $ / shares								$ 1.80
Note carrying value			$ 3,000,000				2,370,000					2,370,000	$ 3,000,000	2,370,000
Note discount recorded							$ 629,000					$ 629,000		$ 629,000