Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies (Tables)

v3.20.1
Summary of Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2020
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     100.0 %  
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 %  
KPG of Anna LLC     100.0 %  
KPG of Harrisburg LLC     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 three month ended March 31, 2020. No options or warrants were issued during the same period in 2019.

 

Life of instrument   3.0 years
Volatility factor   1.06
Risk-free interest rates   1.3%
Dividend yield   0%