Quarterly report pursuant to Section 13 or 15(d)

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
6 Months Ended
Jun. 30, 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

 

 

    Six Months Ended June 30,  
    2020     2019  
Life of instrument     3.0 years       3.0 years  
Volatility factors     1.059 to 1.180       1.059 to 1.106  
Risk-free interest rates     0.33% to 1.33%       1.76% to 2.28%  
Dividend yield     0%     0%