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)
3 Months Ended
Mar. 31, 2021
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%  

Mari Holdings Metropolis LLC

   

100.0%

 

Mari Holdings Mt. Vernon 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

 

    2021     2020  
Life of instrument     3.0 to 5.0 years       3.0 years  
Volatility factors     1.230 to 1.266       1.059  
Risk-free interest rates     0.36% to 0.85%       1.30%  
Dividend yield     0%       0%