Annual report pursuant to Section 13 and 15(d)

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Dec. 31, 2021
Accounting Policies [Abstract]  
SCHEDULE OF MAJORITY OWNED SUBSIDIARIES

The accompanying consolidated financial statements include the accounts of MariMed Inc. and the following majority-owned subsidiaries at December 31, 2021:

 

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 NJ LLC    

100.0%

 
Mari Holdings NV LLC     100.0%  
Mari Holdings Metropolis LLC     70.0%  
Mari Holdings Mt. Vernon LLC     100.0%  
Mari Mfg 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 OH LLC    

100.0%

 
MariMed Hemp Inc.     100.0%  
MediTaurus LLC     100.0%  
SCHEDULE OF ASSUMPTIONS USED

 SCHEDULE OF ASSUMPTIONS USED

    2021     2020  
Life of instrument     1.5 to 5.0 years       0.8 to 4.3 years  
Volatility factors     1.198 to 1.266       1.059 to 1.180  
Risk-free interest rates     0.4% to 1.3%       0.3% to 1.3%  
Dividend yield     0%       0%