Quarterly report pursuant to Section 13 or 15(d)

MORTGAGES AND NOTES PAYABLE - Narrative (Details)

v3.23.2
MORTGAGES AND NOTES PAYABLE - Narrative (Details)
1 Months Ended 3 Months Ended 6 Months Ended
May 26, 2023
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Feb. 21, 2023
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Jan. 24, 2023
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Dec. 30, 2022
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Apr. 30, 2022
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Aug. 31, 2021
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Jul. 31, 2021
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shares
Jun. 30, 2023
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note
Mar. 31, 2022
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shares
Jun. 30, 2023
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note
Jun. 30, 2022
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May 31, 2023
Dec. 31, 2022
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note
Jul. 31, 2022
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Short-Term Debt [Line Items]                            
Common stock issued to purchase property and equipment               $ 300,000   $ 300,000        
Present value of note payable               $ 32,079,000   32,079,000        
Cash paid for interest                   $ 2,741,000 $ 647,000      
Number of notes payable outstanding | note               4   4     2  
Metropolis, IL Facility                            
Short-Term Debt [Line Items]                            
Common stock issued to purchase property and equipment (in shares) | shares             750,000              
Common stock issued to purchase property and equipment             $ 705,000              
Metropolis, IL Facility | MariMed, Inc.                            
Short-Term Debt [Line Items]                            
Ownership percentage by parent             70.00%              
Metropolis, IL Facility | Mari Holdings Metropolis, LLC                            
Short-Term Debt [Line Items]                            
Consideration transferred for asset acquisition, ownership of affiliate             30.00%              
Greenhouse Naturals, LLC (Beverly Asset Purchase)                            
Short-Term Debt [Line Items]                            
Debt principal amount, current               $ 1,300,000   $ 1,300,000     $ 900,000  
Fair value of notes payable               4,400,000   4,400,000     4,300,000  
Note issued for asset acquisition       $ 5,000,000                    
Present value of note payable                         4,300,000  
Ermont Acquisition                            
Short-Term Debt [Line Items]                            
Note payable   $ 4,569,000                        
Mortgages                            
Short-Term Debt [Line Items]                            
Debt principal amount, current               700,000   700,000     1,491,000  
Present value of note payable               $ 19,336,000   $ 19,336,000     20,519,000  
Mortgages | Metropolis, IL Facility                            
Short-Term Debt [Line Items]                            
Debt principal paid down             $ 1,600,000              
Promissory Notes | Ermont Acquisition                            
Short-Term Debt [Line Items]                            
Stated interest rate   6.00%                        
Note payable   $ 7,000,000                        
Term of interest only payments   2 years                        
Notes due upon equity capital raised after acquisition   $ 75,000,000                        
Unamortized discount   $ 2,400,000                        
Term first payment due   2 years                        
Term of promissory note   6 years                        
Note payable   $ 4,600,000                        
Amended BNE Agreement | Mortgages                            
Short-Term Debt [Line Items]                            
Stated interest rate               6.50%   6.50%        
Debt principal amount, current               $ 393,000   $ 393,000     382,000  
BNE Mortgage - New Bedford, MA property | Mortgages                            
Short-Term Debt [Line Items]                            
Debt principal paid down                   4,800,000        
BNE - Middleboro, MA Property | Mortgages                            
Short-Term Debt [Line Items]                            
Debt principal paid down                   $ 7,200,000        
BNE Delaware Mortgage | Mortgages                            
Short-Term Debt [Line Items]                            
Stated interest rate               5.25%   5.25%        
Debt principal amount, current               $ 129,000   $ 129,000     126,000  
Periodic rate adjustments, term               5 years   5 years        
BNE Delaware Mortgage | Prime Rate | Mortgages                            
Short-Term Debt [Line Items]                            
Variable interest rate                   1.50%        
BNE Delaware Mortgage | Floor Rate | Mortgages                            
Short-Term Debt [Line Items]                            
Stated interest rate               5.25%   5.25%        
DuQuoin Mortgage | Mortgages                            
Short-Term Debt [Line Items]                            
Stated interest rate                       9.75%    
Debt principal amount, current               $ 26,000   $ 26,000     36,000  
DuQuoin Mount Vernon Mortgage | Mortgages                            
Short-Term Debt [Line Items]                            
Mortgage term                           20 years
DuQuoin Mount Vernon Mortgage | Mari Holdings Mt Vernon LLC | Secured Debt                            
Short-Term Debt [Line Items]                            
Debt instrument, face amount                           $ 3,000,000
DuQuoin Mount Vernon Mortgage | Prime Rate | Mortgages                            
Short-Term Debt [Line Items]                            
Stated interest rate                           7.75%
DuQuoin Mount Vernon Mortgage | Floor Rate | Mortgages                            
Short-Term Debt [Line Items]                            
Interest rate floor                           7.75%
DuQuoin Metropolis Mortgage | Mortgages                            
Short-Term Debt [Line Items]                            
Stated interest rate             6.25%              
Debt principal amount, current               81,000   81,000     77,000  
Debt instrument, face amount             $ 2,700,000              
South Porte Bank Mortgage | Mortgages                            
Short-Term Debt [Line Items]                            
Debt principal paid down $ 778,000                          
Monthly payment           $ 6,000                
June 2020 Promissory Note Conversion                            
Short-Term Debt [Line Items]                            
Debt instrument, face amount                 $ 400,000          
Conversion of promissory notes to stock (in shares) | shares                 1,142,858          
The Kind Notes | Promissory Notes | Kind Acquisition                            
Short-Term Debt [Line Items]                            
Stated interest rate         6.00%                  
Debt principal paid down     $ 5,400,000                      
Debt instrument, face amount         $ 6,500,000                  
Present value of note payable                         5,500,000  
Term of promissory note         4 years                  
Notes payable, current                         1,600,000  
Cash paid for interest     $ 420,000                      
DuQuoin State Bank - Mt. Vernon, IL property | Mortgages                            
Short-Term Debt [Line Items]                            
Debt principal amount, current               70,000   70,000     68,000  
Present value of note payable               2,940,000   2,940,000     2,974,000  
Ermont Promissory Note | Promissory Notes                            
Short-Term Debt [Line Items]                            
Fair value of notes payable               4,700,000   4,700,000        
Beverly Note | Promissory Notes | Greenhouse Naturals, LLC (Beverly Asset Purchase)                            
Short-Term Debt [Line Items]                            
Unamortized discount                         700,000  
Three Vehicle Notes | Secured Debt                            
Short-Term Debt [Line Items]                            
Notes payable, current               27,000   27,000     12,000  
Notes payable               $ 149,000   $ 149,000     $ 48,000  
Weighted average interest rate               10.59%   10.59%     8.19%  
Remaining terms on notes               4 years 8 months 4 days   4 years 8 months 4 days     4 years 25 days