NOTE 11- NON-CONTROLLING INTEREST
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12 Months Ended |
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Dec. 31, 2014
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Equity [Abstract] | |
NOTE 11-NON-CONTROLLING INTEREST |
NOTE 11- NON-CONTROLLING INTEREST
Effective September 29, 2014, in connection with the acquisition of Sigal Consulting LLC., the Companys percentage of ownership in MariMed Advisors, Inc., its subsidiary, decreased from 100% to 51%. The acquisition resulted in an allocation of ownership interest valued at $(41,159) to the noncontrolling shareholders. During December 31, 2014 year ended, $201,750 net loss are attributed to noncontrolling interest. On December 31, 2014, the noncontrolling interest is $ 242,909. |
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- Details
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- Definition
The entire disclosure for accounts comprising shareholders' equity, comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income, and compensation-related costs for equity-based compensation. Includes, but is not limited to, disclosure of policies, compensation plan details, equity-based arrangements to obtain goods and services, deferred compensation arrangements, and employee stock purchase plan details. No definition available.
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