MariMed Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Cover
- Document and Entity Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- NOTE 1 - DESCRIPTION OF BUSINESS & SUMMARY OF ACCTING POLICIES (Policies)
Notes Tables
Notes Details
Uncategorized

NOTE 10 - NON-CONTROLLING INTEREST

NOTE 10 - NON-CONTROLLING INTEREST	3 Months Ended
Mar. 31, 2015
Notes to Financial Statements
NOTE 10 NON-CONTROLLING INTEREST	NOTE 10 NON-CONTROLLING INTEREST Effective September 29, 2014, in connection with the acquisition of Sigal Consulting LLC., the Company’s 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 the three months ended March 31, 2015, $110,762 net loss attributed to noncontrolling interest. On December 31, 2014 the noncontrolling interest is $242,909.

NOTE 10 - NON-CONTROLLING INTEREST

3 Months Ended

Mar. 31, 2015

Effective September 29, 2014, in connection with the acquisition of Sigal Consulting LLC., the Company’s 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 the three months ended March 31, 2015, $110,762 net loss attributed to noncontrolling interest. On December 31, 2014 the noncontrolling interest is $242,909.