Quarterly report pursuant to Section 13 or 15(d)

NOTE 6 - PROPERTY AND EQUIPMENT

v3.7.0.1
NOTE 6 - PROPERTY AND EQUIPMENT
3 Months Ended
Mar. 31, 2017
Notes to Financial Statements  
NOTE 6 - PROPERTY AND EQUIPMENT

NOTE 6 - PROPERTY AND EQUIPMENT

During the three months ended March 31, 2017 the Company invested $1,806,655 in rental properties and rental equipment. All purchases were related to our MariMed Advisors subsidiary. During the three months ended March 31, 2016 the Company purchased $653,699 in rental properties and rental equipment. All purchases were related to our MariMed Advisors subsidiary.

Depreciation expense for the three months ended March 31, 2017 was $69,827. Depreciation expense for the three months ended March 31, 2016 was $35,439.