NOTE 6 - PROPERTY AND EQUIPMENT |
3 Months Ended |
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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.
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