Annual report pursuant to Section 13 and 15(d)

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Dec. 31, 2020
Accounting Policies [Abstract]  
SCHEDULE OF MAJORITY OWNED SUBSIDIARIES

The accompanying condensed consolidated financial statements include the accounts of MariMed Inc. and the following majority-owned subsidiaries:

 

Subsidiary:   Percentage
Owned
 
MariMed Advisors Inc.     100.0%
Mia Development LLC       89.5%
Mari Holdings IL LLC     100.0%
Mari Holdings MD LLC       97.4%
Mari Holdings NV LLC     100.0%
Hartwell Realty Holdings LLC     100.0%
iRollie LLC     100.0%
ARL Healthcare Inc.     100.0%
KPG of Anna LLC     100.0%
KPG of Harrisburg LLC     100.0%
MariMed Hemp Inc.     100.0%
MediTaurus LLC       70.0%
SCHEDULE OF ASSUMPTIONS USED

 

    2020     2019  
Life of instrument     0.8 to 4.3 years       1.5 to 4.0 years  
Volatility factors     1.059 to 1.180       1.039 to 1.106  
Risk-free interest rates     0.26% to 1.3%     1.42% to 2.28%
Dividend yield     0%       0%