Quarterly report pursuant to Section 13 or 15(d)

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

v3.21.2
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
9 Months Ended
Sep. 30, 2021
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 at September 30, 2021:

 

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%
Mari Holdings Metropolis LLC     70.0%
Mari Holdings Mt. Vernon 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     100.0%
SCHEDULE OF ASSUMPTIONS USED

 

    Nine Months Ended

September 30,
 
    2021     2020  
Life of instrument     3.0 to 5.0 years       2.7 to 4.3 years  
Volatility factors     1.230 to 1.266       1.059 to 1.180  
Risk-free interest rates     0.36% to 0.90%       0.26% to 1.30%  
Dividend yield     0%       0%