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
- Uncategorized Items - world-20150630.xml

NOTE 10 - NON-CONTROLLING INTEREST

NOTE 10 - NON-CONTROLLING INTEREST	6 Months Ended
Jun. 30, 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 six months ended June 30, 2015, $184,948 net loss attributed to noncontrolling interest. On December 31, 2014 the noncontrolling interest is $(242,909).

NOTE 10 - NON-CONTROLLING INTEREST

6 Months Ended

Jun. 30, 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 six months ended June 30, 2015, $184,948 net loss attributed to noncontrolling interest. On December 31, 2014 the noncontrolling interest is $(242,909).