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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
3 Months Ended
Mar. 31, 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:

 

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

   

100.0%

 

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   70.0% 
SCHEDULE OF ASSUMPTIONS USED

 

   2021   2020 
Life of instrument   3.0 to 5.0 years    3.0 years 
Volatility factors   1.230 to 1.266    1.059 
Risk-free interest rates   0.36% to 0.85%    1.30% 
Dividend yield   0%    0%