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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%