0000000000-19-016781.txt : 20200306 0000000000-19-016781.hdr.sgml : 20200306 20191223174448 ACCESSION NUMBER: 0000000000-19-016781 CONFORMED SUBMISSION TYPE: UPLOAD PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20191223 FILED FOR: COMPANY DATA: COMPANY CONFORMED NAME: MARIMED INC. CENTRAL INDEX KEY: 0001522767 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROCESSING & DATA PREPARATION [7374] IRS NUMBER: 274672745 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: UPLOAD BUSINESS ADDRESS: STREET 1: 26 OSSIPEE RD STREET 2: SUITE 201 CITY: NEWTON STATE: MA ZIP: 02464 BUSINESS PHONE: 617-795-5140 MAIL ADDRESS: STREET 1: 26 OSSIPEE RD STREET 2: SUITE 201 CITY: NEWTON STATE: MA ZIP: 02464 FORMER COMPANY: FORMER CONFORMED NAME: WORLDS ONLINE INC. 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end TEXT-EXTRACT 2 filename2.txt December 23, 2019 Jon R. Levine Chief Financial Officer MariMed Inc. 10 Oceana Way Norwood, MA 02062 Re: MariMed Inc. Form 10-K for the Fiscal Year Ended December 31, 2018 Filed April 16, 2019 File No. 000-54433 Dear Mr. Levine: We have reviewed your filing and have the following comment. In some of our comments, we may ask you to provide us with information so we may better understand your disclosure. Please respond to this comment within ten business days by providing the requested information or advise us as soon as possible when you will respond. If you do not believe our comment applies to your facts and circumstances, please tell us why in your response. After reviewing your response to this comment, we may have additional comments. Form 10-K for the Fiscal Year Ended December 31, 2018 Liquidity and Capital Resources, page 21 1. We note that you raised $45 million and $29.2 million in financing transactions in 2018 and nine months ended September 30, 2019. You also had significant negative cash flows from operations for both the fiscal year ended December 31, 2018 and nine months ended September 30, 2019. As such, please expand your Liquidity and Capital Resources section to identify any material liquidity deficiencies. Address any known trends or any known demands, commitments, events or uncertainties that will result in or that are reasonably likely to result in liquidity increasing or decreasing in any material way. Your discussion should analyze your ability to meet your liquidity needs both on a long-term and short-term basis. Also, tell us how you considered the going concern guidance in ASC 205-40. Provide us with your proposed future disclosure. Jon R. Levine MariMed Inc. December 23, 2019 Page 2 We remind you that the company and its management are responsible for the accuracy and adequacy of their disclosures, notwithstanding any review, comments, action or absence of action by the staff. You may contact Inessa Kessman, Senior Staff Accountant at 202-551-3371 or Robert Littlepage, Accounting Branch Chief at 202-551-3361 if you have any questions. FirstName LastNameJon R. Levine Sincerely, Comapany NameMariMed Inc. Division of Corporation Finance December 23, 2019 Page 2 Office of Technology FirstName LastName