How many r's are in the name?
heard as marrchantia
spelled marchantia
One. marrchantia should be Marchantia.
What the ear did
Doubling looks right because the syllable break falls immediately after the r. The name is not built from English parts, so English syllable habits do not apply: it is Marchant with -ia added.
M-A-R-C-H-A-N-T-I-A
The full entry for marchantia covers the name itself.