Annual report pursuant to Section 13 and 15(d)


12 Months Ended
Dec. 31, 2019
Inventory Disclosure [Abstract]  

Note 6 – Inventory


Inventories are stated at the lower of cost or market. Cost is determined on a standard cost basis that approximates the first-in, first-out (FIFO) method. Market is determined based on net realizable value. Appropriate consideration is given to obsolescence, excessive levels, deterioration, and other factors in evaluating net realizable value. Our cannabis products consist of cannabis flower grown in-house, along with produced extracts. Inventory consisted of $24,682 of raw materials at December 31, 2019.