Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED)

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CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net Loss $ (21,276,458) $ (11,479,885)
Adjustments to Reconcile Net Loss to Net Cash Used in Operating Activities:    
Gain on Fair Market Valuation of Derivatives (628,000) (2,597,950)
Loss on Fair Market Valuation of Contingent Consideration 4,426,047
Cancellation of shares issued (117,831)
Gain on Settlement of Contingent Consideration (4,991,571)
Loss on Extinguishment of Debt 7,858,723 2,678,595
Amortization of Debt Discount 885,680 1,126,270
Interest income Accreted (136,877)
Depreciation and Amortization 2,147,499 1,778,782
Warrants Issued with Common Stock and Debt 211,534
Stock Issued for Compensation 552,992 1,356,138
Stock Issued for Director Fees 221,973
Stock Issued for Services 123,727 591,359
Stock Option Compensation 954,698 205,019
Changes in Operating Assets and Liabilities:    
Accounts Receivable (250,748) (36,279)
Inventory 1,879,923 (1,323,742)
Prepaid Expenses and Other Current Assets (572,072) (533,808)
Other Assets (120,191) (166,925)
Accounts Payable and Accrued Expenses (1,174,458) 1,383,860
NET CASH USED IN OPERATING ACTIVITIES (9,873,393) (7,150,583)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Issuance of Note Receivable (1,011,711)
Purchase of Property, Equipment and Leasehold Improvements (7,447,564) (1,036,233)
NET CASH USED IN INVESTING ACTIVITIES (8,459,275) (1,036,233)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from Issuance of Notes Payable 15,000,000 6,000,000
Cash Paid for Debt Discount (645,000) (180,000)
Proceeds from Issuance of Common Stock, Warrants and Common Stock Subscribed 3,650,000 3,750,000
Payment of Contingent Consideration (2,088,000)
Proceeds from Exercise of Warrants 76,000
Cash (Distribution) Contribution from Non-Controlling Interest (5,787) 86,550
NET CASH PROVIDED BY FINANCING ACTIVITIES 18,075,213 7,568,550
NET CHANGE IN CASH (257,455) (618,266)
NET CHANGE IN CASH CLASSIFIED WITHIN CURRENT ASSETS HELD FOR SALE (34,519)
Cash at Beginning of Period 5,445,582 9,749,572
CASH AT END OF PERIOD 5,153,608 9,131,306
SUPPLEMENTAL DISCLOSURE FOR OPERATING ACTIVITIES:    
Cash Paid for Interest 428,334
SUPPLEMENTAL DISCLOSURE FOR NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Settlement of Contingent Consideration 4,739,638
Purchase of Land and Building with a Mortgage 6,500,000
Gain on Settlement of Contingent Consideration Recorded Against Additional Paid-In Capital 4,692,697
Fair Value of Debt Discount and Derivative liability Recorded 8,760,000 4,446,000
Issuance of Common Stock for Debt and Interest Expense 29,926,761 8,564,324
Claw back of Escrow Shares From The Tech Center Drive Asset Acquisition 351,072
Issuance of Common Stock for Other Assets 200,000
Fair Value of Warrants Issued for Debt Discount 475,916
Deposits Applied to the Purchase of property 3,500,000
Assets Classified as Held for Sale $ 904,352