Annual report pursuant to Section 13 and 15(d)

SEGMENT INFORMATION (Details 1)

v3.19.1
SEGMENT INFORMATION (Details 1) - USD ($)
 3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2017
Dec. 31, 2017
Dec. 31, 2018
Dec. 31, 2017
Total Revenues     $ 31,333,618 $ 35,800,844
Cost of Goods Sold     18,900,090 24,879,428
Gross Profit     12,433,528 10,921,416
Depreciation & Amortization     4,981,237 3,647,216
Stock-Based Compensation     603,117 1,526,286
Selling, general and administrative expenses     43,304,374 30,801,434
Loss from operations     (30,870,846) (19,880,018)
Other Income Expense:        
Amortization of debt discount     (335,878)
Impairment of Property $ 140,000   77,556 138,037
Gain (Loss) on Fair Market Valuation of Derivatives       (3,494,550)
Interest (Expense) Income     (13,092,934) (2,681,426)
Share of Loss in Joint Venture     (662,222)
Gain on Sale of Assets     5,229,680
Gain on Settlement of Contingent Consideration   $ (4,991,571) (4,991,571)
Loss on Fair Market Valuation of Contingent Consideration     4,426,047
Total Other Income (Expense)     (8,603,032) (13,650,244)
Loss Before Provision for Income Taxes     (39,473,878) (33,530,262)
Herbs and Produce Products [Member]        
Total Revenues     5,585,447 5,701,233
Cost of Goods Sold     4,232,875 5,211,658
Gross Profit     1,352,572 489,575
Depreciation & Amortization     522,669  
Stock-Based Compensation      
Selling, general and administrative expenses     3,682,386 3,123,037
Loss from operations     (2,852,483) (2,633,462)
Other Income Expense:        
Amortization of debt discount      
Impairment of Property     (77,556)
Impairment of Intangibles     (757,467)
(Loss) Gain on Extinguishment of Debt     (18)
Gain (Loss) on Fair Market Valuation of Derivatives    
Loss from Derivatives Issued with Debt Greater Than Debt Carrying Value    
Interest (Expense) Income    
Share of Loss in Joint Venture    
Gain on Sale of Assets    
Gain on Settlement of Contingent Consideration    
Loss on Fair Market Valuation of Contingent Consideration    
Gain on Sale of Assets      
Total Other Income (Expense)     (77,556) (757,485)
Loss Before Provision for Income Taxes     (2,930,039) (3,390,947)
Total assets     15,109,512 5,847,286
Capital Expenditures     1,036,566  
Cannabis Dispensary Cultivation and Production [Member]        
Total Revenues     25,978,118 30,031,046
Cost of Goods Sold     14,091,651 25,112,113
Gross Profit     11,886,467 4,918,933
Depreciation & Amortization     4,272,592  
Stock-Based Compensation      
Selling, general and administrative expenses     15,221,640 10,843,210
Loss from operations     (7,607,765) (5,924,277)
Other Income Expense:        
Amortization of debt discount      
Impairment of Property    
Impairment of Intangibles    
(Loss) Gain on Extinguishment of Debt     187
Gain (Loss) on Fair Market Valuation of Derivatives    
Loss from Derivatives Issued with Debt Greater Than Debt Carrying Value    
Interest (Expense) Income     (524,271) 110
Share of Loss in Joint Venture    
Gain on Sale of Assets    
Gain on Settlement of Contingent Consideration     4,991,571
Loss on Fair Market Valuation of Contingent Consideration     (4,426,047)
Gain on Sale of Assets      
Total Other Income (Expense)     (524,271) 565,821
Loss Before Provision for Income Taxes     (8,132,036) (5,358,456)
Total assets     78,307,074 69,844,546
Capital Expenditures     8,062,552  
Real Estate [Member]        
Total Revenues     62,574 68,565
Cost of Goods Sold    
Gross Profit     62,574 68,565
Depreciation & Amortization     31,061  
Stock-Based Compensation      
Selling, general and administrative expenses     984,845 334,813
Loss from operations     (953,332) (266,248)
Other Income Expense:        
Amortization of debt discount      
Impairment of Property    
Impairment of Intangibles    
(Loss) Gain on Extinguishment of Debt     30
Gain (Loss) on Fair Market Valuation of Derivatives    
Loss from Derivatives Issued with Debt Greater Than Debt Carrying Value    
Interest (Expense) Income     (793,690) 1
Share of Loss in Joint Venture    
Gain on Sale of Assets    
Gain on Settlement of Contingent Consideration    
Loss on Fair Market Valuation of Contingent Consideration    
Gain on Sale of Assets      
Total Other Income (Expense)     (793,690) 31
Loss Before Provision for Income Taxes     (1,747,022) (266,217)
Total assets     15,109,512 1,791,889
Capital Expenditures     13,229,942  
Eliminations And Other [Member]        
Total Revenues     (292,521)
Cost of Goods Sold     575,564
Gross Profit     (868,085)
Depreciation & Amortization     232,468  
Stock-Based Compensation     603,117  
Selling, general and administrative expenses     17,753,596 11,056,031
Loss from operations     (19,457,266) (11,056,031)
Other Income Expense:        
Amortization of debt discount       (2,138,762)
Impairment of Property     (138,037)
Impairment of Intangibles    
(Loss) Gain on Extinguishment of Debt     (7,144,487)
Gain (Loss) on Fair Market Valuation of Derivatives     (3,494,550)
Loss from Derivatives Issued with Debt Greater Than Debt Carrying Value    
Interest (Expense) Income     (11,774,973) (542,775)
Share of Loss in Joint Venture     (662,222)
Gain on Sale of Assets     5,229,680
Gain on Settlement of Contingent Consideration    
Loss on Fair Market Valuation of Contingent Consideration    
Gain on Sale of Assets      
Total Other Income (Expense)     (7,207,515) (13,458,611)
Loss Before Provision for Income Taxes     (26,664,781) (24,514,642)
Total assets     22,494,829 20,704,078
Capital Expenditures     3,079,650  
Segment Information [Member]        
Total Revenues     31,333,618 35,800,844
Cost of Goods Sold     18,900,090 30,323,771
Gross Profit     12,433,528 5,477,073
Depreciation & Amortization     5,058,790  
Stock-Based Compensation     603,117  
Selling, general and administrative expenses     37,642,467 25,357,091
Loss from operations     (30,870,846) (19,880,018)
Other Income Expense:        
Amortization of debt discount       (2,138,762)
Impairment of Property     (77,556) (138,037)
Impairment of Intangibles     (757,467)
(Loss) Gain on Extinguishment of Debt     (7,144,288)
Gain (Loss) on Fair Market Valuation of Derivatives     (3,494,550)
Loss from Derivatives Issued with Debt Greater Than Debt Carrying Value    
Interest (Expense) Income     (13,092,934) (542,664)
Share of Loss in Joint Venture     (662,222)
Gain on Sale of Assets     5,229,680
Gain on Settlement of Contingent Consideration     4,991,571
Loss on Fair Market Valuation of Contingent Consideration     (4,426,047)
Gain on Sale of Assets      
Total Other Income (Expense)     (8,603,032) (13,650,244)
Loss Before Provision for Income Taxes     (39,473,878) (33,530,262)
Total assets     131,020,927 $ 98,187,799
Capital Expenditures     $ 25,408,710