PROPERTY EQUIPMENT AND LEASEHOLD IMPROVEMENTS, NET (Details Narrative) - USD ($) |
1 Months Ended | 3 Months Ended | 12 Months Ended | |||
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Jul. 30, 2020 |
Mar. 30, 2020 |
Feb. 26, 2020 |
Sep. 30, 2020 |
Dec. 31, 2020 |
Dec. 31, 2019 |
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Depreciation expense | $ 3,770,000 | $ 3,380,000 | ||||
Martin Vivero and Tetra House Co. [Member] | ||||||
Amount received by Blum Santa under agreement | $ 2,000,000 | $ 1,450,000 | ||||
Securities Purchase Agreement [Member] | Edible Garden Inc. [Member] | ||||||
Consideration received by Edible Garden Corp. under agreement, description | The consideration paid for the Business included a five-year $3.00 million secured promissory note bearing interest at 3.5% per annum, which is reflected within the assets under discontinued operations, and two option agreements to purchase up to a 20% interest in the Purchaser for a nominal fee. The first option gives the Company the right to purchase a 10% interest in the Purchaser for one dollar at any time between the one and five-year anniversary of the transaction, or at any time should a change in control event or public offering occur. The second option gives the Company the right to purchase an additional 10% interest in the Purchaser for one dollar at any point prior to the five-year anniversary of the transaction. The second option is automatically terminated upon payment in full of the $3.00 million secured promissory note. | |||||
LLC [Member] | ||||||
Total cash consideration | $ 8,200,000 | |||||
Cash gain | $ 1,200,000 |
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- Definition Amount of gain (loss) from remeasurement to fair value of retained investment in former subsidiary and group of assets constituting business or nonprofit activity deconsolidated and derecognized, excluding conveyance of oil and gas mineral rights and transfer of product or service in contract with customer. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The amount of expense recognized in the current period that reflects the allocation of the cost of tangible assets over the assets' useful lives. Includes production and non-production related depreciation. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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