Quarterly report pursuant to Section 13 or 15(d)

INVENTORY

v3.21.1
INVENTORY
3 Months Ended
Mar. 31, 2021
INVENTORY  
NOTE 6. INVENTORY

Raw materials consist of material for NuLeaf and IVXX’s line of cannabis pure concentrates. Work-in-progress consists of cultivation materials and live plants grown at NuLeaf and Black Oak Gallery. Finished goods consists of cannabis products sold in retail.

 

Inventory as of March 31, 2021 and December 31, 2020 consisted of the following:

 

 

 

(in thousands)

 

 

 

March 31,

 

 

December 31,

 

 

 

2021

 

 

2020

 

Raw materials

 

$

881

 

 

39

 

Work-in-progress

 

 

1,175

 

 

 

1,196

 

Finished goods

 

 

298

 

 

 

367

 

 

 

 

 

 

 

 

 

 

Total inventory

 

$ 2,354

 

 

$ 1,602