Note 3 - Inventory

9 Months Ended

Dec. 31, 2019

Notes to Financial Statements

Inventory Disclosure [Text Block]

Note

3

– Inventory

Raw materials consist of supplies, materials, and consumables used in the cultivation and extraction processes. Work-in-progress includes live plants and cannabis in the drying, curing, and trimming processes. Finished goods includes completed cannabis flower, trim, extracts, and vapes in bulk and packaged forms.

	December 31, 2019			March 31, 2019
Raw materials	$	299,740		$	440,414
Work in progress		1,495,301			676,341
Finished goods		257,995			579,604
Allowance to reduce inventory to NRV		(492,988	)		(162,567	)
Total inventory	$	1,560,048		$	1,533,792