INTANGIBLE ASSETS (Tables)

12 Months Ended

Dec. 31, 2016

Intangible Assets Tables

Finite lives intangible assets

		December 31, 2016									December 31, 2015
	Estimated Useful Life in Years	Gross Carrying Amount		Accumulated Amortization			Net Carrying Value		Gross Carrying Amount		Accumulated Amortization			Net Carrying Value
Amortized Intangible Assets:
Customer Relationships	5 to 12	$	8,960,700	$	(780,960	)	$	8,179,740	$	212,400	$	(113,988	)	$	98,412
Trade Brands	2 to 8		495,520		(89,907	)		405,613		20,520		–			20,520
Dispensary License	14		10,270,000		(550,179	)		9,719,821		–		–			–
Patent	2		3,078		(1,154	)		1,924		–		–			–
Total Amortized Intangible Assets			19,729,298		(1,422,200	)		18,307,098		232,920		(113,988	)		118,932
Unamortized Intangible Assets:
Trade Name	Indefinite		5,320,000		–			5,320,000		–		–			–
Total Unamortized Intangible Assets			5,320,000		–			5,320,000		–		–			–
Total Intangible Assets		$	25,049,298	$	(1,422,200	)	$	23,627,098	$	232,920	$	(113,988	)	$	118,932

Estimated useful lives intangible assets

Year Ending
December 31,	Amount
2017	$	1,718,104
2018		1,668,789
2019		1,645,582
2020		1,626,231
2021		1,460,486
Thereafter		10,187,906
	$	18,307,098