Note 11 - Subseqent Events

12 Months Ended

Sep. 30, 2020

Notes to Financial Statements

Subsequent Events [Text Block]

NOTE  11. SUBSEQENT EVENTS

On

October 12, 2020,

an outstanding convertible note in the amount of

$150,000

originally due on

December 31, 2020

was extended to mature on

December 31, 2021.

All accrued interest is to be paid by

December 31, 2020.

On

December 4, 2020,

the outstanding

$4,000,000

loan due to an unrelated party was increased by

$500,000

and the maturity date of the loan was extended to

August 1, 2023.

All other provisions of the original

$4,000,000

loan remain the same. The proceeds of this loan will be used to develop Building

2

at the Company's Massachusetts Cannabis Center.