Inventory

6 Months Ended

Sep. 30, 2019

Inventory Disclosure [Abstract]

Inventory

NOTE 3 – INVENTORY

As of March 31, 2019 and September 30, 2019, respectively, the Company had approximately $78,000 and $62,000 of finished goods inventory; however, reserves of equal amounts for each respective period were taken because of the substantial doubt in the Company’s ability to utilize this inventory to obtain material sales, primarily due to (among other things) the fact the Company has not obtained controlled study data detailing the successful use of Kush in animals.

As of March 31, 2019, all of the Company’s finished goods inventory was in quarantine due to a contamination issue. During the three months ended September 30, 2019, the Company cleared $16,636 in inventory for release to the public and is utilizing the product to gather data and establish strategic partner relationships. Of the $16,636, $9,791 is the value of the product before quarantined that remains reserved for and $3,845 is the expense incurred to clear this product for use during the three-month period ended September 30, 2019, which has been written down through Cost of Goods Sold. The Company plans to continue to clear the remainder of our inventory during the fiscal year ended March 31, 2020 and capitalize and take a reserve for certain expenses incurred, which are estimated to be approximately $9,000.

Total Inventory is broken out as follows:

	September 30, 2019			March 31, 2019
Finished Goods	$	62,168		$	77,936
Reserve for Obsolete Inventory		(62,168	)		(77,936	)
Work in Process		-0-			-0-
Manufacturing Supplies		3,127			3,127
Raw Materials		9,368			9,368
Total Inventory	$	12,495		$	12,495