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INVENTORY

3 Months Ended

Mar. 31, 2024

Inventory Disclosure [Abstract]

INVENTORY

4. INVENTORY

Inventory at March 31, 2024 and December 31, 2023 was comprised of the following:

SCHEDULE OF INVENTORY

		March 31,				December 31,
		2024				2023

Vineyard in process		$	853,814			$	713,104
Wine in process			619,842				622,167
Finished wine			39,940				37,636
Clothes and accessories			638,493				638,023
Other			167,808				207,685
Inventory gross			2,319,897				2,218,615
Less: Reserve for obsolescence			(316,520	)			(186,736	)
Total		$	2,003,377			$	2,031,880
Inventory		$	2,003,377			$	2,031,880

The Company had deposits for inventory purchases in the amount of $136,449 and $161,531 as of March 31, 2024 and December 31, 2023, respectively.

The Company recorded a provision for obsolete inventory in the amount of $129,784 and $0 during the three months ended March 31, 2024 and 2023, respectively, related to its clothing and accessories inventory.