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RELATED PARTY TRANSACTIONS (Tables)
12 Months Ended
Dec. 31, 2021
Related Party Transaction [Line Items]  
SCHEDULE OF BONUS AND MILESTONES

The Company will pay the CEO a bonus in restricted stock or restricted stock units based on the following EBITDA milestones. For the year ending December 31, 2021, no EBITDA milestones were met and no amounts have been recorded for the bonus milestones.

 

Bonus (Canadian Dollars)   EBITDA Milestones (Canadian Dollars)
$100,000   1st $1,000,000
$100,000   2nd $1,000,000
$100,000   3rd $1,000,000
$100,000   4th $1,000,000
$100,000   5th $1,000,000
SCHEDULE OF BONUS AND MARKET CAPITALIZATION MILESTONES

The Company will pay the CEO a bonus in restricted stock or restricted stock units based on the following Market Capitalization by maintaining the below market cap for a period of 22 consecutive trading days:

 

Bonus (Shares)   Market Capitalization Milestone (U.S. Dollars) 
5,000,000   $20,000,000 
5,000,000   $40,000,000 
5,000,000   $60,000,000 
5,000,000   $80,000,000 
5,000,000   $100,000,000 
Mycotopia [Member]  
Related Party Transaction [Line Items]  
SCHEDULE OF BONUS AND MILESTONES

The Company will pay the CEO a bonus in Mycotopia restricted stock or restricted stock units based on the following EBITDA milestones. For the year ending December 31, 2021, no EBITDA milestones were met, and no amounts have been recorded for the bonus milestones.

 

Bonus     EBITDA Milestones
$ 100,000     1st $1,000,000
$ 100,000     2nd $1,000,000
$ 100,000     3rd $1,000,000
$ 100,000     4th $1,000,000
$ 100,000     5th $1,000,000
SCHEDULE OF BONUS AND MARKET CAPITALIZATION MILESTONES

The Company will pay the CEO a bonus in restricted stock or restricted stock units based on the following Mycotopia market capitalization by maintaining the below market cap for Mycotopia for a period of 22 consecutive trading days:

 

Bonus (Shares)     Market Capitalization Milestone  
250,000     $ 30,000,000  
250,000     $ 40,000,000  
250,000     $ 60,000,000  
250,000     $ 80,000,000  
250,000     $ 100,000,000