Note 6 - Improvements in Process

12 Months Ended

Dec. 31, 2017

Notes to Financial Statements

Improvements in Process [Text Block]

NOTE

6

– IMPROVEMENTS IN PROCESS

Property and improvements in development as of

December 31, 2017

and

2016,

consists entirely of improvements to leased facilities at

20

North Rear Road. These represent the capitalized costs the Company incurred in constructing the improvements.

At this time, the Company cannot make the final additions that will be necessary for the sites to function as growing spaces. Although there are currently grow rooms outfitted and ready to grow.

An impairment assessment as of

December 31, 2016

concluded the investment at

20

North Rear Road was substantially impacted by the changes in Canada’s MMPR and the Company reported impairment charges of

$4,835,596

in

2016

based upon the assessment related to specialty use elements of the improvements. As of

December 31, 2017,

there is

no

impairment expense recognized.