Note 4 - Property, Plant and Improvements, Net

3 Months Ended

Mar. 31, 2018

Notes to Financial Statements

Property, Plant and Equipment Disclosure [Text Block]

NOTE

4

– PROPERTY, PLANT AND IMPROVEMENTS

, NET

Property, plant and improvements, net consists of the following:

	March 31, 2018			December 31, 2017
Improvements in process	$	1,436,278		$	1,430,839
Furniture and equipment		17,668			17,668
Accumulated depreciation		(3,534	)		(3,092	)
Net property, plant and improvements	$	1,450,412		$	1,445,415

Depreciation expense was

$442

for each of the

three

-months ended

March 31, 2018

and

2017.

Property and improvements in development as of

March 31, 2018

and

December 31, 2017,

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.