Carrying Amount

Level 1

Level 2

Level 3

Fair Value

At December 31, 2020:

Cash and cash equivalents

$

1,908

$

-

$

1,908

$

-

$

1,908

Other receivables

$

113,999

$

-

$

-

$

113,999

$

113,999

Note receivable – CEN Biotech Ukraine, LLC – related party

$

44,859

$

-

$

-

$

44,859

$

44,859

Advances to Emergence Global - related party

$

17,901

$

-

$

-

$

17,901

$

17,901

Advances to CEN Biotech Ukraine, LLC - related party

$

1,179,328

$

-

$

-

$

1,179,328

$

1,179,328

Loans payable

$

527,379

$

-

$

-

$

527,379

$

527,379

Loans payable – related parties

$

1,363,354

$

-

$

-

$

-

$

-

Patent acquisition liability

$

1,380,000

$

-

$

-

$

1,380,000

$

1,380,000

Convertible notes payable

$

6,730,448

$

-

$

-

$

7,766,663

$

7,766,663

Convertible notes payable – related parties

$

2,558,681

$

-

$

-

$

-

$

-