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Inventory
3 Months Ended
Mar. 31, 2021
Inventory Disclosure [Abstract]  
Inventory

2.

Inventory

Inventory is comprised of the following items:

 

 

 

March 31, 2021

 

 

December 31, 2020

 

Raw materials

 

$

15,263

 

 

$

15,223

 

Work-in-process

 

 

60,197

 

 

 

61,867

 

Finished goods

 

 

21,084

 

 

 

16,555

 

Total

 

$

96,544

 

 

$

93,645

 

 

Inventory is written down for any obsolescence, spoilage and excess inventory or when the net realizable value of inventory is less than the carrying value. During the three months ended March 31, 2021, the Company recorded charges for inventory and inventory-related write downs as a component of cost of sales. Cannabis products were written down by $1,720 and hemp products were written down by $342 (2020: $3,247 and $797).