INTANGIBLE ASSETS AND GOODWILL

12 Months Ended

Jan. 31, 2019

INTANGIBLE ASSETS AND GOODWILL [abstract]

INTANGIBLE ASSETS AND GOODWILL

10.	INTANGIBLE ASSETS AND GOODWILL
	The continuity of the intangible assets for the years ended January 31, 2019, 2018and 2017 is as follows:

		Dispensary			Cultivation			Customer			Start up			Total
		license			license			relationships			costs
Cost
Balance, January 31, 2018 & 2017	$	-		$	-		$	-		$	-		$	-
Additions		-			-			-			-			-
Additions from acquisitions		11,840,274			220,000			1,540,447			7,783			13,608,504
Disposals / adjustments		-			-			-			-			-
Balance, January 31, 2019	$	11,840,274		$	220,000		$	1,540,447		$	7,783		$	13,608,504
Accumulated Amortization
Balance, January 31, 2018 & 2017	$	-		$	-		$	-		$	-		$	-
Amortization expense		(196,504	)		(17,667	)		(25,674	)		(79	)		(239,924	)
Disposals / adjustments		-			-			-			-			-
Balance, January 31, 2019	$	(196,504	)	$	(17,667	)	$	(25,674	)	$	(79	)	$	(239,924	)
Carrying amount, January 31, 2019	$	11,643,770		$	202,333		$	1,514,773		$	7,704		$	13,368,580

The continuity of the goodwill for the years ended January 31, 2019, 2018 and 2017 is as follows:

		Eco Firma			Silver State		Megawood		Total
		Farms, LLC			Companies		Enterprises, Inc.
Balance, January 31, 2018 & 2017	$	-		$	-	$	-	$	-
Additions from acquisitions		5,160,741			28,541,323		689,328		34,391,392
Disposals / adjustments		(5,160,741	)		-		-		(5,160,741	)
Balance, January 31, 2019	$	-		$	28,541,323	$	689,328	$	29,230,651

Total amortization expense from intangible assets for the year ended January 31, 2019 is $239,924 (2018 and 2017 - $nil). Of the total expense, $nil was allocated to inventory during the years ended January 31, 2019, 2018 and 2017.

The Company tested each group of the Company’s cash-generating units ("CGUs") for impairment at January 31, 2019. The estimated recoverable amount of the Oregon geographic CGU was lower than the segment’s carrying value due to EFF. The Company recognized an impairment loss on goodwill for EFF of $5,160,741; this loss has been treated as a transaction cost on the acquisition of subsidiaries and is disclosed in Note 27.