INVENTORY

12 Months Ended

Jan. 31, 2020

INVENTORY [abstract]

INVENTORY

11.	INVENTORY
	Inventories consist of:

as at January 31,		2020		2019		2018
Finished goods	$	3,878,754	$	2,283,439	$	—
Work in progress		2,313,089		4,575,595		—
	$	6,191,843	$	6,859,034	$	—

Inventories expensed to cost of sales during the year ended January 31, 2020 was $25,625,734 (2019 - $2,681,864). Included in inventory expensed to cost of sales during the year ended January 31, 2020 were fair value adjustments recognised which increased cost of sales by $4,000,000 (2019 - $Nil).  This one-time non-cash charge is related to the fair value of inventory acquired in the Silver State acquisition which closed January 1, 2019.  This inventory was fully sold during the first six months of the year ended January 31, 2020

In addition, at  At January 31, 2020, inventories included fair value adjustments of biological assets $1,383,411 (2019 - $278,920).