ACQUISITION OF MEGAWOOD ENTERPRISES (Tables)

12 Months Ended

Jan. 31, 2020

Megawood Enterprises Inc.

Disclosure of detailed information about business combination [line items]

Schedule of purchase price and the allocation of the purchase price

	- $ -
Cash	38,570
Inventory	46,162
Other assets	10,705
Property and equipment	40,983
Right-of-use asset	221,007
Lease liability	(221,007	)
Dispensary license	50,000
Goodwill	689,328
Accounts payable and accrued liabilities	(80,860	)
Total assets and liabilities acquired	794,888
Cash consideration paid	280,000
Consideration payable	231,395
Convertible promissory note	175,000
Advances to vendor cancelled upon closing	138,605
Closing working capital deficit receivable	(30,112	)
Total consideration	794,888