BIOLOGICAL ASSETS (Tables)

12 Months Ended

Jan. 31, 2020

BIOLOGICAL ASSETS [abstract]

Schedule of biological assets

Balance, January 31, 2018 & 2017	$	—
Acquired biological assets		2,298,534
Fair value adjustment on biological assets		(278,920	)
Increase in biological assets due to capitalized costs		1,751,906
Transferred to inventory upon harvest		(1,900,980	)
Balance, January 31, 2019	$	1,870,540
Acquired biological assets		75,499
Fair value adjustment on biological assets		1,243,340
Increase in biological assetsdue to capitalized costs		7,615,455
Transferred to inventory upon harvest		(9,396,563	)
Balance January 31, 2020	$	1,408,271

Schedule of unobservable inputs, biological assets

				Effect on Fair Value as of January 31:
Significant Inputs
and Assumptions	Range of Inputs	Sensitivity		2020		2019
Selling Price Per	$1.99 to $5.29	Increase 5%	$	71,297		12,001
Gram		Decrease 5%	$	(71,658	)	(9,200	)
Estimated Yield Per	45.36 to 1,696.43 grams	Increase 5%	$	70,423		91,756
Cannabis Plant		Decrease 5%	$	(70,423	)	(91,756	)