General form of registration statement for all companies including face-amount certificate companies

Operating Segments (Tables)

v3.10.0.1
Operating Segments (Tables)
3 Months Ended
Aug. 31, 2018
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment [Table Text Block]
The following table shows the operations of the Company’s reportable segments for the three months ended August 31, 2018:

   

Cannabis

   

Cannabis

   

Corporate

         
   

Dispensary

   

Production

   

and

         
   

Segment

   

Segment

   

Eliminations

   

Consolidated

 
                                 

Sales to unaffiliated customers

  $ 776,707     $ 402,646     $ -     $ 1,179,353  

Intersegment sales

    -       58,814       (58,814

)

    -  

Net sales

  $ 776,707     $ 461,460     $ (58,814

)

  $ 1,179,353  

Net income (loss)

  $ (204,044

)

  $ 4,022     $ (16,456,918

)

  $ (16,656,940

)

Total assets(1)

  $ 1,084,414     $ 361,845     $ 33,751,711     $ 35,197,970  

Total liabilities

  $ 698,867     $ 265,620     $ 5,347,695     $ 6,312,182  

Property additions

  $ 3,553     $ -     $ -     $ 3,553  

Depreciation and amortization(2)

  $ 22,043     $ 1,007     $ 25,411     $ 48,461  

(1)      Total assets are the owned or allocated assets used by each business. Corporate assets consist of cash and cash equivalents, unallocated fixed assets of support divisions and common facilities, and certain other assets.

(2)      Corporate property additions and depreciation and amortization expense include items attributable to the unallocated fixed assets of support divisions and common facilities.