INVENTORY |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dec. 31, 2017 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Notes to Financial Statements | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| NOTE 7. INVENTORY |
Raw materials consist of Edible Gardens herb product lines and material for IVXXs line of cannabis pure concentrates. Work-in-progress consists of live plants grown for Edible Gardens herb product lines and deferred cultivation costs at Black Oak. Finished goods consists of IVXXs line of cannabis packaged products to be sold into dispensaries and Black Oak cannabis products sold in retail, and Edible Gardens products to be sold via food, drug, and mass channels.
Inventory consists of the following:
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- References No definition available.
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- Definition The entire disclosure for inventory. Includes, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the classes of inventory, and the nature of the cost elements included in inventory. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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