BIOLOGICAL ASSETS (Tables)

12 Months Ended

Dec. 31, 2020

Disclosure of detailed information about biological assets [line items]

Schedule of the continuity of biological assets


		December 31,			December 31,
		2020			2019
Balance, at beginning of the year		$	2,935,144		$	–
Acquired through combinations and acquisitions [Notes 1 & 4]			–			3,760,158
Changes in fair value less costs to sell due to biological transformation			48,690,657			10,108,105
Production costs capitalized			8,936,001			3,542,005
Transferred to inventory upon harvest			(48,491,951)			(14,475,124)
Balance, at end of the year		$	12,069,851		$	2,935,144

Biological Assets

Disclosure of detailed information about biological assets [line items]

Schedule of significant unobservable assumptions and sensitivity analysis on the fair value of biological assets


		Weighted average input								Effect on fair value
		December 31,			December 31,					December 31,			December 31,
Significant inputs or assumptions		2020			2019			Sensitivity		2020			2019
Wholesale selling price of dry cannabis		$	5.05		$	5.00		Increase or decrease of 5	%	$	703,898		$	209,858
Average yield per plant			191 Grams			233 Grams		Increase or decrease of 5	%		666,417			157,663