Quarterly report pursuant to Section 13 or 15(d)

ACQUISITION OF ASSETS AND OWNERSHIP IN EXACTUS ONE WORLD, LLC (Tables)

v3.20.2
ACQUISITION OF ASSETS AND OWNERSHIP IN EXACTUS ONE WORLD, LLC (Tables)
3 Months Ended
Mar. 31, 2020
Business Combinations [Abstract]  
Purchase consideration

Exactus One World

 

Intangible asset – Hemp farming license   $ 10,000  
Intangible assets – farm leases     2,930,000  
Total assets acquired at fair value     2,940,000  
Total purchase consideration   $ 2,940,000  

 

Green Goddess Extracts, LLC

 

Intangible asset – trademark   $ 3,500  
Intangible assets – customer list     212,529  
Inventory     33,971  
Total assets acquired at fair value     250,000  
Total purchase consideration   $ 250,000  

 

Levor, LLC

  

Intangible asset – Brand   $ 70,000  
Total assets acquired at fair value     70,000  
Total purchase consideration   $ 70,000