Quarterly report pursuant to Section 13 or 15(d)

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

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ACQUISITION OF ASSETS AND OWNERSHIP IN EXACTUS ONE WORLD, LLC (Tables)
6 Months Ended
Jun. 30, 2020
Business Combinations [Abstract]  
Purchase consideration
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  

 

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  

 

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