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ACQUISITION
12 Months Ended
Sep. 30, 2018
ACQUISITION  
ACQUISITION

2. ACQUISITION:

During fiscal 2018, the Company entered into an agreement to acquire the assets (primarily inventory) of eight retail stores located in Florida for approximately $0.7 million in exchange for a note payable due in four installments through July 2019. As part of the agreement, the Company will continue to operate the eight retail stores which do business as Earth Origins Market (“EOM”) and will be included as a component of the Company’s Retail Segment. No material intangible assets or liabilities were assumed in connection with this transaction and the Company does not consider the transaction material to the Company’s consolidated financial statements.