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INVENTORY
6 Months Ended
Sep. 30, 2020
Inventory Disclosure [Abstract]  
Inventory Disclosure [Text Block]

NOTE 3 – INVENTORY


   

(in thousands)

 
   

As of

September 30, 2020

($)

   

As of

March 31, 2020

($)

 

Raw Materials

    1,782       227  

Work-in-Progress

    3,941       3,713  

Finished Goods

    961       305  

Total

    6,684       4,245  

Inventory in the form of work-in-progress as of September 30, 2020, is comprised of, but not limited to, various hemp-based extracts such as crude oil, hemp distillate, and hemp isolate. The Company accounts all hemp extracts as Work-in-Progress until they are in the processing facility. Inventory also includes cost related to growing crops like seeds, fertilizer, other raw materials, labor, farm related overheads and the depreciation of farming equipment, hand sanitizers, beverages, personal protection equipment, among others.