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ORGANIZATION, NATURE OF BUSINESS AND GOING CONCERN (Tables)

9 Months Ended

Sep. 30, 2019

ORGANIZATION, NATURE OF BUSINESS AND GOING CONCERN (Tables)

Property and equipment

		Estimated Useful Life
Leasehold improvements and technical works			Lesser of lease term or 40 years
Vehicles			6 years
Machinery			20 years
Furniture, fixtures and equipment			5–10 years
Computers and software			3-5 years

measured and recognized at fair value

		September 30, 2019												Total Carrying
		Level 1				Level 2				Level 3				Value
Marketable securities – ICC International Cannabis Corp.		$	200,000				-				-			$	200,000
Marketable securities – Divsersa S.A.			195,418				-				-				195,418
Marketable securities – National Bank of Greece			5,076				-				-				5,076
		$	400,494											$	400,494

		December 31, 2018												Total Carrying
		Level 1				Level 2				Level 3				Value
Marketable securities – ICC International Cannabis Corp.		$	2,500,000				-				-			$	2,500,000
Marketable securities – Divsersa S.A.			210,790				-				-				210,790
Marketable securities – National Bank of Greece			2,100				-				-				2,100
		$	2,712,890											$	2,712,890

Basic and Diluted Net Loss per Common Share

		Three Months Ended September 30,								Nine Months Ended September 30,
		2019				2018				2019				2018
Weighted average number of common shares outstanding Basic			13,225,387				13,495,394				13,289,843				13,218,068
Potentially dilutive common stock equivalents			-				67,396				-				107,934
Weighted average number of common and equivalent shares outstanding - Diluted			13,225,387				13,562,790				13,289,843				13,326,002