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ORGANIZATION AND NATURE OF BUSINESS (Tables)

3 Months Ended

Mar. 31, 2020

ORGANIZATION AND NATURE OF BUSINESS (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

		March 31, 2020												Total Carrying
		Level 1				Level 2				Level 3				Value
Marketable securities – ICC International Cannabis Corp.		$	14,100				-				-			$	14,100
Marketable securities – Divsersa S.A.			196,525				-				-				196,525
Marketable securities – National Bank of Greece			2,275				-				-				2,275
		$	212,900											$	212,900

		December 31, 2019												Total Carrying
		Level 1				Level 2				Level 3				Value
Marketable securities – ICC International Cannabis Corp.		$	33,000				-				-			$	33,000
Marketable securities – Divsersa S.A.			200,290				-				-				200,290
Marketable securities – National Bank of Greece			5,650				-				-				5,650
		$	238,940											$	238,940

Basic and Diluted Net Loss per Common Share

		Three Months Ended March 31,
		2020				2019
Weighted average number of common shares outstanding Basic			13,225,387				13,384,574
Potentially dilutive common stock equivalents			-				-
Weighted average number of common and equivalent shares outstanding – Diluted			13,225,387				13,384,574