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ORGANIZATION, NATURE OF BUSINESS AND GOING CONCERN (Tables)

6 Months Ended

Jun. 30, 2020

ORGANIZATION, NATURE OF BUSINESS AND GOING CONCERN

Schedule of 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

Basic and Diluted Net Loss per Common Share

		Three Months Ended June 30,								Six Months Ended June 30,
		2020				2019				2020				2019
Weighted average number of common shares outstanding Basic			13,225,387				13,261,316				13,225,387				13,322,605
Potentially dilutive common stock equivalents			28,729				-				29,566				-
Weighted average number of common and equivalent shares outstanding - Diluted			13,254,116				13,621,316				13,254,953				13,322,605

Fair value a measured and recognized asset

		June 30, 2020												Total Carrying
		Level 1				Level 2				Level 3				Value
Marketable securities – ICC International Cannabis Corp.		$	46,500				-				-			$	46,500
Marketable securities – Divsersa S.A.			200,468				-				-				200,468
Marketable securities – National Bank of Greece			2,337				-				-				2,337
		$	249,305											$	249,305

		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