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ORGANIZATION, NATURE OF BUSINESS AND GOING CONCERN (Tables)
9 Months Ended
Sep. 30, 2021
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

Fair value a measured and recognized asset

 

 

September 30, 2021

 

 

Total

Carrying

 

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Value

 

Marketable securities – ICC International Cannabis Corp.

 

$-

 

 

 

-

 

 

 

-

 

 

$-

 

Marketable securities – Divsersa S.A.

 

 

206,534

 

 

 

-

 

 

 

-

 

 

 

206,534

 

Marketable securities – National Bank of Greece

 

 

4,669

 

 

 

-

 

 

 

-

 

 

 

4,669

 

 

 

$211,203

 

 

 

 

 

 

 

 

 

 

$211,203

 

 

 

 

December 31, 2020

 

 

Total

Carrying

 

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Value

 

Marketable securities – ICC International Cannabis Corp.

 

$-

 

 

 

-

 

 

 

-

 

 

$-

 

Marketable securities – Divsersa S.A.

 

 

218,183

 

 

 

-

 

 

 

-

 

 

 

218,183

 

Marketable securities – National Bank of Greece

 

 

4,609

 

 

 

-

 

 

 

-

 

 

 

4,609

 

 

 

$222,792

 

 

 

 

 

 

 

 

 

 

$222,792

 

Basic and Diluted Net Loss per Common Share

 

 

Three Months Ended

September 30,

 

 

Nine Months Ended

September 30,

 

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Weighted average number of common shares outstanding Basic

 

 

17,136,735

 

 

 

13,225,387

 

 

 

16,103,193

 

 

 

13,225,387

 

Potentially dilutive common stock equivalents

 

 

-

 

 

 

38,557

 

 

 

-

 

 

 

35,131

 

Weighted average number of common and equivalent shares outstanding - Diluted

 

 

17,136,735

 

 

 

13,263,944

 

 

 

16,103,193

 

 

 

13,260,518