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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2022

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Schedule of the exchange rates

		December 31, 2022				December 31, 2021
Exchange rate on balance sheet dates
EUR: USD exchange rate			1.0698				1.1318
GBP: USD exchange rate			1.2077				1.3500
Average exchange rate for the period
EUR: USD exchange rate			1.0534				1.1830
GBP: USD exchange rate			1.2371				1.3764

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

Schedule of Assets Measured and Recognized at Fair Value on a Recurring Basis

		December 31, 2022												Total Carrying
		Level 1				Level 2				Level 3				Value
Marketable securities – ICC International Cannabis Corp.		$	-				-				-			$	-
Marketable securities – National Bank of Greece			6,681				-				-				6,681
		$	6,681											$	6,681

		December 31, 2021												Total Carrying
		Level 1				Level 2				Level 3				Value
Marketable securities – ICC International Cannabis Corp.		$	-				-				-			$	-
Marketable securities – National Bank of Greece			6,696				-				-				6,696
		$	6,696											$	6,696

Schedule of revenue and accounts receivable

		Year Ended December 31,				Year Ended December 31,
		2022				2021
Number of 10% clients			0				1
Percentage of total revenue			0.00	%			15.33	%
Percentage of total AR			0.00	%			35.08	%

Schedule of Reconciliation of Basic Shares Outstanding to Fully Diluted Shares Outstanding

		Years Ended December 31,
		2022				2021
Weighted average number of common shares outstanding Basic			1,928,172				656,933
Potentially dilutive common stock equivalents			-				-
Weighted average number of common and equivalent shares outstanding – Diluted			1,928,172				656,933

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Tabular disclosure of the various types of trade accounts and notes receivable and for each the gross carrying value, allowance, and net carrying value as of the balance sheet date. Presentation is categorized by current, noncurrent and unclassified receivables.

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
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Tabular disclosure of the change in an accounting estimate, including a change that occurs in an interim period. If a change in accounting estimate affects several future periods (for example, a change in the service life of a depreciable asset) disclose the effect on income from continuing operations, net income (or other appropriate captions of changes in the applicable net assets or performance indicator), and any related per-share amounts of the current period. Disclosure of the effects of a change in an accounting estimate that occurs in the ordinary course of business (such as uncollectible accounts or inventory obsolescence) is not required, unless the effect is material.

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 270
-SubTopic 10
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