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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables) | 12 Months Ended
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Dec. 31, 2024
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES |
Schedule of exchange rate |
|  | December 31, 2024 |  |  | December 31, 2023 |
Exchange rate on balance sheet dates |  |  |  |  |  |
EUR: USD exchange rate |  |  | 1.0351 |  |  |  | 1.1062 |
GBP: USD exchange rate |  |  | 1.2521 |  |  |  | 1.2743 |
Average exchange rate for the period |  |  |  |  |  |  |  |
EUR: USD exchange rate |  |  | 1.0820 |  |  |  | 1.0817 |
GBP: USD exchange rate |  |  | 1.2781 |  |  |  | 1.2440 |
Schedule of Accounts Receivable & Allowance for Doubtful Accounts |
|  | December 31, 202 4 |
Balance as of January 1, 2024 |  | $ | 19,686,091 |
Provisions for credit losses |  |  | 58,913 |
Provisions for doubtful accounts |  |  | 4,579,641 |
Foreign exchange adjustments |  |  | (1,525,426 | )
Balance as of December 31, 2024 |  | $ | 22,799,219 |
Schedule of Property and Equipment, net |
|  | Estimated Useful Life |
Leasehold improvements and technical works |  |  | Lesser of lease term or 25 years |
Buildings |  |  | 25-30 years |
Vehicles |  |  | 6 years |
Machinery |  |  | 20 years |
Furniture, fixtures and equipment |  |  | 5–10 years |
Computers |  |  | 3 years |
Schedule of Fair Value, Liabilities Measured on Recurring Basis |
|  | December 31, 2024 |  |  | Total Carrying |
|  | Level 1 |  |  | Level 2 |  |  | Level 3 |  |  | Value |
Marketable securities – ICC International Cannabis Corp. |  | $ | - |  |  |  | - |  |  |  | - |  |  | $ | - |
Marketable securities – National Bank of Greece |  |  | 12,766 |  |  |  | - |  |  |  | - |  |  |  | 12,766 |
|  | $ | 12,766 |  |  |  |  |  |  |  |  |  |  | $ | 12,766 |
|  | December 31, 2023 |  |  | Total Carrying |
|  | Level 1 |  |  | Level 2 |  |  | Level 3 |  |  | Value |
Marketable securities – ICC International Cannabis Corp. |  | $ | - |  |  |  | - |  |  |  | - |  |  | $ | - |
Marketable securities – National Bank of Greece |  |  | 11,596 |  |  |  | - |  |  |  | - |  |  |  | 11,596 |
|  | $ | 11,596 |  |  |  |  |  |  |  |  |  |  | $ | 11,596 |
Schedule of potential shares of common stock |
|  | 2024 |  |  | 2023 |
Common Stock Warrants |  |  | 12,926,507 |  |  |  | 8,561,476 |
Common Stock Options |  |  | - |  |  |  | - |
Convertible Debt |  |  | - |  |  |  | - |
Total |  |  | 12,926,507 |  |  |  | 8,561,476 |

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