XML 48 R32.htm IDEA: XBRL DOCUMENT

Material Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2023

Material Accounting Policies [Abstract]

Schedule of Subsidiaries of the Company

The subsidiaries of the Company are as follows:

		Country of Incorporation		Holding		Functional Currency
Cannahealth Ltd. (“Cannahealth”)		Malta		100%		EUR
Bophelo Holdings Ltd. (“Bophelo H”)		United Kingdom		100%		GBP
Bophelo Bio Science and Wellness (Pty) Ltd. (“Bophelo”)		Lesotho		100%		LSL
Canmart Ltd. (“Canmart”)		United Kingdom		100%		GBP
Holigen Holdings Limited (“Holigen”)		Portugal		100%		EUR
RPK Biopharma Unipessoal Lda. (“RPK”)		Portugal		100%		EUR
1371011 BC Ltd. (“1371011”)		Canada		100%		CAD

Schedule of Estimated Useful Lives for the Current and Comparative Periods

Depreciation is recognized in profit or loss over the estimated useful lives of each part of an item of property and equipment in a manner that most closely reflects management’s estimated future consumption of the future economic benefits embodied in the asset. The estimated useful lives for the current and comparative periods are as follows:

Plant and equipment		10 years
Leasehold improvements		20 years
Motor Vehicles		4 years
Computers		3 years
Furniture and fixtures		6 years