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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
6 Months Ended
Nov. 30, 2021
Nov. 30, 2020
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income (loss) $ 78,627 $ (1,994,412)
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Fair value of shares issued to consultants 0 (25,750)
Amortization of debt discounts 35,496 790,140
Fair value of shares vested by officers 0 53,876
Gain on settlement of note receivable (1,696,328) 0
Depreciation and amortization expense 356,455 342,331
Bad debt expense 129 5,992
Changes in assets and liabilities:    
Accounts receivable (115,060) (126,410)
Prepaid expenses and other current assets 3,586 (63,228)
Inventory (1,013,127) (813,158)
Interest receivable 0 3,322
Right of use asset 158,257 175,727
Accounts payable and accrued expenses 93,988 257,882
Accrued interest (8,427) 258,113
Funds held in escrow 250,000 0
Taxes payable 469,057 0
Operating lease liability (139,983) (207,409)
Net cash used in operating activities (1,527,330) (1,342,984)
CASH FLOWS FROM INVESTING ACTIVITIES    
Payments to purchase property, plant and equipment (145,015) (163,019)
Cash paid for construction deposit on grow facility (93,000) 0
Proceeds from collection of note receivable 1,696,328 1,385,951
Net cash used in investing activities 1,458,313 1,222,932
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from loan payable 303,815 0
Principal payments on notes payable (365,991) 0
Net cash used in financing activities (62,176) 0
Net increase in cash and cash equivalents (131,193) (120,052)
Cash and cash equivalents at beginning of period 1,665,263 2,925,568
Cash and cash equivalents at end of period 1,534,070 2,805,516
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:    
Interest paid 799,403 541,412
Income taxes paid 0 0
NONCASH INVESTING AND FINANCING ACTIVITIES:    
Capitalized interest on convertible debentures 0 212,601
Common stock issued for conversion of convertible notes payable 281,000 0
Shares issued for services issued from stock payable 0 14,970
Initial ROU asset and lease liability $ 229,412 $ 0

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