General form of registration statement for all companies including face-amount certificate companies

Inventory

v3.10.0.1
Inventory
3 Months Ended
Aug. 31, 2018
Inventory Disclosure [Abstract]  
Inventory Disclosure [Text Block]

Note 5 – Inventory


Inventory, consisting of material, overhead, labor, and manufacturing overhead, is stated at the lower of cost (first-in, first-out) or market, and consists of the following:


   

August 31,

   

May 31,

 
   

2018

   

2018

 

Raw materials

  $ 197,475     $ -  

Finished goods

    301,924       -  

Total

  $ 499,399     $ -  

Raw materials consist of cannabis plants and the materials that are used in our production process prior to being tested and packaged for consumption. Finished goods consist of pre-packaged materials previously purchased from other licensed cultivators and our manufactured edibles and extracts.