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

Inventory

v3.19.1
Inventory
6 Months Ended
Nov. 30, 2018
Inventory Disclosure [Abstract]  
Inventory Disclosure [Text Block]

Note 6 – 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:


   

November 30,

   

May 31,

 
   

2018

   

2018

 

Raw materials

  $ 257,985     $ -  

Finished goods

    612,999       -  

Total

  $ 870,984     $ -  

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.