COMMITMENTS AND CONTINGENCIES (Details Narrative)
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1 Months Ended |
3 Months Ended |
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Aug. 31, 2021
USD ($)
$ / shares
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Jan. 31, 2022
USD ($)
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Nov. 30, 2021
USD ($)
ft²
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May 31, 2020
USD ($)
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Mar. 31, 2022
USD ($)
ft²
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Dec. 31, 2021
USD ($)
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Dec. 31, 2019
USD ($)
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| Product Liability Contingency [Line Items] |
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| Lessee, operating lease, description |
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In
November 2021, the Company entered into lease agreements for six retail properties, each with square footage between 4,000
and 6,000 square feet, in the state of Ohio (each an “Ohio Lease” and collectively the “Ohio Leases”). Each Ohio Lease has an
initial lease period of eleven months, with a minimum rent of $31.00 per
square foot which increases 3.0% annually
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The
Company is the lessee under six operating leases and four finance leases
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| Area of land |
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300,000
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| Operating lease, weighted average remaining lease term |
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7 years 1 month 6 days
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| Finance lease, weighted average remaining lease term |
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3 years 9 months 18 days
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| Lease cost | $ |
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$ 31.00
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| Lessor, operating lease, option to extend |
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In the
event the Company is awarded one or more of the six Ohio cannabis licenses for which it had previously applied, the Company can extend
the term of one or more of the Ohio Leases to ten years (with two additional five-year options to extend) upon the payment of $50,000
for each extended Ohio Lease, and develop the premises of such extended lease(s) into a cannabis dispensary.
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| Accrued liabilities, current | $ |
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$ 1,728,000
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$ 1,349,000
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| OGGUSA Debtors [Member] |
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| Product Liability Contingency [Line Items] |
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| Bankruptcy claim filed | $ |
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$ 40,000
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$ 33,600,000
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| Bankruptcy claim by court | $ |
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$ 31,000,000.0
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| GenCanna Global Inc. [Member] |
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| Product Liability Contingency [Line Items] |
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| Percentage Owned |
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33.50%
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| Related party receivable | $ |
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$ 29,000,000.0
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| Extended Ohio Lease Agreement [Member] |
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| Product Liability Contingency [Line Items] |
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| Lease cost | $ |
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$ 50,000
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| Terminated Employment Agreement [Member] |
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| Product Liability Contingency [Line Items] |
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| Agreement term description |
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An
employment agreement which commenced in 2012 with Thomas Kidrin, the former CEO of the Company, was terminated by the Company in 2017
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| Accrued liabilities, current | $ |
$ 1,043,000
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$ 1,043,000
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| Warrants and Rights Outstanding | $ |
$ 1,000,000
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| Class of Warrant or Right, Exercise Price of Warrants or Rights | $ / shares |
$ 0.50
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| Fair value warrants | $ |
$ 776,000
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| Minimum [Member] |
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| Product Liability Contingency [Line Items] |
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| Area of land |
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4,000
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| Operating lease, weighted average discount rate, percent |
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7.50%
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| Maximum [Member] |
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| Product Liability Contingency [Line Items] |
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| Area of land |
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6,000
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| Operating lease, weighted average discount rate, percent |
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12.00%
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| Finance Lease Commitments [Member] | Machinery and Office Equipment [Member] |
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| Product Liability Contingency [Line Items] |
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| Lessee, operating lease, description |
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expire in February 2024 through February 2026
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| DELAWARE |
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| Product Liability Contingency [Line Items] |
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| Area of land |
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45,000
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| DELAWARE | Premises [Member] |
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| Product Liability Contingency [Line Items] |
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| Lessee, operating lease, description |
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lease expires in January 2026
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| DELAWARE | Retails Space [Member] |
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| Product Liability Contingency [Line Items] |
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| Lessee, operating lease, description |
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five-year lease that expires in April 2027 that the Company
has developed into a cannabis dispensary which is subleased to its cannabis-licensed client
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| Area of land |
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4,000
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| DELAWARE | Warehouse [Member] |
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| Product Liability Contingency [Line Items] |
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| Lessee, operating lease, description |
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The
lease expires in March 2030, with an option to extend the term for three additional five-year periods
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| Area of land |
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100,000
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| DELAWARE | Cultivation and Processing Facility [Member] |
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| Product Liability Contingency [Line Items] |
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| Area of land |
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60,000
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| DELAWARE | Premises [Member] |
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| Product Liability Contingency [Line Items] |
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| Area of land |
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12,000
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| NEVADA | Industrial Building [Member] |
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| Product Liability Contingency [Line Items] |
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| Lessee, operating lease, description |
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expiring in 2024
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| Area of land |
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10,000
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| MOROCCO | Office Space [Member] |
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| Product Liability Contingency [Line Items] |
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| Lessee, operating lease, description |
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expiring in 2028
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| Area of land |
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10,000
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| Lease term extension option |
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option to extend the term for an additional five-year period
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| MARYLAND |
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| Product Liability Contingency [Line Items] |
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| Area of land |
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180,000
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| MARYLAND | Two Unit Apartment [Member] |
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| Product Liability Contingency [Line Items] |
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| Lessee, operating lease, description |
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expires in July 2022
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| Area of land |
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2,700
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