Property and Equipment

9 Months Ended

Apr. 30, 2019

Property, Plant and Equipment [Abstract]

Property and Equipment

Note 11 – Property and Equipment

Property and equipment, net consisted of the following:

	April 30,			July 31,
	2019			2018
Computers and technological assets	$	168,286		$	11,365
Machinery and equipment		373,803			—
Furniture and fixtures		76,988			19,879
Leasehold Improvements		47,144			21,501
		666,221			52,745
Less accumulated depreciation		(109,945	)		(21,209	)
	$	556,276		$	31,536

Depreciation expense related to property and equipment for the nine months ended April 30, 2019 and April 30, 2018 was $150,744 and $15,016, respectively.

For the nine months ended April 30, 2019, the Company had $252,012 of disposals and $11,208 of impairment of long-lived assets. The $252,012 of disposals pertains to Veneto and was mostly the result of their shift in business operations during March 2019 described in Notes 1 and 2. The $11,208 impairment of long-lived assets pertains to Grainland Pharmacies Holdings, LLC which ceased to operate – see Note 9.