Property and Equipment

3 Months Ended

12 Months Ended

Oct. 31, 2019

Jul. 31, 2019

Property, Plant and Equipment [Abstract]

Property and Equipment

Note 7 – Property and Equipment

Property and equipment, net consisted of the following:

	October 31,			July 31,
	2019			2019
Computers and technological assets	$	163,168		$	163,168
Machinery and equipment		500,576			386,929
Furniture and fixtures		89,123			73,227
Leasehold Improvements		16,596			16,596
		769,463			639,920
Less accumulated depreciation		(237,575	)		(139,927	)
	$	531,888		$	499,993

Depreciation expense related to property and equipment for the three months ended October 31, 2019 and October 31, 2018 was $48,847 and $25,664, respectively.

Note 5 – Property and Equipment

Property and equipment, net consisted of the following:

	July 31,			July 31,
	2019			2018
Computers and technological assets	$	163,168		$	11,365
Machinery and equipment		386,929			—
Furniture and fixtures		73,227			19,879
Leasehold Improvements		16,596			21,501
		639,920			52,745
Less accumulated depreciation		(132,927	)		(21,209	)
	$	499,993		$	31,536

Depreciation expense related to property and equipment amounted to $170,605 and $21,782 for the years ended July 31, 2019 and 2018, respectively.

For the year ended July 31, 2019, the Company had $292,681 of disposals and $11,208 of impairment of long-lived assets. The $292,681 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 13.