Note 15 - Sale of 50% Membership Interest in GB Sciences Louisiana, LLC (Tables)

12 Months Ended

Mar. 31, 2020

Notes Tables

Schedule of Note Receivable with Imputed Interest [Table Text Block]

November 15, 2019 Note Receivable	Note Payments
June 1, 2020	$	500,000
September 1, 2020		750,000
December 1, 2020		1,000,000
March 1, 2020		1,250,000
June 1, 2021		1,500,000
September 1, 2021		1,500,000
December 1, 2021		1,500,000
TOTAL PAYMENTS		8,000,000
DISCOUNT ON NOTE RECEIVABLE		(1,389,408	)
NET PRESENT VALUE	$	6,610,592

Schedule of Deconsolidation [Table Text Block]

	As of
Gain on Deconsolidation	November 15, 2019
Present value of promissory note	$	6,610,592
Carrying amount of non-controlling interest		8,707,651
TOTAL		15,318,243
Carrying amount of assets		14,715,798
Carrying amount of liabilities		(3,790,797	)
Net assets deconsolidated		10,925,001
GAIN ON DECONSOLIDATION	$	4,393,242

Schedule of Gain (Loss) on Notes Receivable Modification [Table Text Block]

August 24, 2020 Modification	March 31, 2020
Total cash payments to be made by October 15, 2020	$	4,900,000
Liabilities to be forgiven upon receipt of October 15, 2020 payment		324,423
Total receivable (as modified)		5,224,423
Carrying value of note receivable as of March 31, 2020		6,969,720
Accrued interest as of March 31, 2020		150,137
Total amount receivable as of March 31, 2020		7,119,857
LOSS ON MODIFICATION OF NOTE RECEIVABLE	$	(1,895,434	)