NATURE OF BUSINESS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2015

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of Inventory, Current

Inventories are evaluated to determine whether any amounts are not recoverable based on slow moving or obsolete condition and are written off or reserved as appropriate. Inventories at December 31, 2015 and 2014 consist of the following:

	December 31, 2015		December 31, 2014
Inventory - tobacco leaf	$	1,816,857	$	1,537,521
Inventory - finished goods
Cigarettes and filtered cigars		342,707		154,568
Inventory - raw materials
Cigarette and filtered cigar components		657,389		423,330
		2,816,953		2,115,419
Less: inventory reserve		110,623		50,623
	$	2,706,330	$	2,064,796

Schedule of Intangible Assets and Goodwill

Total intangible assets at December 31, 2015 and 2014 consist of the following:

	December 31, 2015		December 31, 2014
Intangible assets, net
Patent and trademark costs	$	5,146,559	$	4,405,586
Less: accumulated amortization		1,603,893		1,247,303
Patent and trademark costs, net		3,542,666		3,158,283
License fees, net (see Note 17)		1,450,000		1,450,000
Less: accumulated amortization		130,546		32,524
License fees, net		1,319,454		1,417,476
MSA signatory costs (see Note 7)		2,202,000		2,202,000
License fee for predicate cigarette brand		300,000		300,000
	$	7,364,120	$	7,077,759