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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (10,134,642) $ (6,860,443)
Adjustments to reconcile net loss to net cash used in operating activities from continuing operations:    
Amortization of debt discount 1,547,181 52,083
Depreciation and amortization expense 43,663
Bad debt expense 540,000
Fair value of common stock issued pursuant to service and advisory agreements 1,011,075 7,500
Payable extinguishment for services not provided 318,970
Provision for inventory loss 400,787
Stock-based compensation expense 2,653,271 1,440,284
Deferred income tax expense (14,926) 10,235
Change in operating assets and liabilities:    
Accounts receivable (540,000)
Prepaid expenses (696,908) 40,080
Inventory, net (60,787)
Accounts payable and accrued expenses (366,587) 1,493,385
Taxes payable 771
Net cash used in operating activities from continuing operations (5,098,903) (4,016,105)
Net (used in) / provided by operating activities from discontinued operations (501,609) 266,484
Net cash used in operating activities (5,600,512) (3,749,621)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Cash Payment for CryoCann asset purchase (1,000,000)
Payoff of CryoCann loan agreement at closing (1,247,684)
Purchase of property and equipment (225,000)
Net cash used in investing activities from continuing operations (2,472,684)
Net cash used in investing activities from discontinued operations (330,560) (693,255)
Net cash used in investing activities (2,803,244) (693,255)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from notes payable, related parties 237,590
Repayment of notes payable, related parties (237,590)
Proceeds from issuance of common stock 10,308,000 537,850
Proceeds from common stock subscribed and to be issued 98,535
Proceeds from loans payable, current 286,441
Repayment of loans payable, current (698,800) 412,560
Proceeds from notes payable 4,900,000 250,000
Repayment of seller note for acquisition (1,173,016)
Related party note disbursement (281,771)
Net cash provided by financing activities from continuing operations 13,340,854 1,298,945
Net cash provided by financing activities from discontinued operations 505,902
Net cash provided by financing activities 13,846,756 1,298,945
Net increase / (decrease) in cash from continuing operations 5,769,267 (2,727,395)
Net decrease in cash from discontinued operations (326,267) (426,771)
Cash at beginning of period 329,839 3,473,770
Cash at end of period 5,772,839 329,839
Supplemental disclosure of cash flow information:    
Cash paid for interest 449,068 162,810
Supplemental disclosure of non-cash investing and financing activities:    
Common stock issued pursuant to separation agreement 150,000
Common stock issued pursuant to vesting of restricted stock units 2,851,103 $ 163,040
Loan receivable issued pursuant to disposal of discontinued operations $ 3,600,000