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Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Jul. 31, 2021
Jul. 31, 2020
Jul. 31, 2021
Jul. 31, 2020
Revenues        
Revenues $ 3,368,065 $ 32,422,993 $ 59,490,118 $ 54,923,896
Revenues - related parties 70,600 54,040 132,145 86,520
Excise tax on products 4,313 (101,724) (668,687) (128,953)
Total revenues 3,442,978 32,375,309 58,953,576 54,881,463
Cost of revenue        
Cost of revenue - related party 3,426,998 27,860,145 47,698,451 47,771,211
Cost of revenue - other 100,270 115,868 256,538 173,448
Total cost of revenue 3,527,268 27,976,013 47,954,989 47,944,659
Gross (loss) profit (84,290) 4,399,296 10,998,587 6,936,804
Operating expenses        
Advertising and Promotion 710,832 769,134 2,472,019 1,029,132
General & Administrative expenses 2,642,200 704,737 15,618,548 915,762
Total operating expenses 3,353,032 1,473,871 18,090,567 1,944,894
Other Income        
Interest income 16 392
Total Other Income 16 392
Income (loss) before income taxes provision (3,437,306) 2,925,425 (7,091,588) 4,991,910
Provision for income taxes 300 (320,410) (292,844) (1,270,841)
Net income (loss) $ (3,437,006) $ 2,605,015 $ (7,384,432) $ 3,721,069
Net income (loss) per common share - basic and diluted $ (0.15) $ 0.05 $ (0.32) $ 0.08
Weighted average number of common shares outstanding - basic and diluted 23,603,306 47,978,837 23,380,268 47,791,663