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Consolidated Statements of Operations - USD ($)
12 Months Ended
Oct. 31, 2021
Oct. 31, 2020
Revenues    
Revenues, net $ 59,378,208 $ 64,742,721
Revenues - related parties 154,560 233,955
Excise tax on products (756,338) (662,297)
Total revenues, net 58,776,430 64,314,379
Cost of revenue    
Cost of revenue - related party 46,528,501 53,981,351
Cost of revenue – other 314,049 273,885
Total cost of revenue 46,842,550 54,255,236
Gross profit 11,933,880 10,059,143
Operating expenses    
Advertising and promotions 3,195,883 2,343,617
General & Administrative expenses 19,207,028 2,355,971
Total operating expenses 22,402,911 4,699,588
Other income    
Interest income 395 1,048
Total other income 395 1,048
Income (loss) before income taxes provision (10,468,636) 5,360,603
Provision (benefit) for income taxes (1,435,198) 1,514,781
Net income (loss) $ (9,033,438) $ 3,845,822
Net income (loss) per common share - basic and diluted $ (0.38) $ 0.09
Weighted average number of common shares outstanding - basic and diluted 24,000,246 43,017,745