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Consolidated Statements of Operations - USD ($)
12 Months Ended
Oct. 31, 2022
Oct. 31, 2021
Revenues    
Revenues, net $ 12,701,539 $ 59,378,208
Revenues – related parties 68,139 154,560
Royalty revenue 117,292
Excise tax on products (125,513) (756,338)
Total revenues, net 12,761,457 58,776,430
Cost of revenue    
Cost of revenue – related party 11,345,912 46,528,501
Cost of revenue – other 174,520 314,049
Total cost of revenue 11,520,432 46,842,550
Gross profit 1,241,025 11,933,880
Operating expenses    
Advertising and promotions 2,679,308 3,195,883
General and administrative expenses 12,950,373 19,207,028
Total operating expenses 15,629,681 22,402,911
Other income    
Interest income 4 395
Total other income 4 395
Loss before income taxes (14,388,652) (10,468,636)
Provision (benefit) for income taxes (18,317) (1,435,198)
Net loss $ (14,370,335) $ (9,033,438)
Net loss per common share – basic and diluted $ (0.36) $ (0.38)
Weighted average number of common shares outstanding – basic and diluted 39,710,389 24,000,246