Investments

12 Months Ended

Dec. 31, 2020

Investments Debt And Equity Securities [Abstract]

Investments

8. INVESTMENTS

As of December 31, 2020 and 2019 the Company holds investments of equity in private companies as follows:

	December 31, 2020		December 31, 2019
HelloMe Inc., a California-based company    focused on products on the beauty and    wellness industry.	$	—	$	509
LemonHaze Inc., a Washington-based    private cannabis event company.		—		150
Retail Education Tools, Inc., a    Washington-based start-up application    company focused on marketing tools for    emerging cannabis companies.		—		100
Total investments	$	—	$	759

During 2020, the Company determined that the value of these investments is $nil due to a lack of revenue growth and no evidence of future profitability. Accordingly, a loss on investments of $759 has been recorded on the consolidated statement of operations and comprehensive loss.