Acquisition of SWC Group, Inc. (Tables)

12 Months Ended

Jun. 30, 2016

Business Combinations [Abstract]

Schedule of Assets and Liabilities at Carring Values

Cash	$	209,214
Accounts receivable		388,399
Inventory		565,287
Other current assets		44,033
Security deposit		23,281
Loan receivables		312,521
Fixed assets		143,916
Intangible assets		3,039
Accounts payable		(1,727,870	)
Credit card payable		(420,773	)
Due to Sugarmade		(685,000	)
Customer deposits		(234,197	)
Loans payable		(529,064	)
Other payables		(297,047	)
Long term notes payables		(460,000	)
Net assets at carrying value:	$	(2,664,261	)

Schedule of Business Acquisition Pro Forma

	Years ended June 30,
	2015
Net sales	$	5,806,410
Net income (loss)	$	(10,320,322