Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF STOCKHOLDERS EQUITY

v3.8.0.1
CONSOLIDATED STATEMENTS OF STOCKHOLDERS EQUITY - USD ($)
Common Stock [Member]
Additional Paid-In Capital [Member]
Accumulated Deficit [Member]
Total
Beginning balance, shares at Dec. 31, 2015 45,451,389      
Beginning balance, value at Dec. 31, 2015 $ 4,544 $ 39,270,911 $ (15,989,491) $ 23,285,964
Shares issued for professional services, shares 1,325,000      
Shares issued for professional services, value $ 133 540,993   541,126
Shares issued pursuant to conversion of senior convertible promissory notes and accrued interest, shares 6,465,756      
Shares issued pursuant to conversion of senior convertible promissory notes and accrued interest, value $ 647 582,353   583,000
Fair value of warrants issued   266,800   266,800
Contingent equity consideration issued to CanX, shares 4,500,000      
Contingent equity consideration issued to CanX, value $ 450 (450)    
Shares cancelled upon foreclosure of notes receivable, shares (124,600)      
Shares cancelled upon foreclosure of notes receivable, value $ (12) (60,339)   (60,351)
Stock-based compensation   2,732,908   2,732,908
Net loss     (14,141,298) (14,141,298)
Ending balance, shares at Dec. 31, 2016 57,617,545      
Ending balance, value at Dec. 31, 2016 $ 5,762 43,333,176 (30,130,789) 13,208,149
Shares issued pursuant to conversion of senior convertible promissory notes and accrued interest, shares 8,596,965      
Shares issued pursuant to conversion of senior convertible promissory notes and accrued interest, value $ 859 1,804,141   1,805,000
Fair value of warrants issued   136,650   136,650
Shares cancelled upon foreclosure of notes receivable, value       0
Stock redemptions, shares 398,053      
Stock redemptions, value $ 40 74,960   75,000
Shares issued to settle restricted stock units, shares 2,000,000      
Shares issued to settle restricted stock units, value $ 200 (200)    
Shares issued pursuant to CanX Acquisition, shares 15,000,000      
Shares issued pursuant to CanX Acquisition, value $ 1,500 (1,500)    
Shares issued pursuant to CanX Royalty Buyout, shares 6,400,000      
Shares issued pursuant to CanX Royalty Buyout, value $ 640 2,431,360   2,432,000
Shares issued for purchase inventory, shares 500,000      
Shares issued for purchase inventory, value $ 50 201,950   202,000
Stock-based compensation   3,419,799   3,419,799
Net loss     (4,897,139) (4,897,139)
Ending balance, shares at Dec. 31, 2017 90,512,563      
Ending balance, value at Dec. 31, 2017 $ 9,051 $ 51,400,336 $ (35,027,928) $ 16,381,459