6. RELATED PARTIES |
9 Months Ended |
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Sep. 30, 2017 | |
Related Party Transactions [Abstract] | |
RELATED PARTIES |
During the three months ended September 30, 2017 and 2016, the Company paid $0 and $149,531, respectively, to a stockholder of the Company who is a supplier of hemp oil and hemp to the Company. During the nine months ended September 30, 2017 and 2016, the Company paid the same stockholder $9,060 and $252,509, respectively.
During the three months ended September 30, 2017 and 2016, the Company paid $5,250 and $0, respectively, to a company partially owned by a Company director that provides quality control and quality assurance consulting to the Company. During the nine months ended September 30, 2017 and 2016, the Company paid the same company $15,750 and $0, respectively. |
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- References No definition available.
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- Definition The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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