7. RELATED PARTIES |
3 Months Ended |
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Mar. 31, 2016 | |
| Related Parties | |
| RELATED PARTIES |
Total receivables from MJNA totaled $540,351 at both March 31, 2016 and December 31, 2015, respectively.
During the three months ended March 31, 2016 and 2015, the Company paid $2,977 and $1,542,413, respectively, to a stockholder of the Company who is a supplier of hemp oil and hemp to the Company. |
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- Definition Related Party Transaction 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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