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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
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12 Months Ended | |
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Dec. 31, 2014
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Dec. 31, 2013
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| Income Statement [Abstract] | ||
| Product sales, net | $ 10,190,667us-gaap_Revenues | $ 2,154,063us-gaap_Revenues |
| Cost of Goods Sold | 4,387,002us-gaap_CostOfRevenue | 880,470us-gaap_CostOfRevenue |
| Gross Profit | 5,803,665us-gaap_GrossProfit | 1,273,593us-gaap_GrossProfit |
| Operating Expenses: | ||
| Selling, general and administrative | 13,357,633us-gaap_GeneralAndAdministrativeExpense | 2,366,450us-gaap_GeneralAndAdministrativeExpense |
| Research and development | 999,280us-gaap_ResearchAndDevelopmentExpense | 524,476us-gaap_ResearchAndDevelopmentExpense |
| Total operating expenses | 14,356,913us-gaap_OperatingExpenses | 2,890,926us-gaap_OperatingExpenses |
| Operating loss | (8,553,248)us-gaap_OperatingIncomeLoss | (1,617,333)us-gaap_OperatingIncomeLoss |
| Other income (expense): | ||
| Interest income | 30,703us-gaap_InterestIncomeOperating | 0us-gaap_InterestIncomeOperating |
| Interest expense | (615,344)us-gaap_InterestExpense | (372,109)us-gaap_InterestExpense |
| Allocated losses on KannaLife Sciences investment | (38,552)us-gaap_GainLossOnSaleOfInvestments | (310,754)us-gaap_GainLossOnSaleOfInvestments |
| Gain on sale of KannaLife Sciences investment (Note 7) | 7,899,306us-gaap_GainLossOnSaleOfEquityInvestments | 0us-gaap_GainLossOnSaleOfEquityInvestments |
| Other | (34,816)us-gaap_OtherExpenses | 0us-gaap_OtherExpenses |
| Total Other Income (Expense) | 7,241,297us-gaap_OtherNonoperatingIncomeExpense | (682,863)us-gaap_OtherNonoperatingIncomeExpense |
| Loss before taxes | (1,311,951)us-gaap_ProfitLoss | (2,300,196)us-gaap_ProfitLoss |
| Provision for income taxes | 0us-gaap_IncomeTaxExpenseBenefit | 0us-gaap_IncomeTaxExpenseBenefit |
| NET LOSS | $ (1,311,951)us-gaap_NetIncomeLoss | $ (2,300,196)us-gaap_NetIncomeLoss |
| Weighted average common shares outstanding - Basic | 31,581,101us-gaap_WeightedAverageNumberOfSharesOutstandingBasic | 9,879,098us-gaap_WeightedAverageNumberOfSharesOutstandingBasic |
| Net income per common share - Basic | $ (0.04)us-gaap_EarningsPerShareBasic | $ (0.23)us-gaap_EarningsPerShareBasic |
| X | ||||||||||
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- Definition
The aggregate cost of goods produced and sold and services rendered during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The difference between the carrying value and the sale price of equity securities, not separately or otherwise categorized as trading or available-for-sale. This element includes investments in which the entity holds a small ownership stake (generally, less than 20% of the shares outstanding) and cannot exert significant influence. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The net realized gain (loss) on investments sold during the period, not including gains (losses) on securities separately or otherwise categorized as trading, available-for-sale, or held-to-maturity, which, for cash flow reporting, is a component of proceeds from investing activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Aggregate revenue less cost of goods and services sold or operating expenses directly attributable to the revenue generation activity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of the cost of borrowed funds accounted for as interest expense. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of operating interest income, including, but not limited to, amortization and accretion of premiums and discounts on securities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense. No definition available.
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- Details
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- Definition
The net result for the period of deducting operating expenses from operating revenues. No definition available.
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- Definition
This element represents a sum total of expenses not separately reflected on the income statement for the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
The net amount of other income and expense amounts, the components of which are not separately disclosed on the income statement, resulting from ancillary business-related activities (that is, excluding major activities considered part of the normal operations of the business) also known as other nonoperating income (expense) recognized for the period. Such amounts may include: (a) dividends, (b) interest on securities, (c) net gains or losses on securities, (d) unusual costs, (e) gains or losses on foreign exchange transactions, and (f) miscellaneous other income and expense items. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The aggregate costs incurred (1) in a planned search or critical investigation aimed at discovery of new knowledge with the hope that such knowledge will be useful in developing a new product or service, a new process or technique, or in bringing about a significant improvement to an existing product or process; or (2) to translate research findings or other knowledge into a plan or design for a new product or process or for a significant improvement to an existing product or process whether intended for sale or the entity's use, during the reporting period charged to research and development projects, including the costs of developing computer software up to the point in time of achieving technological feasibility, and costs allocated in accounting for a business combination to in-process projects deemed to have no alternative future use. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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