Green Hygienics (GRYN) 10-K 29 Oct 20 2020 FY Annual report Financial data

Cover

Cover - USD ($)	12 Months Ended
	Jul. 31, 2020	Oct. 29, 2020	Jan. 31, 2020
Cover [Abstract]
Entity Registrant Name	GREEN HYGIENICS HOLDINGS INC.
Entity Central Index Key	0001443388
Document Type	10-K
Amendment Flag	false
Entity Voluntary Filers	No
Current Fiscal Year End Date	--07-31
Entity Well Known Seasoned Issuer	No
Entity Small Business	true
Entity Shell Company	false
Entity Emerging Growth Company	false
Entity Current Reporting Status	Yes
Document Period End Date	Jul. 31, 2020
Entity Filer Category	Non-accelerated Filer
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2020
Entity Common Stock Shares Outstanding		41,918,638
Entity Public Float			$ 27,059,863
Document Annual Report	true
Document Transition Report	false
Entity Interactive Data Current	Yes

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Jul. 31, 2020	Jul. 31, 2019
Current Assets
Cash	$ 40,538	$ 767
Trust funds	0	2,486
Inventory	0	306,450
Total Current Assets	40,538	309,703
Deposits	0	100,000
Fixed Assets (Note 3), net	4,727,464	145,138
Total Assets	4,768,002	554,841
Current Liabilities
Accounts payable and accrued liabilities	1,019,027	201,178
Accounts payable - related parties	302,144	57,500
Accrued interest payable	158,416	0
Deferred revenue	15,973	0
Defaulted loan payable (Note 4(a))	24,989	155,250
SBA loan payable (Note 4(b))	444,850	0
Discounted convertible note payable (Note 4(c))	171,213	0
Current portion of long-term debt	40,472	0
Due to related parties (Note 8)	2,405,306	780,398
Total Current Liabilities	4,582,390	1,194,836
Long Term Liabilities
Agreement payable (less current portion) (Note 5)	108,132	0
Mortgage payable (Note 6)	2,750,000	0
Second mortgage payable (Note 7)	1,760,000	0
Total Long-Term Liabilities	4,618,132	0
Total Current and Long-Term Liabilities	9,200,522	1,194,836
Nature of operations and continuance of business (Notes 1 and 2)	0	0
Commitments (Note 10)	0	0
Income taxes (Note 12)	0	0
Subsequent events (Note 13)	0	0
Stockholder's Deficit
Common stock, 375,000,000 shares authorized, $0.001 par value,39,577,781 and 36,657,835 shares issued and outstanding respectively	39,578	36,658
Stock payable	192,000	0
Additional paid-in capital	45,830,289	42,089,489
Deficit	(50,494,387)	(42,766,142)
Total Stockholder's Deficit	(4,432,520)	(639,995)
Total Liabilities and Stockholder's Deficit	$ 4,768,002	$ 554,841

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Jul. 31, 2020	Jul. 31, 2019
Stockholder's Deficit
Common stock, shares authorized	375,000,000	375,000,000
Common stock, shares par value	$ 0.001	$ 0.001
Common stock, shares issued	39,577,781	36,657,835
Common stock, shares outstanding	39,577,781	36,657,835

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($)	12 Months Ended
	Jul. 31, 2020	Jul. 31, 2019
Consolidated Statements of Operations
Rental Revenue	$ 161,374	$ 0
Expenses
Consulting and business development	3,558,640	1,747,208
Supplies	1,150,674	0
Payroll and subcontractor expenses	970,809	0
General and administrative	1,005,274	71,303
Total Expenses	6,685,397	1,818,511
Loss Before Other Expenses	(6,524,023)	(1,818,511)
Other Expenses
Interest expense	(1,204,222)	(25,383)
Net Loss	$ (7,728,245)	$ (1,843,894)
Net Loss Per Share, Basic and Diluted	$ (0.20)	$ (0.05)
Weighted Average Shares Outstanding	37,773,491	35,203,862

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
	Jul. 31, 2020	Jul. 31, 2019
Operating Activities
Net loss	$ (7,728,245)	$ (1,843,894)
Imputed interest	154,074	22,009
Inventory impairment	306,450	0
Depreciation expense	78,076	0
Amortization of discounts	593,699	0
Share based compensation	3,024,160	1,522,500
Changes in operating assets and liabilities:
Prepaid expenses	0	460
Accrued interest payable	157,906	510
Accounts payable and accrued liabilities	771,426	306,450
Accounts payable - related parties	244,644	51,687
Deferred revenue	15,973	0
Net Cash Used In Operating Activities	(2,381,837)	(556,178)
Investing Activities
Deposit on acquisition of property	0	(100,000)
Cash paid for purchase of fixed assets	(218,586)	(145,138)
Net Cash Provided by (Used in) Investing Activities	(218,586)	(245,138)
Financing Activities
Proceeds from Defaulted Note Payable	0	155,250
Principle payments on Defaulted Loan Payable	(130,261)	0
Proceeds from Discounted Note Payable	585,000
Payments on Discounted Note Payable	(250,000)	0
Proceeds from Note Payable	397,638	0
Proceeds from SBA Loan Payable	444,850	0
Principle payments on Agreement Payable	(34,427)	0
Advances from related parties	1,624,908	646,187
Net Cash Provided by Financing Activities	2,637,708	801,437
Increase in Cash	37,285	3,121
Cash and trust funds, Beginning of Year	3,253	132
Cash and trust funds, End of Year	40,538	3,253
Supplemental Disclosures:
Interest paid	341,845	0
Non-Cash Transactions
Equipment financed through debt	183,031	0
Land acquired through debt	4,112,362	0
Shares issued for stock payable	1,100,000
Shares issued for conversion of debt	328,786	0
Equipment purchased on accounts payable	46,423	0
Discount on warrants	$ 428,700	$ 0

Consolidated Statements of Stoc

Consolidated Statements of Stockholders Deficit - USD ($)	Total	Common Stock [Member]	Additional Paid-in Capital [Member]	Stock Payable [Member]	Accumulated Deficit [Member]
Balance, shares at Jul. 31, 2018		34,707,835
Balance, amount at Jul. 31, 2018	$ (342,560)	$ 34,708	$ 40,544,980	$ 0	$ (40,922,248)
Imputed interest	22,009		22,009
Shares issued for services, shares		1,950,000
Shares issued for services, amount	1,522,500	$ 1,950	1,522,500
Net loss	(1,843,894)				(1,843,894)
Discount on warrants	0
Balance, shares at Jul. 31, 2019		36,657,835
Balance, amount at Jul. 31, 2019	(639,995)	$ 36,658	42,089,489	0	(42,766,142)
Imputed interest	154,074		154,074
Shares issued for services, shares		1,685,000
Shares issued for services, amount	3,024,160	$ 1,685	2,830,475	192,000
Net loss	(7,728,245)				(7,728,245)
Discount on warrants	428,700		428,700
Shares issued for debt conversion, shares		1,234,946
Shares issued for debt conversion, amount	328,786	$ 1,235	327,551
Balance, shares at Jul. 31, 2020		39,577,781
Balance, amount at Jul. 31, 2020	$ (4,432,520)	$ 39,578	$ 45,830,289	$ 192,000	$ (50,494,387)

Nature of Operations and Contin

Nature of Operations and Continuance of Business	12 Months Ended
	Jul. 31, 2020
Nature of Operations and Continuance of Business
Note - 1 Nature of Operations and Continuance of Business	Green Hygienics Holdings Inc. (the “Company”) was incorporated in the State of Nevada on June 12, 2008 as Silver Bay Resources, Inc. On June 30, 2010, the name was changed to Takedown Entertainment Inc. On July 24, 2012, the Company changed its name to Green Hygienics Holdings Inc. The Company is an innovative, full-scope, science-driven, premium hemp cultivation and branding enterprise focused on the cultivation and processing of industrial hemp for cannabidiol (“CBD”). The Hemp Farming Act of 2018 removed hemp from Schedule I controlled substances (defined as cannabis with less than 0.3% THC) making it an ordinary agricultural commodity. The Company’s business model includes generating revenues from the sale of hemp and premium-grade CBD products; creating trusted global consumer brands; developing valuable IP; and growing the Company rapidly through strategic acquisitions. With direct regard to acquisitions, the Company acts as a business accelerator and a vertical integrator focusing to support rapid growth and development of companies with extraordinary potential. Going Concern These consolidated financial statements have been prepared on a going concern basis, which implies the Company will continue to realize its assets and discharge its liabilities in the normal course of business. The Company has generated revenues of $161,374 since 2013. The continuation of the Company as a going concern is dependent upon the continued financial support from its shareholders, the ability of the Company to obtain necessary equity financing to continue operations, and the attainment of profitable operations. As of July 31, 2020, the Company has a working capital deficiency of $4,541,852 and has an accumulated deficit of $50,494,387 since inception. These factors raise substantial doubt regarding the Company’s ability to continue as a going concern. These financial statements do not include any adjustments to the recoverability and classification of recorded asset amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern.

Significant Accounting Policies

Significant Accounting Policies	12 Months Ended
	Jul. 31, 2020
Significant Accounting Policies
Note - 2 Significant Accounting Policies	(a) Basis of Presentation These financial statements and related notes are presented in accordance with accounting principles generally accepted in the United States and are expressed in U.S. dollars. (b) Principles of Consolidation These financial statements include the accounts of the Company and its subsidiaries. Subsidiaries are all entities (including structured entities) which the Company controls. For accounting purposes, control is established by an investor when it is exposed to, or has rights to, variable returns from its involvement with the entity and has the ability to affect those returns through its power over the entity. All inter-company balances and transactions are eliminated. (c) Use of Estimates The preparation of financial statements in accordance with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses in the reporting period. The Company regularly evaluates estimates and assumptions related to deferred income tax asset valuation allowances. The Company bases its estimates and assumptions on current facts, historical experience and various other factors that it believes to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities and the accrual of costs and expenses that are not readily apparent from other sources. The actual results experienced by the Company may differ materially and adversely from the Company’s estimates. To the extent there are material differences between the estimates and the actual results, future results of operations will be affected. (d) Cash and Cash Equivalents The Company considers all highly liquid instruments with maturity of three months or less at the time of issuance and trust funds to be cash equivalents. (e) Inventory Inventory is carried at the lower of cost or net realizable value, with the cost being determined on a first-in, first-out (FIFO) basis. The Company periodically reviews physical inventory and will record a reserve for excess and/or obsolete inventory if necessary. In July 2020, the Company planted its first large scale hemp crops for cultivation. The planting covers approximately 120 acres of land and three greenhouses. During the fourth quarter of 2020, the Company purchased additional seeds and nutrients to plant in its greenhouses to be later transferred into the fields. The company determined to recognize these costs as expenses and not record as inventory as of the year ended July 31, 2020 due to our unfavorable outcome from our initial planting. These costs included approximately $105,000 for seeds and nutrients and $195,000 on labor to prepare the field and plant seeds. The Company anticipates harvesting and selling these crops by the end of 2020. The Company had previously planted a smaller crop during the year ended July 31, 2019, During the year ended July 31, 2020, the 2019 crop with an inventory value of $306,450 was fully impaired due to unfavorable weather conditions. In the early growing stages, the plants were severely damaged by a sand storm and could not be salvaged. (f) Impairment of Long-Lived Assets The Company evaluates the recoverability of its fixed assets and other assets in accordance with ASC 360-10-15, Impairment or Disposal of Long-Lived Assets (g) Related Party Transactions The Company follows ASC 850, Related Party Disclosures (h) Income Taxes The Company accounts for income taxes using the asset and liability method in accordance with ASC 740, “Income Taxes”. The asset and liability method provides that deferred tax assets and liabilities are recognized for the expected future tax consequences of temporary differences between the financial reporting and tax bases of assets and liabilities, and for operating loss and tax credit carry-forwards. Deferred tax assets and liabilities are measured using the currently enacted tax rates and laws that will be in effect when the differences are expected to reverse. The Company records a valuation allowance to reduce deferred tax assets to the amount that is believed more likely than not to be realized. (i) Foreign Currency Translation The Company’s functional and reporting currency is the U.S. dollar. Transactions in foreign currencies are translated into the currency of measurement at the exchange rates in effect on the transaction date. Monetary balance sheet items expressed in foreign currencies are translated into U.S. dollars at the exchange rates in effect at the balance sheet date. The resulting exchange gains and losses are recognized in the statement of operations. (j) Financial Instruments and Fair Value Measures ASC 820, “Fair Value Measurements and Disclosures”, requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. ASC 820 establishes a fair value hierarchy based on the level of independent, objective evidence surrounding the inputs used to measure fair value. A financial instrument’s categorization within the fair value hierarchy is based upon the lowest level of input that is significant to the fair value measurement. ASC 820 prioritizes the inputs into three levels that may be used to measure fair value: Level 1 Level 1 applies to assets or liabilities for which there are quoted prices in active markets for identical assets or liabilities. Level 2 Level 2 applies to assets or liabilities for which there are inputs other than quoted prices that are observable for the asset or liability such as quoted prices for similar assets or liabilities in active markets; quoted prices for identical assets or liabilities in markets with insufficient volume or infrequent transactions (less active markets); or model-derived valuations in which significant inputs are observable or can be derived principally from, or corroborated by, observable market data. Level 3 Level 3 applies to assets or liabilities for which there are unobservable inputs to the valuation methodology that are significant to the measurement of the fair value of the assets or liabilities. The Company’s financial instruments consist principally of cash, accounts payable and accrued liabilities, loans payable, and amounts due to related parties. Pursuant to ASC 820, the fair value of cash is determined based on “Level 1” inputs, which consist of quoted prices in active markets for identical assets. The recorded values of all other financial instruments approximate their current fair values because of their nature and respective maturity dates or durations. (k) Stock-based Compensation The Company records stock-based compensation in accordance with ASC 718, “Compensation – Stock Compensation” and ASC 505, “Equity Based Payments to Non-Employees”, using the fair value method. All transactions in which goods or services are the consideration received for the issuance of equity instruments are accounted for based on the fair value of the consideration received or the fair value of the equity instrument issued, whichever is more reliably measurable. (l) Revenue and Deferred Revenue Pursuant to ASC 606, Revenue from contracts with customers. As of the date of this report, the Company has not recognized any revenue related to the hemp production business. The only revenue recognized to date is the land use rental income from San Diego Gas and Electric Company in the amount of $161,374. The term of the rental agreement is in effect until December 2020 with a monthly payment of $17,600. As of July 31, 2020, the Company has recorded deferred revenue of $15,973, representing a portion of the payment received in July 2020, that pertains to August 2020 rental income. (m) Leases Pursuant to ASC 842, transparency and comparability among organizations by recognizing lease assets and lease liabilities on the balance sheet and disclosing key information about leasing transactions. As of the date of this report, the Company has no material transactions to report. (n) Loss Per Share The Company computes earnings (loss) per share in accordance with ASC 260, “Earnings per Share”. ASC 260 requires presentation of both basic and diluted earnings per share (“EPS”) on the face of the income statement. Basic EPS is computed by dividing earnings (loss) available to common shareholders (numerator) by the weighted average number of shares outstanding (denominator) during the period. Diluted EPS gives effect to all dilutive potential common shares outstanding during the period using the treasury stock method and convertible preferred stock using the if-converted method. In computing diluted EPS, the average stock price for the period is used in determining the number of shares assumed to be purchased from the exercise of stock options or warrants. Diluted EPS excludes all dilutive potential shares if their effect is anti-dilutive. As of July 31, 2020, the Company does not have any potentially dilutive shares. (o) Comprehensive Loss ASC 220, “Comprehensive Income”, establishes standards for the reporting and display of comprehensive loss and its components in the financial statements. (p) Recent Accounting Pronouncements In July 2018, the FASB issued ASU No. 2018-10, Codification Improvements to Topic 842, Leases. The amendments in ASU 2018-10 provide additional clarification and implementation guidance on certain aspects of the previously issued ASU No. 2016-02, Leases (Topic 842) (“ASU 2016-02”) and have the same effective and transition requirements as ASU 2016-02. Upon the effective date, ASU 2018-10 will supersede the current lease guidance in ASC Topic 840, Leases. Under the new guidance, lessees will be required to recognize for all leases, with the exception of short-term leases, a lease liability, which is a lessee’s obligation to make lease payments arising from a lease, measured on a discounted basis. Concurrently, lessees will be required to recognize a right-of-use asset, which is an asset that represents the lessee’s right to use, or control the use of, a specified asset for the lease term. ASU 2018-10 is effective for private companies and emerging growth public companies for interim and annual reporting periods beginning after December 15, 2019, with early adoption permitted. The guidance is required to be applied using a modified retrospective transition approach for leases existing at, or entered into after, the beginning of the earliest comparative periods presented in the financial statements. During the year ended July 31, 2020 the Company assessed the impact this guidance had on its financial statements and concluded that at present ASU No. 2018-10 has no impact on its financial statements.

Fixed Assets

Fixed Assets	12 Months Ended
	Jul. 31, 2020
Fixed Assets
Note - 3 Fixed Assets	Fixed assets are recorded at cost reduced by accumulated depreciation. Depreciation expense is recognized over the assets’ estimated useful lives using the straight-line method. Estimated useful lives are periodically reviewed and, when appropriate, changes are made prospectively. When certain events or changes in operating conditions occur, asset lives may be adjusted and an impairment assessment may be performed on the recoverability of the carrying amounts. Fixed assets consist of the following: Useful Life Balance at July 31, 2019 $ Additions $ Accumulated Depreciation $ Balance at July 31, 2020 $ Production equipment 5 years 46,379 313,530 (63,728 ) 296,181 Furniture and office equipment 5 years 8,102 - (1,623 ) 6,479 Buildings and improvements 15 years 90,657 134,510 (12,725 ) 212,442 Land - 4,212,362 - 4,212,362 145,138 4,660,402 (78,076 ) 4,727,464 Fixed asset costs are being depreciated using the straight-line method based on the useful life of the asset. Depreciation expense for the year ended was July 31, 2020, was $78,076 and there was no depreciation expense for the year ended July 31, 2019, due to the immateriality as the assets were acquired near year end. On August 26, 2019, the Company completed the acquisition of the 824-acre Potrero Ranch Property near San Diego, California for a total purchase price of $4,510,000. The property includes over 400,000 square feet of outside buildings which are currently being converted to greenhouses. The Company is utilizing the land and buildings for industrial hemp for CBD cultivation. On August 23, 2019, the Company entered into an agreement payable with the Vendor of the Property for $2,750,000 for a portion of the purchase price. The terms of the agreement are monthly payments of interest only at the rate of 6% per annum. The debt is secured by a Promissory Note secured by a Deed of Trust on real property commonly known as Round Potrero Road, Potrero, California. The maturity date of the debt is August 23, 2024. On August 23, 2019, the Company entered into an agreement payable for $1,760,000 with monthly payments of interest only at the rate of 15% per annum. The debt is secured by a Promissory Note secured by a second charge on the Deed of Trust on real property commonly known as Round Potrero Road, Potrero, California. The maturity date of the debt is August 15, 2024.

Loans Payable

Loans Payable	12 Months Ended
	Jul. 31, 2020
Loans Payable
Note - 4 Loans Payable	(a) As of July 31, 2020, the Company owes $24,989 (2019 - $155,250) plus accrued interest of $931 (2019 - $510) to a non-related party, which bears interest at the rate of 10% per annum, is unsecured and was due and payable on or before December 19, 2019. This loan payable is in default, and the Company is currently in negotiations to extend the maturity date. (b) As of July 31, 2020, the Company owes $444,850 under the Paycheck Protection Program (“PPP”). The PPP, established as part of the Coronavirus Aid, Relief and Economic Security Act (“CARES Act”), provides for loans to qualifying businesses for amounts up to 2.5 times of the average monthly payroll expenses of the qualifying business. The loans and accrued interest are forgivable after eight weeks as long as the borrower uses the loan proceeds for eligible purposes, including payroll, benefits, rent and utilities, and maintains its payroll levels. The amount of loan forgiveness will be reduced if the borrower terminates employees or reduces salaries during the eight-week period. The unforgiven portion of the PPP loan is payable over two years at an interest rate of 1%, with a deferral of payments for the first six months. The Company intends to use the proceeds for purposes consistent with the PPP. While the Company currently believes that its use of the loan proceeds will meet the conditions for forgiveness of the loan, we cannot assure you that we will not take actions that could cause the Company to be ineligible for forgiveness of the loan, in whole or in part. (c) As of July 31, 2020, the Company owes $171,213 in principal and $28,787 on accrued and unpaid interest (2019 - $-0-) to a non-related party. On December 19, 2019, the Company entered into an securities purchase agreement, which was amended on January 8, 2020 (collectively, the “SPA”) with Triton Funds, LP, an accredited investor (“Triton”), pursuant to which the Company issued and sold to Triton (i) a discounted convertible promissory note (the “Note”) in the aggregate principal amount of up to $750,000, due June 30, 2020, bearing interest at a rate of ten percent (10%) per annum and convertible into shares of the Company’s common stock at a conversion price of $2.50 per share and (ii) a common stock purchase warrant (the “Warrant”), exercisable for two (2) years, to purchase up to 250,000 shares of the Company’s common stock at an exercise price of $3.00 per share, for an aggregate purchase price of $600,000. If not exercised, the Warrant will expire at 5:00 pm EST on December 31, 2021. The Note can be prepaid at any time by paying 110% of the then outstanding principal, interest, default interest (if any), and any other amounts then due under the Note. The Note is initially convertible at a price per share equal to $2.50 (the “Fixed Conversion Price”); provided, however, that during the continuance of an event of default under the Note, the conversion price shall be equal to 75% of the lowest trading price of the Company’s common stock during the 30 trading days prior to conversion. On December 31, 2019, Triton paid an initial purchase price of $100,000 at the initial closing. The Company received net proceeds of $85,000 after paying fees of $15,000. On February 20, 2020, Triton paid the purchase price balance of $500,000. The original issue discount on the Note is a total of $150,000. On March 31, 2020, the Company and Triton entered into a Modification Agreement, pursuant to which (i) the Company paid $250,000 of the principal amount of the Note, bringing the principal balance of the Note on that date to $500,000, (ii) the maturity date of the Note was extended to August 20, 2020, (iii) the conversion price of the Note was established as 75% of the lowest trading price of our common stock during the 30 trading days prior to conversion, and (iv) the minimum volume weighted price requirement of the Note was deleted. During the year ended July 31, 2020, in addition to the $250,000 paid on March 31, 2020, Triton converted $328,786 of the debt into 1,234,946 shares of common stock pursuant to the terms of the Modification Agreement. During the year ended July 31, 2020, the Company recorded amortization expense of note discounts of $164,999. On August 19, 2020, the Company paid the remaining principal and accrued and unpaid interest in the aggregate of $200,000 and as of that date the note balance is $-0-. The Warrant was valued using a Black Scholes model which created a discount of the full value of cash received, bringing the full discount on the note to $428,700, which is to be amortized over the term of the Note. During the year ended July 31, 2020, $428,700 of the discount was amortized.

Agreement Payable

Agreement Payable	12 Months Ended
	Jul. 31, 2020
Agreement Payable
Note - 5 Agreement Payable	As of July 31, 2020, the Company owes $148,604 (2019 - $nil) to a non-related party and requires monthly payments of $4,290 including interest at the rate of 5.66% per annum for a period of 48 months commencing November 1, 2019. The loan is secured by a collateral charge on production equipment. Of the amount owed, $40,472 is included in current liabilities and $108,132 is included in long-term liabilities on the consolidated balance sheet resented herein.

Mortgage Payable

Mortgage Payable	12 Months Ended
	Jul. 31, 2020
Mortgage Payable
Note - 6 Mortgage Payable	As of July 31, 2020, the Company owes $2,750,000 (2019 - $nil) plus accrued interest payable of $41,250 (2019 - $nil) to a non-related party, with monthly payments of interest only at the rate of 6% per annum. The debt is secured by a Promissory Note secured by a Deed of Trust on real property commonly known as Round Potrero Road, Potrero, California. The maturity date of the debt is August 23, 2024, and is included in long-term liabilities on the consolidated balance sheet resented herein.

Second Mortgage Payable

Second Mortgage Payable	12 Months Ended
	Jul. 31, 2020
Mortgage Payable
Note - 7 Second Mortgage Payable	As of July 31, 2020, the Company owes $1,760,000 (2019 - $nil) plus accrued interest payable of $66,000 (2019 - $nil) to a non-related party, with monthly payments of interest only at the rate of 15% per annum. The debt is secured by a Promissory Note secured by a second charge on the Deed of Trust on real property commonly known as Round Potrero Road, Potrero, California. The maturity date of the debt is August 15, 2024, and the debt is included in long-term liabilities on the consolidated balance sheet resented herein.

Related Party Transactions

Related Party Transactions	12 Months Ended
	Jul. 31, 2020
Related Party Transactions
Note - 8 Related Party Transactions	Controlling Shareholder As of July 31, 2020, Alita Capital, Inc., together with its affiliates (collectively, “Alita”), is the controlling shareholder of the Company’s common stock, as Alita owns approximately 52.5% of our issued and outstanding common stock, Accordingly, Alita has the ability to exercise significant control over our affairs, including the election of directors and most actions requiring the approval of shareholders, including the approval of any potential merger or sale of all or substantially all assets or segments of the Company, or the Company itself. Alita is controlled by Mr. Ron Loudoun, the Company’s CEO. Alita is subject to certain restrictions under federal securities laws on sales of its shares as an affiliate. Should Alita sell or otherwise dispose of all or a portion of its position in the Company, a change in ownership and control of the Company could occur. A change in ownership, as defined by Internal Revenue Code Section 382, could reduce the availability of the Company’s net operating losses (“NOLs”) for federal and state income tax purposes. Furthermore, a change of control could trigger the change of control provisions in a number of our material agreements. As of July 31, 2020, the Company owes $2,348,482 (July 31, 2019 - $696,074) to Alita. The debt includes funds advanced to the Company and amounts paid directly to vendors, is non-interest bearing, unsecured, and due on demand. Other related party transactions include the following: (a) As of July 31, 2020, the Company owes $56,824 (July 31, 2019 - $56,824) to a company controlled by the CEO of the Company. The debt bears interest at 5% per annum, is unsecured, and is due on demand. As of July 31, 2020, accrued interest of $17,689 (July 31, 2019 - $14,825) has been included in amounts due to related parties. (b) As of July 31, 2020, the Company incurred and owes $90,000 (July 31, 2019 - $nil) to the CEO of the Company for accrued consulting fees. The debt is non-interest bearing, unsecured, and due on demand and is included in related party accounts payable. (c) As of July 31, 2020, the Company incurred $30,000 (2019- $nil) in consulting fees to the CTO and as of July 31, 2020 owes $15,000 (July 31, 2019 - $nil) to the CTO of the Company for accrued and unpaid consulting fees. The debt is non-interest bearing, unsecured, and due on demand and is included in related party accounts payable. (d) During the year ended July 31, 2020, the Company incurred $4,250 (2019 - $nil) in consulting fees to the CFO of the Company. The amount was paid and there is no balance due the CFO. (e) As of July 31, 2020, the Company owes $35,000 (July 31, 2019 - $27,500) to a former director of the Company for accrued consulting fees. The debt is non-interest bearing, unsecured, and due on demand and is included in related party accounts payable. (f) As of July 31, 2020, the Company owes $67,500 (July 31, 2019 - $15,000) to the former CEO of a subsidiary of the Company for consulting fees. The debt is non-interest bearing, unsecured, and due on demand and is included in related party accounts payable. (g) As of July 31, 2020, the Company owes $67,500 (July 31, 2019 - $15,000) to the former President of a subsidiary of the Company for consulting fees. The debt is non-interest bearing, unsecured, and due on demand and is included in related party accounts payable. (h) As of July 31, 2020, the Company owes $27,144 (July 31, 2019 - $nil) to the former Chief Agricultural Operations Manager of the Company for consulting fees. The debt is non-interest bearing, unsecured, and due on demand and is included in related party accounts payable. (i) Imputed interest of $154,074 for the year ended July 31, 2020 and $22,009 for the year ended July 31, 2019 has been recorded for the above related party debts.

Common stock

Common stock	12 Months Ended
	Jul. 31, 2020
Common stock
Note - 9 Common Stock	Share Issuances (a) On August 1, 2019, the Company issued 250,000 common shares to the CEO of the Company in exchange for services. The shares were valued at $370,000 based on OTC’s closing trade price on the date of the agreement. (b) On August 1, 2019, the Company issued 50,000 common shares to the Chief Agricultural Operations Manager of the Company in exchange for consulting services. The shares were valued at $74,000 based on OTC’s closing trade price on the date of the agreement. (c) On August 1, 2019, the Company issued 200,000 common shares to the Chief Project Manager of the Company in exchange for consulting services. The shares were valued at $296,000 based on OTC’s closing trade price on the date of the agreement. (d) On August 1, 2019, the Company issued 25,000 common shares to the Assistant Agricultural Operations Manager of the Company in exchange for consulting services. The shares were valued at $37,000 based on OTC’s closing trade price on the date of the agreement. (e) On August 1, 2019, the Company issued 250,000 common shares to a non-related party in exchange for consulting services. The shares were valued at $370,000 based on OTC’s closing trade price on the date of the agreement. (f) On August 1, 2019, the Company issued 50,000 common shares to Triton Funds LLC in exchange for consulting services. The shares were valued at $74,000 based on OTC’s closing trade price on the date of the agreement. (g) On April 20, 2020, the Company issued 50,000 common shares to an Independent Director of the Company in exchange for consulting services. The shares were valued at $100,000 based on OTC’s closing trade price on the date of the agreement. (h) On April 20, 2020, the Company issued 125,000 common shares to the Senior Vice President of Corporate Development of the Company in exchange for consulting services. The shares were valued at $250,000 based on OTC’s closing trade price on the date of the agreement. (i) On April 20, 2020, the Company issued 125,000 common shares to a Senior Vice President of Business Development – Agriculture Division of the Company in exchange for consulting services. The shares were valued at $250,000 based on OTC’s closing trade price on the date of the agreement. (j) On April 20, 2020, the Company issued 166,667 common shares to Triton Funds LP upon conversion of $50,000 of debt. The shares were valued pursuant to the conversion terms of the convertible promissory note (see note 4(c)). (k) On May 8, 2020, the Company issued 214,286 common shares to Triton Funds LP upon conversion of $60,000 of debt. The shares were valued pursuant to the conversion terms of the convertible promissory note (see note 4(c)). (l) On May 23, 2020, the Company issued 178,571 common shares to Triton Funds LP upon conversion of $50,000 of debt. The shares were valued pursuant to the conversion terms of the convertible promissory note (see note 4(c)). (m) On June 8, 2020, the Company issued 153,846 common shares to Triton Funds LP upon conversion of $40,000 of debt. The shares were valued pursuant to the conversion terms of the convertible promissory note (see note 4(c)). (n) On June 23, 2020, the Company issued 200,000 common shares to Triton Funds LP upon conversion of $50,000 of debt. The shares were valued pursuant to the conversion terms of the convertible promissory note (see note 4(c)). (o) On July 14, 2020, the Company issued 200,000 common shares to the Chief Operating Officer of the Company in exchange for services. The shares were valued at $399,360 based on OTC’s closing trade price on the date of the agreement. (p) On July 14, 2020, the Company issued 50,000 common shares to the Chief Financial Officer of the Company in exchange for services. The shares were valued at $63,500 based on OTC’s closing trade price on the date of the agreement. (q) On July 14, 2020, the Company issued 125,000 common shares to the Senior Vice President of Corporate Development of the Company in exchange for consulting services. The shares were valued at $250,000 based on OTC’s closing trade price on the date of the agreement. (r) On July 14, 2020, the Company issued 125,000 common shares to a Senior Vice President of Business Development – Agriculture Division of the Company in exchange for consulting services. The shares were valued at $250,000 based on OTC’s closing trade price on the date of the agreement. (s) On July 14, 2020, the Company issued in the aggregate 60,000 common shares to two independent consultants in exchange for services. The shares were valued at $48,300 in the aggregate, based on OTC’s closing trade price on the date of their respective agreements. (t) On July 22, 2020, the Company issued 321,576 common shares to Triton Funds LP upon conversion of $78,786 of debt. The shares were valued pursuant to the conversion terms of the convertible promissory note (see note 4(c)). Stock Payable On November 15, 2019, the Company agreed to issue 100,000 common shares to an Independent Director of the Company, William Creekmur, in exchange for consulting services. The shares were valued based on OTC’s closing trade price on the date of the agreement. The Company issued 50,000 of the shares on April 20, 2020. The remaining 50,000 shares valued at $100,000 have not been issued and are included in Stock payable as of July 31, 2020. On July 1, 2020, the Company agreed to issue 200,000 common shares to an Advisor to the Company in exchange for consulting services. The shares were valued at $92,000 based on OTC’s closing trade price on the date of the agreement.

Commitments Contingencies

Commitments Contingencies	12 Months Ended
	Jul. 31, 2020
Commitments Contingencies
Note - 10 Commitments/Contingencies	(a) On September 1, 2018, the Company entered into a consulting agreement with the CTO, Jeff Palumbo, whereby the Company agreed to pay a consulting fee of $2,500 per month for a period of two years commencing August 1, 2018. The agreement can be extended to four years upon mutual agreement. Upon completion of a minimum $1,000,000 financing, the Company will increase this payment to $5,000 per month. Upon completion of a minimum $5,000,000 financing or profitable operations, the Company will increase this payment to an amount mutually agreed upon that reflects the market rate for services provided by the CTO. (b) On August 1, 2019, the Company entered into a consulting agreement with the CEO of the Company, Ron Loudoun, whereby the Company agreed to pay a consulting fee of $7,500 per month for a period of three years and pursuant to which, the Company issued the CEO 250,000 shares of common stock of the Company. Additionally, the Company agreed to issue an additional 250,000 shares of common stock per year for the remaining two-years of the agreement. (c) On August 1, 2019, the Company entered into a consulting agreement with the Chief Project Manager, Greg Stinson, whereby the Company agreed to pay a signing bonus of $15,000 and a consulting fee of $7,500 per month for a period of five years. Pursuant to the agreement, the Company also issued the Consultant 200,000 shares of common stock of the Company. (d) On August 1, 2019, the Company entered into a consulting agreement with the Assistant Agricultural Operations Manager, Carol Snyder, whereby the Company agreed to pay a signing bonus of $4,000 and a consulting fee of $2,000 per month for a period of year. At the end of the six-month period, the Company may evaluate the performance with regards to an extension of the agreement. Pursuant to the agreement, the Company also issued the Consultant 25,000 shares of common stock of the Company. (e) On November 15, 2019, the Company agreed to issue 100,000 common shares to an Independent Director of the Company, William Creekmur, in exchange for consulting services. The shares were valued based on OTC’s closing trade price on the date of the agreement. The Company issued 50,000 of the shares on April 20, 2020. The remaining 50,000 shares valued at $100,000 have not been issued and are included in Stock payable as of July 31, 2020. (f) On February 13, 2020, the Company entered into a six-month (the “Initial Term”) consulting agreement with the CFO of the Company, Todd Mueller, whereby the Company agreed to pay a consulting fee of 100,000 shares, 50,000 shares would be delivered upon the execution of the agreement (certificated on July 14, 2020) and 50,000 delivered in six months based on the continuation of the agreement. Following the Initial Term, the Company and the Consultant may extend the Term for up to 5 years on similar terms and conditions by further agreement in writing to that effect. The Company may terminate Agreement for reason of Agreement vesting stock or stock options for the period of engagement. The Consultant Agreement with written notice prior end the term. (g) On July 1, 2020, the Company agreed to issue 200,000 common shares to an Advisor to the Company in exchange for consulting services. The shares were valued at $92,000 based on OTC’s closing trade price on the date of the agreement. There is currently no pending or threatened litigation.

Sales concentration

Sales concentration	12 Months Ended
	Jul. 31, 2020
Sales concentration
Note - 11 Sales concentration	For the year ended July 31, 2020, 100% of our revenue is from the land use rental income from San Diego Gas and Electric Company in the amount of $161,374. The term of the rental agreement is in effect until December 2020 with a monthly payment of $17,600.

Income Taxes

Income Taxes	12 Months Ended
	Jul. 31, 2020
Income Taxes
12. Income Taxes	The Company accounts for income taxes using the asset and liability method in accordance with ASC 740, “Income Taxes”. The asset and liability method provides that deferred tax assets and liabilities are recognized for the expected future tax consequences of temporary differences between the financial reporting and tax bases of assets and liabilities, and for operating loss and tax credit carry-forwards. Deferred tax assets and liabilities are measured using the currently enacted tax rates and laws that will be in effect when the differences are expected to reverse. The Company records a valuation allowance to reduce deferred tax assets to the amount that is believed more likely than not to be realized.

Subsequent Events

Subsequent Events	12 Months Ended
	Jul. 31, 2020
Subsequent Events
Note - 13 Subsequent Events	Effective August 1, 2020 (the “Effective Date”), the Company entered into an employment agreement (the “Agreement”) with Dr. Levan Darjania, PhD as the Company’s Chief Science Officer. Dr. Darjania is a seasoned and accomplished research and development (“R&D”) professional and program manager with over 26-years’ experience in biotechnology, pharmaceutical drug development (both industry and academia) and proven track record of success in developing and directing in-house and collaborative R&D programs, and forward-thinking strategic planning capabilities. Pursuant to the Agreement the Company has agreed to compensate Dr. Darjania an annual base salary of $250,000, and the issuance of 200,000 shares of common stock, of which 100,000 vested on the Effective Date and 100,000 vest six (6) months from the Effective Date. On September 2, 2020, the Company issued 500,000 common shares to SRAX, Inc. (“SRAX”), in exchange for the right to use the SRAX Sequire platform. The Company entered into an Equity Financing Agreement (the “Financing Agreement”) dated as of September 13, 2020 with GHS Investments, LLC (“GHS”) for an equity line. Although the Company is not required to sell shares under the Financing Agreement, the Financing Agreement gives the Company the option to sell to GHS up to $25,000,000 worth of our common stock, in increments, over the period ending on the earlier of (i) the date GHS has purchased an aggregate of $25,000,000 of the Company’s common stock pursuant to the Financing Agreement, or (ii) the date that the registration statement for the registration of the secondary offering and resale of the shares to be acquired by GHS pursuant to the Financing Agreement is no longer in effect (the “Open Period”). Concurrently with the execution of the Financing Agreement, the Company issued to GHS 150,857 restricted shares of its Common stock (“Commitment Shares”) to offset transaction costs. The Commitment Shares are deemed earned upon the execution of the Financing Agreement. The Company will sell shares of its common stock to GHS at a price equal to 100% of the lowest closing price of the Company’s common stock during the ten (10) consecutive trading day period ending on the date on which it delivers a put notice to GHS (the “Market Price”), and the Company will be obligated to simultaneously deliver the number of shares equal to120% of the put notice amount based on the Market Price. In addition, the Financing Agreement (i) imposes an ownership limitation on GHS of 4.99% (i.e., GHS has no obligation to purchase shares if it beneficially owns more than 4.99% of our common stock), (ii) requires a minimum of ten (10) trading days between put notices, and (iii) prohibits any single Put Amount from exceeding $500,000. Concurrently therewith, the Company entered into a registration rights agreement with GHS, pursuant to which the Company agreed to file a registration statement with the SEC for the registration of the secondary offering and resale of the shares to be acquired by GHS pursuant to the Financing Agreement and the 150,857 Commitment Shares and to have the registration statement declared effective by the SEC at the earliest possible date. The registration statement was declared effective by the SEC on September 21, 2020. On September 18, 2020 (the “Effective Date”), the Company entered into a Placement Agent and Advisory Services Agreement (the “Placement Agreement”) with Boustead Securities, LLC (“BSL”), an investment banking firm that advises clients on mergers and acquisitions, capital raises, and restructuring assignments in a wide array of industries and circumstances. The initial term of this Agreement shall be exclusive for six (6) months from the Company’s delivery of an offering memorandum to BSL (the “Initial Term”). After the Initial Term, the term of the Placement Agreement will automatically be extended for additional successive one (1) year periods unless either party provides written notice to the other party of its intent not to so extend the term at least thirty (30) days before the expiration of the then current term. Under the terms of the Placement Agreement, the Company has agreed to issue to BSL an advisory fee of two hundred fifty thousand (250,000) common stock shares with an issuance date of the Effective Date. On September 23, 2020, the Company issued 250,000 shares of common stock to the Company’s CEO, pursuant to his agreement dated August 1, 2019 (see Note 10(b)). On September 23, 2020, the Company issued 200,000 shares of common stock pursuant to a consulting agreement dated July 1, 2020 (see Note 10(g)). On September 23, 2020, the Company issued 50,000 shares to the Company’s CFO, pursuant to his consulting agreement dated February 13, 2020 (see Note 10(f)). On September 23, 2020, the Company issued 140,000 shares of common stock to an independent third party in exchange for production equipment. On September 23, 2020, the Company issued 50,000 shares of common stock in the aggregate to two independent third parties in exchange for production equipment. On September 23, 2020, the Company issued in the aggregate 750,000 shares of common stock to eight (8) consultants for services.

Significant Accounting Polici_2

Significant Accounting Policies (Policies)	12 Months Ended
	Jul. 31, 2020
Significant Accounting Policies
Basis of Presentation	These financial statements and related notes are presented in accordance with accounting principles generally accepted in the United States and are expressed in U.S. dollars.
Principles of Consolidation	These financial statements include the accounts of the Company and its subsidiaries. Subsidiaries are all entities (including structured entities) which the Company controls. For accounting purposes, control is established by an investor when it is exposed to, or has rights to, variable returns from its involvement with the entity and has the ability to affect those returns through its power over the entity. All inter-company balances and transactions are eliminated.
Use of Estimates	The preparation of financial statements in accordance with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses in the reporting period. The Company regularly evaluates estimates and assumptions related to deferred income tax asset valuation allowances. The Company bases its estimates and assumptions on current facts, historical experience and various other factors that it believes to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities and the accrual of costs and expenses that are not readily apparent from other sources. The actual results experienced by the Company may differ materially and adversely from the Company’s estimates. To the extent there are material differences between the estimates and the actual results, future results of operations will be affected.
Cash and Cash Equivalents	The Company considers all highly liquid instruments with maturity of three months or less at the time of issuance and trust funds to be cash equivalents.
Inventory	Inventory is carried at the lower of cost or net realizable value, with the cost being determined on a first-in, first-out (FIFO) basis. The Company periodically reviews physical inventory and will record a reserve for excess and/or obsolete inventory if necessary. In July 2020, the Company planted its first large scale hemp crops for cultivation. The planting covers approximately 120 acres of land and three greenhouses. During the fourth quarter of 2020, the Company purchased additional seeds and nutrients to plant in its greenhouses to be later transferred into the fields. The company determined to recognize these costs as expenses and not record as inventory as of the year ended July 31, 2020 due to our unfavorable outcome from our initial planting. These costs included approximately $105,000 for seeds and nutrients and $195,000 on labor to prepare the field and plant seeds. The Company anticipates harvesting and selling these crops by the end of 2020. The Company had previously planted a smaller crop during the year ended July 31, 2019, During the year ended July 31, 2020, the 2019 crop with an inventory value of $306,450 was fully impaired due to unfavorable weather conditions. In the early growing stages, the plants were severely damaged by a sand storm and could not be salvaged.
Impairment of Long-Lived Assets	The Company evaluates the recoverability of its fixed assets and other assets in accordance with ASC 360-10-15, Impairment or Disposal of Long-Lived Assets
Related Party Transactions	The Company follows ASC 850, Related Party Disclosures
Income Taxes	The Company accounts for income taxes using the asset and liability method in accordance with ASC 740, “Income Taxes”. The asset and liability method provides that deferred tax assets and liabilities are recognized for the expected future tax consequences of temporary differences between the financial reporting and tax bases of assets and liabilities, and for operating loss and tax credit carry-forwards. Deferred tax assets and liabilities are measured using the currently enacted tax rates and laws that will be in effect when the differences are expected to reverse. The Company records a valuation allowance to reduce deferred tax assets to the amount that is believed more likely than not to be realized.
Foreign Currency Translation	The Company’s functional and reporting currency is the U.S. dollar. Transactions in foreign currencies are translated into the currency of measurement at the exchange rates in effect on the transaction date. Monetary balance sheet items expressed in foreign currencies are translated into U.S. dollars at the exchange rates in effect at the balance sheet date. The resulting exchange gains and losses are recognized in the statement of operations.
Financial Instruments and Fair Value Measures	ASC 820, “Fair Value Measurements and Disclosures”, requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. ASC 820 establishes a fair value hierarchy based on the level of independent, objective evidence surrounding the inputs used to measure fair value. A financial instrument’s categorization within the fair value hierarchy is based upon the lowest level of input that is significant to the fair value measurement. ASC 820 prioritizes the inputs into three levels that may be used to measure fair value: Level 1 Level 1 applies to assets or liabilities for which there are quoted prices in active markets for identical assets or liabilities. Level 2 Level 2 applies to assets or liabilities for which there are inputs other than quoted prices that are observable for the asset or liability such as quoted prices for similar assets or liabilities in active markets; quoted prices for identical assets or liabilities in markets with insufficient volume or infrequent transactions (less active markets); or model-derived valuations in which significant inputs are observable or can be derived principally from, or corroborated by, observable market data. Level 3 Level 3 applies to assets or liabilities for which there are unobservable inputs to the valuation methodology that are significant to the measurement of the fair value of the assets or liabilities. The Company’s financial instruments consist principally of cash, accounts payable and accrued liabilities, loans payable, and amounts due to related parties. Pursuant to ASC 820, the fair value of cash is determined based on “Level 1” inputs, which consist of quoted prices in active markets for identical assets. The recorded values of all other financial instruments approximate their current fair values because of their nature and respective maturity dates or durations.
Stock-based Compensation	The Company records stock-based compensation in accordance with ASC 718, “Compensation – Stock Compensation” and ASC 505, “Equity Based Payments to Non-Employees”, using the fair value method. All transactions in which goods or services are the consideration received for the issuance of equity instruments are accounted for based on the fair value of the consideration received or the fair value of the equity instrument issued, whichever is more reliably measurable.
Revenue and deferred revenue	Pursuant to ASC 606, Revenue from contracts with customers. As of the date of this report, the Company has not recognized any revenue related to the hemp production business. The only revenue recognized to date is the land use rental income from San Diego Gas and Electric Company in the amount of $161,374. The term of the rental agreement is in effect until December 2020 with a monthly payment of $17,600. As of July 31, 2020, the Company has recorded deferred revenue of $15,973, representing a portion of the payment received in July 2020, that pertains to August 2020 rental income.
Leases	Pursuant to ASC 842, transparency and comparability among organizations by recognizing lease assets and lease liabilities on the balance sheet and disclosing key information about leasing transactions. As of the date of this report, the Company has no material transactions to report.
Loss Per Share	The Company computes earnings (loss) per share in accordance with ASC 260, “Earnings per Share”. ASC 260 requires presentation of both basic and diluted earnings per share (“EPS”) on the face of the income statement. Basic EPS is computed by dividing earnings (loss) available to common shareholders (numerator) by the weighted average number of shares outstanding (denominator) during the period. Diluted EPS gives effect to all dilutive potential common shares outstanding during the period using the treasury stock method and convertible preferred stock using the if-converted method. In computing diluted EPS, the average stock price for the period is used in determining the number of shares assumed to be purchased from the exercise of stock options or warrants. Diluted EPS excludes all dilutive potential shares if their effect is anti-dilutive. As of July 31, 2020, the Company does not have any potentially dilutive shares.
Comprehensive Loss	ASC 220, “Comprehensive Income”, establishes standards for the reporting and display of comprehensive loss and its components in the financial statements.
Recent Accounting Pronouncements	In July 2018, the FASB issued ASU No. 2018-10, Codification Improvements to Topic 842, Leases. The amendments in ASU 2018-10 provide additional clarification and implementation guidance on certain aspects of the previously issued ASU No. 2016-02, Leases (Topic 842) (“ASU 2016-02”) and have the same effective and transition requirements as ASU 2016-02. Upon the effective date, ASU 2018-10 will supersede the current lease guidance in ASC Topic 840, Leases. Under the new guidance, lessees will be required to recognize for all leases, with the exception of short-term leases, a lease liability, which is a lessee’s obligation to make lease payments arising from a lease, measured on a discounted basis. Concurrently, lessees will be required to recognize a right-of-use asset, which is an asset that represents the lessee’s right to use, or control the use of, a specified asset for the lease term. ASU 2018-10 is effective for private companies and emerging growth public companies for interim and annual reporting periods beginning after December 15, 2019, with early adoption permitted. The guidance is required to be applied using a modified retrospective transition approach for leases existing at, or entered into after, the beginning of the earliest comparative periods presented in the financial statements. During the year ended July 31, 2020 the Company assessed the impact this guidance had on its financial statements and concluded that at present ASU No. 2018-10 has no impact on its financial statements.

Fixed assets (Tables)

Fixed assets (Tables)	12 Months Ended
	Jul. 31, 2020
Fixed assets (Tables)
Schedule of fixed assets	Useful Life Balance at July 31, 2019 $ Additions $ Accumulated Depreciation $ Balance at July 31, 2020 $ Production equipment 5 years 46,379 313,530 (63,728 ) 296,181 Furniture and office equipment 5 years 8,102 - (1,623 ) 6,479 Buildings and improvements 15 years 90,657 134,510 (12,725 ) 212,442 Land - 4,212,362 - 4,212,362 145,138 4,660,402 (78,076 ) 4,727,464

Income tax (Tables)

Income tax (Tables)	12 Months Ended
	Jul. 31, 2020
Income Taxes
Schedule of federal statutory rate	2020 2019 Income tax recovery at statutory rate $ (1,622,931 ) $ (387,218 ) Change in enacted tax rates - - Change in valuation allowance 1,622,931 387,218 Provision for income taxes $ – $ –
Schedule of deferred income tax assets and liabilities	2020 2019 Net operating losses carried forward $ 2,722,859 1,099,928 Valuation allowance (2,722,859 ) (1,099,928 ) Net deferred income tax asset – –

Nature of Operations and Cont_2

Nature of Operations and Continuance of Business (Details Narrative) - USD ($)	12 Months Ended
	Jul. 31, 2020	Jul. 31, 2019
Working capital deficit	$ (4,541,852)
Accumulated Deficit	(50,494,387)
Revenue	$ 161,374	$ 0
Cultivation and branding enterprise [Member]
Description, ordinary agricultural commodity	The Company is an innovative, full-scope, science-driven, premium hemp cultivation and branding enterprise focused on the cultivation and processing of industrial hemp for cannabidiol (“CBD”). The Hemp Farming Act of 2018 removed hemp from Schedule I controlled substances (defined as cannabis with less than 0.3% THC) making it an ordinary agricultural commodity.

Significant Accounting Polici_3

Significant Accounting Policies (Details Narrative) - USD ($)	12 Months Ended
	Jul. 31, 2020	Jul. 31, 2019
Deferred revenue	$ 15,973
Cost of seeds and nutrients	105,000
Labor cost	195,000
Inventory	306,450
Revenues	161,374	$ 0
San Diego Gas and Electric Company [Member] | Rental Agreement [Member]
Revenues	$ 161,374
Rental agreement description	The term of the rental agreement is in effect until December 2020 with a monthly payment of $17,600.

Fixed Assets (Details)

Fixed Assets (Details) - USD ($)	12 Months Ended
	Jul. 31, 2020	Jul. 31, 2019
Production equipment	$ 296,181	$ 46,379
Furniture and office equipment	6,479	8,102
Buildings and improvements	212,442	90,657
Land	4,212,362	0
Purchase of fixed assets	$ 4,727,464	$ 145,138
Useful Life [Member]
Production equipment	5 years
Furniture and office equipment, useful life	5 years
Buildings and improvements	15 years
Additions [Member]
Furniture and office equipment	$ 0
Buildings and improvements	134,510
Land	4,212,362
Purchase of fixed assets	4,660,402
Production equipment	313,530
Accumulated Depreciation [Member]
Furniture and office equipment	(1,623)
Production equipment	(63,728)
Buildings and improvements	(12,725)
Land	0
Purchase of fixed assets	$ (78,076)

Fixed Assets (Details Narrative

Fixed Assets (Details Narrative) - USD ($)	1 Months Ended		12 Months Ended
	Aug. 26, 2019	Aug. 23, 2019	Jul. 31, 2020	Jul. 31, 2019
Debt maturity date			Aug. 23, 2024
Depreciation expense			$ 78,076	$ 0
Additions [Member]
Purchase price of acquisition	$ 4,510,000	$ 0
Area of property	The property includes over 400,000 square feet of outside buildings which are currently being converted to greenhouses.
Potrero Ranch Property [Member] | Promissiory Note One [Member]
Debt maturity date		Aug. 15, 2024
Promissory note issued for acquisition	$ 0	$ 1,760,000
Interest rate of promissiory note		15.00%
Potrero Ranch Property [Member] | Promissiory Note [Member]
Debt maturity date		Aug. 23, 2024
Promissory note issued for acquisition	$ 0	$ 2,750,000
Interest rate of promissiory note		6.00%

Loans Payable (Details Narrativ

Loans Payable (Details Narrative) - USD ($)	1 Months Ended			12 Months Ended
	Mar. 31, 2020	Feb. 20, 2020	Dec. 31, 2019	Jul. 31, 2020	Jul. 31, 2019
Amortization expense				$ 164,999
Principal amount				200,000
Warrant expenses				428,700
Proceeds from SBA Loan Payable				444,850	$ 0
Triton Funds, LP [Member]
Principal amount	$ 500,000			171,213
Accrued interest				28,787	0
Discounted convertible promissory note				$ 750,000
interest rate				10.00%
conversion price				$ 2.50
Common stock purchase warrant				250,000
common stock at an exercise price				$ 3
Purchase price				$ 600,000
Description	The maturity date of the Note was extended to August 20, 2020, (iii) the conversion price of the Note was established as 75% of the lowest trading price of our common stock during the 30 trading days prior to conversion, and (iv) the minimum volume weighted price requirement of the Note was deleted.			The Note can be prepaid at any time by paying 110% of the then outstanding principal, interest, default interest (if any), and any other amounts then due under the Note. The Note is initially convertible at a price per share equal to $2.50 (the “Fixed Conversion Price”); provided, however, that during the continuance of an event of default under the Note, the conversion price shall be equal to 75% of the lowest trading price of the Company’s common stock during the 30 trading days prior to conversion.
Proceeds from debt			$ 85,000
Fees			15,000
Initial purchase price			$ 100,000
Paid the purchase price		$ 500,000
Original issue discount				$ 150,000
Payment of debt	$ 250,000			250,000
Converted debt amount				$ 328,786
Debt instrument converted amount, shares issued				1,234,946
Non-related party [Member]
Loan payable				$ 24,989	155,250
Accrued interest				$ 931	$ 510
interest rate				10.00%	10.00%
Paycheck Protection Program [Member]
Debt Description				The unforgiven portion of the PPP loan is payable over two years at an interest rate of 1%, with a deferral of payments for the first six months.
Proceeds from SBA Loan Payable				$ 444,850

Agreement Payable (Details Narr

Agreement Payable (Details Narrative)	12 Months Ended
	Jul. 31, 2020USD ($)
Short term debt	$ 40,472
Long term debt	108,132
Agreement payable	$ 148,604
Aggrement Payable [Member] | November 1, 2019 [Member]
Interest rate	5.66%
Monthly payments	$ 4,290
Maturity period	48 months

Mortgage Payable (Details Narra

Mortgage Payable (Details Narrative) - USD ($)	12 Months Ended
	Jul. 31, 2020	Jul. 31, 2019	Dec. 31, 2019
Maturity date	Aug. 23, 2024
Mortgage Payable [Member]
Mortgage payable	$ 2,750,000	$ 0
Interest rate	6.00%
accrued interest payable	$ 41,250		$ 0
Maturity date	Aug. 23, 2024

Second Mortgage Payable (Detail

Second Mortgage Payable (Details Narrative) - USD ($)	12 Months Ended
	Jul. 31, 2020	Jul. 31, 2019
Maturity date	Aug. 23, 2024
Second Mortgage Payable [Member]
Note payable	$ 1,760,000	$ 0
Interest rate	15.00%
Accrued interest	$ 66,000	$ 0
Maturity date	Aug. 15, 2024

Related Party Transactions (Det

Related Party Transactions (Details Narrative) - USD ($)	12 Months Ended
	Jul. 31, 2020	Jul. 31, 2019
Imputed interest	$ 154,074	$ 22,009
Alita [Member]
Due to related parties	2,348,482	696,074
former Chief Agricultural Operations Manager [Member]
Consulting fees	27,144	0
former President of a subsidiary [Member]
Consulting fees	67,500	15,000
former CEO of a subsidiary [Member]
Consulting fees	67,500	15,000
former director [Member]
Consulting fees	35,000	27,500
CFO of the Company [Member]
Consulting fees	4,250	0
CTO of the Company [Member]
Consulting fees	30,000	0
Due to related parties	15,000	0
CEO of the Company one [Member]
Related party accounts payable	90,000	0
CEO of the Company [Member]
Due to related parties	56,824	56,824
Accrued interest	$ 17,689	$ 14,825
Interest rate	5.00%	5.00%

Common Stock (Details Narrative

Common Stock (Details Narrative) - USD ($)	1 Months Ended	12 Months Ended
	Apr. 20, 2020	Jul. 31, 2020
August 1, 2019 [Member] | CEO [Member]
Common Stock issued		250,000
Common Stock issued amount		$ 370,000
Advisor to the Company [Member] | July 1, 2020 [Member]
Common Stock issued		200,000
Common Stock issued amount		$ 92,000
Independent Director [Member]
Common Stock issued	50,000
Independent Director [Member] | November 15 2019 [Member]
Common Stock issued		100,000
Share issued	50,000
Share unissued		50,000
Stock payable		100,000
Independent Director [Member] | April 20, 2020 [Member]
Common Stock issued		50,000
Common Stock issued amount		$ 100,000
Triton Funds LP [Member] | July 22, 2020 [Member]
Common Stock issued		321,576
Common Stock issued amount		$ 78,786
Triton Funds LP [Member] | June 23, 2020 [Member]
Common Stock issued		200,000
Common Stock issued amount		$ 50,000
Triton Funds LP [Member] | June 8, 2020 [Member]
Common Stock issued		153,846
Common Stock issued amount		$ 40,000
Triton Funds LP [Member] | May 8, 2020 [Member]
Common Stock issued		214,286
Common Stock issued amount		$ 60,000
Triton Funds LP [Member] | April 20, 2020 [Member]
Common Stock issued		166,667
Common Stock issued amount		$ 50,000
independent consultants [Member] | July 14, 2020 [Member]
Common Stock issued		60,000
Common Stock issued amount		$ 48,300
Senior Vice President of Business Development - Agriculture Division [Member] | July 14, 2020 [Member]
Common Stock issued		125,000
Common Stock issued amount		$ 250,000
Senior Vice President of Corporate Development [Member] | July 14, 2020 [Member]
Common Stock issued		125,000
Common Stock issued amount		$ 250,000
Senior Vice President of Corporate Development [Member] | April 20, 2020 [Member]
Common Stock issued		125,000
Common Stock issued amount		$ 250,000
Chief Financial Officer [Member] | July 14, 2020 [Member]
Common Stock issued		50,000
Common Stock issued amount		$ 63,500
Chief Operating Officer [Member] | July 14, 2020 [Member]
Common Stock issued		200,000
Common Stock issued amount		$ 399,360
Triton Funds Inc [Member] | May 23, 2020 [Member]
Common Stock issued		178,571
Common Stock issued amount		$ 50,000
Senior Vice President of Corporate Development-Agriculture Division [Member] | April 20, 2020 [Member]
Common Stock issued		125,000
Common Stock issued amount		$ 250,000
Triton Funds LLC [Member] | August 1, 2019 [Member]
Common Stock issued		50,000
Common Stock issued amount		$ 74,000
Non Related Party [Member] | August 1, 2019 [Member]
Common Stock issued		250,000
Common Stock issued amount		$ 370,000
Assistant Agricultural Operations Manager [Member] | August 1, 2019 [Member]
Common Stock issued		25,000
Common Stock issued amount		$ 37,000
Chief Project Manager [Member] | August 1, 2019 [Member]
Common Stock issued		200,000
Common Stock issued amount		$ 296,000
Chief Agricultural Operations Manager [Member] | August 1, 2019 [Member]
Common Stock issued		50,000
Common Stock issued amount		$ 74,000

Commitments Contigencies (Detai

Commitments Contigencies (Details Narrative) - USD ($)	1 Months Ended	12 Months Ended
	Apr. 20, 2020	Jul. 31, 2020	Jul. 31, 2019
Common stock shares issued		39,577,781	36,657,835
CEO [Member] | August 1, 2019 [Member]
Common stock issued		250,000
Term of agreement		3 years
Common stock shares issued		250,000
Consulting fee per month		$ 7,500
Consulting Agreement [Member] | September 1, 2018 [Member]
Term of agreement		2 years
Consulting agreement description		Upon completion of a minimum $1,000,000 financing, the Company will increase this payment to $5,000 per month. Upon completion of a minimum $5,000,000 financing or profitable operations, the Company will increase this payment to an amount mutually agreed upon that reflects the market rate for services provided by the CTO
Consulting fee per month		$ 2,500
Frequency of periodic payments		Monthly
Consulting Services [Member] | July 1, 2020 [Member]
Common stock issued		200,000
Common stock shares value		$ 92,000
Independent Director [Member]
Common stock issued	50,000
Stock issuable		50,000
Stock payable value		$ 100,000
Independent Director [Member] | November 15, 2019 [Member]
Common stock issuable for services		100,000
Todd Mueller [Member] | Consulting Agreement [Member] | February 13, 2020 [Member]
Term of agreement		5 years
Consulting agreement description		the Company agreed to pay a consulting fee of 100,000 shares, 50,000 shares would be delivered upon the execution of the agreement (certificated on July 14, 2020) and 50,000 delivered in six months based on the continuation of the agreement.
Share issued for services		100,000
Shares issued in first installment		50,000
Shares issued in second installment		50,000
Assistant Agricultural Operations Manager [Member] | August 1, 2019 [Member]
Common stock issued		25,000
Assistant Agricultural Operations Manager [Member] | August 1, 2019 [Member]
Common stock issued		25,000
Consulting fee per month		$ 2,000
Signing bonus		$ 4,000
Maturity period		6 months
Chief Project Manager [Member] | August 1, 2019 [Member]
Common stock issued		200,000
Chief Project Manager [Member] | August 1, 2019 [Member]
Common stock issued		200,000
Consulting fee per month		$ 7,500
Maturity period		5 years
Agreement to pay bonus		$ 15,000

Sales Concentration (Details Na

Sales Concentration (Details Narrative) - USD ($)	12 Months Ended
	Jul. 31, 2020	Jul. 31, 2019
Revenues	$ 161,374	$ 0
San Diego Gas and Electric Company [Member] | Rental Agreement [Member]
Rental income land use	100.00%
Monthly payment	$ 17,600
Revenues	$ 161,374

Income Taxes (Details)

Income Taxes (Details) - USD ($)	12 Months Ended
	Jul. 31, 2020	Jul. 31, 2019
Income Taxes
Income tax recovery at statutory rate	$ (1,622,931)	$ (387,218)
Change in enacted tax rates	0	0
Change in valuation allowance	1,622,931	387,218
Provision for income taxes	$ 0	$ 0

Income Taxes (Details 1)

Income Taxes (Details 1) - USD ($)	12 Months Ended
	Jul. 31, 2020	Jul. 31, 2019
Income Taxes
Net operating losses carried forward	$ 2,722,859	$ 1,099,928
Valuation allowance	(2,722,859)	(1,099,928)
Net deferred income tax asset	$ 0	$ 0

Income Taxes (Details Narrative

Income Taxes (Details Narrative) - USD ($)	12 Months Ended
	Jul. 31, 2020	Jul. 31, 2019
Income Taxes
Net operating losse carried forward	$ 12,965,998
Expiring period	2028
Federal and state income tax rate	26.42%	26.42%
Limits regarding taxpayers	The 2017 Act reduces the corporate tax rate from 34% to 21% for tax years beginning after December 31, 2017. For net operating losses arising after December 31, 2017, the 2017 Act limits a taxpayer’s ability to utilize net operating losses carryforwards to 80% of taxable income.

Subsequent Events (Details Narr

Subsequent Events (Details Narrative) - USD ($)	Sep. 13, 2020	Sep. 23, 2020	Jul. 31, 2020	Jul. 31, 2019
Common stock shares issued			39,577,781	36,657,835
Consulting Agreement [Member] | Subsequent Event [Member]
Common stock shares issued		200,000
Agreement date		Jul. 1, 2020
Consulting Agreement [Member] | Subsequent Event [Member] | CFO [Member]
Common stock shares issued		50,000
Agreement date		Feb. 13, 2020
Agreement [Member] | Subsequent Event [Member] | CEO [Member]
Common stock shares issued		250,000
Agreement date		Aug. 1, 2019
Placement Agreement [Member] | Subsequent Event [Member]
Common stock shares issued	250,000
Consultants Services [Member] | Subsequent Event [Member]
Common stock shares issued		750,000
Two Independent Third Parties [Member] | Subsequent Event [Member]
Common stock shares issued		50,000
Independent Third Party [Member] | Subsequent Event [Member]
Common stock shares issued		140,000
GHS Investments LLC [Member] | Financing Agreement [Member] | Subsequent Event [Member]
Purchased aggregate fair value	$ 25,000,000
Common stock restricted shares	150,857
Closing price description	The Company will sell shares of our common stock to GHS at a price equal to 100% of the lowest closing price of the Company’s common stock during the ten (10) consecutive trading day period ending on the date on which it delivers a put notice to GHS (the “Market Price”), and the Company will be obligated to simultaneously deliver the number of shares equal to120% of the put notice amount based on the Market Price. In addition, the Financing Agreement (i) imposes an ownership limitation on GHS of 4.99% (i.e., GHS has no obligation to purchase shares if it beneficially owns more than 4.99% of our common stock), (ii) requires a minimum of ten (10) trading days between put notices, and (iii) prohibits any single Put Amount from exceeding $500,000.
Ownership limitation description	Financing Agreement (i) imposes an ownership limitation on GHS of 4.99% (i.e., GHS has no obligation to purchase shares if it beneficially owns more than 4.99% of our common stock), (ii) requires a minimum of ten (10) trading days between put notices, and (iii) prohibits any single Put Amount from exceeding $500,000.
Exceeding amount	$ 500,000
Commitment shares	150,857
Common stock shares value	$ 25,000,000
August 1, 2020 [Member] | Dr. Darjania [Member] | Employment Agreement [Member]
Shares description			The issuance of 200,000 shares of common stock, of which 100,000 vested on the Effective Date and 100,000 vest six (6) months from the Effective Date.
Annual base salary			$ 250,000
Common stock shares issuable upon exercise of options			200,000
Common stock shares vested			100,000
September 2, 2020 [Member] | SRAX, Inc. [Member]
Common stock issued			500,000