Mountain High Acquisitions (MYHI) 10-K 14 Jul 14 2014 FY Annual report Financial data

Document_and_Entity_Informatio

Document and Entity Information (USD $)	12 Months Ended
	Mar. 31, 2014	Jul. 08, 2014	Jun. 30, 2013
Document And Entity Information	'	'	'
Entity Registrant Name	'Mountain High Acquisitions Corp.	'	'
Entity Central Index Key	'0001507181	'	'
Document Type	'10-K	'	'
Document Period End Date	31-Mar-14	'	'
Amendment Flag	'false	'	'
Current Fiscal Year End Date	'--03-31	'	'
Is Entity a Well-known Seasoned Issuer?	'No	'	'
Is Entity a Voluntary Filer?	'No	'	'
Is Entity's Reporting Status Current?	'Yes	'	'
Entity Filer Category	'Smaller Reporting Company	'	'
Entity Public Float	'	'	$0
Entity Common Stock, Shares Outstanding	'	23,892,000	'
Document Fiscal Period Focus	'FY	'	'
Document Fiscal Year Focus	'2014	'	'

CONSOLIDATED_BALANCE_SHEET

CONSOLIDATED BALANCE SHEET (USD $)	Mar. 31, 2014
CURRENT ASSETS	'
Cash and cash equivalents	$811
TOTAL CURRENT ASSETS	811
DEPOSIT FOR ACQUISITION OF PROPERTIES	850,000
TOTAL ASSETS	850,811
CURRENT LIABILITIES	'
Accounts payable	1,150
Advances from Stockholder	407,878
TOTAL CURRENT LIABILITIES	409,028
COMMITMENTS AND CONTINGENCIES	'
STOCKHOLDERS' EQUITY:	'
Preferred stock, $0.0001 par value; 250,000,000 shares authorized, nil shares issued and outstanding	'
Common stock, $0.0001 par value; 250,000,000 shares authorized, 23,892,000 shares issued and outstanding	2,389
Additional paid in capital	573,001
Accumulated (deficit)	-133,607
TOTAL STOCKHOLDERS' EQUITY	441,783
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$850,811

CONSOLIDATED_BALANCE_SHEET_Par

CONSOLIDATED BALANCE SHEET (Parenthetical) (USD $)	Mar. 31, 2014
Statement of Financial Position [Abstract]	'
Preferred stock, par value	$0.00
Preferred stock, authorized	250,000,000
Preferred stock, issued	'
Preferred stock, outstanding	'
Common stock, par value	$0.00
Common stock, authorized	250,000,000
Common stock, issued	23,892,000
Common stock, outstanding	23,892,000

CONSOLIDATED_STATEMENT_OF_OPER

CONSOLIDATED STATEMENT OF OPERATIONS (USD $)	2 Months Ended
	Mar. 31, 2014
Income Statement [Abstract]	'
Revenue	'
Cost of revenue	'
Gross profit	'
Selling, general and administrative expenses	133,607
(Loss) from operations	-133,607
Provision for income taxes	'
Net (loss)	($133,607)
Weighted average shares outstanding - basic and diluted	14,270,951
(Loss) per shares - basic and diluted	($0.01)

CONSOLIDATED_STATEMENT_OF_CASH

CONSOLIDATED STATEMENT OF CASH FLOWS (USD $)	2 Months Ended
	Mar. 31, 2014
CASH FLOWS FROM OPERATING ACTIVITIES	'
Net (loss)	($133,607)
Adjustments to reconcile net loss to net cash used in operating activities:	'
Changes in accounts payable	150
Net cash used in operating activities	-133,457
CASH FLOWS FROM INVESTING ACTIVITIES	'
Deposit for acquisition of properties	-850,000
Net cash used in investing activities	-850,000
CASH FLOWS FROM FINANCING ACTIVITIES	'
Proceeds from sale of common stock	611,500
Proceeds from advances from stockholder	372,768
Net cash provided by financing activities	984,268
NET INCREASE IN CASH AND CASH EQUIVALENTS	811
CASH AND CASH EQUIVALENTS, Beginning of the period	'
CASH AND CASH EQUIVALENTS, End of the period	811
Supplemental disclosures of cash flow information	'
Taxes paid	'
Interest paid	'

CONSOLIDATED_STATEMENT_OF_STOC

CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY (USD $)	Common Stock	Additional Paid-In Capital	Accumulated Deficit	Total
Beginning balance, amount at Jan. 29, 2014	'	'	'	'
Beginning balance, shares at Jan. 29, 2014	'	'	'	'
Shares issued for cash, shares	8,104,000	'	'	'
Shares issued for cash, amount	810	610,690	'	611,500
Shares issued in connection with recapitalization/reverse merger, shares	15,788,000	'	'	'
Shares issued in connection with recapitalization/reverse merger,, amount	1,579	-37,689	'	-36,110
Net (loss)	'	'	-133,607	-133,607
Ending balance, amount at Mar. 31, 2014	$2,389	$573,001	($133,607)	$441,783
Ending balance, shares at Mar. 31, 2014	23,892,000	'	'	'

Organization_and_Basis_of_Pres

Organization and Basis of Presentation	12 Months Ended
	Mar. 31, 2014
Accounting Policies [Abstract]	'
Organization and Basis of Presentation	'
	Note 1 - Organization and Basis of Presentation
	Organization and Line of Business
	Mountain High Acquisitions Corp, formerly known as Wireless Attachments, Inc., (the “Company”) was incorporated under the laws of the State of Colorado on September 22, 2010. The Company was incorporated for the purpose of developing solar cloth membranes for outdoor active wear that covert sunlight into electrical power and that can be used for charging and/or operating mobile devices such as the iPod and the iPhone.
	Canna-Life Corporation (“Canna-Life”) was incorporated in the State of Colorado on January 29, 2014. On March 6, 2014, the Company entered into a share exchange agreement with Canna-Life. Pursuant to the agreement, the Company acquired from Canna-Life all of the issued and outstanding capital stock consisting of 8,104,000 shares of common stock in exchange for 8,104,000 shares of the Company’s common stock.
	Concurrently with the closing of the transaction, Alan Smith, Chief Executive Officer of Canna-Life purchased 120,000,000 shares of the Company’s common stock from the Company’s majority stockholder. In addition, Mr. Smith then entered into an agreement with the Company pursuant to which he returned 113,500,000 shares of the Company’s common stock to treasury for cancellation on March 13, 2014. Mr. Smith was not compensated for the cancellation of his shares of the Company’s common stock. Upon completion of the foregoing transactions, the Company had an aggregate of 23,892,000 shares of common stock issued and outstanding of which 14,604,000 shares (61%) were owned by the former stockholders of Canna-Life.
	The exchange of shares with Canna-Life was accounted for as a reverse acquisition under the purchase method of accounting since Canna-Life obtained control of the Company and the Chief Executive Officer of Canna-Life became the Chief Executive Officer and sole director of the Company. Accordingly, the merger of Canna-Life into the Company was recorded as a recapitalization of Canna-Life, Canna-Life being treated as the continuing entity. The historical financial statements presented herein are the financial statements of Canna-Life. The share exchange agreement has been treated as a recapitalization and not as a business combination; therefore, no pro forma information is disclosed. At the date of this transaction, the net liabilities of the legal acquirer, Mountain High Acquisitions Corp, were $36,110.
	As a result of the reverse merger transactions described above, the historical financial statements presented are those of Canna-Life, the operating entity. The Company is now engaged in the business to hold, develop and manage real property.

Going_Concern

Going Concern	12 Months Ended
	Mar. 31, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]	'
Going Concern	'
	Going Concern
	The accompanying consolidated financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America, which contemplate continuation of the Company as a going concern. The Company has incurred a net loss of $133,607 and used cash for operations of $133,457 from January 29, 2014 (date of inception) to March 31, 2014 and has an accumulated deficit of $133,607 and a working capital deficit of $408,217 as of March 31, 2014. These conditions raise substantial doubt as to the Company’s ability to continue as a going concern. These consolidated financial statements do not include any adjustments that might result from the outcome of this uncertainty. These consolidated financial statements do not include any adjustments relating to the recoverability and classification of recorded asset amounts, or amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern. Management plans to continue to raise capital to fund the Company’s operations and believes that it can continue to raise equity or debt financing to support its operations until the Company is able to generate positive cash flow from operations.

Summary_of_Significant_Account

Summary of Significant Accounting Policies	12 Months Ended
	Mar. 31, 2014
Accounting Policies [Abstract]	'
Summary of Significant Accounting Policies	'
	Note 2 – Summary of Significant Accounting Policies
	Basis of Presentation
	The accompanying consolidated financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America (“US GAAP”). The accompanying consolidated financial statements have been presented in United States Dollars ($ or “USD”). The fiscal year end is March 31.
	Principles of Consolidation
	The accounts of the Company and its wholly–owned subsidiary Canna-Life are included in the accompanying consolidated financial statements. All intercompany balances and transactions were eliminated in consolidation.
	Use of Estimates
	The preparation of financial statements in conformity with US GAAP requires management to make estimates and assumptions. These estimates and assumptions affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. It is possible that accounting estimates and assumptions may be material to the Company due to the levels of subjectivity and judgment involved.
	Cash and Cash Equivalents
	Cash and cash equivalents include cash on hand and cash in time deposits, certificates of deposit and all highly liquid debt instruments with original maturities of three months or less.
	Deposit for Acquisition of Property
	Deposit for acquisition of property relates to amounts paid to Deep Blue Enterprises, LLC (“Deep Blue”) to acquire 100% of Deep Blue’s interests in three properties commonly known as the “Isabelle Property,” which is located in Lafayette, Boulder County, Colorado, the “Pueblo Property,” which is located in Avondale, Pueblo County, Colorado, and the “Madison St. Property,” which is located in Denver, Denver County, Colorado. The deposit is recorded in the accompanying consolidated balance sheet at the amounts paid.
	Revenue Recognition
	In accordance with the Securities and Exchange Commission’s (“SEC”) Staff Accounting Bulletin No. 104, Revenue Recognition, the Company will recognize revenue when it is realized or realizable and earned. The Company must meet all of the following four criteria under SAB 104 to recognize revenue:
	Persuasive evidence that an arrangement exists;
	Delivery has occurred;
	The sales price is fixed or determinable; and
	Collection is reasonably assured.
	Income Taxes
	The Company accounts for income taxes in accordance with ASC Topic 740, Income Taxes. ASC 740 requires a company to use the asset and liability method of accounting for income taxes, whereby deferred tax assets are recognized for deductible temporary differences, and deferred tax liabilities are recognized for taxable temporary differences. Temporary differences are the differences between the reported amounts of assets and liabilities and their tax bases. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion, or all of, the deferred tax assets will not be realized. Deferred tax assets and liabilities are adjusted for the effects of changes in tax laws and rates on the date of enactment.
	Under ASC 740, a tax position is recognized as a benefit only if it is “more likely than not” that the tax position would be sustained in a tax examination, with a tax examination being presumed to occur. The amount recognized is the largest amount of tax benefit that is greater than 50% likely of being realized on examination. For tax positions not meeting the “more likely than not” test, no tax benefit is recorded. The portion of the benefits associated with tax positions taken that exceeds the amount measured as described above is reflected as a liability for unrecognized tax benefits in the balance sheets along with any associated interest and penalties that would be payable to the taxing authorities upon examination. Applicable interest and penalties associated with unrecognized tax benefits are classified as additional income taxes in the statements of operations. The open tax years are 2011, 2012 and 2013.
	Basic and Diluted Loss Per Share
	Earnings per share is calculated in accordance with the ASC Topic 260, Earnings Per Share. Basic earnings per share is based upon the weighted average number of common shares outstanding. Diluted earnings per share is based on the assumption that all dilutive convertible shares and stock warrants were converted or exercised. Dilution is computed by applying the treasury stock method. Under this method, warrants are assumed to be exercised at the beginning of the period (or at the time of issuance, if later), and as if funds obtained thereby were used to purchase common stock at the average market price during the period. There were 604,000 warrants outstanding at March 31, 2014, which were excluded from the diluted loss per share calculation as their inclusion would be anti-dilutive.
	Recent Accounting Pronouncements
	In April 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2014-08, Presentation of Financial Statements (Topic 205) and Property, Plant and Equipment (Topic 360). ASU 2014-08 amends the requirements for reporting discontinued operations and requires additional disclosures about discontinued operations. Under the new guidance, only disposals representing a strategic shift in operations or that have a major effect on the Company's operations and financial results should be presented as discontinued operations. This new accounting guidance is effective for annual periods beginning after December 15, 2014. The Company is currently evaluating the impact of adopting ASU 2014-08 on the Company's results of operations or financial condition.
	In June 2014, the FASB issued ASU No. 2014-10, Development Stage Entities (Topic 915): Elimination of Certain Financial Reporting Requirements, Including an Amendment to Variable Interest Entities Guidance in Topic 810, Consolidation which removes the definition of a development stage entity from Topic 915, thereby removing the distinction between development stage entities and other reporting entities from U.S. GAAP. In addition, the amendments eliminate the requirements for development stage entities to (1) present inception-to-date information on the statements of operations, cash flows, and stockholders’ equity, (2) label the financial statements as those of a development stage entity, (3) disclose a description of the development stage activities in which the entity is engaged, and (4) disclose in the first year in which the entity is no longer a development stage entity that in prior years it had been in the development stage. The amendment is effective for annual reporting periods beginning after December 15, 2014. Early application is permitted. The Company chose to adopt ASU No. 2014-10 in the period ended March 31, 2014.
	Other recent authoritative guidance issued by the FASB (including technical corrections to the FASB Accounting Standards Codification), the American Institute of Certified Public Accountants, and the SEC, did not, or are not expected to have a material effect on the Company’s consolidated financial statements.

Advances_from_Stockholder

Advances from Stockholder	12 Months Ended
	Mar. 31, 2014
Debt Disclosure [Abstract]	'
Advances from Stockholder	'
	Note 3 – Advances from Stockholder
	During the period from January 29, 2014 (date of inception) to March 31, 2014, Alan Smith, the Company’s Chief Executive officer and sole director, paid $407,878 to fund the Company’s operations. The amount is unsecured, due upon demand and non-interest bearing. The amount due to stockholder at March 31, 2014 was $407,878.
	Subsequent to March 31, 2014, there were additional advances of $17,737 from Alan Smith, the Company’s Chief Executive officer and sole director, under the same terms and conditions of prior advances.

Equity

Equity	12 Months Ended
	Mar. 31, 2014
Equity [Abstract]	'
Equity	'
	Note 4 – Equity
	Common Stock
	The Company has authorized 250,000,000 shares of common stock with a par value of $0.0001 per share and 250,000,000 shares of preferred stock with a par value of $0.0001 per share.
	The Company issued 7,500,000 shares of common stock to its founder for $7,500 upon incorporation.
	In connection with a private placement offering in February and March 2014, the Company sold 604,000 units, each unit consisting of one share of the Company’s common stock and a warrant to purchase one share of the Company’s common stock. The warrants have an exercise price of $4.75 and expire on March 6, 2017.
	In connection with reverse merger transaction, the original stockholders of the Company retained 15,788,000 shares of common stock of which 6,500,000 of those shares were purchased by Mr. Smith concurrent with the closing of the transaction between the Company and Canna-Life. (see Note 1).
	Warrants
	The following table summarizes the warrant activity:
							Weighted
					Weighted		Average
					Average		Remaining		Aggregate
			Number of		Exercise		Contractual		Intrinsic
			Warrants/Options		Price $		Life (in years)		Value $
		Outstanding, January 29, 2014		—
		Granted		604,000	$	4.75
		Exercised		—
		Forfeited/Canceled		—
		Outstanding, March 31, 2014		604,000	$	4.75		2.9
		Exercisable, March 31, 2014		604,000	$	4.75		2.9	$	—
	The number and weighted average exercise prices of all warrants outstanding as of March 31, 2014, are as follows:
			Warrants Outstanding and Exercisable
					Weighted		Weighted
					Average		Average
	Exercise		Number		Exercise		Remaining
	Price $		of Shares		Price $		Life (Years)
		4.75		604,000		4.75		2.9
				604,000

Income_Taxes

Income Taxes	12 Months Ended
	Mar. 31, 2014
Income Tax Disclosure [Abstract]	'
Income Taxes	'
	Note 5 – Income Taxes
	The Company accounts for income taxes using the asset and liability approach in accounting for income taxes. Under this approach, deferred tax assets and liabilities are recognized based on anticipated future tax consequences, using currently enacted tax laws, attributable to temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts calculated for income tax purposes.
	The Company has federal net operating loss carryforwards of approximately $210,398 expiring in various years through 2034. The tax benefit of these net operating losses has been offset by a full allowance for realization. The use of the net operating loss carryfowards may be limited due to the change in control.
	Income tax expense (benefit) consists of the following for the period ended March 31, 2014:
	Current taxes	$	—
	Deferred taxes		52,107
	Less: valuation allowance		(52,107	)
	Net income tax provision	$	—
	The Company’s effective tax rate differs from the high statutory rate for the period ended March 31, 2014, due to the following (expressed as a percentage of pre-tax income):
	Federal taxes at statutory rate	$	34	%
	State taxes, net of federal tax benefit		5	%
	Valuation allowance		-39	%
	Effective income tax rate	$	0	%
	As of March 31, 2014, the components of these temporary differences and the deferred tax asset were as follows:
	Deferred Tax assets:
	Net operating loss carryforward	$	82,055
	Less: valuation allowance		(82,055	)
	Net deferred tax assets	$	—

Subsequent_Events

Subsequent Events	12 Months Ended
	Mar. 31, 2014
Subsequent Events [Abstract]	'
Subsequent Events	'
	Note 6 – Subsequent Events
	Consulting Agreement
	On April 3, 2014, the Company’s entered into a consulting agreement with Dr. Bob Melamede. Pursuant to the consulting agreement, Dr. Melamede will serve as a member of the Company’s newly formed Advisory Board and act as the Scientific Advisor of the Advisory Board for a term of 12 months. In exchange for Dr. Melamede’s services, he shall receive: (1) $10,000 per year, due and payable in advance; and (2) 300,000 common stock purchase warrants at an exercise price of $4.00 per share that vest immediately and shall expire on April 3, 2016.
	Master Property Purchase and Sale Agreement
	On April 30, 2014, the Company entered into a Master Property Purchase and Sale Agreement (the “Agreement”) with Deep Blue Enterprises, LLC, a Colorado limited liability company that is the successor in interest to New Alternatives Consulting LLC (“Deep Blue”).  Subject to the terms and conditions of the Agreement, the Company shall acquire 100% of Deep Blue’s interests in three properties commonly known as the “Isabelle Property,” which is located in Lafayette, Boulder County, Colorado, the “Pueblo Property,” which is located in Avondale, Pueblo County, Colorado, and the “Madison St. Property,” which is located in Denver, Denver County, Colorado (collectively referred to herein as the “Properties”). As consideration for the acquisition of Deep Blue’s interests in the Properties, the Company shall pay to Deep Blue an aggregate of $12,500,000 which is payable in various installments over the next year.

Summary_of_Significant_Account1

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Mar. 31, 2014
Accounting Policies [Abstract]	'
Basis of Presentation	'
	Basis of Presentation
	The accompanying consolidated financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America (“US GAAP”). The accompanying consolidated financial statements have been presented in United States Dollars ($ or “USD”). The fiscal year end is March 31.
Principles of Consolidation	'
	Principles of Consolidation
	The accounts of the Company and its wholly–owned subsidiary Canna-Life are included in the accompanying consolidated financial statements. All intercompany balances and transactions were eliminated in consolidation.
Use of Estimates	'
	Use of Estimates
	The preparation of financial statements in conformity with US GAAP requires management to make estimates and assumptions. These estimates and assumptions affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. It is possible that accounting estimates and assumptions may be material to the Company due to the levels of subjectivity and judgment involved.
Cash and Cash Equivalents	'
	Cash and Cash Equivalents
	Cash and cash equivalents include cash on hand and cash in time deposits, certificates of deposit and all highly liquid debt instruments with original maturities of three months or less.
Deposit for Acquisition of Property	'
	Deposit for Acquisition of Property
	Deposit for acquisition of property relates to amounts paid to Deep Blue Enterprises, LLC (“Deep Blue”) to acquire 100% of Deep Blue’s interests in three properties commonly known as the “Isabelle Property,” which is located in Lafayette, Boulder County, Colorado, the “Pueblo Property,” which is located in Avondale, Pueblo County, Colorado, and the “Madison St. Property,” which is located in Denver, Denver County, Colorado. The deposit is recorded in the accompanying consolidated balance sheet at the amounts paid.
Revenue Recognition	'
	Revenue Recognition
	In accordance with the Securities and Exchange Commission’s (“SEC”) Staff Accounting Bulletin No. 104, Revenue Recognition, the Company will recognize revenue when it is realized or realizable and earned. The Company must meet all of the following four criteria under SAB 104 to recognize revenue:
	Persuasive evidence that an arrangement exists;
	Delivery has occurred;
	The sales price is fixed or determinable; and
	Collection is reasonably assured.
Income Taxes	'
	Income Taxes
	The Company accounts for income taxes in accordance with ASC Topic 740, Income Taxes. ASC 740 requires a company to use the asset and liability method of accounting for income taxes, whereby deferred tax assets are recognized for deductible temporary differences, and deferred tax liabilities are recognized for taxable temporary differences. Temporary differences are the differences between the reported amounts of assets and liabilities and their tax bases. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion, or all of, the deferred tax assets will not be realized. Deferred tax assets and liabilities are adjusted for the effects of changes in tax laws and rates on the date of enactment.
	Under ASC 740, a tax position is recognized as a benefit only if it is “more likely than not” that the tax position would be sustained in a tax examination, with a tax examination being presumed to occur. The amount recognized is the largest amount of tax benefit that is greater than 50% likely of being realized on examination. For tax positions not meeting the “more likely than not” test, no tax benefit is recorded. The portion of the benefits associated with tax positions taken that exceeds the amount measured as described above is reflected as a liability for unrecognized tax benefits in the balance sheets along with any associated interest and penalties that would be payable to the taxing authorities upon examination. Applicable interest and penalties associated with unrecognized tax benefits are classified as additional income taxes in the statements of operations. The open tax years are 2011, 2012 and 2013.
Basic and Diluted Loss Per Share	'
	Basic and Diluted Loss Per Share
	Earnings per share is calculated in accordance with the ASC Topic 260, Earnings Per Share. Basic earnings per share is based upon the weighted average number of common shares outstanding. Diluted earnings per share is based on the assumption that all dilutive convertible shares and stock warrants were converted or exercised. Dilution is computed by applying the treasury stock method. Under this method, warrants are assumed to be exercised at the beginning of the period (or at the time of issuance, if later), and as if funds obtained thereby were used to purchase common stock at the average market price during the period. There were 604,000 warrants outstanding at March 31, 2014, which were excluded from the diluted loss per share calculation as their inclusion would be anti-dilutive.
Recent Accounting Pronouncements	'
	Recent Accounting Pronouncements
	In April 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2014-08, Presentation of Financial Statements (Topic 205) and Property, Plant and Equipment (Topic 360). ASU 2014-08 amends the requirements for reporting discontinued operations and requires additional disclosures about discontinued operations. Under the new guidance, only disposals representing a strategic shift in operations or that have a major effect on the Company's operations and financial results should be presented as discontinued operations. This new accounting guidance is effective for annual periods beginning after December 15, 2014. The Company is currently evaluating the impact of adopting ASU 2014-08 on the Company's results of operations or financial condition.
	In June 2014, the FASB issued ASU No. 2014-10, Development Stage Entities (Topic 915): Elimination of Certain Financial Reporting Requirements, Including an Amendment to Variable Interest Entities Guidance in Topic 810, Consolidation which removes the definition of a development stage entity from Topic 915, thereby removing the distinction between development stage entities and other reporting entities from U.S. GAAP. In addition, the amendments eliminate the requirements for development stage entities to (1) present inception-to-date information on the statements of operations, cash flows, and stockholders’ equity, (2) label the financial statements as those of a development stage entity, (3) disclose a description of the development stage activities in which the entity is engaged, and (4) disclose in the first year in which the entity is no longer a development stage entity that in prior years it had been in the development stage. The amendment is effective for annual reporting periods beginning after December 15, 2014. Early application is permitted. The Company chose to adopt ASU No. 2014-10 in the period ended March 31, 2014.
	Other recent authoritative guidance issued by the FASB (including technical corrections to the FASB Accounting Standards Codification), the American Institute of Certified Public Accountants, and the SEC, did not, or are not expected to have a material effect on the Company’s consolidated financial statements.

Equity_Tables

Equity (Tables)	12 Months Ended
	Mar. 31, 2014
Equity [Abstract]	'
Warrant activity	'
							Weighted
					Weighted		Average
					Average		Remaining		Aggregate
			Number of		Exercise		Contractual		Intrinsic
			Warrants/Options		Price $		Life (in years)		Value $
		Outstanding, January 29, 2014		—
		Granted		604,000	$	4.75
		Exercised		—
		Forfeited/Canceled		—
		Outstanding, March 31, 2014		604,000	$	4.75		2.9
		Exercisable, March 31, 2014		604,000	$	4.75		2.9	$	—
Number and weighted average exercise price of all warrants outstanding	'
			Warrants Outstanding and Exercisable
					Weighted		Weighted
					Average		Average
	Exercise		Number		Exercise		Remaining
	Price $		of Shares		Price $		Life (Years)
		4.75		604,000		4.75		2.9
				604,000

Income_Taxes_Tables

Income Taxes (Tables)	12 Months Ended
	Mar. 31, 2014
Income Tax Disclosure [Abstract]	'
Income tax expense (benefit)	'
	Current taxes	$	—
	Deferred taxes		52,107
	Less: valuation allowance		(52,107	)
	Net income tax provision	$	—
Effective tax rate reconciliation	'
	Federal taxes at statutory rate	$	34	%
	State taxes, net of federal tax benefit		5	%
	Valuation allowance		-39	%
	Effective income tax rate	$	0	%
Deferred tax assets	'
	Deferred Tax assets:
	Net operating loss carryforward	$	82,055
	Less: valuation allowance		(82,055	)
	Net deferred tax assets	$	—

Organization_and_Basis_of_Pres1

Organization and Basis of Presentation (Details Narrative) (USD $)	Mar. 31, 2014	Mar. 13, 2014	Mar. 06, 2014
Accounting Policies [Abstract]	'	'	'
Common stock acquired from Canna-Life	'	'	8,104,000
Common stock exchanged for Canna-Life stock	'	'	8,104,000
Common stock shares purchased from majority stockholder by Canna-Life CEO	'	'	120,000,000
Common stock returned to treasury by Canna-Life CEO for cancellation of shares	'	113,500,000	'
Aggregate shares of common stock issued and outstanding	23,892,000	23,892,000	'
Number of shares remaining owned by former stockholders of Canna-Life	'	14,604,000	'
Percentage of total common stock issued and outstanding owned by former stockholders of Canna-Life	'	61.00%	'
Net liabilities of legal acquirer, Mountain High Acquisitions Corp	'	'	$36,110

Going_Concern_Details_Narrativ

Going Concern (Details Narrative) (USD $)	2 Months Ended
	Mar. 31, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]	'
Net loss	($133,607)
Net cash used in operating activities	-133,457
Accumulated deficit	-133,607
Working capital deficit	($408,217)

Summary_of_Significant_Account2

Summary of Significant Accounting Policies (Details Narrative) (USD $)	Mar. 31, 2014
Accounting Policies [Abstract]	'
Acquisition of Deep Blue's interest in three properties	100.00%
Warrants outstanding	$604,000

Advances_from_Stockholder_Deta

Advances from Stockholder (Details Narrative) (USD $)	1 Months Ended	12 Months Ended
	Apr. 30, 2014	Mar. 31, 2014
Debt Disclosure [Abstract]	'	'
Funds paid by CEO for operations	'	$407,878
Debt payable to stockholder	'	-407,878
Additional funds from CEO	$17,737	'

Equity_Warrant_activity_Detail

Equity - Warrant activity (Details) (USD $)	2 Months Ended						2 Months Ended
	Mar. 31, 2014	Mar. 31, 2014	Jan. 29, 2014	Jan. 29, 2014	Jan. 29, 2014	Jan. 29, 2014	Mar. 31, 2014
		Outstanding	Outstanding	Granted	Exercised	Forteited/Canceled	Exercisable
Number of Warrants/Options	604,000	604,000	'	604,000	'	'	604,000
Weighted Average Exercise Price	$4.75	$4.75	'	$4.75	'	'	$4.75
Weighted Average Remaining Contractual Life	'2 years 10 months 24 days	'2 years 10 months 24 days	'	'	'	'	'2 years 10 months 24 days
Aggregate Intrinsic Value	'	'	'	'	'	'	'

Equity_Number_and_weighted_ave

Equity - Number and weighted average exercise price of all warrants outstanding (Details) (USD $)	2 Months Ended
	Mar. 31, 2014
Equity [Abstract]	'
Warrants, Exercise Price	$4.75
Warrants, Number of Shares	604,000
Warrants, Weighted Average Exercise Price	$4.75
Warrants, Weighted Average Remaining Life	'2 years 10 months 24 days

Equity_Details_Narrative

Equity (Details Narrative) (USD $)	2 Months Ended
	Mar. 31, 2014
Equity [Abstract]	'
Common stock, authorized	250,000,000
Common stock, par value	$0.00
Preferred stock, authorized	250,000,000
Preferred stock, par value	$0.00
Common stock issued to founder upon incorporation	7,500
Cash received from founder for issuance of common stock	$7,500
Units sold in connection with a private placement offering, consisting of one share of common stock and a warrant to purchase one share of common stock	604,000
Warrant exercise price	$4.75
Warrant expiration date	6-Mar-17
Common stock shares retained by original stockholders of the Company in connection with reverse merger transaction	15,788,000
Portion of shares purchased by Canna-Life CEO concurrent with closing of transaction	6,500,000

Income_Taxes_Income_tax_expens

Income Taxes - Income tax expense (benefit) (Details) (USD $)	12 Months Ended
	Mar. 31, 2014
Income Tax Disclosure [Abstract]	'
Current taxes	'
Deferred taxes	52,107
Less: valuation allowance	-52,107
Net income tax provision	'

Income_Taxes_Effective_tax_rat

Income Taxes - Effective tax rate reconciliation (Details)	12 Months Ended
	Mar. 31, 2014
Income Tax Disclosure [Abstract]	'
Federal taxes at statutory rate	34.00%
State taxes, net of federal tax benefit	5.00%
Valuation allowance	39.00%
Effective income tax rate	0.00%

Income_Taxes_Deferred_tax_asse

Income Taxes - Deferred tax assets (Details) (USD $)	Mar. 31, 2014
Deferred Tax assets:	'
Net operating loss carryforward	$82,055
Less: valuation allowance	-82,055
Net deferred tax assets	'

Income_Taxes_Details_Narrative

Income Taxes (Details Narrative) (USD $)	Mar. 31, 2014
Income Tax Disclosure [Abstract]	'
Operating loss carryforwards	$210,398

Subsequent_Events_Details_Narr

Subsequent Events (Details Narrative) (USD $)	Apr. 30, 2014	Apr. 03, 2014
Subsequent Events [Abstract]	'	'
Advance due and payable, per year	'	$10,000
Common stock purchase warrants	'	300,000
Common stock purchase warrants, exercise price per share	'	$4
Amount payable for the acquisition of Deep Blue's interests in the Properties	$12,500,000	'