Quarterly report pursuant to Section 13 or 15(d)

Schedule of Segments (Tables)

v3.5.0.2
Schedule of Segments (Tables)
6 Months Ended
Jun. 30, 2016
Schedule of Segments (Tables)  
Schedule of Segment Reporting Information, by Segment

The Company also has certain small cancer related legacy investments and an investment in note receivable from a non-affiliated party that is included in the Corporate and Eliminations section below.

 

 

Cannabis and Medical Marijuana Segment

Trash Management

Corporate and Eliminations

Consolidated

Three months ended June 30, 2016

 

Net sales

$

-

$

667,720

$

-

$

667,720

Income from operations

 

(45,186)

14,874

(280,584)

(310,896)

Interest income

 

2,694

-

31,925

34,619

Interest expense

 

-

4,316

6,051

10,367

Property additions

 

-

20,242

-

20,242

Depreciation and amortization

 

-

6,471

871

7,342

 

Three months ended June 30, 2015

 

Net sales

 

30,308

598,078

-

628,386

Income from operations

 

(7,155)

18,588

(205,554)

(194,121)

Interest income

 

1,319

-

16,790

18,109

Interest expense

 

338

5,004

(1,472)

3,870

Property additions

 

4,378

2,346

6,036

12,760

Depreciation and amortization

 

444

6,810

684

7,938

 

Six months ended June 30, 2016

 

Net sales

 

450

1,310,563

-

1,311,013

Income from operations

 

(49,945)

47,934

(490,382)

(492,393)

Interest income

 

5,389

-

56,477

61,866

Interest expense

 

-

8,432

13,803

22,235

Total assets

 

1,606,874

1,123,451

1,518,328

4,248,653

Property additions

 

-

25,509

1,029

26,538

Depreciation and amortization

$

295

$

11,286

$

1,699

$

13,280

 

 

 

Cannabis and Medical Marijuana Segment

Trash Management

Corporate and Eliminations

Consolidated

Six months ended June 30, 2015

 

Net sales

$

30,308

$

1,171,928

$

-

$

1,202,236

Income from operations

 

(7,155)

80,586

(460,868)

(387,437)

Interest income

 

1,494

-

19,193

20,687

Interest expense

 

338

9,778

(2,057)

8,059

Total assets

 

2,194,878

1,097,137

1,730,484

5,022,499

Property additions

 

4,378

2,346

6,036

12,760

Depreciation and amortization

$

444

$

13,620

$

1,367

$

15,431