GREY:ALEAF - Post by User
Post by
go.faster@ymail.comon Aug 17, 2020 2:07pm
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Interesting question???...
Interesting question???...How and when does/can (GAAP) Aleafia value the inventory growing in the field? What dollar value can they apply? Is it 'work-in-progress' or finished inventory at some point?
I have no idea!!! Any accountants out there that can answer this?
Its fairly impactful calculation and the timing of such calculation is crucial...of course the price point they use is crucial too (valued at cost or wholesale or ave. historical selling price???)
Hmmmmm....
gf