Quarterly report pursuant to Section 13 or 15(d)

Inventories

Inventories

9 Months Ended

Mar. 31, 2023

Inventories [Abstract]

Inventories

5. Inventories

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Inventory consists of the following at March 31, 2023 and June 30, 2022:

	As of		As of
	March 31, 2023		June 30, 2022
Inventory: Finished Goods	$	186,210	$	165,470
Inventory: Ingredients	$	114,018	$	82,625
Inventory: Packaging	$	93,825	$	83,436
Inventory: Allowance for Unsaleable Invent	$	1,468	$	-
Total Inventory	$	395,521	$	331,531

Inventories are stated at the lower of cost or net realizable value. The Company periodically reviews the value of items in inventory and provides write-downs or write-offs of inventory based on its assessment of market conditions and the products relative shelf life. Write-downs and write-offs are charged to loss on inventory write down.