Jushi Holdings Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

ACQUISITIONS - 2021 Preliminary Purchase Price Allocation (Details)

ACQUISITIONS - 2021 Preliminary Purchase Price Allocation (Details) - USD ($) $ in Thousands				1 Months Ended	3 Months Ended	12 Months Ended
	Sep. 10, 2021	Apr. 30, 2021	Mar. 04, 2021	Jul. 31, 2021	Dec. 31, 2021	Dec. 31, 2021	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022
Liabilities Assumed:
Goodwill					$ 45,828	$ 45,828	$ 81,562	$ 81,562	$ 54,300
2021 Business Combinations and Asset Acquisitions
Assets Acquired:
Cash and cash equivalents					3,454	3,454
Prepaids					378	378
Accounts receivable, net					263	263
Inventory					16,066	16,066
Indemnification assets					2,733	2,733
Right-of-use assets - operating lease					3,196	3,196
Assets Acquired:
Property, plant and equipment					22,904	22,904
Right-of-use assets - finance leases					29,355	29,355
Intangible assets - license					63,631	63,631
Deposits					45	45
Total assets acquired					148,525	148,525
Liabilities Assumed:
Accounts payable and accrued liabilities					8,605	8,605
Operating lease obligations					3,126	3,126
Deferred tax liabilities					23,432	23,432
Liabilities Assumed:
Finance lease obligations					29,084	29,084
Total liabilities assumed					64,247	64,247
Net assets acquired					84,278	84,278
Goodwill					28,518	28,518
Total					112,796	112,796
Consideration paid in cash, as adjusted for working capital adjustments						50,728
Consideration paid in promissory notes (fair value)						17,774
Consideration paid in shares						36,038
Contingent liability					8,223	8,223
Capitalized costs						33
Fair value of consideration						112,796
Assets assumed, decrease					12,020
Liabilities assumed, decrease					5,248
Net assets acquired, decrease					6,772
Goodwill, increase					6,405
Consideration transferred, decrease					367
2021 Business Combinations and Asset Acquisitions \| Trade Names
Assets Acquired:
Intangible assets					4,400	4,400
2021 Business Combinations and Asset Acquisitions \| Customer Relationships
Assets Acquired:
Intangible assets					2,100	2,100
OhiGrow Assets Acquisition
Assets Acquired:
Property, plant and equipment				$ 3,165
Intangible assets - license				1,817
Total assets acquired				4,982
Liabilities Assumed:
Total liabilities assumed				0
Net assets acquired				4,982
Consideration paid in cash, as adjusted for working capital adjustments				4,949
Capitalized costs				33
Fair value of consideration				$ 4,982
Grover Beach Assets Acquisition
Assets Acquired:
Property, plant and equipment			$ 269
Right-of-use assets - finance leases			2,050
Intangible assets - license			3,654
Deposits			19
Total assets acquired			5,992
Liabilities Assumed:
Finance lease obligations			2,032
Total liabilities assumed			2,032
Net assets acquired			3,960
Consideration paid in cash, as adjusted for working capital adjustments			3,592
Consideration paid in shares			368
Fair value of consideration			$ 3,960
Nature's Remedy
Assets Acquired:
Cash and cash equivalents	$ 3,195
Prepaids	325
Accounts receivable, net	263
Inventory	15,882
Indemnification assets	1,322
Property, plant and equipment	19,470
Right-of-use assets - finance lease	27,305
Right-of-use assets - operating lease	1,337
Intangible assets	56,000
Deposits	20
Total assets acquired	131,619
Liabilities Assumed:
Accounts payable and accrued liabilities	7,004
Finance lease obligations	27,052
Operating lease obligations	1,267
Deferred tax liabilities	22,784				2,908	2,908
Total liabilities assumed	58,107
Liabilities Assumed:
Net assets acquired	73,512
Goodwill	26,086				(7,092)	(7,092)
Total	99,598
Consideration paid in cash, as adjusted for working capital adjustments	40,360
Consideration paid in promissory notes (fair value)	15,345
Consideration paid in shares	35,670
Contingent liability	8,223
Fair value of consideration	99,598
Intangible assets, license					10,000	$ 10,000
Nature's Remedy \| Trade Names
Assets Acquired:
Intangible assets	4,400
Liabilities Assumed:
Useful life						5 years
Nature's Remedy \| Customer Relationships
Assets Acquired:
Intangible assets	$ 2,100
Liabilities Assumed:
Useful life						15 years
Organic Solutions of the Desert, LLC
Assets Acquired:
Cash and cash equivalents		$ 259
Prepaids		53
Inventory		184
Indemnification assets		1,411
Right-of-use assets - operating lease		1,859
Intangible assets		2,160
Deposits		6
Total assets acquired		5,932
Liabilities Assumed:
Accounts payable and accrued liabilities		1,601
Operating lease obligations		1,859
Deferred tax liabilities		648
Total liabilities assumed		4,108
Liabilities Assumed:
Net assets acquired		1,824
Goodwill		2,432
Total		4,256
Consideration paid in cash, as adjusted for working capital adjustments		1,827
Consideration paid in promissory notes (fair value)		2,429
Fair value of consideration		$ 4,256
Nature's Remedy and Organic Solutions of the Dessert, LLC
Assets Acquired:
Indemnification assets					$ 2,733	$ 2,733