Annual report pursuant to Section 13 and 15(d)

ACQUISITIONS - 2022 Preliminary Purchase Price Allocation (Details)

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ACQUISITIONS - 2022 Preliminary Purchase Price Allocation (Details) - USD ($)
$ in Thousands
 1 Months Ended 2 Months Ended
Apr. 30, 2022
Mar. 31, 2022
Apr. 30, 2022
Dec. 31, 2022
Jun. 30, 2022
Dec. 31, 2021
Dec. 31, 2020
Liabilities Assumed:              
Goodwill       $ 38,239   $ 45,828 $ 19,093
Consideration:              
Contingent consideration liabilities - current portion       $ 3,398   $ 0  
NuLeaf              
Assets Acquired:              
Cash and cash equivalents $ 618   $ 618        
Prepaids and other assets 278   278        
Accounts receivable, net 39   39        
Inventory 5,334   5,334        
Indemnification assets 5,734   5,734        
Property, plant and equipment 11,880   11,880        
Right-of-use assets - finance lease 4,598   4,598        
Right-of-use assets - operating lease 1,067   1,067        
Intangible assets 14,097   14,097        
Deposits 110   110        
Total assets acquired 43,755   43,755        
Liabilities Assumed:              
Accounts payable and accrued liabilities 584   584        
Finance lease obligations 5,054   5,054        
Operating lease obligations 1,067   1,067        
Deferred tax liabilities 5,518   5,518        
Uncertain tax positions 5,734   5,734        
Total liabilities assumed 17,957   17,957        
Net assets acquired 25,798   25,798        
Goodwill 24,474   24,474        
Total 50,272   50,272        
Consideration:              
Consideration paid in cash, net of working capital adjustments 14,918            
Consideration payable in cash (customary hold back liability) 932            
Consideration paid in promissory notes (fair value) 12,860            
Consideration paid in shares 13,573            
Contingent consideration liabilities - current portion 7,989   7,989        
Fair value of consideration 50,272            
Indemnification assets and accrued tax liabilities 5,734   5,734        
NuLeaf | Licensing Agreements              
Assets Acquired:              
Intangible assets 10,400   10,400        
Apothecarium              
Assets Acquired:              
Cash and cash equivalents   $ 25          
Prepaids and other assets   32          
Accounts receivable, net   0          
Inventory   699          
Indemnification assets   0          
Property, plant and equipment   498          
Right-of-use assets - finance lease   2,333          
Right-of-use assets - operating lease   0          
Intangible assets   8,600          
Deposits   301          
Total assets acquired   12,488          
Liabilities Assumed:              
Accounts payable and accrued liabilities   497          
Finance lease obligations   2,323          
Operating lease obligations   0          
Deferred tax liabilities   2,283          
Uncertain tax positions   0          
Total liabilities assumed   5,103          
Net assets acquired   7,385          
Goodwill   7,834          
Total   15,219          
Consideration:              
Consideration paid in cash, net of working capital adjustments   6,703          
Consideration payable in cash (customary hold back liability)   0          
Consideration paid in promissory notes (fair value)   6,922          
Consideration paid in shares   1,594          
Contingent consideration liabilities - current portion   0          
Fair value of consideration   $ 15,219          
Apothecarium | Licensing Agreements              
Assets Acquired:              
Intangible assets         $ 8,600    
2022 Business Combinations              
Assets Acquired:              
Cash and cash equivalents 643   643        
Prepaids and other assets 310   310        
Accounts receivable, net 39   39        
Inventory 6,033   6,033        
Indemnification assets 5,734   5,734        
Property, plant and equipment 12,378   12,378        
Right-of-use assets - finance lease 6,931   6,931        
Right-of-use assets - operating lease 1,067   1,067        
Intangible assets 22,697   22,697        
Deposits 411   411        
Total assets acquired 56,243   56,243        
Liabilities Assumed:              
Accounts payable and accrued liabilities 1,081   1,081        
Finance lease obligations 7,377   7,377        
Operating lease obligations 1,067   1,067        
Deferred tax liabilities 7,801   7,801        
Uncertain tax positions 5,734   5,734        
Total liabilities assumed 23,060   23,060        
Net assets acquired 33,183   33,183        
Goodwill 32,308   32,308        
Total 65,491   65,491        
Consideration:              
Consideration paid in cash, net of working capital adjustments     21,621        
Consideration payable in cash (customary hold back liability)     932        
Consideration paid in promissory notes (fair value)     19,782        
Consideration paid in shares     15,167        
Contingent consideration liabilities - current portion $ 7,989   7,989        
Fair value of consideration     $ 65,491