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, 2023
Dec. 31, 2022
Dec. 31, 2021
Liabilities Assumed:            
Goodwill       $ 30,910 $ 38,239 $ 45,828
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