Annual reports filed by certain Canadian issuers pursuant to Section 15(d) and Rule 15d-4

GOODWILL AND INTANGIBLE ASSETS (Tables)

v3.22.1
GOODWILL AND INTANGIBLE ASSETS (Tables)
12 Months Ended
Dec. 31, 2021
GOODWILL AND INTANGIBLE ASSETS  
Schedule of goodwill

    

Total

As of January 1, 2020

$

54,948,360

Acquired through business combinations

 

3,015,000

As of December 31, 2020

$

57,963,360

Acquired through business combinations

 

171,946,202

As of December 31, 2021

$

229,909,562

Schedule of intangible assets

    

    

Right-to-use

Host community

  

Trade name /

    

  

    

Licenses/Permits

licenses

agreements

brand

 

Useful life (# of years)

    

15

    

15

    

15

    

5

    

Total

 

Cost

  

  

  

  

  

  

As of January 1, 2020

 

$

22,000,000

 

$

138,550,000

 

$

35,000,000

$

2,390,000

$

197,940,000

  

As of December 31, 2020

$

97,172,043

$

139,650,000

$

35,000,000

$

2,390,000

$

274,212,043

As of December 31, 2021

$

999,833,782

 

$

13,255,000

 

$

36,000,000

$

2,390,000

$

1,051,478,782

  

Accumulated Amortization

 

 

 

 

 

 

 

  

As of January 1, 2020

$

883,154

 

$

5,561,864

 

$

1,405,018

$

287,828

$

8,137,864

  

Amortization

 

1,668,503

 

 

9,236,666

 

 

2,333,333

 

478,000

 

13,716,502

  

As of December 31, 2020

$

2,551,657

$

14,798,530

$

3,738,351

$

765,828

$

21,854,366

Amortization

40,247,931

7,633,028

2,350,000

478,000

50,708,959

As of December 31, 2021

$

64,568,396

 

$

662,750

 

$

6,088,351

$

1,243,828

$

72,563,325

  

Net book value

 

 

 

 

 

 

 

  

As of January 1, 2020

$

21,116,846

$

132,988,136

$

33,594,982

$

2,102,172

$

189,802,136

As of December 31, 2020

$

94,620,386

 

$

124,851,470

 

$

31,261,649

$

1,624,172

$

252,357,677

  

As of December 31, 2021

$

935,265,386

 

$

12,592,250

 

$

29,911,649

$

1,146,172

$

978,915,457

  

Schedule of anticipated amortization expense

Amortization

    

2022

    

2023

    

2024

    

2025

    

2026

    

2027 and beyond

Expense

$

70,350,585

$

70,417,252

$

70,129,424

$

69,939,252

$

69,939,252

$

634,793,003