v3.22.4
BUSINESS COMBINATIONS AND ASSET ACQUISITIONS - 2021 Third Quarter Acquisitions (Details)
EquityInstruments in Thousands, $ in Thousands
12 Months Ended
Feb. 15, 2022
USD ($)
EquityInstruments
Sep. 15, 2021
USD ($)
ft²
EquityInstruments
Dec. 31, 2022
USD ($)
Dec. 31, 2021
USD ($)
Oct. 04, 2021
EquityInstruments
Feb. 26, 2021
USD ($)
Feb. 26, 2021
EquityInstruments
Feb. 26, 2021
ft²
Feb. 26, 2021
a
Acquisition-date fair value of total consideration transferred                  
Purchase price     $ 2,849 $ 812          
Cultivauna Agreement                  
Acquisition-date fair value of total consideration transferred                  
Cash $ 11,027                
Shares Issued $ 4,482                
Shares Issued, shares | EquityInstruments 329       329        
Contingent Consideration $ 6,112                
Total 21,621                
Purchase price $ 21,621                
Trade name/brand                  
LIABILITIES ASSUMED                  
Useful life     5 years            
Host community agreements                  
LIABILITIES ASSUMED                  
Useful life     15 years            
Exchangeable Shares | Cultivauna Agreement                  
Acquisition-date fair value of total consideration transferred                  
Shares Issued, shares 329                
Purchase price $ 4,482                
Percentage of discount rate attributed to the contractual restrictions 14.85%                
Exchangeable Shares | Minimum | Cultivauna Agreement                  
Acquisition-date fair value of total consideration transferred                  
Lock-up provision 6 months                
Exchangeable Shares | Maximum | Cultivauna Agreement                  
Acquisition-date fair value of total consideration transferred                  
Lock-up provision 12 months                
Eskar Asset Acquisition                  
ASSETS ACQUIRED                  
Cash   $ 1,000              
Intangible assets - host community agreements   1,000              
Total assets acquired at fair value   1,000              
LIABILITIES ASSUMED                  
Consideration transferred   1,000              
Q3 2021                  
ASSETS ACQUIRED                  
Cash   580              
Inventory   3,237              
Prepaid expenses and other assets   67              
Intangible assets - trade name/brand   172,000              
Intangible assets - host community agreements   1,000              
Property, plant and equipment   30,699              
Right-of-use assets - operating   13,234              
Deposits   194              
Total assets acquired at fair value   221,011              
LIABILITIES ASSUMED                  
Trade payables   1,658              
Accrued liabilities   445              
Advance from related parties   22,750              
Lease liabilities - operating   13,026              
Debts payable   3,000              
Total liabilities assumed at fair value   40,879              
Goodwill   11,524              
Consideration transferred   191,656              
GSD Business Combination                  
Acquisition-date fair value of total consideration transferred                  
Cash   41,860              
Debt Payable   29,491              
Shares Issued   $ 29,744              
Shares Issued, shares | EquityInstruments   1,511              
Contingent Consideration   $ 89,561              
Total   $ 190,656              
Area of cultivation and production facilities | ft²   30,000              
Area of cultivation and production facilities under construction | ft²   75,000              
ASSETS ACQUIRED                  
Cash   $ 580              
Inventory   3,237              
Prepaid expenses and other assets   67              
Intangible assets - trade name/brand   172,000              
Property, plant and equipment   30,699              
Right-of-use assets - operating   13,234              
Deposits   194              
Total assets acquired at fair value   220,011              
LIABILITIES ASSUMED                  
Trade payables   1,658              
Accrued liabilities   445              
Advance from related parties   22,750              
Lease liabilities - operating   13,026              
Debts payable   3,000              
Total liabilities assumed at fair value   40,879              
Goodwill   11,524              
Consideration transferred   $ 190,656              
Useful life   15 years              
GSD Business Combination | Exchangeable Shares                  
Acquisition-date fair value of total consideration transferred                  
Percentage of discount rate attributed to the contractual restrictions   9.20%              
GSD Business Combination | Exchangeable Shares | Minimum                  
Acquisition-date fair value of total consideration transferred                  
Lock-up provision   4 months              
GSD Business Combination | Exchangeable Shares | Maximum                  
Acquisition-date fair value of total consideration transferred                  
Lock-up provision   12 months              
Liberty                  
Acquisition-date fair value of total consideration transferred                  
Shares Issued           $ 399,499      
Shares Issued, shares | EquityInstruments             12,671    
Total           406,344      
Purchase price           2,392      
Area of cultivation and production facilities               300,000 387
ASSETS ACQUIRED                  
Cash           6,650      
Inventory           46,842      
Prepaid expenses and other assets           818      
Property, plant and equipment           56,746      
Right-of-use assets - operating           11,750      
Right-of-use assets - finance, net           379      
Deposits           619      
Total assets acquired at fair value           393,804      
LIABILITIES ASSUMED                  
Trade payables           3,274      
Accrued liabilities           5,383      
Deferred tax liabilities           71,963      
Lease liabilities - operating           11,693      
Lease liabilities - finance           379      
Income tax payable           1,819      
Accrued interest           153      
Debts payable           7,479      
Total liabilities assumed at fair value           102,143      
Goodwill           114,683      
Consideration transferred           $ 406,344      
Liberty | Exchangeable Shares                  
Acquisition-date fair value of total consideration transferred                  
Shares Issued, shares | EquityInstruments             248