v3.21.1
BUSINESS COMBINATIONS AND ASSET ACQUISITIONS - Pennsylvania Acquisitions (Details) - USD ($)
Dec. 23, 2020
Nov. 18, 2020
LIABILITIES ASSUMED    
Deferred tax liabilities $ 4,469,630  
Pennsylvania Acquisitions    
Acquisition-date fair value of total consideration transferred [abstract]    
Cash 42,638,652  
Debt Payable 15,852,145  
Shares Issued 27,059,085  
Total Consideration 85,549,882  
ASSETS ACQUIRED    
Cash and cash equivalents 2,383,373  
Inventory 254,342  
Prepaid expenses, deposits, and other current assets 525,989  
Intangible assets 75,172,043  
Property, plant and equipment 21,660,209  
Right-of-use assets 11,131,990  
Deposits 204,132  
Total assets acquired at fair value 111,332,078  
LIABILITIES ASSUMED    
Trade payables 1,006,424  
Accrued liabilities 308,460  
Deferred tax liabilities 4,469,630  
Advance from related parties 8,040,804  
Lease obligations 11,170,076  
Debts payable 8,271,432  
Total liabilities assumed at fair value 33,266,826  
Goodwill 7,484,630  
Calculated purchase price 85,549,882  
Dochouse    
ASSETS ACQUIRED    
Intangible assets   $ 13,072,485
Property, plant and equipment   11,063,908
Total assets acquired at fair value   24,136,393
LIABILITIES ASSUMED    
Trade payables   290,512
Accrued liabilities   46,330
Advance from related parties   2,303,349
Total liabilities assumed at fair value   2,640,191
Calculated purchase price   $ 21,496,202
Canntech    
ASSETS ACQUIRED    
Cash and cash equivalents 2,383,373  
Inventory 254,342  
Prepaid expenses, deposits, and other current assets 525,989  
Intangible assets 62,099,558  
Property, plant and equipment 10,596,301  
Right-of-use assets 11,131,990  
Deposits 204,132  
Total assets acquired at fair value 87,195,685  
LIABILITIES ASSUMED    
Trade payables 715,912  
Accrued liabilities 262,130  
Deferred tax liabilities 4,469,630  
Advance from related parties 5,737,455  
Lease obligations 11,170,076  
Debts payable 8,271,432  
Total liabilities assumed at fair value 30,626,635  
Goodwill 7,484,630  
Calculated purchase price $ 64,053,680