v3.21.1
BUSINESS COMBINATIONS AND ASSET ACQUISITIONS - Qualifying Transaction (Details) - USD ($)
Dec. 23, 2020
Nov. 10, 2020
May 24, 2019
LIABILITIES ASSUMED      
Deferred tax liabilities $ 4,469,630    
Qualifying Transaction      
Acquisition-date fair value of total consideration transferred [abstract]      
Cash     $ 76,420,000
Debt Payable     37,140,000
Shares Issued     125,421,479
Other     31,471,789
Total Consideration     270,453,268
ASSETS ACQUIRED      
Cash and cash equivalents     1,705,829
Accounts receivable     1,312,911
Inventory     19,012,763
Biological assets     3,760,158
Prepaid expenses and other assets     726,810
Intangible assets     197,940,000
Property, plant and equipment     21,504,989
Right-of-use assets     11,310,784
Due from related parties     784,733
Deposits     340,955
Total assets acquired at fair value     258,399,932
LIABILITIES ASSUMED      
Trade payables     1,620,595
Accrued liabilities     2,814,343
Deferred tax liabilities     44,970,332
Advance from related parties     972,542
Lease obligations     12,671,166
Debts payable     9,734,990
Total liabilities assumed at fair value     72,783,968
Goodwill     84,837,304
Calculated purchase price     270,453,268
LivFree Acquisition      
Acquisition-date fair value of total consideration transferred [abstract]      
Cash     29,500,000
Debt Payable     20,000,000
Shares Issued     73,525,577
Total Consideration     123,240,807
ASSETS ACQUIRED      
Cash and cash equivalents     1,258,928
Inventory     2,670,057
Prepaid expenses and other assets     96,157
Intangible assets     105,000,000
Property, plant and equipment     1,640,418
Right-of-use assets     2,894,076
Deposits     90,147
Total assets acquired at fair value     113,649,783
LIABILITIES ASSUMED      
Trade payables     387,500
Accrued liabilities     1,176,088
Deferred tax liabilities     25,796,726
Advance from related parties     187,809
Lease obligations     2,520,437
Debts payable     120,000
Total liabilities assumed at fair value     30,188,560
Goodwill     39,779,584
Calculated purchase price     123,240,807
Sira Acquisition      
Acquisition-date fair value of total consideration transferred [abstract]      
Cash     17,500,000
Debt Payable     5,000,000
Shares Issued     29,200,000
Total Consideration     79,173,075
ASSETS ACQUIRED      
Cash and cash equivalents     270,280
Accounts receivable     600,151
Inventory     9,671,814
Biological assets     1,996,642
Prepaid expenses and other assets     340,428
Intangible assets     57,000,000
Property, plant and equipment     9,090,090
Right-of-use assets     5,239,201
Deposits     149,251
Total assets acquired at fair value     84,357,857
LIABILITIES ASSUMED      
Trade payables     475,193
Accrued liabilities     970,418
Deferred tax liabilities     13,611,222
Lease obligations     6,514,038
Debts payable   $ 13,053 13,054
Total liabilities assumed at fair value     21,583,925
Goodwill     16,399,143
Calculated purchase price     79,173,075
CannaPunch Acquisition      
Acquisition-date fair value of total consideration transferred [abstract]      
Cash     750,000
Debt Payable     2,000,000
Shares Issued     14,120,986
Total Consideration     17,202,798
ASSETS ACQUIRED      
Cash and cash equivalents     7,233
Accounts receivable     625,143
Inventory     552,040
Intangible assets     2,390,000
Property, plant and equipment     486,100
Right-of-use assets     1,119,826
Total assets acquired at fair value     5,180,342
LIABILITIES ASSUMED      
Trade payables     251,829
Accrued liabilities     46,972
Deferred tax liabilities     567,507
Lease obligations     1,083,189
Total liabilities assumed at fair value     1,949,497
Goodwill     13,971,953
Calculated purchase price     17,202,798
Washoe Acquisition      
Acquisition-date fair value of total consideration transferred [abstract]      
Cash     21,670,000
Debt Payable     5,640,000
Shares Issued     4,300,000
Total Consideration     33,860,912
ASSETS ACQUIRED      
Cash and cash equivalents     21,458
Accounts receivable     87,617
Inventory     4,500,213
Biological assets     1,763,516
Prepaid expenses and other assets     129,477
Intangible assets     22,800,000
Property, plant and equipment     9,070,645
Deposits     91,574
Total assets acquired at fair value     38,464,500
LIABILITIES ASSUMED      
Trade payables     506,073
Accrued liabilities     100,412
Deferred tax liabilities     2,153,131
Advance from related parties     784,733
Debts payable     9,180,808
Total liabilities assumed at fair value     12,725,157
Goodwill     8,121,569
Calculated purchase price     33,860,912
Canopy Acquisition      
Acquisition-date fair value of total consideration transferred [abstract]      
Cash     7,000,000
Debt Payable     4,500,000
Shares Issued     4,349,003
Total Consideration     16,975,676
ASSETS ACQUIRED      
Cash and cash equivalents     147,930
Inventory     1,618,639
Prepaid expenses and other assets     160,748
Intangible assets     10,750,000
Property, plant and equipment     1,217,736
Right-of-use assets     2,057,681
Due from related parties     784,733
Deposits     9,983
Total assets acquired at fair value     16,747,450
LIABILITIES ASSUMED      
Accrued liabilities     520,453
Deferred tax liabilities     2,841,746
Lease obligations     2,553,502
Debts payable     421,128
Total liabilities assumed at fair value     6,336,829
Goodwill     6,565,055
Calculated purchase price     $ 16,975,676