| Schedule Of Acquisitions |
|
|
The Hacienda |
|
|
Lowell Farm |
|
|
|
|
(in thousands) |
|
Company, LLC |
|
|
Services |
|
|
Total |
|
CONSIDERATION |
|
|
|
|
|
|
|
|
|
Cash |
|
$ |
4,019 |
|
|
$ |
- |
|
|
$ |
4,019 |
|
Transaction costs |
|
|
428 |
|
|
|
190 |
|
|
|
618 |
|
Note payable and other obligations |
|
|
3,115 |
|
|
|
9,000 |
|
|
|
12,115 |
|
Fair value of subordinate voting shares |
|
|
34,358 |
|
|
|
9,610 |
|
|
|
43,968 |
|
Total consideration |
|
$ |
41,920 |
|
|
$ |
18,800 |
|
|
$ |
60,720 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
PURCHASE PRICE ALLOCATION |
|
|
|
|
|
|
|
|
|
|
|
|
Assets Acquired |
|
|
|
|
|
|
|
|
|
|
|
|
Inventories |
|
$ |
3,300 |
|
|
$ |
- |
|
|
$ |
3,300 |
|
Accounts receivable - net |
|
|
1,312 |
|
|
|
- |
|
|
|
1,312 |
|
Land |
|
|
- |
|
|
|
8,261 |
|
|
|
8,261 |
|
Buildings |
|
|
- |
|
|
|
6,268 |
|
|
|
6,268 |
|
Equipment |
|
|
- |
|
|
|
1,221 |
|
|
|
1,221 |
|
Other tangible assets |
|
|
739 |
|
|
|
- |
|
|
|
739 |
|
Intangible assets - brands and tradenames |
|
|
37,299 |
|
|
|
- |
|
|
|
37,299 |
|
Intangible assets - technology and know-how and other |
|
|
- |
|
|
|
3,050 |
|
|
|
3,050 |
|
Liabilities assumed |
|
|
|
|
|
|
|
|
|
|
|
|
Payables and other liabilities |
|
|
(730 |
) |
|
|
- |
|
|
|
(730 |
) |
Fair value of net assets acquired |
|
$ |
41,920 |
|
|
$ |
18,800 |
|
|
$ |
60,720 |
|
|
|
|
(1) |
|
|
(2) |
|
|
(3) |
|
|
(4) |
|
|
|
|
|
|
|
|
|
The Humble |
|
|
The Hacienda |
|
|
Lowell Farm |
|
|
|
|
(in thousands) |
|
Kaizen Inc. |
|
|
Flower Co. |
|
|
Company, LLC |
|
|
Services |
|
|
Total |
|
CONSIDERATION |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Contingent Payment |
|
$ |
50 |
|
|
$ |
44 |
|
|
$ |
- |
|
|
$ |
- |
|
|
$ |
94 |
|
Cash |
|
|
|
|
|
|
|
|
|
|
4,019 |
|
|
|
- |
|
|
|
4,019 |
|
Transaction costs |
|
|
|
|
|
|
|
|
|
|
428 |
|
|
|
190 |
|
|
|
618 |
|
Note payable and other obligations |
|
|
200 |
|
|
|
65 |
|
|
|
3,115 |
|
|
|
9,000 |
|
|
|
12,380 |
|
Fair value of subordinate voting shares |
|
|
62 |
|
|
|
55 |
|
|
|
34,358 |
|
|
|
9,610 |
|
|
|
44,085 |
|
Total consideration |
|
$ |
312 |
|
|
$ |
164 |
|
|
$ |
41,920 |
|
|
$ |
18,800 |
|
|
$ |
61,196 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
PURCHASE PRICE ALLOCATION |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Assets Acquired |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Inventories |
|
$ |
- |
|
|
$ |
6 |
|
|
$ |
3,300 |
|
|
$ |
- |
|
|
$ |
3,306 |
|
Accounts receivable - net |
|
|
- |
|
|
|
- |
|
|
|
1,312 |
|
|
|
- |
|
|
|
1,312 |
|
Land |
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
8,261 |
|
|
|
8,261 |
|
Buildings |
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
6,268 |
|
|
|
6,268 |
|
Equipment |
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
1,221 |
|
|
|
1,221 |
|
Other tangible assets |
|
|
- |
|
|
|
- |
|
|
|
739 |
|
|
|
|
|
|
|
739 |
|
Intangible assets - brands and tradenames |
|
|
250 |
|
|
|
158 |
|
|
|
37,299 |
|
|
|
- |
|
|
|
37,707 |
|
Intangible assets - technology and know-how and other |
|
|
208 |
|
|
|
- |
|
|
|
- |
|
|
|
3,050 |
|
|
|
3,258 |
|
Liabilities assumed |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Payables and other liabilities |
|
|
- |
|
|
|
- |
|
|
|
(730 |
) |
|
|
- |
|
|
|
(730 |
) |
Fair value of net assets acquired |
|
$ |
458 |
|
|
$ |
164 |
|
|
$ |
41,920 |
|
|
$ |
18,800 |
|
|
$ |
61,342 |
|
|