ACQUISITIONS (Tables)

12 Months Ended

Dec. 31, 2022

Business Combination and Asset Acquisition [Abstract]

Schedule of Business Acquisitions by Acquisition, Contingent Consideration

The table below represents the allocation of the purchase price to the acquired net assets during the year ended December 31, 2022.

	HRG		STL		Total
Inventory	$	4,170	$	279	$	4,449
Prepaids and other current assets	76		10		86
Furniture and equipment	148		—		148
Operating lease right of use asset	666		—		666
Operating lease liability	(666)		—		(666)
Customer relationships	2,430		—		2,430
Trademark	496		—		496
Non-compete	255		—		255
Goodwill	5,816		135		5,951
Total	$	13,391	$	424	$	13,815

The table below represents the consideration paid for the net assets acquired in business combinations.

	HRG		STL		Total
Cash	$	6,806	$	424	$	7,230
Indemnity stock holdback	875		—		875
Common stock	5,710		—		5,710
Total	$	13,391	$	424	$	13,815

The table below represents the allocation of the purchase price to the acquired net assets during the year ended December 31, 2021:

	Agron		Aquarius		55 Hydro		Charcoir		San Diego Hydro		Grow Warehouse		Grow Depot Maine		Indoor Garden		Downriver
Inventory	$	—	$	957	$	780	$	839	$	1,400	$	2,450	$	326	$	372	$	824
Prepaids and other current assets	46		12		29		534		36		30		3		—		3
Furniture and equipment	29		63		50		—		315		250		25		94		50
Liabilities	—		—		—		—		—		(169)		—		—		—
Operating lease right of use asset	98		108		861		—		1,079		641		92		137		273
Operating lease liability	(98)		(108)		(861)		—		(1,079)		(641)		(92)		(137)		(273)
Customer relationships	832		339		809		5,712		605		1,256		549		210		634
Trade name	1,530		485		870		1,099		1,192		2,748		344		353		698
Non-compete	139		—		26		—		6		94		36		2		16
Intellectual property	—		—		—		2,065		—		—		—		—		—
Goodwill	8,673		1,702		3,915		6,119		5,728		11,120		866		661		2,126
Total	$	11,249	$	3,558	$	6,479	$	16,368	$	9,282	$	17,779	$	2,149	$	1,692	$	4,351

	Harvest		Aquaserene	Mendocino	CGS		Hoagtech	All Seasons	MMI		Total
Inventory	$	1,204	1,696	753	875		751	100	3,530		$	16,857
Prepaids and other current assets	7		2	1	1		37	1	—		742
Furniture and equipment	100		500	160	100		144	25	328		2,233
Liabilities	—		—	—	—		(29)	—	(250)		(448)
Operating lease right of use asset	3,782		1,177	408	746		1,569	37	2,332		13,340
Operating lease liability	(3,782)		(1,177)	(408)	(746)		(1,569)	(37)	(2,332)		(13,340)
Customer relationships	1,016		1,235	575	1,382		493	154	2,964		18,765
Trade name	1,392		1,231	414	852		428	117	1,039		14,792
Non-compete	—		11	6	11		3	—	238		588
Intellectual property	—		—	—	—		—	—	—		2,065
Goodwill	4,606		6,976	2,091	4,027		2,105	545	1,202		62,462
Total	$	8,325	11,651	4,000	$	7,248	3,932	942	$	9,051	$	118,056

The table below represents the consideration paid for the net assets acquired in business combinations during 2021:

	Agron		Aquarius		55 Hydro		Charcoir		San Diego Hydro		Grow Warehouse		Grow Depot Maine		Indoor Garden		Downriver
Cash	$	5,973	$	2,331	$	5,347	$	9,902	$	4,751	$	8,100	$	1,738	$	1,165	$	3,177
Common stock	5,276		1,227		1,132		6,466		4,531		9,679		411		527		1,174
Total	$	11,249	$	3,558	$	6,479	$	16,368	$	9,282	$	17,779	$	2,149	$	1,692	$	4,351

	Harvest		Aquaserene		Mendocino		CGS		Hoagtech		All Seasons		MMI		Total
Cash	$	5,561	$	9,860	$	4,000	$	5,976	$	3,932	$	701	$	8,270	$	80,784
Common stock	2,764		1,791		—		1,272		—		241		781		37,272
Total	$	8,325	$	11,651	$	4,000	$	7,248	$	3,932	$	942	$	9,051	$	118,056

The table below represents the allocation of the purchase price to the acquired net assets during the year ended December 31, 2020:

	Canopy		Grassroots		GrowBiz		BGT		Hydro Depot		Emerald City		H2O Hydro		Health & Harvest		Total
Inventory	$	899	$	2,348	$	6,286	$	1,595	$	333	$	150	$	498	$	1,054	$	13,163
Prepaids and other current assets	—		—		—		—		—		—		4		—		4
Building	—		—		—		477		—		—		—		—		477
Furniture and equipment	—		150		200		250		25		10		50		51		736
Operating lease right to use asset	—		1,437		3,641		246		—		140		906		324		6,694
Operating lease liability	—		(1,437)		(3,641)		(246)		—		(140)		(906)		(324)		(6,694)
Customer relationships	2,274		768		1,969		634		148		212		150		255		6,410
Trade name	1,094		2,140		7,483		1,953		212		—		234		357		13,473
Non-compete	113		133		372		96		19		14		43		6		796
Goodwill	4,860		4,461		28,476		4,039		799		614		1,008		1,131		45,388
Total	$	9,240	$	10,000	$	44,786	$	9,044	$	1,536	$	1,000	$	1,987	$	2,854	$	80,447

The table below represents the consideration paid for the net assets acquired in business combinations during 2020:

	Canopy		Grassroots		GrowBiz		BGT		Hydro Depot		Emerald City		H2O Hydro		Health & Harvest		Total
Cash	$	5,424	$	7,499	$	17,487	$	5,972	$	988	$	1,000	$	1,282	$	1,750	$	41,402
Common stock	3,816		2,501		27,299		3,072		548		—		705		1,104		39,045
Total	$	9,240	$	10,000	$	44,786	$	9,044	$	1,536	$	1,000	$	1,987	$	2,854	$	80,447

Schedule of revenue and earnings included in consolidated income statement

The following table discloses the date of the acquisition noted above and the revenue and earnings included in the Consolidated Statement of Operations for the year ended December 31, 2022. Revenue and earnings amounts include other proprietary brands now being included under HRG for operations.

	HRG		STL		Total
Acquisition date	February 1, 2022		November 3, 2022
Revenue	$	19,239	$	178	$	19,417
Net Income (loss)	$	(629)	$	41	$	(588)

The following table discloses the date of the acquisitions noted above and the revenue and earnings included in the consolidated income statement from the date of acquisition to the period ended December 31, 2021.

	Agron		Aquarius		55 Hydro		Charcoir		San Diego Hydro		Grow Warehouse LLC		Grow Depot Maine		Indoor Garden		Downriver
Acquisition date	3/19/2021		3/15/2021		3/15/2021		3/12/2021		2/22/2021		2/15/2021		2/1/2021		1/25/2021		3/31/2021
Revenue	$	14,403	$	9,640	$	6,017	$	6,840	$	7,173	$	13,147	$	6,655	$	6,265	$	3,663
Net Income (loss)	$	(305)	$	1,679	$	399	$	1,039	$	906	$	2,175	$	1,132	$	1,088	$	297

	Harvest		Aquaserene		Mendocino		CGS		Hoagtech		All Seasons		MMI		Total
Acquisition date	5/3/21		7/19/21		7/19/21		8/24/21		8/23/21		10/15/21		12/31/21
Revenue	$	6,706	$	2,742	$	1,455	$	1,534	$	1,564	$	187	$	—	$	87,991
Net Income (loss)	$	924	$	445	$	106	$	15	$	141	$	52	$	—	$	10,093

The following table discloses the date of the acquisitions noted above and the revenue and earnings included in the consolidated income statement from the date of acquisition to the period ended December 31, 2020:

	Canopy		Grassroots		GrowBiz		BGT		Hydro Depot		Emerald City		H2O Hydro		Health & Harvest		Total
Acquisition date	12/23/2020		12/14/2020		11/17/2020		10/20/2020		10/12/2020		8/10/2020		6/16/2020		2/26/2020
Revenue	$	301	$	532	$	3,852	$	1,859	$	1,245	$	5,635	$	2,418	$	8,995	$	24,837
Net Income	$	141	$	74	$	736	$	188	$	149	$	1,005	$	562	$	1,066	$	3,921

Business Acquisition, Pro Forma Information

The following represents the pro forma consolidated income statement as if the acquisitions had been included in the consolidated results of the Company for the entire period for the years ended December 31, 2022, 2021, and 2020.

	December 31, 2022 (Unaudited)		December 31, 2021 (Unaudited)		December 31, 2020 (Unaudited)
Revenue	$	280,897	$	441,906	$	212,782
Net income (loss)	$	(162,156)	$	12,198	$	4,740

The following represents the pro forma consolidated income statement as if the acquisitions had been included in the consolidated results of the Company for the entire period for the years ended December 31, 2021 and 2020.

	December 31, 2021 (Unaudited)		December 31, 2020 (Unaudited)
Revenue	$	452,126	$	310,947
Net income	$	13,511	$	18,480

The following represents the pro forma consolidated income statement as if the acquisitions had been included in the consolidated results of the Company for the entire period for the year ended December 31, 2020.

	December 31, 2020 (Unaudited)
Revenue	$	309,486
Earnings	$	18,308