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CONSOLIDATED STATEMENTS OF (LOSS) INCOME AND COMPREHENSIVE (LOSS) INCOME - CAD ($)
$ in Thousands
12 Months Ended
Aug. 31, 2019
Aug. 31, 2018
REVENUES    
Gross revenue $ 97,547 $ 12,429
Excise taxes (17,134) 0
Net revenue 80,413 12,429
Cost of sales 37,788 5,525
Indirect production 4,733 1,289
Gross margin before fair value adjustments 37,892 5,615
Fair value changes to biological assets and changes in inventory sold 10,577 46,018
Gross margin 48,469 51,633
OPERATING EXPENSES    
General and administrative 18,593 5,552
Sales and marketing 14,625 5,437
Share-based compensation 9,151 4,228
Impairment of property, plant and equipment 613  
Total operating expenses 42,982 15,217
INCOME FROM OPERATIONS 5,487 36,416
Financing costs 9,668 10,094
Investment income (662) (1,455)
Share of loss from investments in associates 1,261  
Impairment of investments in associates 950  
Unrealized loss on changes in fair value of contingent consideration 145  
(Loss) income from continuing operations before tax (5,875) 27,777
Income tax expense Deferred, net 3,629 5,653
Net (loss) income from continuing operations (9,504) 22,124
Loss from discontinued operations (38) (1,611)
NET (LOSS) INCOME (9,542) 20,513
Other comprehensive loss Foreign currency translation loss, net of tax (43)  
COMPREHENSIVE (LOSS) INCOME $ (9,585) $ 20,513
Net (loss) income from continuing operations per common share, basic (in dollars per share) $ (0.067) $ 0.184
Net (loss) income from continuing operations per common share, diluted (in dollars per share) (0.067) 0.174
Net loss from discontinued operations per common share, basic (in dollars per share)   (0.013)
Net loss from discontinued operations per common share, diluted (in dollars per share)   (0.013)
Net (loss) income per common share, basic (in dollars per share) (0.068) 0.170
Net (loss) income per common share, diluted (in dollars per share) $ (0.068) $ 0.162