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CONSOLIDATED STATEMENTS OF LOSS AND COMPREHENSIVE LOSS - CAD ($)
$ in Thousands
12 Months Ended
Aug. 31, 2020
Aug. 31, 2019
REVENUES    
Gross revenue $ 103,387 $ 97,547
Excise taxes (16,592) (17,134)
Net revenue 86,795 80,413
Cost of sales 105,004 42,521
Gross margin before fair value adjustments (18,209) 37,892
Fair value changes to biological assets and changes in inventory sold (38,281) 10,577
Gross margin (56,490) 48,469
OPERATING EXPENSES    
General and administrative 27,996 18,593
Sales and marketing 16,528 14,625
Share- based compensation 4,725 9,151
Impairment of property, plant and equipment 39,771 613
Total operating expenses 89,020 42,982
(LOSS) INCOME FROM OPERATIONS (145,510) 5,487
Financing costs 6,008 9,668
Investment income (308) (662)
Government subsidies (7,883)  
Share of loss from investments in associates 1,187 1,261
Impairment of investments in associates 3,000 950
Unrealized (gain) on changes in fair value of contingent consideration (886) 145
Loss from continuing operations before tax (146,628) (5,875)
Income tax (recovery) expense Deferred, net (10,471) 3,629
Net loss from continuing operations (136,157) (9,504)
Loss from discontinued operations   (38)
NET LOSS (136,157) (9,542)
Other comprehensive gain (loss) Foreign currency translation gain (loss), net of tax 94 (43)
COMPREHENSIVE LOSS $ (136,063) $ (9,585)
Net loss from continuing operations per common share, basic (in dollars per share) $ (0.789) $ (0.067)
Net loss from continuing operations per common share, diluted (in dollars per share) (0.789) (0.067)
Net loss from discontinued operations per common share, basic (in dollars per share) 0 0
Net loss from discontinued operations per common share, diluted (in dollars per share) 0 0
Net loss per common share, basic (in dollars per share) (0.789) (0.068)
Net loss per common share, diluted (in dollars per share) $ (0.789) $ (0.068)