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Intangible assets and goodwill (Tables)
 12 Months Ended
Dec. 31, 2018
Disclosure Of Reconciliation Of Changes In Intangible Assets And Goodwill [Abstract]  
Schedule of Detailed Information of Intangible Assets

Intangible assets

Cost

As at

January 1, 2017

 

 

Additions

 

 

As at

December 31, 2017

 

 

Additions

 

 

As at

December 31, 2018

 

Software

$

-

 

 

$

-

 

 

$

-

 

 

$

360

 

 

$

360

 

Health Canada Licenses - OGBC

 

1,611

 

 

 

-

 

 

 

1,611

 

 

 

-

 

 

 

1,611

 

Health Canada Licenses - Peace Naturals

 

9,596

 

 

 

-

 

 

 

9,596

 

 

 

-

 

 

 

9,596

 

Israeli Code - Cronos Israel G.S. Cultivations Ltd. (i)

 

-

 

 

 

-

 

 

 

-

 

 

 

156

 

 

 

156

 

Israeli Code - Cronos Israel G.S. Manufacturing Ltd. (i)

 

-

 

 

 

-

 

 

 

-

 

 

 

218

 

 

 

218

 

 

$

11,207

 

 

$

-

 

 

$

11,207

 

 

$

734

 

 

$

11,941

 

 

(i)

Israeli Codes were transferred by non-controlling interests to Cronos Israel in exchange for their equity interests in the Cronos Israel entities specified above. Refer to Note 14. Thus, these capital contributions are considered non-cash additions and have been excluded from the consolidated statement of cash flows.

 

Accumulated amortization

As at

January 1, 2017

 

 

Additions

 

 

As at

December 31, 2017

 

 

Additions

 

 

As at

December 31, 2018

 

Software

$

-

 

 

$

-

 

 

$

-

 

 

$

73

 

 

$

73

 

Health Canada Licenses - OGBC

 

-

 

 

 

-

 

 

 

-

 

 

 

101

 

 

 

101

 

Health Canada Licenses - Peace Naturals

 

-

 

 

 

-

 

 

 

-

 

 

 

533

 

 

 

533

 

 

$

-

 

 

$

-

 

 

$

-

 

 

$

707

 

 

$

707

 

Net book value

$

11,207

 

 

 

 

 

 

$

11,207

 

 

 

 

 

 

$

11,234

 

 

(b)

Goodwill

 

 

As at

January 1, 2017

 

 

Additions

 

 

As at

December 31, 2017

 

 

Additions

 

 

As at

December 31, 2018

 

OGBC

$

392

 

 

$

-

 

 

$

392

 

 

$

-

 

 

$

392

 

Peace Naturals

 

1,400

 

 

 

-

 

 

 

1,400

 

 

 

-

 

 

 

1,400

 

 

$

1,792

 

 

$

-

 

 

$

1,792

 

 

$

-

 

 

$

1,792

 

 
Summary of Key Assumptions Used in Estimation of Receivable Amounts of CGU

 

OGBC

 

 

Peace Naturals

 

Weighted average cost of capital (after-tax)

12%

 

 

12%

 

Average growth rate*

0%

 

 

14%

 

 

* The average growth rate is the annualized average of the expected year-over-year growth rate (in EBITDA) over five years.