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Consolidated Statements of Cash Flows - CAD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Operating activities    
Net income (loss) $ (19,205) $ 2,491
Items not affecting cash:    
Unrealized change in fair value of biological assets (11,568) (7,637)
Realized fair value adjustments on inventory sold in the year 8,349 2,449
Share-based payments 4,238 1,862
Depreciation and amortization 2,510 996
Share of loss (income) from investments in equity accounted investees 936 (165)
Gain on other investments (221) (4,858)
Deferred income tax expense 489 298
Foreign exchange gain (11)  
Net changes in non-cash working capital 4,744 (984)
Cash flows used in operating activities (9,739) (5,548)
Investing activities    
Repayment of purchase price liability   (2,590)
Investments in equity accounted investees (621) (1,076)
Investment in ABcann Global Corporation   (1,016)
Proceeds from sale of other investments 967 10,879
Payment to exercise ABcann Global Corporation warrants (113) (2,268)
Advances to joint ventures (6,941) 0
Purchase of property, plant and equipment (114,407) (42,701)
Purchase of intangible assets (360)  
Cash flows used in investing activities (121,475) (38,772)
Financing activities    
Proceeds from exercise of warrants 2,800 1,624
Payments from share appreciation rights (21)  
Proceeds from exercise of options 584 591
Proceeds from share issuance 146,032 49,594
Share issuance costs (9,577) (2,767)
Proceeds from construction loan payable 15,007 6,304
Payment of accrued interest on construction loan payable (185)  
Repayment of mortgage payable   (4,000)
Transaction costs paid on construction loan payable   (1,282)
Cash flows provided by financing activities 154,640 50,064
Net change in cash 23,426 5,744
Cash - beginning of year 9,208 3,464
Cash - end of year 32,634 9,208
Supplemental cash flow information    
Interest paid $ 870 200
Interest received   $ 22