Note 19 - Net Revenue

6 Months Ended

Nov. 30, 2022

Notes to Financial Statements

Revenue from Contract with Customer [Text Block]

Note 19. Net revenue

The Company reports its net revenue in four reporting segments: cannabis, distribution, beverage alcohol and wellness, in accordance with ASC 280 Segment Reporting.

Net revenue is comprised of:

	For the three months						For the six months
	ended November 30,						ended November 30,
	2022			2021			2022			2021
Cannabis revenue	$	66,696		$	73,429		$	142,385		$	163,362
Cannabis excise taxes		(16,798	)		(14,654	)		(33,917	)		(34,138	)
Net cannabis revenue		49,898			58,775			108,468			129,224
Beverage alcohol revenue		23,405			14,544			45,268			31,027
Beverage alcohol excise taxes		(2,010	)		(837	)		(3,219	)		(1,859	)
Net beverage alcohol revenue		21,395			13,707			42,049			29,168
Distribution revenue		60,188			68,869			120,773			136,055
Wellness revenue		12,655			13,802			26,057			28,729
Total	$	144,136		$	155,153		$	297,347		$	323,176