Business Segment Information (Tables)

9 Months Ended

Sep. 30, 2020

Segment Reporting [Abstract]

Summary of Revenue and Gross Profit

The results of each segment are regularly reviewed by the Company’s Chief Executive Officer, who is the Company’s chief operating decision maker, to assess the performance of the segment and make decisions regarding the allocation of resources. The Company’s chief operating decision maker uses revenue and gross profit as the measure of segment profit or loss. The accounting policies of each segment are the same as those set out under the summary of significant accounting policies in Note 1. There are no intersegment sales or transfers.

The comparative three and nine months ended September 30, 2019 have been recast to reflect to the current segment structure.

	Three months ended September 30,									Nine months ended September 30,
	2020					2019				2020					2019
	Revenue		Gross profit / (loss)			Revenue		Gross profit		Revenue		Gross profit / (loss)			Revenue		Gross profit
Cannabis	$	31,426	$	(4,717	)	$	35,451	$	9,225	$	92,373	$	(13,863	)	$	78,876	$	16,213
Hemp	$	19,980	$	8,456		$	15,650	$	6,628	$	61,549	$	23,053		$	41,167	$	17,298
Total	$	51,406	$	3,739		$	51,101	$	15,853	$	153,922	$	9,190		$	120,043	$	33,511

No asset information is provided for the segments because the Company’s chief operating decision maker does not review this information by segment on a regular basis.

Total revenue and gross profit for the reportable segments is equal to the Company’s consolidated revenue and gross profit.

	Three months ended September 30,						Nine months ended September 30,
	2020			2019			2020			2019
Gross profit for the segments	$	3,739		$	15,853		$	9,190		$	33,511
General and administrative expenses		12,665			20,122			49,030			49,618
Sales and marketing expenses		10,000			16,974			40,709			39,161
Research and development expenses		921			2,315			2,831			4,891
Depreciation and amortization expenses		3,425			3,200			10,353			7,457
Stock-based compensation expenses		8,080			8,644			23,404			22,303
Impairment of assets		—			—			58,210			—
Acquisition-related expenses (income), net		—			(13,454	)		—			(6,566	)
Loss from equity method investments		1,420			1,837			4,495			1,837
Foreign exchange (gain) loss, net		(9,319	)		2,585			5,424			1,153
Change in fair value of warrant liability		(31,913	)		—			51,275			—
Interest expenses, net		10,437			8,680			30,147			26,005
Finance income from ABG		—			(210	)		—			(557	)
Other expense (income), net		(38	)		(1,116	)		4,944			(6,185	)
Loss before income taxes	$	(1,939	)	$	(33,724	)	$	(271,632	)	$	(105,606	)

Sources of revenue were as follows:

	Three months ended September 30,				Nine months ended September 30,
	2020		2019		2020		2019
Dried cannabis	$	21,079	$	29,412	$	61,339	$	62,214
Cannabis extracts		10,239		5,819		30,246		16,172
Hemp products		19,980		15,650		61,549		41,167
Accessories and other		108		220		788		490
Total	$	51,406	$	51,101	$	153,922	$	120,043

Channels of revenue were as follows:

	Three months ended September 30,				Nine months ended September 30,
	2020		2019		2020		2019
Cannabis
Adult-use	$	19,926	$	15,835	$	58,466	$	38,758
Canada - medical		3,399		3,898		11,285		9,222
International - medical		8,101		5,708		22,220		9,370
Bulk		—		10,010		402		21,526
Total Cannabis revenue	$	31,426	$	35,451	$	92,373	$	78,876
Hemp		19,980		15,650		61,549		41,167
Total	$	51,406	$	51,101	$	153,922	$	120,043

Summary of Revenue Attributed to a Geographic Region Based on the Location of the Customer

Revenue attributed to geographic region based on the location of the customer was as follows:

	Three months ended September 30,				Nine months ended September 30,
	2020		2019		2020		2019
Canada	$	29,475	$	33,585	$	86,807	$	81,138
United States		13,340		10,836		43,851		28,407
Other countries		8,591		6,680		23,264		10,498
Total	$	51,406	$	51,101	$	153,922	$	120,043

Summary of Long-lived Assets Consisting of Property and Equipment, Net of Accumulated Depreciation, Attributed to Geographic Regions Based on their Physical Location

Long-lived assets consisting of property and equipment, net of accumulated depreciation, attributed to geographic regions based on their physical location were as follows:

	September 30, 2020		December 31, 2019
Canada	$	115,711	$	144,065
Portugal		67,198		36,908
United States		4,659		3,171
Other countries		62		73
Total	$	187,630	$	184,217