The following table outlines changes in other financial assets. Additional details on how the fair value of significant investments is calculated are included in Note 21.


									Foreign
		Balance at							currency					Balance at
		March 31,				Fair value			translation					September 30,
Entity	Instrument	2022		Additions		changes			adjustments		Other			2022
Acreage1	Option	$	-	$	-	$	72,000		$	-	$	-		$	72,000
TerrAscend Exchangeable Shares	Exchangeable shares		229,000		-		(175,500	)		-		-			53,500
TerrAscend Canada - October 2019	Term loan / debenture		10,280		-		(220	)		-		-			10,060
TerrAscend Canada - March 2020	Term loan / debenture		49,890		-		(4,870	)		-		-			45,020
Arise Bioscience	Term loan / debenture		13,343		-		(1,584	)		1,268		-			13,027
TerrAscend - October 2019	Warrants		3,730		-		(3,510	)		-		-			220
TerrAscend - March 2020	Warrants		60,740		-		(55,390	)		-		-			5,350
TerrAscend - December 2020	Warrants		3,460		-		(3,020	)		-		-			440
TerrAscend	Option		6,300		-		(4,850	)		-		-			1,450
Wana	Option		372,343		-		(119,161	)		27,989		-			281,171
Jetty	Options		-		90,120		388			6,986		-			97,494
Acreage Hempco1	Debenture		28,824		-		(1,769	)		2,885		(4,218	)		25,722
Other - at fair value through net income (loss)	Various		10,396		-		(3,454	)		662		-			7,604
Other - classified as held for investment	Loan receivable		12,022		-		-			-		(21	)		12,001
		$	800,328	$	90,120	$	(300,940	)	$	39,790	$	(4,239	)	$	625,059

1 See Note 26 for information regarding the Acreage Arrangement and Acreage Hempco.

2 See Note 28 for information regarding the Reorganization. Following the implementation of the Reorganization, Canopy USA, as of October 24, 2022, holds an ownership interest in the U.S. cannabis investments previously held by the Company, including, among others, interests in Acreage, Wana, Jetty, and TerrAscend.

On May 17, 2022, the Company and Lemurian, Inc. (“Jetty”) entered into definitive agreements (the “Jetty Agreements”) providing the Company with the right to acquire up to 100% of the outstanding equity interests in Jetty (i) upon the occurrence of changes in U.S. federal law to permit the general cultivation, distribution, and possession of marijuana, or to remove the regulation of such activities from the federal laws of the United States; or (ii) an earlier date at the Company’s sole discretion (the “Jetty Triggering Event”).

The Jetty Agreements are structured as two separate option agreements whereby the Company has the right to acquire up to 100% of the equity interests in Jetty. As consideration for entering into the Jetty Agreements, the Company (i) made an upfront cash payment in the amount of $29,226 (US$22,911), and (ii) issued 8,426,539 common shares with a fair value on closing of $59,123 (US$45,928), for total consideration of $88,349 (collectively, the “Upfront Payment”).

The first option agreement is exercisable in two tranches, with the first tranche providing the Company with the option to acquire 52.78% of Jetty’s equity interests, exercisable following the occurrence of the Jetty Triggering Event. The second tranche provides the Company with the option to acquire 25% of Jetty’s equity interests for their fair market value, subject to certain adjustments. Additionally, the Company expects to make deferred payments (the “Deferred Payments”) computed based on a pre-determined contractual formula. The second option agreement provides the Company with the option to acquire 22.22% of Jetty’s equity interests, exercisable following the occurrence of the Jetty Triggering Event.

Upon initial recognition, the Company estimated the fair value of the Jetty financial instrument to be $90,120, consisting of (i) the Upfront Payment as noted above; and (ii) the present value of the estimated Deferred Payments.

At September 30, 2022, the estimated fair value of the Jetty financial instrument was $97,494, with the change in estimated fair value from initial recognition recorded in other income (expense), net. See Note 21 for additional details on how the fair value of the Jetty financial instrument is calculated on a recurring basis.

See Note 28 for information regarding the Company's strategic transactions in connection with the creation of a new U.S.-domiciled holding company, Canopy USA, LLC ("Canopy USA") (the "Reorganization"). Following the implementation of the Reorganization, Canopy USA, as of October 24, 2022, holds the U.S. cannabis investments previously held by the Company, which is expected to enable Canopy USA, following, among other things, the Meeting (as defined below), to exercise its rights to acquire Acreage Holdings, Inc. ("Acreage"), Mountain High Products, LLC, Wana Wellness, LLC and The Cima Group, LLC (collectively, "Wana"), and Jetty.

Until such time as the Company or Canopy USA (as applicable) elects to exercise its rights to acquire Jetty and the Company converts the Non-Voting Shares (as defined below) into common shares of Canopy USA, the Company will have no direct or indirect economic or voting interests in Jetty, the Company will not directly or indirectly control Jetty, and the Company and Jetty will continue to operate independently of one another.