Revenue

6 Months Ended

Sep. 30, 2022

Revenue From Contract With Customer [Abstract]

Revenue

22. REVENUE

Revenue is disaggregated as follows:

	Three months ended				Six months ended
	September 30,		September 30,		September 30,		September 30,
	2022		2021		2022		2021
Canada cannabis
Canadian recreational cannabis
Business-to-business1	$	25,317	$	41,927	$	51,857	$	84,620
Business-to-consumer		12,772		16,652		25,207		33,996
		38,089		58,579		77,064		118,616
Canadian medical cannabis2		14,215		13,093		27,655		26,585
	$	52,304	$	71,672	$	104,719	$	145,201
Rest-of-world cannabis
C3		-		11,887		-		23,330
Other rest-of-world cannabis3		10,552		11,766		24,333		19,733
	$	10,552	$	23,653	$	24,333	$	43,063
Storz & Bickel	$	13,494	$	14,511	$	29,137	$	38,581
BioSteel4	$	29,922	$	7,512	$	47,810	$	14,173
This Works	$	6,868	$	9,027	$	12,388	$	15,578
Other		4,723		4,999		9,591		10,987
Net revenue	$	117,863	$	131,374	$	227,978	$	267,583

1Canadian recreational business-to-business net revenue during the three and six months ended September 30, 2022 reflects excise taxes of $11,366 and $22,957, respectively (three and six months ended September 30, 2021 – $12,913 and $30,747, respectively).

2Canadian medical cannabis net revenue for the three and six months ended September 30, 2022 reflects excise taxes of $1,130 and $2,286, respectively (three and six months ended September 30, 2021 – $1,361 and $2,741, respectively).

The Company recognizes variable consideration related to estimated future product returns and price adjustments as a reduction of the transaction price at the time revenue for the corresponding product sale is recognized. Net revenue reflects actual returns and variable consideration related to estimated returns and price adjustments in the amount of $3,578 and $6,476 for the three and six months ended September 30, 2022, respectively (three and six months ended September 30, 2021 – $3,335 and $8,649, respectively). As of September 30, 2022, the liability for estimated returns and price adjustments was $2,371 (March 31, 2022 – $3,437).