Asset Impairment and Restructuring Costs	6 Months Ended
Sep. 30, 2022
Restructuring And Related Activities [Abstract]
Asset Impairment and Restructuring Costs	3. ASSET IMPAIRMENT AND RESTRUCTURING COSTS In the three months ended June 30, 2022, the Company performed a quantitative goodwill impairment assessment for the cannabis operations reporting unit in the global cannabis segment, and recognized impairment losses totaling $1,725,368. Refer to Note 12 for further details. Additionally, in the three months ended June 30, 2022, the Company recognized incremental costs primarily associated with the restructuring actions completed in the year ended March 31, 2022, including the closure of certain of its Canadian production facilities, and other operational changes initiated in the three months ended March 31, 2022 to: (i) implement cultivation-related efficiencies and improvements in the Canadian recreational cannabis business, and (ii) implement a flexible manufacturing platform, including contract manufacturing for certain product formats. In the three months ended September 30, 2022, the Company recorded asset impairment and restructuring costs primarily related to: • Impairment losses associated with the planned divestiture of the Company's Canadian retail operations. The Company entered into the following two agreements to divest its retail business in Canada, which includes the retail stores operating under the Tweed and Tokyo Smoke banners: (i) An agreement with OEG Retail Cannabis (“OEGRC”), an existing Canopy Growth licensee partner, for OEGRC to acquire ownership of 23 of the Company's corporate-owned retail stores in Manitoba, Saskatchewan and Newfoundland and Labrador, as well as all Tokyo Smoke-related intellectual property (the “OEGRC Transaction”). Pursuant to the OEGRC Agreement, any acquired retail stores branded as Tweed will be rebranded by OEGRC, and the master franchise agreement between the Company and OEGRC pursuant to which OEGRC licenses the Tokyo Smoke brand in Ontario will be terminated upon closing of the transaction. (ii) An agreement with 420 Investments Ltd. (“FOUR20”), a licensed cannabis retailer, pursuant to which FOUR20 will acquire ownership of five of the Company's corporate-owned retail stores in Alberta (the “FOUR20 Transaction”). Pursuant to the FOUR20 Agreement, the stores will be rebranded under FOUR20's retail banner upon closing of the transaction. Closing of the OEGRC Transaction remains subject to regulatory approvals and other customary closing conditions. The FOUR20 Transaction closed on October 26, 2022. In connection with this planned divestiture, the Company recorded write-downs of property, plant and equipment, operating licenses and brand intangible assets, right-of-use assets, and certain other assets due to the excess of their carrying values over their estimated fair values. • Incremental costs primarily associated with the restructuring actions completed in the year ended March 31, 2022, including the closure of certain of the Company's Canadian production facilities. • Goodwill impairment losses of $2,311 associated with one of the Company's reporting units (refer to Note 12 for further details) and asset impairment charges relating to certain acquired brand intangible assets. As a result, in the three and six months ended September 30, 2022, the Company recognized asset impairment and restructuring costs of $43,968 and $1,771,953, respectively (three and six months ended September 30, 2021 – $2,510 and $91,759, respectively).

Asset Impairment and Restructuring Costs

6 Months Ended

Sep. 30, 2022

Restructuring And Related Activities [Abstract]

Asset Impairment and Restructuring Costs

3. ASSET IMPAIRMENT AND RESTRUCTURING COSTS

In the three months ended June 30, 2022, the Company performed a quantitative goodwill impairment assessment for the cannabis operations reporting unit in the global cannabis segment, and recognized impairment losses totaling $1,725,368. Refer to Note 12 for further details. Additionally, in the three months ended June 30, 2022, the Company recognized incremental costs primarily associated with the restructuring actions completed in the year ended March 31, 2022, including the closure of certain of its Canadian production facilities, and other operational changes initiated in the three months ended March 31, 2022 to: (i) implement cultivation-related efficiencies and improvements in the Canadian recreational cannabis business, and (ii) implement a flexible manufacturing platform, including contract manufacturing for certain product formats.

In the three months ended September 30, 2022, the Company recorded asset impairment and restructuring costs primarily related to:

•

Impairment losses associated with the planned divestiture of the Company's Canadian retail operations. The Company entered into the following two agreements to divest its retail business in Canada, which includes the retail stores operating under the Tweed and Tokyo Smoke banners:

(i)

An agreement with OEG Retail Cannabis (“OEGRC”), an existing Canopy Growth licensee partner, for OEGRC to acquire ownership of 23 of the Company's corporate-owned retail stores in Manitoba, Saskatchewan and Newfoundland and Labrador, as well as all Tokyo Smoke-related intellectual property (the “OEGRC Transaction”). Pursuant to the OEGRC Agreement, any acquired retail stores branded as Tweed will be rebranded by OEGRC, and the master franchise agreement between the Company and OEGRC pursuant to which OEGRC licenses the Tokyo Smoke brand in Ontario will be terminated upon closing of the transaction.

(ii)

An agreement with 420 Investments Ltd. (“FOUR20”), a licensed cannabis retailer, pursuant to which FOUR20 will acquire ownership of five of the Company's corporate-owned retail stores in Alberta (the “FOUR20 Transaction”). Pursuant to the FOUR20 Agreement, the stores will be rebranded under FOUR20's retail banner upon closing of the transaction.

Closing of the OEGRC Transaction remains subject to regulatory approvals and other customary closing conditions. The FOUR20 Transaction closed on October 26, 2022. In connection with this planned divestiture, the Company recorded write-downs of property, plant and equipment, operating licenses and brand intangible assets, right-of-use assets, and certain other assets due to the excess of their carrying values over their estimated fair values.

•

Incremental costs primarily associated with the restructuring actions completed in the year ended March 31, 2022, including the closure of certain of the Company's Canadian production facilities.

•

Goodwill impairment losses of $2,311 associated with one of the Company's reporting units (refer to Note 12 for further details) and asset impairment charges relating to certain acquired brand intangible assets.

As a result, in the three and six months ended September 30, 2022, the Company recognized asset impairment and restructuring costs of $43,968 and $1,771,953, respectively (three and six months ended September 30, 2021 – $2,510 and $91,759, respectively).