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Condensed Consolidated Statements of Changes in Shareholders' Equity - USD ($)
$ in Thousands
Total
PurePenn, LLC
Keystone Relief Centers LLC
Mountaineer Holding, LLC
Nature’s Remedy of Massachusetts, Inc.
Solevo Wellness West Virginia, LLC
Super Voting Shares
Multiple Voting Shares
Subordinate Voting Shares
Subordinate Voting Shares
PurePenn, Pioneer, Solevo
Subordinate Voting Shares
Mountaineer Holding, LLC
Subordinate Voting Shares
Nature’s Remedy of Massachusetts, Inc.
Subordinate Voting Shares
Solevo Wellness West Virginia, LLC
Common Shares
Common Shares
PurePenn, Pioneer, Solevo
Common Shares
Mountaineer Holding, LLC
Common Shares
Nature’s Remedy of Massachusetts, Inc.
Common Shares
Solevo Wellness West Virginia, LLC
Additional Paid-in-Capital
Additional Paid-in-Capital
PurePenn, LLC
Additional Paid-in-Capital
Keystone Relief Centers LLC
Additional Paid-in-Capital
Mountaineer Holding, LLC
Additional Paid-in-Capital
Nature’s Remedy of Massachusetts, Inc.
Additional Paid-in-Capital
Solevo Wellness West Virginia, LLC
Accumulated Earnings
Non-Controlling Interest
Beginning Balance at Dec. 31, 2020 $ 447,904                                   $ 328,214           $ 119,690  
Beginning Balance (in shares) at Dec. 31, 2020             58,182,500 1,439,037 59,952,461         119,573,998                        
Share-based compensation 741                                   741              
Shares issued for cash - warrant exercise 6,861                                   6,861              
Shares issued for cash - warrant exercise (in shares)                 469,133         469,133                        
Conversion of warrants to subordinate voting shares (in shares)                 133,408         133,408                        
Conversion of Multiple Voting to Subordinate Voting Shares               (117,668) 117,668                                  
Conversion of Super Voting Shares to Subordinate Voting Shares (in shares)             (3,021,100)   3,021,100                                  
Conversion of Super Voting Shares to Multiple Voting Shares (in shares)             (55,161,400) 55,161,400                                    
Net (loss) income and comprehensive income (loss) 30,078                                               30,078  
Ending Balance at Mar. 31, 2021 485,584                                   335,816           149,768  
Ending Balance (in shares) at Mar. 31, 2021               56,482,769 63,693,770         120,176,539                        
Beginning Balance at Dec. 31, 2020 447,904                                   328,214           119,690  
Beginning Balance (in shares) at Dec. 31, 2020             58,182,500 1,439,037 59,952,461         119,573,998                        
Net (loss) income and comprehensive income (loss) 70,958                                                  
Ending Balance at Jun. 30, 2021 756,235                                   565,587           190,648  
Ending Balance (in shares) at Jun. 30, 2021               56,461,096 70,521,604         126,982,700                        
Beginning Balance at Mar. 31, 2021 485,584                                   335,816           149,768  
Beginning Balance (in shares) at Mar. 31, 2021               56,482,769 63,693,770         120,176,539                        
Share-based compensation 744                                   744              
Shares issued for cash - warrant exercise 811                                   811              
Shares issued for cash - warrant exercise (in shares)                 100,400         100,400                        
Common stock issued upon cashless warrant exercise (in shares)                 661,614         661,614                        
Tax withholding related to net share settlement of equity awards (595)                                   (595)              
Tax withholding related to net share settlement of equity awards (in shares)                 (15,734)         (15,734)                        
Issuance of shares private placement, net of issuance costs 217,896                                   217,896              
Issuance of shares private placement, net of issuance costs (in shares)                 5,750,000         5,750,000                        
Contingent consideration payable in shares (2,800)                                   (2,800)              
Adjustment of fair value of equity consideration   $ 2,711 $ 1,004                                 $ 2,711 $ 1,004          
Shares issued for acquisition       $ 3,000 $ 6,500 $ 500                               $ 3,000 $ 6,500 $ 500    
Shares issued for acquisition (in shares)                     60,342 237,881 11,658     60,342 237,881 11,658                
Conversion of Multiple Voting to Subordinate Voting Shares               (21,673) 21,673                                  
Net (loss) income and comprehensive income (loss) 40,880                                               40,880  
Ending Balance at Jun. 30, 2021 756,235                                   565,587           190,648  
Ending Balance (in shares) at Jun. 30, 2021               56,461,096 70,521,604         126,982,700                        
Beginning Balance at Dec. 31, 2021 2,147,373                                   2,008,100           137,721 $ 1,552
Beginning Balance (in shares) at Dec. 31, 2021               51,916,999 128,587,173         180,504,172                        
Share-based compensation 4,564                                   4,564              
Exercise of stock options 108                                   108              
Exercise of stock options (in shares)                 45,775         45,775                        
Shares issued for cash - warrant exercise 22                                   22              
Shares issued for cash - warrant exercise (in shares)                 1,648         1,648                        
Shares issued under share compensation plans (in shares)                 16,257         16,257                        
Tax withholding related to net share settlement of equity awards (230)                                   (230)              
Tax withholding related to net share settlement of equity awards (in shares)                 (10,005)         (10,005)                        
Conversion of Multiple Voting to Subordinate Voting Shares               (2,699,100) 2,699,100                                  
Shares issued for PurePenn, Pioneer, and Solevo earnouts (in shares)                   3,626,295         3,626,295                      
Distribution (50)                                                 (50)
Divestment of variable interest entity (111)                                                 (111)
Net (loss) income and comprehensive income (loss) (32,482)                                               (31,975) (507)
Ending Balance at Mar. 31, 2022 2,119,194                                   2,012,564           105,746 884
Ending Balance (in shares) at Mar. 31, 2022               49,217,899 134,966,243         184,184,142                        
Beginning Balance at Dec. 31, 2021 $ 2,147,373                                   2,008,100           137,721 1,552
Beginning Balance (in shares) at Dec. 31, 2021               51,916,999 128,587,173         180,504,172                        
Exercise of stock options (in shares) 92,811                                                  
Net (loss) income and comprehensive income (loss) $ (56,503)                                                  
Ending Balance at Jun. 30, 2022 2,120,092                                   2,037,483           83,255 (646)
Ending Balance (in shares) at Jun. 30, 2022               36,126,099 149,512,098         185,638,197                        
Beginning Balance at Mar. 31, 2022 2,119,194                                   2,012,564           105,746 884
Beginning Balance (in shares) at Mar. 31, 2022               49,217,899 134,966,243         184,184,142                        
Share-based compensation 5,703                                   5,703              
Exercise of stock options (in shares)                 2,997         2,997                        
Shares issued for cash - warrant exercise 19,216                                   19,216              
Shares issued for cash - warrant exercise (in shares)                 1,426,614         1,426,614                        
Subordinate Voting Shares issued under share compensation plans (in shares)                 24,444         24,444                        
Conversion of Multiple Voting to Subordinate Voting Shares               (13,091,800) 13,091,800                                  
Net (loss) income and comprehensive income (loss) (24,021)                                               (22,491) (1,530)
Ending Balance at Jun. 30, 2022 $ 2,120,092                                   $ 2,037,483           $ 83,255 $ (646)
Ending Balance (in shares) at Jun. 30, 2022               36,126,099 149,512,098         185,638,197