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Consolidated Statements of Financial Position
$ in Thousands
Dec. 31, 2021
USD ($)
Current assets:  
Cash and cash equivalents $ 299,329
Accounts receivable, net 64,570
Inventories, net 391,195
Biological assets 78,600
Assets held for sale 80,583
Prepaid expenses and other current assets 35,667
Current portion of notes receivable 2,315
Total current assets 952,259
Deferred tax asset 2,593
Notes receivable 842
Property, plant and equipment, net 379,720
Right-of-use assets, net 285,111
Intangible assets, net 1,010,008
Goodwill. 605,496
Investments 4,401
Other assets 22,048
Total assets 3,262,478
Current liabilities:  
Accounts payable 26,751
Accrued expenses 87,583
Income tax payable 140,019
Current portion of lease liability 19,279
Current portion of notes payable 1,966
Current contingent consideration liability 9,155
Liabilities held for sale 18,472
Other current liabilities 12,171
Total current liabilities 315,396
Deferred tax liability 299,333
Notes payable 434,123
Lease liability 298,281
Non-controlling interest redemption liability 72,140
Contingent consideration liability 28,839
Other long term liability 5,876
Total liabilities 1,453,988
Shareholders' equity:  
Share capital 2,225,940
Treasury shares (5,208)
Reserves (162,085)
Accumulated other comprehensive income. (9,996)
Accumulated deficit (291,395)
Redeemable non-controlling interest contingency (72,140)
Total Curaleaf Holdings, Inc. shareholders' equity 1,685,116
Non-controlling interest 123,374
Total shareholders' equity 1,808,490
Total liabilities and shareholders' equity $ 3,262,478