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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Cash flows from operating activities:    
Net loss $ (109,130) $ (56,754)
Adjustments to reconcile loss to net cash provided (used) in operating activities:    
Depreciation and amortization 132,644 79,713
Share-based compensation 45,632 29,361
Non-cash bonus   1,518
Non-cash interest expense 44,859 6,590
Unrealized gain on changes in fair value of biological assets (465,180) (224,610)
Realized fair value amounts included in inventory sold 365,642 149,586
Impairment loss 14,573 23,659
(Gain)/loss on debt retirement 152  
(Gain)/loss on investment 2,974 (37,566)
(Gain)/loss on sale of property, plant and equipment 3,333 550
Deferred taxes 19,214 11,720
Gain on contingent liability   (37,566)
Changes in operating assets and liabilities    
Accounts receivable (29,402) 5,956
Biological assets 80,414 55,707
Inventories (185,607) (92,384)
Prepaid expenses and other current assets (24,902) 4,748
Other assets 5,641 (17,702)
Accounts payable (10,298) 9,958
Income taxes payable 59,768 57,753
Accrued expenses 15,709 4,552
Net cash provided (used) in operating activities (33,964) 12,355
Cash flows from investing activities:    
Purchases of property and equipment (171,955) (126,273)
Proceeds from sale of entity 29,828 1,004
Payments made on completion on acquisitions (37,820) (59,695)
Prepayment for acquisition consideration   (7,500)
Cash acquired from acquisitions 14,500  
Payments received on notes receivable 3,717 (4,646)
Note receivable from third party (2,244)  
Amounts advanced for notes receivable   (4,646)
Net cash used in investing activities (163,974) (197,110)
Cash flows from financing activities:    
Cash received from financing agreement 531,093 186,235
Proceeds from sale leaseback 24,419 42,466
Debt issuance costs (5,564)  
Minority buyouts (1,190) (2,508)
Prepayment Penalties on retired notes payable (23,827)  
Lease liability payments (52,775) (26,762)
Proceeds from minority interest investment in Curaleaf International 83,979  
Cash received in private placement   24,552
Principal payments on notes payable (366,749) (2,920)
Acquisition escrow shares returned and retired (8,312)  
Exercise of stock options 3,157 3,013
Issuance of common shares, net of issuance costs 240,569  
Net cash provided by financing activities 424,800 224,076
Net change in cash 226,862 39,321
Cash at beginning of period 73,542 42,310
Cash held for sale   (8,089)
Effect of exchange rate on cash (1,075)  
Cash at end of period 299,329 73,542
Cash paid for interest 33,439 38,133
Cash paid for income tax 91,786 21,498
Supplemental disclosure of non-cash investing and financing activities:    
Recognition of right of use assets and lease liabilities   85,127
Issuance of shares in connection with minority buyouts   10,802
Issuance of shares in connection with acquisitions 209,429 969,479
Issuance of shares in connection with license success fee   2,348
Cash Paid for EMMAC to former EMMAC owners by Minority Interest Holder 46,844  
Contingent consideration incurred in connection with acquisitions 29,311 36,494
Forgiveness of note receivable in connection with acquisition   $ 65,868
Write off of prior debt deferred costs 2,182  
Redeemable NCI 6,922  
Equity issuance $ 51,130