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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Cash flows from operating activities:    
Net loss $ (376,931) $ (214,642)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation and amortization 163,769 120,544
Share-based compensation 28,017 39,481
Non-cash interest expense 11,609 7,000
Amortization of operating lease right-of-use assets 12,704 13,019
Loss on impairment 144,461 14,573
(Gain) loss on debt retirement (205) 21,344
Loss on sale or retirement of asset 548 4,705
(Gain) loss on investment (21,953) 2,093
Deferred taxes (25,826) (10,604)
Changes in assets and liabilities:    
Receivables 7,956 (25,257)
Inventories 31,236 (93,123)
Prepaid expenses and other current assets (13,198) (24,897)
Tax receivable (34,505)  
Other assets 14,101 6,655
Accounts payable 51,707 (10,298)
Income taxes payable 10,721 27,225
Operating leases, net (right-of-use asset acquisitions and disposals) 2,872  
Operating lease liabilities (11,643) (12,060)
Accrued expenses 50,961 75,962
Net cash provided by (used in) operating activities 46,401 (58,280)
Cash flows from investing activities:    
Purchase of property, plant and equipment, net (138,362) (171,955)
Proceeds from sale of entities 10,987 29,828
Proceeds from consolidation of acquisitions 29,952 14,500
Acquisition related cash payments (133,983) (37,820)
Payments received on notes receivable 2,315 3,713
Note receivable from third party   (2,240)
Dividend received 468  
Net cash used in investing activities (228,623) (163,974)
Cash flows from financing activities:    
Proceeds from financing agreement   531,093
Minority interest investment in Curaleaf International   83,979
Debt issuance costs   (5,564)
Acquisition escrow shares returned and retired   (8,312)
Minority interest buyouts   (1,190)
Proceeds from sale leasebacks   4,516
Proceeds from financing transactions 65,241 18,978
Lease liability payments (5,604) (3,553)
Principal payments on notes payable and financing liabilities (3,287) (371,748)
Prepayment penalties on retired notes payable   (23,827)
Remittances of statutory withholdings on share-based payment awards (4,999) (18,979)
Exercise of stock options (812) 3,157
Issuance of common shares, net of issuance costs   240,569
Net cash provided by financing activities 50,539 449,119
Net (decrease) increase in cash (131,683) 226,865
Cash beginning balance 299,329 73,542
Effect of exchange rate on cash (4,469) (1,078)
Cash and cash equivalents 163,177 299,329
Non-cash investing & financing activities:    
Issuance of shares in connection with acquisitions 35,671 (209,428)
Recognition of finance ROU assets and Lease liabilities 5,393  
Issuance of notes in connection with acquisitions 145,433  
Cash paid for EMMAC to former EMMAC owners by minority interest holder   46,844
Contingent consideration incurred in connection with acquisitions 13,852 29,311
Deferred consideration incurred in connection with acquisitions 118,018  
Failed sale leaseback 1,558  
Held-for-sale reclassifications 15,261  
Write off of prior debt deferred costs   2,182
Redeemable non-controlling interest 14,026 6,922
Equity Issuance   51,130
Supplemental disclosure of cash flow information:    
Cash paid for taxes 155,954 91,786
Cash paid for interest $ 78,828 $ 33,439