XML 17 R3.htm IDEA: XBRL DOCUMENT v3.22.2.2
CONSOLIDATED STATEMENTS OF LOSS AND COMPREHENSIVE LOSS - USD ($)
12 Months Ended
Jan. 31, 2021
Jan. 31, 2020
Profit or loss [abstract]    
Revenue $ 36,127,286 $ 37,705,095
Cost of sales 19,052,681 25,810,389
Gross margin before the undernoted 17,074,605 11,894,706
Realized fair value amounts included in inventory sold (8,365,616) (5,292,763)
Unrealized fair value adjustment on biological assets 9,943,166 6,536,103
Gross Profit 18,652,155 13,138,046
Expenses    
General and administration 6,971,742 9,300,477
Sales, marketing, and promotion 166,479 1,120,929
Depreciation and amortization 2,112,264 3,405,116
Share-based compensation 494,435 492,631
Impairment of inventory 1,384,922  
Total expenses 11,129,842 14,319,153
Income (loss) from operations 7,522,313 (1,181,107)
Interest expense (4,132,171) (3,866,420)
Accretion expense (355,952) (434,331)
Transaction costs   (331,973)
Acquisition reorganization costs (1,204,740)  
Impairment of capital assets (116,881) (4,139,522)
Other Income 279,299 244,178
Impairment of goodwill and intangible assets   (23,911,485)
(Loss) gain on change in fair value of derivative liabilities (5,731,839) 4,779,693
Loss before income taxes (3,739,971) (28,840,967)
Current income tax expense (2,366,046) (3,714,666)
NET LOSS (6,106,017) (32,555,633)
Other comprehensive loss - Items that may be reclassified subsequently to profit or loss    
Cumulative translation adjustment (405,332) (684,336)
LOSS AND COMPREHENSIVE LOSS $ (6,511,349) $ (33,239,969)
Basic and diluted loss per share (in dollars per share) $ (0.06) $ (0.43)
Weighted average number of common shares outstanding - basic and diluted (in shares) 104,841,540 76,683,895