Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

6. ACQUISITIONS: Schedule of Consideration and net identifiable assets acquired (Tables)

v3.21.2
6. ACQUISITIONS: Schedule of Consideration and net identifiable assets acquired (Tables)
12 Months Ended
Dec. 31, 2020
Tables/Schedules  
Schedule of Consideration and net identifiable assets acquired

 

 

 

Consideration paid:

 

 

Cash paid upon closing

$

20,644,291   

Cash paid in 2019

 

10,605,100   

Rights to common shares

 

44,984,267   

Settlement of pre-existing relationship

 

1,459,218   

 

$

77,692,876   

Net identifiable assets acquired:

 

 

Cash and cash equivalents

$

162,204   

Accounts receivable

 

58,470   

Inventory

 

4,395,361   

Biological assets

 

26,842   

Property, plant and equipment

 

94,197,701   

Goodwill

 

6,083,036   

Accounts payable

 

(1,539,657)  

Other payable

 

(656,900)  

Deferred tax liability

 

(25,034,181)  

 

$

77,692,876