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

Consolidated Statements of Financial Position

v3.21.2
Consolidated Statements of Financial Position - CAD ($)
Dec. 31, 2020
Dec. 31, 2019
Current assets    
Cash and cash equivalents $ 1,146,569 $ 1,378,687
Prepaid expenses 1,053,658 124,140
Accounts receivable [1] 8,747,261 1,463,388
Inventory [2] 17,561,002 0
Loans receivable [3] 51,676,623 36,504,397
Total Current Assets 80,185,113 39,470,612
Non-current assets    
Property, plant and equipment, net [4] 87,104,243 10,847
Deposits [5] 0 12,530,659
Call/put option [6] 112,658,740 55,967,351
Goodwill [5] 6,206,068 0
Intangible assets, net [7] 152,979,033 0
Total Non-current assets 358,948,084 68,508,857
Total assets 439,133,197 107,979,469
Current liabilities    
Accounts payable and accrued liabilities 24,115,714 1,334,370
License liability [5] 11,997,400 0
Convertible debentures [8] 0 17,597,600
Current loans payable [9] 31,349,759 0
Lease liabilities [10] 205,982 0
Credit facility [11] 0 36,610,075
Current income taxes payable [12] 3,125,261 0
Total Current Liabilities 70,794,116 55,542,045
Non-current liabilities    
Credit facility [11] 64,815,872 0
Loans payable, net of current portion [9] 18,704,092 0
Lease liabilities, net of current portion [10] 186,487 0
License liability, net of current portion [5] 47,989,600 0
Deferred income tax liability [12] 27,158,251 0
Total liabilities 229,648,418 55,542,045
Shareholders' equity    
Share capital [13] 229,772,030 61,366,160
Contributed surplus 14,863,863 5,748,889
Cumulative translation adjustment (1,896,622) 0
Accumulated deficit (33,254,492) (14,677,625)
Total shareholders' equity 209,484,779 52,437,424
Total liabilities and shareholders' equity $ 439,133,197 $ 107,979,469
[1] Note 7.
[2] Note 9.
[3] Note 11.
[4] Note 10.
[5] Note 6.
[6] Note 12.
[7] Note 13.
[8] Note 14.
[9] Note 16.
[10] Note 17.
[11] Note 15.
[12] Note 20.
[13] Note 18.