v3.25.2
Note 4 - Inventory
12 Months Ended
May 31, 2025
Notes to Financial Statements  
Inventory Disclosure [Text Block]

4.

Inventory

 

Inventory is comprised of:

 

  

May 31,

  

May 31,

 
  

2025

  

2024

 

Beverage inventory

 $63,965  $52,831 

Plants

  24,045   13,828 

Dried cannabis

  103,507   108,721 

Cannabis derivatives

  7,877   4,504 

Cannabis vapes

  1,860   4,132 

Packaging and other inventory items

  15,366   22,115 

Distribution inventory

  38,735   35,645 

Wellness inventory

  15,527   10,311 

Total

 $270,882  $252,087 

 

Included in cost of goods sold for the fiscal year ended May 31, 2025 are $1,610 of fair value step up adjustments under purchase accounting (PPA) for beverage inventory sold during the course of the fiscal year, and during the fiscal year ended   May 31, 2024, included in costs of goods sold was $4,602 and $7,628 of fair value step up adjustments under purchase accounting (PPA) for beverage and cannabis inventory sold in the fiscal year, respectively.