v3.25.2
Note 22 - Net Revenue
12 Months Ended
May 31, 2025
Notes to Financial Statements  
Revenue from Contract with Customer [Text Block]

22.

Net revenue

 

Net revenue is comprised of:

 

  

For the year ended May 31,

 
  

2025

  

2024

  

2023

 

Beverage revenue

 $253,181  $213,614  $100,679 

Beverage excise taxes

  (12,586)  (11,520)  (5,586)

Net beverage revenue

  240,595   202,094   95,093 

Cannabis revenue

  330,609   370,692   284,314 

Cannabis excise taxes

  (81,608)  (97,894)  (63,884)

Net cannabis revenue

  249,001   272,798   220,430 

Distribution revenue

  271,228   258,740   258,770 

Wellness revenue

  60,485   55,310   52,831 

Total

 $821,309  $788,942  $627,124 

 

Included in revenue from Canadian adult-use cannabis is $1,460 of advisory services revenue for the fiscal year ended  May 31, 2025, compared to $1,500 and $40,377 of advisory services from the HEXO commercial transaction agreements for the fiscal year ended May 31, 2024 and May 31, 2023, respectively.