v3.25.2
Business Combinations and Dispositions - Estimated Fair Value of Tangible Assets Acquired And Liabilities Assumed (Details) - USD ($)
Jun. 06, 2025
Jun. 05, 2025
May 12, 2025
Jun. 30, 2025
Assets        
Goodwill       $ 72,644,103
Wholesome Co, Inc.        
Assets        
Cash and cash equivalents     $ 7,025,811  
Inventory     9,766,340  
Receivables     1,149,766  
Other current assets     905,747  
Property and equipment     9,273,661  
Operating lease, right-of-use asset     10,410,672  
Indemnification asset     6,910,000  
Deposits     504,807  
Goodwill     22,205,842  
Total assets     93,061,646  
Liabilities        
Accounts payable and accrued liabilities     6,788,708  
Right-of-use liability     10,410,672  
Long-term debt, net     9,592,555  
Uncertain tax liability     8,910,000  
Total liabilities     35,701,935  
Net assets acquired     57,359,711  
Consideration:        
Share consideration     51,764,711  
Contingent consideration     5,595,000  
Total Consideration     57,359,711  
Wholesome Co, Inc. | License        
Assets        
Intangible assets     14,704,000  
Wholesome Co, Inc. | Developed technology        
Assets        
Intangible assets     $ 10,205,000  
Proper Holdings Management, Inc.        
Assets        
Cash and cash equivalents   $ 12,298,303    
Inventory   16,882,060    
Income tax receivable   4,258,449    
Receivables   2,405,627    
Other current assets   771,962    
Property and equipment   35,751,866    
Operating lease, right-of-use asset   6,905,781    
Indemnification asset   5,311,551    
Deposits   6,997,666    
Goodwill   34,534,547    
Total assets   139,725,812    
Liabilities        
Accounts payable and accrued liabilities   14,908,487    
Right-of-use liability   6,905,781    
Long-term debt, net   25,502,655    
Uncertain tax liability   12,570,000    
Other long-term liabilities   1,239,000    
Total liabilities   61,125,923    
Net assets acquired   78,599,889    
Consideration:        
Share consideration   76,188,889    
Contingent consideration   2,411,000    
Total Consideration   78,599,889    
Proper Holdings Management, Inc. | License        
Assets        
Intangible assets   11,816,000    
Proper Holdings Management, Inc. | Developed technology        
Assets        
Intangible assets   $ 1,792,000    
Deep Roots Holdings, Inc.        
Assets        
Cash and cash equivalents $ 19,037,368      
Inventory 20,108,335      
Income tax receivable 8,295,721      
Receivables 244,712      
Other current assets 1,114,387      
Property and equipment 30,371,707      
Operating lease, right-of-use asset 12,742,380      
Indemnification asset 5,307,586      
Deposits 433,309      
Investments 13,100,000      
Goodwill 15,903,714      
Total assets 167,351,219      
Liabilities        
Accounts payable and accrued liabilities 16,283,948      
Right-of-use liability 12,742,380      
Long-term debt, net 19,166,670      
Uncertain tax liability 15,603,307      
Total liabilities 63,796,305      
Net assets acquired 103,554,914      
Consideration:        
Share consideration 100,929,914      
Contingent consideration 2,625,000      
Total Consideration 103,554,914      
Deep Roots Holdings, Inc. | License        
Assets        
Intangible assets $ 40,692,000