Fair Value of Financial Instruments (Tables)

12 Months Ended

Mar. 31, 2026

Summary of Financial Assets and Liabilities Measured at Estimated Fair Value on a Recurring Basis

The following table represents the Company’s financial assets and liabilities measured at estimated fair value on a recurring basis:


		Fair value measurement using
		Quoted				Significant
		prices in				other				Significant
		active				observable				unobservable
		markets				inputs				inputs
		(Level 1)				(Level 2)				(Level 3)				Total
										(As Restated)
March 31, 2026
Assets:
Restricted short-term investments		$	5,046			$	-			$	-			$	5,046
Other investments			46				-				105,979				106,025
Liabilities:
Warrant derivative liability			-				-				27,522				27,522

March 31, 2025
Assets:
Short-term investments		$	17,656			$	-			$	-			$	17,656
Restricted short-term investments			6,410				-				-				6,410
Other investments			46				-				177,827				177,873
Liabilities:
Warrant derivative liability			-				-				8,647				8,647

Summary of Valuation Techniques and Significant Unobservable Inputs in the Fair Value Measurement of Significant Level 2 and Level 3 Financial Instruments

The following table summarizes the valuation techniques and significant unobservable inputs in the fair value measurement of significant level 3 financial instruments:


	Financial asset / financial liability		Valuation techniques		Significant unobservable inputs		Relationship of unobservable inputs to fair value
	Canopy USA, LLC Equity Method Investment		Asset based approach		Probability and timing of US legalization		Increase or decrease in probability of US legalization will result in an increase or decrease in fair value
					Discount rate		Increase or decrease in discount rate will result in a decrease or increase in fair value
					Expected future cash flows		Increase or decrease in expected future cash flows will result in an increase or decrease in fair value
					Volatility of Wana and Jetty equity		Increase or decrease in volatility will result in an increase or decrease in fair value
	Canopy USA LPs Equity Method Investment		Asset based approach		Probability and timing of US legalization		Increase or decrease in probability of US legalization will result in an increase or decrease in fair value
	Elevate Loan Receivable		Lesser of discounted cash flow and debtor net assets		Equity value of Canopy USA		Increase or decrease in equity value will result in an increase or decrease in fair value
	Acreage and Wana Debt		Lesser of discounted cash flow and debtor net assets		Equity value of Canopy USA		Increase or decrease in equity value will result in an increase or decrease in fair value
	Warrant derivative liability		Black-Scholes option pricing model		Volatility of Canopy Share price		Increase or decrease in volatility will result in an increase or decrease in fair value