MTL Cannabis

Corp.

Cash and cash equivalents

$

4,999

Accounts receivable

9,752

Inventory

17,156

Other current assets

1,469

Property, plant and equipment

37,218

Intangible assets

Brands

17,300

Distribution channel

10,750

Goodwill

55,685

Accounts payable

(7,867

)

Other accrued expenses and liabilities

(9,198

)

Other current liabilities

(1,287

)

Deferred income tax liabilities

(8,199

)

Other long-term liabilities

(15,475

)

Net assets acquired

$

112,303

Consideration paid in cash

$

18,555

Consideration paid in shares

60,998

Replacement equity

4,770

Other consideration

27,980

Total consideration

$

112,303

Total consideration paid in cash

$

46,535

Less: Cash and cash equivalents acquired

(4,999

)

Net cash outflow

$

41,536