Other Income (Expense) |
6 Months Ended |
|---|---|
Jun. 30, 2026 | |
| Other Income (Expense) | |
| Other Income (Expense) | 17. Other Income (Expense) On May 25, 2023, the Company and Grown Rogue International, Inc. (“Grown Rogue”) entered into a strategic agreement whereby Grown Rogue will support the Company in the optimization of its cannabis flower products. As part of this strategic agreement Grown Rogue granted the Company 8,500,000 warrants to purchase subordinate voting shares of Grown Rogue on October 5, 2023. Subsequently, on October 9, 2024, the Company and Grown Rogue mutually agreed to terminate the strategic agreement. As part of the termination agreement, the Company forfeited 4,500,000 of the previously granted 8,500,000 warrants. The Company’s remaining 4,000,000 warrants were revalued at a fair value of $1.4 million and $1.7 million at June 30, 2026 and December 31, 2025, respectively. The three and six months ended June 30, 2026 saw a change in fair value of $0.6 million and ($0.3) million, respectively, which was recorded as other income (expense) in the statement of net loss and comprehensive loss for the three and six month periods ended June 30, 2026.
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