Gain on long-term investments

12 Months Ended

May 31, 2019

Gain on long-term investments

Gain on long-term investments

28.    Gain on long-term investments

Gain on long-term investments for the year ended May 31, 2019 is comprised of:

			Opening fair		Gain (loss) on		Change in fair
Investment	Proceeds		value / cost		disposal		value		Total
Level 1 on fair value hierarchy
CannaRoyalty Corp. - shares	$	4,111	$	3,765	$	346	$	—	$	346
MassRoots, Inc. - shares		1		164		(163)		—		(163)
North Bud Farms Inc. - shares		373		253		120		—		120
Hiku Brands Company Ltd. - shares		30,542		13,558		16,984		—		16,984
Scythian Biosciences Corp. - shares		6,609		8,901		(2,292)		—		(2,292)
Level 2 on fair value hierarchy
Hiku Brands Company Ltd. - warrants		17,611		18,693		(1,082)		—		(1,082)
Scythian Biosciences Corp. - warrants		—		661		(661)		—		(661)
Level 3 on fair value hierarchy
Copperstate Farms, LLC - shares		5,300		5,300		—		—		—
Copperstate Farms Investors, LLC - shares		14,700		14,700		—		—		—
US legalization options		136,448		116,809		19,639		—		19,639
Green Acre Capital Fund II		500		3,000		(2,500)		—		(2,500)
Long-term investments (Note 14)		—		—		—		(10,740)		(10,740)
Year ended May 31, 2019	$	216,195	$	185,804	$	30,391	$	(10,740)	$	19,651