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Intangible Assets (Tables)
12 Months Ended
Mar. 31, 2020
Intangible Assets Net Excluding Goodwill [Abstract]  
Summary of Components of Intangible Assets

The components of intangible assets are as follows:

 

 

March 31, 2020

 

 

March 31, 2019

 

 

 

Gross

 

 

Net

 

 

Gross

 

 

Net

 

 

 

Carrying

 

 

Carrying

 

 

Carrying

 

 

Carrying

 

 

 

Amount

 

 

Amount

 

 

Amount

 

 

Amount

 

Finite lived intangible assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Licensed brands

 

$

66,227

 

 

$

53,797

 

 

$

57,802

 

 

$

57,678

 

Distribution channel

 

 

74,768

 

 

 

47,117

 

 

 

42,400

 

 

 

25,297

 

Health Canada and operating licenses

 

 

63,631

 

 

 

57,250

 

 

 

104,608

 

 

 

99,587

 

Intellectual property

 

 

240,386

 

 

 

215,044

 

 

 

153,797

 

 

 

149,360

 

Software and domain names

 

 

16,056

 

 

 

10,013

 

 

 

9,701

 

 

 

6,819

 

Amortizable intangibles in process

 

 

9,590

 

 

 

9,590

 

 

 

4,122

 

 

 

4,046

 

Total

 

 

470,658

 

 

 

392,811

 

 

 

372,430

 

 

 

342,787

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Indefinite lived intangible assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating licenses

 

 

 

 

 

$

7,000

 

 

 

 

 

 

$

151,509

 

Acquired brands

 

 

 

 

 

 

76,555

 

 

 

 

 

 

 

63,774

 

Total intangible assets

 

 

 

 

 

$

476,366

 

 

 

 

 

 

$

558,070

 

Summary of Estimated Amortization Expense

Estimated amortization expense for each of the five succeeding fiscal years and thereafter is as follows:

 

2021

 

$

51,542

 

2022

 

$

44,709

 

2023

 

$

43,964

 

2024

 

$

43,701

 

2025

 

$

43,083

 

Thereafter

 

$

165,812