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Condensed Consolidated Statements of Cash Flows - USD ($)
9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
CASH FLOW FROM OPERATING ACTIVITIES    
Net income (loss) attributable to Green Thumb Industries Inc. $ 52,629,811 $ (7,471,840)
Net income attributable to non-controlling interest 3,684,725 2,697,352
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depreciation and amortization 47,239,479 38,479,960
Amortization of operating lease assets 24,760,298 18,987,980
Loss on extinguishment of debt 9,881,847 0
Loss on disposal of property and equipment 822,306 29,858
Earnings from equity method investments (1,330,196) (1,400,000)
Bad debt expense 264,424 315,798
Deferred income taxes 8,216,597 4,377,000
Stock based compensation 14,698,180 15,209,520
(Increase) decrease in fair value of investments (14,604,387) (8,142,178)
Interest on contingent consideration payable and acquisition liabilities 2,874,422 998,842
Increase (decrease) in fair value of contingent consideration 662,027 (425,424)
Increase (decrease) in fair value of warrants (5,451,000) 2,060,771
Shares issued for settlement of business dispute 7,135,200  
Decrease in fair value of note receivable 0 (815,937)
Amortization of debt discount 4,954,281 4,048,531
Changes in operating assets and liabilities:    
Accounts receivable (3,781,683) (5,616,054)
Inventories (17,257,048) (9,129,777)
Prepaid expenses and other current assets (5,992,713) (4,142,854)
Deposits and other assets (978,725) 1,567,458
Accounts payable (12,950,170) 2,242,553
Accrued liabilities 3,516,335 13,609,399
Operating lease liabilities (20,344,939) (12,674,176)
Income tax payable (15,881,420) 14,617,544
NET CASH PROVIDED BY OPERATING ACTIVITIES 82,767,650 71,056,200
CASH FLOW FROM INVESTING ACTIVITIES    
Purchases of property and equipment (117,159,709) (49,221,442)
Proceeds from disposal of assets 108,700 11,799,025
Investments in securities (31,053,096)  
Proceeds from sale of investments 18,282,213  
Purchase of businesses, net of cash acquired (18,458,358)  
NET CASH USED IN INVESTING ACTIVITIES (148,280,250) (37,422,417)
CASH FLOW FROM FINANCING ACTIVITIES    
Contributions from limited liability company unit holders 50,000
Distributions to third parties and limited liability company unit holders (8,251,654) (2,536,658)
Distributions from unconsolidated subsidiaries 1,475,000  
Net proceeds from issuance of registered shares pursuant to Form S-1 155,498,140  
Proceeds from exercise of options and warrants 11,228,082 656,096
Payment for purchase of noncontrolling interest (150,000)
Proceeds from issuance of notes payable 175,500,047  
Principal repayment of notes payable (64,702,508) (229,482)
Prepayment penalty and other costs associated with refinancing (3,199,914)  
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES 267,547,193 (2,210,044)
CASH, CASH EQUIVALENTS AND RESTRICTED CASH:    
NET INCREASE IN CASH AND CASH EQUIVALENTS 202,034,593 31,423,739
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH BEGINNING OF PERIOD 83,757,785 46,667,334
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH END OF PERIOD 285,792,378 78,091,073
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION    
Interest paid 13,713,625 9,418,727
NONCASH INVESTING AND FINANCING ACTIVITIES    
Accrued capital expenditures 12,868,898 (6,798,187)
Noncash increase in right of use asset (22,620,494) (36,854,352)
Noncash increase in lease liability $ 22,620,494 $ 36,854,352
Warrant issuance associated with note payable 22,529,268 753,658
Mortgages associated with dispensaries $ 6,830,000 $ 2,647,000
Liability for purchase of noncontrolling interest (5,350,000)
Share Issued For Purchase Of Non Controlling Interest 4,070,003  
Issuance of contingent consideration 18,621,759  
Deferred share issuances (29,196,104)  
Deferred share distributions (3,137,612) (14,752,467)
Issuance of shares under business combinations 223,978,989 24,485,670
Inventory 6,181,560  
Accounts receivable 552,133  
Prepaid assets 367,433  
Property and equipment 15,704,793 80,615
Right of use assets 18,324,775  
Identifiable intangible assets 173,926,457 (145,000)
Goodwill 214,786,487 (2,003,275)
Deposits and other assets 904,495 603,988
Liabilities assumed (11,032,483) (1,302,604)
Lease liabilities (18,324,775)
Contingent liabilities (61,853,000)  
Equity interests issued (285,338,699) (503,389)
Acquisition liability 228,813
Deferred income taxes (35,740,818) (2,491,700)
Noncash or Part Noncash Acquisition, Net Nonmonetary Assets Acquired (Liabilities Assumed) 18,458,358  
RECONCILIATION OF CASH, AND CASH EQUIVALENTS AND RESTRICTED CASH    
Cash and cash equivalents 285,792,378 75,116,621
Restricted cash 2,974,452
TOTAL CASH, AND CASH EQUIVALENTS AND RESTRICED CASH $ 285,792,378 $ 78,091,073