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Condensed Consolidated Statements of Cash Flows - USD ($)
9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
CASH FLOW FROM OPERATING ACTIVITIES    
Net loss attributable to Green Thumb Industries Inc. $ (7,471,840) $ (45,045,898)
Net income attributable to non-controlling interest 2,697,352 328,804
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depreciation and amortization 38,479,960 17,528,891
Amortization of operating lease assets 18,987,980 4,229,889
Loss on disposal of property and equipment 29,858  
(Gain) loss from investment in associate   56,423
Bad debt expense 315,798  
Deferred income taxes 4,377,000 (5,712,000)
Stock based compensation 15,209,520 13,324,083
Decrease (increase) in fair value of investments (9,542,178) 886,002
Changes in value of liabilities related to put option and purchase of noncontrolling interests   (823,550)
Interest on contingent consideration payable and acquisition liabilities 998,842 3,258,804
Decrease in fair value of contingent consideration (425,424)  
Increase in fair value of warrant liability 2,060,771  
Decrease in fair value of note receivable 815,937 7,424,727
Amortization of debt discount 4,048,531 2,100,738
Changes in operating assets and liabilities:    
Accounts receivable (5,616,054) 1,165,271
Inventories (9,129,777) (9,478,848)
Prepaid expenses and other current assets (4,142,854) (3,237,772)
Deposits and other assets 1,567,458 1,045,821
Accounts payable 2,242,553 1,707,947
Accrued liabilities 13,609,399 14,451,557
Operating lease liabilities (12,674,176) (4,184,228)
Income tax payable 14,617,544 260,535
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES 71,056,200 (712,804)
CASH FLOW FROM INVESTING ACTIVITIES    
Purchases of property and equipment (49,221,442) (66,875,245)
Proceeds from disposal of assets 11,799,025  
Repayment of debenture investments   3,000,000
Purchase of businesses, net of cash acquired   (108,067,892)
NET CASH USED IN INVESTING ACTIVITIES (37,422,417) (171,943,137)
CASH FLOW FROM FINANCING ACTIVITIES    
Contributions from limited liability company unit holders 50,000 1,650,000
Distributions to third parties and limited liability company unit holders (2,536,658) (7,516,061)
Proceeds from exercise of options and warrants 656,096  
Proceeds from issuance of notes payable   117,435,724
Payment for purchase of noncontrolling interest (150,000)  
Principal repayment of notes payable (229,482) (18,778,140)
NET CASH (USED IN) PROVIDED BY FINANCING ACTIVITIES (2,210,044) 92,791,523
CASH, CASH EQUIVALENTS AND RESTRICED CASH:    
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 31,423,739 (79,864,418)
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 46,667,334 145,986,072
CASH AND CASH EQUIVALENTS, END OF PERIOD 78,091,073 66,121,654
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION    
Interest paid 9,418,727 5,964,621
NONCASH INVESTING AND FINANCING ACTIVITIES    
Accrued capital expenditures (6,798,187) 4,232,914
Noncash increase in right of use asset (36,854,352) (22,233,609)
Noncash increase in lease liability $ 36,854,352 22,731,855
Net liability upon adoption of ASC 842, Leases   (498,246)
Exercise of put option   $ 4,200,382
Warrants attributable to debt issuance 753,658 0
Mortgages associated with dispensaries $ 2,647,000  
Liability for purchase of noncontrolling interest (5,350,000)  
Liability associated with acquisition agreement 2,000,000  
Issuance of shares under acquisition agreement (22,485,670) $ (485,476,925)
Deferred share issuances (14,752,467) 16,587,798
Inventory   13,602,245
Accounts receivable   2,117,412
Property and equipment 80,615 17,341,103
Right of use assets   4,154,672
Identifiable intangible assets (145,000) 305,625,592
Goodwill (2,003,275) 393,278,807
Deposits and other assets 603,988 1,694,533
Liabilities assumed (1,302,604) (9,489,616)
Lease liabilities   (4,154,672)
Equity interests issued 503,389 (485,476,925)
Contingent liabilities   (52,864,000)
Deferred share issuances   (16,587,798)
Conversion of note receivable previously issued   (27,025,800)
Acquisition liability (228,813) (1,630,893)
Deferred income taxes 2,491,700 (32,448,100)
Noncash or Part Noncash Acquisition, Net Nonmonetary Assets Acquired (Liabilities Assumed) 0
RECONCILIATION OF CASH, AND CASH EQUIVALENTS AND RESTRICTED CASH    
Cash and cash equivalents 75,116,621 66,121,654
Restricted cash 2,974,452  
TOTAL CASH, AND CASH EQUIVALENTS AND RESTRICED CASH $ 78,091,073 $ 66,121,654