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Condensed Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
CASH FLOW FROM OPERATING ACTIVITIES      
Net income (loss) attributable to Green Thumb Industries Inc. $ 14,992,967 $ (59,116,407) $ (5,243,917)
Net income (loss) attributable to non-controlling interest 4,084,953 (430,463) 27,811,696
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:      
Depreciation and amortization 52,505,575 31,482,340 5,183,980
Amortization of operating lease assets 26,287,253 7,291,154  
Loss on disposal of property and equipment 31,340   667,837
Loss from investment in associate   56,423 55,750
Bad debt expense 367,400    
Deferred rent     (20,978)
Deferred income taxes 2,094,504 (13,680,913) 4,061,000
Stock based compensation 19,336,718 18,285,377 12,148,251
Decrease (increase) in fair value of investments (28,690,766) 5,586,480 (51,942,861)
Decrease in fair value conversion feature     (1,293,474)
Changes in value of liabilities related to put option and purchase of noncontrolling interests   132,523 (2,518,180)
Interest on convertible note payable     434,000
Gain on settlement of contingent consideration (9,877,014)    
Interest on contingent consideration payable and acquisition liabilities 1,235,072 3,908,529 178,030
Increase (decrease) in fair value of warrant liability 23,001,771 (4,159,687)  
Decrease in fair value of note receivable 815,937 6,608,790  
Amortization of debt discount 5,158,618 5,177,775  
Changes in operating assets and liabilities:      
Accounts receivable (14,252,134) (791,709) (3,682,031)
Inventories (23,377,268) (19,928,761) (7,441,790)
Prepaid expenses and other current assets 230,406 (5,656,786) (2,092,697)
Deposits and other assets 755,630 (306,795) (679,072)
Accounts payable 11,674,295 (1,398,269) 4,725,096
Accrued liabilities 18,683,963 10,366,677 1,722,772
Operating lease liabilities (17,682,357) (6,488,207) 0
Income tax payable 8,540,102 5,048,319 243,585
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES 95,916,965 (18,013,610) (17,683,003)
CASH FLOW FROM INVESTING ACTIVITIES      
Purchases of property and equipment (59,796,992) (88,557,016) (27,432,847)
Proceeds from disposal of assets 11,799,025 20,325,557  
Investments in securities (525,000)   (42,550,000)
Proceeds from repayment or sale of securities 169,818   20,000,000
Investment in associates     (4,387,500)
Advances to related parties     (2,750,000)
Repayments from related parties     583,686
Repayment of note receivable   3,000,000  
Issuance of notes receivable     (3,500,000)
Consolidation of variable interest entities     154,776
Purchases of licenses     (49,999)
Purchase of businesses, net of cash acquired (8,921,162) (109,439,921) (51,489,384)
NET CASH USED IN INVESTING ACTIVITIES (57,274,311) (174,671,380) (111,421,268)
CASH FLOW FROM FINANCING ACTIVITIES      
Contributions from limited liability company unit holders 50,000 1,650,000 21,748,211
Distributions to third parties and limited liability company unit holders (2,788,500) (7,516,061) (17,368,034)
Payment for change in ownership interests of subsidiary     (700,000)
Proceeds from shares issued pursuant to private placement     66,805,295
Proceeds from exchangeable notes payable     45,000,000
Proceeds from fundraiser transactions     140,289,093
Proceeds from exercise of options and warrants 1,640,147 540,089 906,296
Reverse takeover, private placement, and fundraise transaction financing costs     (10,627,423)
Proceeds from issuance of notes payable   117,435,724 825,000
Principal repayment of notes payable (303,850) (18,743,500) (1,353,592)
Payment for purchase of noncontrolling interest (150,000)    
NET CASH (USED IN) PROVIDED BY FINANCING ACTIVITIES (1,552,203) 93,366,252 245,524,846
CASH, CASH EQUIVALENTS AND RESTRICTED CASH:      
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 37,090,451 (99,318,738) 116,420,575
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 46,667,334 145,986,072 29,565,497
CASH AND CASH EQUIVALENTS, END OF PERIOD 83,757,785 46,667,334 145,986,072
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION      
Interest paid 12,761,513 5,019,465 874,298
NONCASH INVESTING AND FINANCING ACTIVITIES      
Purchase of property and equipment with cancellation of note receivable     605,000
Conversion of notes payable into equity     8,613,740
Compensation options issued for reverse takeover services     906,366
Initial consolidation of variable interest entities, net of cash     (319,411)
Accrued capital expenditures (2,029,105) 14,949,980 2,710,085
Distributions of investments     26,134,851
Liability related to put option of convertible note payable     7,108,043
Noncash increase in right of use asset (79,084,799) (63,477,013)  
Noncash increase in lease liability $ 79,084,799 63,975,259  
Net liability upon adoption of ASC 842, Leases   (498,246)  
Exercise of put options   $ (1,128,776)  
Warrants attributable to debt issuance 753,658 20,039,530  
Mortgages associated with dispensaries $ 3,607,000    
Liability for purchase of noncontrolling interest (5,350,000) $ (25,420,009) 25,068,847
Liability associated with acquisition agreement 2,000,000    
Issuance of contingent shares under acquisition agreement 22,485,670 10,999,040  
Deferred share issuances 751,987 16,587,798  
Deferred share distributions (14,752,468)    
Issuance of shares under business combinations 4,619,237 495,737,729 51,151,649
Inventory 131,204 13,746,656 975,329
Accounts receivable   2,164,140  
Prepaid assets 17,280 531,276 26,635
Property and equipment 263,860 16,628,952 3,938,703
Investments   9,900,000  
Right of use assets 119,313 7,461,953  
Identifiable intangible assets 6,181,523 377,163,592 76,650,639
Goodwill 7,612,476 331,208,108 39,016,100
Deposits and other assets 610,863 1,171,667 239,808
Liabilities assumed (1,519,596) (9,729,371) (2,088,369)
Lease liabilities (119,313) (7,461,953)  
Contingent liabilities   (56,992,000) (8,857,220)
Equity interests issued (5,096,648) (495,806,400) (49,689,149)
Conversion of note receivable previously issued   (27,121,559)  
Acquisition liability   (17,378,866)  
Deferred income taxes 720,200 (36,046,274) (6,680,000)
Noncontrolling interests     (2,043,092)
Noncash or Part Noncash Acquisition, Net Nonmonetary Assets Acquired (Liabilities Assumed) $ 8,921,162 $ 109,439,921 $ 51,489,384