Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

FINANCIAL INSTRUMENTS (Tables)

v3.23.1
FINANCIAL INSTRUMENTS (Tables)
 12 Months Ended
Dec. 31, 2022
Disclosure of detailed information about financial instruments [abstract]  
Disclosure of carrying values of financial instruments [Table Text Block]
 
         
December 31,
  
   
Note
    
2022
    
2021
  
Financial assets:
                  
                   
Investments
  
c,e
 
  
$
2,410
    
$
2,429
  
Derivative assets
        
$
-
    
$
14
  
                       
Financial liabilities:
                      
                       
Warrants
  
b,d
 
  
$
(8
)
  
$
(6,022
)
Disclosure of information about key assumptions to measure fair value of warrants [Table Text Block]
The 2021 warrants fair value was measured using the Black & Scholes model with the following key assumptions:
 
   
December 31,
    
December 31,
      
   
2022
    
2021
    
Sensitivity
                     
Expected volatility
    
93 %
      
83 %
    
Increase (decrease) in key assumptions would result in increase (decrease) in fair value
Expected life (in years)
    
3.342
      
4.342
    
Risk-free interest rate
    
0.85%
      
0.85%
    
Increase (decrease) in key assumptions would result in decrease (increase) in fair value
Expected dividend yield
    
0%
      
0%
    
Fair value:
                    
                     
Per Warrant (Canadian Dollar)
    
$0.003
      
$1.979
      
Total Warrants (Canadian Dollar in thousands)
    
$8
      
$6,022
      
Disclosure of maturity analysis for lease liabilities [Table Text Block]
December 31, 2022
 
   
Less than one year
    
1 to 5 years
    
6 to 10
Years
    
>10
years
  
                         
Lease liabilities
  
$
922
    
$
1,830
    
$
598
    
$
-
  
Bank loans and others
  
$
9,246
    
$
399
    
$
-
    
$
-
  
                                 
Total
  
$
10,168
    
$
2,229
    
$
598
    
$
-
  
 
December 31, 2021
 
   
Less than one year
    
1 to 5 years
    
6 to 10
Years
    
>10
years
  
                         
Lease liabilities
  
$
3,130
    
$
11,781
    
$
12,760
    
$
2,620
  
Bank loans
    
9,502
      
-
      
-
      
-
  
                                 
Total
  
$
12,632
    
$
11,781
    
$
12,760
    
$
2,620
  
Disclosure of changes in liabilities arising from financing activities [Table Text Block]
 
   
Loans
    
Lease
liabilities
    
Warrants
    
Total
liabilities
arising from
financing
activities
  
                         
Balance as of January 1, 2021
  
$
-
    
$
990
    
$
16,540
    
$
17,530
  
                                 
Issuance of new warrants
    
-
      
-
      
11,832
      
11,832
  
Additions for new loans
    
8,504
      
-
      
-
      
8,504
  
Additions for new leases
    
-
      
1,678
      
-
      
1,678
  
Additions related to acquisitions
    
1,957
      
17,222
      
-
      
19,179
  
Repayments
    
(700
)
    
(1,980
)
    
-
      
(2,680
)
Effective interest
    
-
      
1,347
      
-
      
1,347
  
Other changes
    
133
      
117
      
(611
)
    
(361
)
Effect of changes in fair value
    
-
      
-
      
(21,739
)
    
(21,739
)
                                 
Balance as of December 31, 2021
    
9,894
      
19,374
      
6,022
      
35,290
  
                                 
Additions for new loans
    
4,660
      
-
      
-
      
4,660
  
Additions for new leases
    
-
      
613
      
-
      
613
  
Repayments
    
-
      
(3,085
)
    
-
      
(3,085
)
Effective interest
    
-
      
1,429
      
-
      
1,429
  
Effect of exchange rate differences
    
(1,135
)
    
(2,056
)
    
-
      
(3,191
)
Deconsolidation of Trichome
    
(3,774
)
    
(14,386
)
    
-
      
(18,160
)
Effect of changes in fair value
    
-
      
-
      
(6,014
)
    
(6,014
)
                                 
Balance as of December 31, 2022
  
$
9,645
    
$
1,889
    
$
8
    
$
11,542