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Intangible Assets and Goodwill (Tables)

6 Months Ended

Jun. 30, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Finite-Lived Intangible Assets

Intangible assets are comprised of the following items:

			Weighted Average Amortization Period (in years)						As of June 30, 2020
												Cost						Accumulated Amortization						Impairment charges						Net
Software (i)			N/A						$	612					$	(298)					$	—					$	314
Enterprise Resource Planning (“ERP”) system (ii)			5						2,570						—						—						2,570
Health Canada licenses			17						8,255						(1,167)						—						7,088
Lord Jones™ brand			N/A						64,000						—						(5,000)						59,000
Trademarks			N/A						140						—						—						140
Israeli Codes (iii)			25						297						(10)						—						287
									$	75,874					$	(1,475)					$	(5,000)					$	69,399

⁽ⁱ⁾Software amortizes using a double declining method.

⁽ⁱⁱ⁾During the six months ended June 30, 2020, the Company capitalized costs for the ERP system. As of June 30, 2020, the system is not yet available for use, resulting in no amortization being recorded against the asset.

⁽ⁱⁱⁱ⁾The preliminary licenses granted to Kibbutz Gan Shmuel (the Cronos Israel joint venture partner) by the Medical Cannabis Unit of the Israeli Ministry of Health in early 2017 (the “Israeli Codes”) were transferred by non-controlling interests to Cronos Israel in exchange for their equity interests in the Cronos Israel entities specified above.

			Weighted Average Amortization Period (in years)						As of December 31, 2019
															Cost						Accumulated Amortization						Net
Software (i)			N/A						$	541					$	(202)					$	339
Health Canada licenses			17						8,627						(976)						7,651
Lord Jones™ brand			N/A						64,000						—						64,000
Trademarks			N/A						36						—						36
Israeli Codes (ii)			25						298						(4)						294
									$	73,502					$	(1,182)					$	72,320

⁽ⁱ⁾Software amortizes using a double declining method.

⁽ⁱⁱ⁾  The Israeli Codes were transferred by non-controlling interests to Cronos Israel in exchange for their equity interests in the Cronos Israel entities specified above.

Schedule of Indefinite-Lived Intangible Assets

Intangible assets are comprised of the following items:

			Weighted Average Amortization Period (in years)						As of June 30, 2020
												Cost						Accumulated Amortization						Impairment charges						Net
Software (i)			N/A						$	612					$	(298)					$	—					$	314
Enterprise Resource Planning (“ERP”) system (ii)			5						2,570						—						—						2,570
Health Canada licenses			17						8,255						(1,167)						—						7,088
Lord Jones™ brand			N/A						64,000						—						(5,000)						59,000
Trademarks			N/A						140						—						—						140
Israeli Codes (iii)			25						297						(10)						—						287
									$	75,874					$	(1,475)					$	(5,000)					$	69,399

⁽ⁱ⁾Software amortizes using a double declining method.

⁽ⁱⁱ⁾During the six months ended June 30, 2020, the Company capitalized costs for the ERP system. As of June 30, 2020, the system is not yet available for use, resulting in no amortization being recorded against the asset.

⁽ⁱⁱⁱ⁾The preliminary licenses granted to Kibbutz Gan Shmuel (the Cronos Israel joint venture partner) by the Medical Cannabis Unit of the Israeli Ministry of Health in early 2017 (the “Israeli Codes”) were transferred by non-controlling interests to Cronos Israel in exchange for their equity interests in the Cronos Israel entities specified above.

			Weighted Average Amortization Period (in years)						As of December 31, 2019
															Cost						Accumulated Amortization						Net
Software (i)			N/A						$	541					$	(202)					$	339
Health Canada licenses			17						8,627						(976)						7,651
Lord Jones™ brand			N/A						64,000						—						64,000
Trademarks			N/A						36						—						36
Israeli Codes (ii)			25						298						(4)						294
									$	73,502					$	(1,182)					$	72,320

⁽ⁱ⁾Software amortizes using a double declining method.

⁽ⁱⁱ⁾  The Israeli Codes were transferred by non-controlling interests to Cronos Israel in exchange for their equity interests in the Cronos Israel entities specified above.

Schedule of Goodwill

			As of December 31, 2019						Additions						Impairment charges						Effect of foreign exchange						As of June 30, 2020
OGBC			$	302					$	—					$	—					$	(13)					$	289
Peace Naturals			1,078						—						—						(45)						1,033
Redwood			213,414						—						(35,000)						—						178,414
			$	214,794					$	—					$	(35,000)					$	(58)					$	179,736

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Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment.

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Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
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Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=108376223&loc=d3e13816-109267

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
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-URI http://asc.fasb.org/extlink&oid=108376223&loc=d3e13854-109267

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Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance and exist in perpetuity, by either major class or business segment.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 3
-Subparagraph (b),(d)
-URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16373-109275

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-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 2
-Subparagraph (b)
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