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Inventory
12 Months Ended
Dec. 31, 2020
Classes Of Inventories [Abstract]  
Inventory

9.

Inventory

As at

December 31, 2020

 

December 31, 2019

 

Harvested cannabis

 

20,358

 

 

50,403

 

Cannabis supplies and consumables

 

5,255

 

 

8,808

 

Ornamental flowers, supplies and consumables (note 5)

 

 

 

731

 

 

 

25,613

 

 

59,942

 

 

At December 31, 2020, the Company held 10,335 kilograms of harvested cannabis (December 31, 2019 – 8,380 kilograms) in inventory. During the year ended December 31, 2020, inventories of $51.7 million were recognized as an expense (year ended December 31, 2019 - $46.7 million). The Company recognized inventory write downs of $56.9 million, of which $45.9 million was recognized as an excess and obsolete inventory provision, and $11.0 million was included in the change in fair value realized through inventory as the fair value component of the excess and obsolete inventory provision.