Share Capital and Warrants (Tables)

12 Months Ended

Dec. 31, 2020

Share Capital And Warrants [Abstract]

(b)

Issued and outstanding

		December 31, 2020						December 31, 2019
	Note	Number of Shares			Carrying Amount			Number of Shares		Carrying Amount
Balance, beginning of year			107,180,423			509,654			68,648,984		65,133
Initial public offering			—			—			11,000,000		189,518
Shares issued for assets			—			—			797,952		6,537
Share issuances			337,696,867			176,931			394,926		2,323
Shares issued to related parties			—			—			3,730,963		63,460
Share issuance costs			—			(5,593	)		—		(12,770	)
Business acquisitions			—			—			2,696,800		39,849
Disposition of Bridge Farm	5		(2,716,271	)		(38,447	)		—		—
Convertible debt - conversions	16		373,371,318			63,002			13,108,676		113,526
Derivative warrants exercised	17		102,836,429			55,912			—		—
Warrants exercised			—			—			4,551,082		21,882
Shares issued for services			—			—			164,080		2,320
RSUs exercised	22(c)		475,367			587			57,960		195
Employee warrants exercised			—			—			2,029,000		17,681
Balance, end of year			918,844,133			762,046			107,180,423		509,654

Summary of Common Share Purchase Warrants

(c)

Common share purchase warrants

	Number of Warrants			Carrying Amount
Balance at December 31, 2018		4,211,904			3,108
40% Warrants reclassified from derivative liability⁽ⁱ⁾		957,225			4,122
60% Warrants reclassified from derivative liability⁽ⁱ⁾		1,495,665			11,969
Warrants issued to related parties⁽ⁱⁱ⁾		480,000			5,833
Warrants issued on conversion of convertible notes⁽ⁱⁱⁱ⁾		3,572,274			6,731
Warrants exercised		(4,551,082	)		(3,931	)
Warrants expired		(662	)		(1	)
Balance at December 31, 2019		6,165,324			27,831
Warrants issued		544,000			306
Warrants expired		(3,232,434	)		(5,908	)
Warrants cancelled		(2,452,890	)		(16,091	)
Balance at December 31, 2020		1,024,000			6,138

(i)

On August 1, 2019, the 40% and 60% warrants issued as part of the term debt financing and initially classified as derivative liabilities as at June 30, 2019, were reclassified to equity as the number of warrants issuable and the exercise price for each tranche of warrants became fixed in conjunction with the initial public offering date. The exercise price for the 40% and 60% warrants were $21.63 and $20.76 respectively.

(ii)

480,000 warrants with an exercise price of $15.94 were issued to a director of the Company in relation to the acquisition of the financial obligation.

(iii)

Equity units issued upon conversion of CAD denominated convertible notes included 3,095,386 warrants with an exercise price of $4.38 and vested immediately. Equity units issued upon conversion of USD denominated notes included 476,888 warrants with an exercise price of USD$3.75 and vested immediately.

Summary of Outstanding Warrants

The following table summarizes outstanding warrants as at December 31, 2020:

	Warrants outstanding and exercisable
Issued in relation to	Weighted average exercise price		Number of warrants		Weighted average contractual life (years)
Acquisition of financial obligation		15.94		480,000		1.5
Financial services		4.60		544,000		8.6
		9.91		1,024,000		5.3

The following table summarizes outstanding warrants as at December 31, 2019:

	Warrants outstanding and exercisable
Issued in relation to	Weighted average exercise price		Number of warrants		Weighted average contractual life (years)
Convertible notes (USD)	USD 3.75			444,888		0.8
Convertible notes (CAD)		4.38		2,787,546		0.7
Acquisition of financial obligation		15.94		480,000		2.5
Term debt financing (60%)		20.76		1,495,665		2.6
Term debt financing (40%)		21.63		957,225		2.6
		11.97		6,165,324		1.6