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Investment In Joint Ventures And Minority Interests (Tables) | 9 Months Ended
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Sep. 30, 2020
Schedule Of Equity Method Investments [Line Items] |
Summary of earnings (losses) from unconsolidated entities | Summarized Equity Earnings (Losses) from Unconsolidated Entities
|  | Three months ended September 30, |  |  | Nine Months Ended September 30, |
|  | 2020 |  |  | 2019 |  |  | 2020 |  |  | 2019 |
Pure Sunfarms |  | $ | 1,443 |  |  | $ | 3,748 |  |  | $ | 5,437 |  |  | $ | 14,493 |
VF Hemp |  |  | (137 | ) |  |  | (211 | ) |  |  | (552 | ) |  |  | (343 | )
AVGG Hemp |  |  | — |  |  |  | (18 | ) |  |  | — |  |  |  | (35 | )
Total |  | $ | 1,306 |  |  | $ | 3,519 |  |  | $ | 4,885 |  |  | $ | 14,115 |
Summary of company share of the joint venture | The Company’s share of the joint venture consisted of the following:
Balance, January 1, 2019 |  | $ | 6,341 |
Investments in joint venture |  |  | 18,717 |
Share of net income for the year |  |  | 16,276 |
Balance, December 31, 2019 |  | $ | 41,334 |
Balance, January 1, 2020 |  | $ | 41,334 |
Investments in joint venture |  |  | 16,393 |
Share of net income for the period |  |  | 5,437 |
Balance, September 30, 2020 |  | $ | 63,164 |
Summary of summarized financial information | Summarized financial information of Pure Sunfarms:
|  | September 30, 2020 |  |  | December 31, 2019 |
Current assets |  |  |  |  |  |  |  |
Cash and cash equivalents |  | $ | 6,751 |  |  | $ | 7,356 |
Trade receivables |  |  | 13,543 |  |  |  | 8,687 |
Inventory |  |  | 33,676 |  |  |  | 21,745 |
Other current assets |  |  | 5,759 |  |  |  | 6,964 |
Non-current assets |  |  | 115,720 |  |  |  | 108,652 |
Current liabilities |  |  |  |  |  |  |  |
Trade payables |  |  | (3,422 | ) |  |  | (4,938 | )
Borrowings due to joint ventures |  |  | (11,022 | ) |  |  | (26,413 | )
Income taxes payable |  |  | — |  |  |  | (8,489 | )
Borrowings – current |  |  | (2,291 | ) |  |  | (1,423 | )
Other current liabilities |  |  | (10,156 | ) |  |  | (5,021 | )
Non-current liabilities |  |  |  |  |  |  |  |
Borrowings – long term |  |  | (23,709 | ) |  |  | (13,089 | )
Deferred tax liabilities |  |  | (13,742 | ) |  |  | (2,473 | )
Net assets |  | $ | 111,107 |  |  | $ | 91,558 |
Reconciliation of net assets: |  |  |  |  |  |  |  |
Accumulated retained earnings |  | $ | 36,091 |  |  | $ | 26,679 |
Contributions from joint venture partners |  |  | 75,738 |  |  |  | 63,481 |
Currency translation adjustment |  |  | (722 | ) |  |  | 1,398 |
Net assets |  | $ | 111,107 |  |  |  | 91,558 |
|  | Three months ended September 30, |  |  | Nine months ended September 30, |
|  | 2020 |  |  | 2019 |  |  | 2020 |  |  | 2019 |
Sales |  | $ | 17,048 |  |  | $ | 18,084 |  |  | $ | 39,571 |  |  | $ | 53,128 |
Cost of sales* |  |  | (11,154 | ) |  |  | (5,689 | ) |  |  | (23,678 | ) |  |  | (13,463 | )
Gross Margin |  |  | 5,894 |  |  |  | 12,395 |  |  |  | 15,893 |  |  |  | 39,665 |
Selling, general and administrative expenses |  |  | (2,447 | ) |  |  | (2,830 | ) |  |  | (6,731 | ) |  |  | (5,616 | )
Income from operations |  |  | 3,447 |  |  |  | 9,565 |  |  |  | 9,162 |  |  |  | 34,049 |
Interest expense |  |  | (386 | ) |  |  | (302 | ) |  |  | (734 | ) |  |  | (596 | )
Foreign exchange (loss) gain |  |  | (56 | ) |  |  | 14 |  |  |  | (207 | ) |  |  | 28 |
Other income, net** |  |  | (131 | ) |  |  | 8 |  |  |  | 4,202 |  |  |  | 22 |
Income before taxes |  |  | 2,874 |  |  |  | 9,285 |  |  |  | 12,423 |  |  |  | 33,503 |
Provision for income taxes |  |  | (417 | ) |  |  | (2,600 | ) |  |  | (3,012 | ) |  |  | (9,397 | )
Net Income |  | $ | 2,457 |  |  | $ | 6,685 |  |  | $ | 9,411 |  |  | $ | 24,106 |
| * | Included in cost of sales for the three months ended September 30, 2020 and 2019 is $961 and $503, and nine months ended September 30, 2020 and 2019 is $1,973 and $1,347 respectively, of depreciation expense.
| ** | Nine months ended September 30, 2020, includes a gain recognized on the settlement of net liabilities of $4,348.
Village Fields Hemp USA LLC [Member] |
Schedule Of Equity Method Investments [Line Items] |
Summary of company share of the joint venture | The Company’s share of the joint venture consisted of the following:
Balance, January 1, 2019 |  | $ | — |
Investments in joint venture |  |  | 7 |
Share of net loss |  |  | (2,464 | )
Losses applied against joint venture note receivable |  |  | 2,457 |
Balance, December 31, 2019 |  | $ | — |
Balance, January 1, 2020 |  | $ | — |
Investments in joint venture |  |  | — |
Share of net loss |  |  | (552 | )
Losses applied against joint venture note receivable |  |  | 552 |
Balance, September 30, 2020 |  | $ | — |
Summary of summarized financial information | Summarized financial information of VF Hemp:
|  | September 30, 2020 |  |  | December 31, 2019 |
Current assets |  |  |  |  |  |  |  |
Inventory |  | $ | 9,268 |  |  | $ | 9,308 |
Other current assets |  |  | 242 |  |  |  | 546 |
Non-current assets |  |  | 989 |  |  |  | 1,476 |
Current liabilities |  |  | (1,433 | ) |  |  | (1,788 | )
Non-current liabilities |  |  | (13,697 | ) |  |  | (13,323 | )
Net assets |  | $ | (4,631 | ) |  | $ | (3,781 | )
Reconciliation of net assets: |  |  |  |  |  |  |  |
Accumulated retained earnings |  | $ | (3,791 | ) |  | $ | (3,791 | )
Net loss for the nine months ended September 30, 2020 |  |  | (850 | ) |  |  | — |
Contributions from joint venture partners |  |  | 10 |  |  |  | 10 |
Net assets |  | $ | (4,631 | ) |  | $ | (3,781 | )

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