XML 31 R20.htm IDEA: XBRL DOCUMENT v3.21.2
Segment and Geographic Information
 6 Months Ended
Jun. 30, 2021
Segment Reporting [Abstract]  
Segment and Geographic Information

14

SEGMENT AND GEOGRAPHIC INFORMATION

Segment reporting is prepared on the same basis that the Company’s Chief Executive Officer, who is the Company’s Chief Operating Decision Maker, manages the business, makes operating decisions and assesses performance. Management has determined that the Company operates in three segments. The Company’s three segments include Cannabis, Produce and Energy. The Cannabis segment produces and supplies cannabis products to be sold to other licensed providers and provincial governments across Canada and internationally. The Produce business produces, markets and sells premium quality tomatoes, bell peppers and cucumbers. The Energy business produces power that it sells pursuant to a long-term contract to its one customer.

The Company’s primary operations are in the United States and Canada. Segment information is summarized below:

 

 

 

Three months ended June 30,

 

 

Six months ended June 30,

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Sales

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Produce

$

45,539

 

 

$

47,455

 

 

$

80,406

 

 

$

79,417

 

Cannabis

 

24,761

 

 

 

—

 

 

 

42,221

 

 

 

—

 

Energy

 

74

 

 

 

118

 

 

 

143

 

 

 

268

 

 

$

70,374

 

 

$

47,573

 

 

$

122,770

 

 

$

79,685

 

Gross margin

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Produce

$

(3,814

)

 

$

3,723

 

 

$

(3,097

)

 

$

4,666

 

Cannabis

 

9,820

 

 

 

—

 

 

 

12,032

 

 

 

—

 

Energy

 

(741

)

 

 

(194

)

 

 

(1,363

)

 

 

(372

)

 

$

5,265

 

 

$

3,529

 

 

$

7,572

 

 

$

4,294