XML 40 R30.htm IDEA: XBRL DOCUMENT v3.23.1

ASSET ACQUISITIONS AND BUSINESS COMBINATIONS (Tables)

3 Months Ended

Mar. 31, 2023

Franchise Global Health Inc

Schedule Of Major Class Of Assets Acquired And Liabilities

Current assets
Cash		$	730
Trade receivables			2,271
Inventory			2,019
Indemnity receivables			3,415
Prepaid assets			139
Non-current assets
Property, plant, and equipment			452
Right of use assets			115
Intangible asset			6,102
Goodwill			3,716
Total assets		$	18,959
Current liabilities
Trade payables and accrued liabilities		$	(6,245	)
Current lease liabilities			(98	)
Current portion of debt			(1,062	)
Long term lease liability			(21	)
Deferred tax			(1,717	)
Total liabilities		$	(9,143	)
Total net assets acquired		$	9,816

No Cap Hemp Co

Schedule Of Major Class Of Assets Acquired And Liabilities

Current assets
Trade receivables		$	31
Inventory			725
Non-current assets
Goodwill			417
Total assets		$	1,173
Current liabilities
Trade payables and accrued liabilities			(272	)
Total liabilities		$	(272	)
Total net assets acquired		$	901

Just Brands LLC and High Roller Private Label LLC

Schedule Of Major Class Of Assets Acquired And Liabilities

Current assets
Cash		$	535
Trade receivables			975
Inventory			5,534
Other current assets			540
Non-current assets
Property, plant, and equipment			536
Right of use assets			772
Other non-current assets			127
Intangible asset			4,533
Goodwill			24,898
Total assets		$	38,450
Current liabilities
Trade payables and accrued liabilities		$	(2,273	)
Current lease liabilities			(644	)
Provision for sales tax			(982	)
Deferred tax			(24	)
Other current liabilities			(99	)
Total liabilities		$	(4,022	)
Total net assets acquired		$	34,428

Original Hemp asset acquisition

Schedule Of Major Class Of Assets Acquired And Liabilities

Inventory		$	109
Intangible asset			194
Total net assets acquired		$	303

X

- Definition

Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 20
-Section 50
-Paragraph 1
-URI https://asc.fasb.org/extlink&oid=128092470&loc=d3e4845-128472

+ Details

Name:	us-gaap_ScheduleOfRecognizedIdentifiedAssetsAcquiredAndLiabilitiesAssumedTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Details

Name:	us-gaap_BusinessAcquisitionAxis=flora_FranchiseGlobalHealthIncMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_BusinessAcquisitionAxis=flora_NoCapHempCoMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_BusinessAcquisitionAxis=flora_JustBrandsLLCAndHighRollerPrivateLabelLLCMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_BusinessAcquisitionAxis=flora_OriginalHempAssetAcquisitionMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type: