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Fair Value of Financial Instruments (Tables) | 3 Months Ended
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Jun. 30, 2026
Summary of Financial Assets and Liabilities Measured at Estimated Fair Value on a Recurring Basis | The following table represents the Company’s financial assets and liabilities measured at estimated fair value on a recurring basis:
|  | Fair value measurement using |  |  |  |
|  | Quoted |  |  | Significant |  |  |  |  |  |  |
|  | prices in |  |  | other |  |  | Significant |  |  |  |
|  | active |  |  | observable |  |  | unobservable |  |  |  |
|  | markets |  |  | inputs |  |  | inputs |  |  |  |
|  | (Level 1) |  |  | (Level 2) |  |  | (Level 3) |  |  | Total |
June 30, 2026 |  |  |  |  |  |  |  |  |  |  |  |
Assets: |  |  |  |  |  |  |  |  |  |  |  |
Restricted short-term investments |  | $ | 5,058 |  |  | $ | - |  |  | $ | - |  |  | $ | 5,058 |
Other investments |  |  | 47 |  |  |  | - |  |  |  | 123,521 |  |  |  | 123,568 |
Liabilities: |  |  |  |  |  |  |  |  |  |  |  |
Warrant derivative liability |  |  | - |  |  |  | - |  |  |  | 26,863 |  |  |  | 26,863 |
March 31, 2026 |  |  |  |  |  |  |  |  |  |  |  |
Assets: |  |  |  |  |  |  |  |  |  |  |  |
Restricted short-term investments |  | $ | 5,046 |  |  | $ | - |  |  | $ | - |  |  | $ | 5,046 |
Other investments |  |  | 46 |  |  |  | - |  |  |  | 105,979 |  |  |  | 106,025 |
Liabilities: |  |  |  |  |  |  |  |  |  |  |  |
Warrant derivative liability |  |  | - |  |  |  | - |  |  |  | 27,522 |  |  |  | 27,522 |
Level 3 |
Summary of Valuation Techniques and Significant Unobservable Inputs in the Fair Value Measurement of Significant Level 2 and Level 3 Financial Instruments | The following table summarizes the valuation techniques and significant unobservable inputs in the fair value measurement of significant level 3 financial instruments:
| Financial asset / financial liability |  | Valuation techniques |  | Significant unobservable inputs |  | Relationship of unobservable inputs to fair value
| Canopy USA, LLC Equity Method Investment |  | Asset based approach |  | Probability and timing of US legalization |  | Increase or decrease in probability of US legalization will result in an increase or decrease in fair value
|  |  |  |  | Discount rate |  | Increase or decrease in discount rate will result in a decrease or increase in fair value
|  |  |  |  | Expected future cash flows |  | Increase or decrease in expected future cash flows will result in an increase or decrease in fair value
|  |  |  |  | Volatility of Wana and Jetty equity |  | Increase or decrease in volatility will result in an increase or decrease in fair value
| Canopy USA LPs Equity Method Investment |  | Asset based approach |  | Probability and timing of US legalization |  | Increase or decrease in probability of US legalization will result in an increase or decrease in fair value
| Elevate Loan Receivable |  | Lesser of discounted cash flow and debtor net assets |  | Equity value of Canopy USA |  | Increase or decrease in equity value will result in an increase or decrease in fair value
| Acreage and Wana Debt |  | Lesser of discounted cash flow and debtor net assets |  | Equity value of Canopy USA |  | Increase or decrease in equity value will result in an increase or decrease in fair value
| Warrant derivative liability |  | Black-Scholes option pricing model |  | Volatility of Canopy Share price |  | Increase or decrease in volatility will result in an increase or decrease in fair value

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- Definition Tabular disclosure of input and valuation technique used to measure fair value and change in valuation approach and technique for each separate class of asset and liability measured on recurring and nonrecurring basis. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (bbb)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 2: http://www.xbrl.org/2003/role/exampleRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 103 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482078/820-10-55-103 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (bbb)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 + Details
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- Definition Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 + Details
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