v3.26.1
Consolidated Statements of Cash Flows - USD ($)
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES    
Net loss $ (63,923,695) $ (47,796,856)
Adjustments for items not involving cash:    
Share based compensation 2,336,487 180,308
Non-cash lease expense 1,993,170 2,047,680
Depreciation 11,399,254 13,414,690
Deferred tax recovery (1,175,371) (1,829,352)
Lease incentive amortization (9,524) (109,109)
Loss on impairment of fixed assets 17,580,525 11,885,063
Loss on impairment of ROU assets 6,403,703 3,239,536
Loss on impairment of intangible assets 5,860,000 6,151,343
Loss on disposal of intangible assets 0 762,091
Loss on disposal of property and equipment 1,655,818 78,563
Loss on disposal of assets held for sale 767,835 0
Gain on settlement of note (1,255,677) 0
Loss on reserve for slow moving inventory 3,619,463 0
Gain on early ROU lease termination (2,630,443) 0
Recovery of property in legal settlement (4,588,328) 0
Amortization of note payable discount 206,579 0
Finders shares issued in VidaCann acquisition 0 750,000
Adjustments Before Working Capital to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities (21,760,204) (11,226,043)
Net Changes in Non-cash Working Capital Items 8,991,223 17,469,125
Repayment of lease liabilities (1,422,907) (1,032,183)
Total Operating (14,191,888) 5,210,899
FINANCING ACTIVITIES    
Taxes paid in lieu of share issuance - RSUs 0 (45,833)
Proceeds from public share issuance, net of share issuance costs 0 9,862,207
Net Cash From VidaCann Acquisition 0 911,715
VidaCann Acquisition-Cash Component 0 (4,000,000)
Repayment of Lafayette State Bank Note (2,947,632) 0
Draw from revolving line of credit 9,750,000 0
Payment of Promissory Note to former VidaCann Shareholders (5,000,000) 0
Total Financing 1,802,368 6,728,089
INVESTING ACTIVITIES    
Purchase of property, plant and equipment (6,571,865) (12,044,412)
Proceeds from sale of fixed assets 2,280,846 21,000
Proceeds from sale of assets held for sale 6,820,493 0
Proceeds from sale of licenses 0 8,237,909
Total Investing 2,529,474 (3,785,503)
NET CHANGE IN CASH DURING THE YEAR (9,860,046) 8,153,485
CASH AND RESTRICTED CASH    
Beginning of Year 25,435,077 17,281,592
End of Year $ 15,575,031 $ 25,435,077