| In millions, except per share items | May-31-22 | May-31-21 | Dec-31-20 | May-31-20 | Dec-31-19 | May-31-19 | Dec-31-18 | Dec-31-17 |
| | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
| Revenues: |
| Hemp Reportable Segment | | | | | 21.7 | | | |
| Cannabis Reportable Segment | | | | | 21.7 | | 10.4 | |
| Canada | | | 120.6 | | 130.3 | | 40.2 | 19.8 |
| Cannabis | 237.5 | 201.4 | 133.6 | 129.9 | 107.1 | 59.9 | 43.1 | 20.5 |
| Other | 390.9 | 311.7 | | 275.4 | | 119.4 | | |
| Total revenues | 628.4 | 513.1 | 210.5 | 405.3 | 167.0 | 179.3 | 43.1 | 20.5 |
| Revenue growth [+] | 22.5% | 26.6% | 26.1% | 126.1% | 287.2% | | 110.0% | 62.4% |
| Cannabis Reportable Segment | | | | | 109.7% | | | |
| Canada | | | -7.5% | | 224.0% | | 103.3% | 56.4% |
| Cannabis | 17.9% | 55.0% | 24.7% | 116.9% | 148.4% | | 110.0% | |
| Dried Cannabis | | | 12.1% | | 281.8% | | 33.3% | 43.6% |
| Cost of goods sold | 511.6 | 389.9 | 185.8 | 309.3 | 190.5 | 135.8 | 28.9 | 9.2 |
| Gross profit | 116.8 | 123.2 | 24.7 | 96.1 | -23.5 | 43.5 | 14.3 | 11.4 |
| Gross margin | 18.6% | 24.0% | 11.7% | 23.7% | -14.1% | 24.3% | 33.1% | 55.4% |
| Selling, general and administrative [+] | 284.6 | 195.5 | 190.9 | 159.1 | 235.5 | 114.2 | 86.3 | 20.4 |
| Sales and marketing | 65.9 | 44.1 | 54.7 | 34.2 | 63.8 | 21.2 | 15.8 | 7.2 |
| General and administrative [+] | 218.7 | 151.4 | 136.2 | 124.8 | 171.7 | 93.0 | 70.5 | 13.3 |
| Wages and related expenses | 51.7 | 37.1 | 31.6 | 28.3 | 39.6 | 14.8 | 11.7 | 3.7 |
| General and administrative expenses | 162.8 | 111.6 | 85.9 | 93.8 | 110.9 | 75.8 | 48.6 | 7.5 |
| Research and development | 1.5 | 0.8 | 4.4 | 1.9 | 9.2 | 1.1 | 5.9 | 3.2 |
| Equity in earnings | | | 6.0 | | 4.5 | | | |
| Other operating expenses | -100.5 | -39.8 | -44.4 | -31.1 | -87.7 | -17.2 | -21.7 | -5.6 |
| EBITDA [+] | -29.3 | -0.7 | -121.4 | -13.4 | -176.2 | -46.9 | -54.3 | -5.6 |
| EBITDA growth | 3931.8% | -94.6% | -31.1% | -71.5% | 224.7% | | 861.5% | 10.8% |
| EBITDA margin | -4.7% | -0.1% | -57.7% | -3.3% | -105.5% | -26.1% | -125.8% | -27.5% |
| Depreciation | 154.6 | 67.8 | 7.7 | 35.7 | 6.0 | 17.2 | 3.2 | 1.3 |
| EBITA | -183.9 | -68.6 | -129.0 | -49.0 | -182.2 | -64.1 | -57.5 | -6.9 |
| EBITA margin | -29.3% | -13.4% | -61.3% | -12.1% | -109.1% | -35.7% | -133.2% | -33.8% |
| Amortization of intangibles | | | 11.0 | | 9.8 | | 0.4 | 0.5 |
| EBIT [+] | -183.9 | -68.6 | -140.0 | -49.0 | -192.1 | -64.1 | -57.8 | -7.5 |
| EBIT growth | 168.2% | 39.8% | -27.1% | -23.5% | 232.1% | | 671.4% | 6.4% |
| EBIT margin | -29.3% | -13.4% | -66.5% | -12.1% | -115.0% | -35.7% | -134.1% | -36.5% |
| Non-recurring items [+] | 426.5 | 63.6 | 61.1 | 55.0 | 112.1 | 74.8 | | |
| Asset impairment | 378.2 | | 61.1 | 50.7 | 112.1 | 57.3 | | |
| Restructuring charges | 31.7 | 60.4 | | 2.5 | | 17.6 | | |
| Legal settlement | 16.5 | 3.3 | | 1.8 | | | | |
| Interest income, net [+] | -27.9 | -28.0 | 39.2 | -19.4 | 34.7 | -5.9 | 9.1 | 1.7 |
| Interest expense | 39.7 | 30.9 | | 25.6 | | 5.9 | | |
| Interest income | 11.7 | 2.9 | 39.2 | 6.3 | 34.7 | | 9.1 | 1.7 |
| Other income (expense), net [+] | 197.7 | -184.8 | -114.8 | 14.2 | -60.2 | 106.7 | -23.4 | -2.0 |
| Gain (loss) on debt retirement | | | -61.1 | | | | | |
| Gain (loss) on foreign currency transactions | | | -13.2 | | -5.9 | | 7.2 | -1.4 |
| Change in fair value of warrants | -63.9 | -1.2 | 100.3 | | | | | |
| Other | | | -10.3 | | 2.5 | | 2.0 | 0.0 |
| Pre-tax income | -440.7 | -345.0 | -276.7 | -109.2 | -329.6 | -38.1 | -72.2 | -7.8 |
| Income taxes | -6.5 | -9.0 | -5.6 | -8.4 | -8.5 | -2.0 | -4.5 | 0.0 |
| Tax rate | 1.5% | 2.6% | 2.0% | 7.6% | 2.6% | 5.4% | 6.2% | 0.0% |
| Minority interest | 42.7 | 31.4 | | 1.7 | | -11.1 | | |
| Net income | -476.8 | -367.4 | -271.1 | -102.5 | -321.2 | -25.0 | -67.7 | -7.8 |
| Net margin | -75.9% | -71.6% | -128.8% | -25.3% | -192.3% | -14.0% | -157.0% | -38.0% |
| |
| Basic EPS [+] | ($0.99) | ($1.36) | ($2.15) | ($0.47) | ($3.20) | ($0.12) | ($0.82) | ($0.10) |
| Growth | -27.3% | 187.3% | -32.7% | 285.5% | 291.9% | | 683.6% | -0.9% |
| Diluted EPS [+] | ($0.99) | ($1.36) | ($2.15) | ($0.47) | ($3.20) | ($0.12) | ($0.82) | ($0.10) |
| Growth | -27.3% | 187.3% | -32.7% | 285.5% | 291.9% | | 683.6% | -0.9% |
| |
| Shares outstanding (basic) [+] | 481.2 | 269.5 | 126.0 | 216.2 | 100.5 | 203.5 | 83.0 | 75.0 |
| Growth | 78.5% | 24.7% | 25.5% | 6.2% | 21.0% | | 10.7% | 0.0% |
| Shares outstanding (diluted) [+] | 481.2 | 269.5 | 126.0 | 216.2 | 100.5 | 203.5 | 83.0 | 75.0 |
| Growth | 78.5% | 24.7% | 25.5% | 6.2% | 21.0% | | 10.7% | 0.0% |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |