GRUSF: the cash flow

Interest expense

-

150,331

Accretion expense (notes 13,14,15)

-

1,234,423

Effect of foreign exchange on cash and cash equivalents

-

0

4,024

Realized loss on warrant liability (note 17)

-

0

Other income

-

0

165,743

Loss on disposal of property and equipment

-

0

Realized (gain) loss on derivative liability

-

0

5,859,744

Net income (loss)

-1,481,024

-2,213,391

3,229,957

Depreciation of property and equipment

65,650

91,162

702,258

Depreciation of property and equipment included in costs of finished cannabis inventory sold

754,507

822,531

2,140,694

Lease costs included in costs of finished cannabis inventory sold

343,082

199,415

549,964

Share-based compensation

149,087

154,994

2,393,994

Interest expense (note 11, 12)

429,240

549,980

-

Interest income

42,657

42,187

149,149

Unrealized (gain) loss on derivative liability

82,006

66,377

44,917

Unrealized loss on warrant asset

-556,583

-2,191,084

247,477

Unrealized gain on warrant liability

337,167

-770,714

-

Loss on equity investment in associate

-193,593

-99,657

-452,962

Deferred income taxes

149,075

-421,318

-830,655

Changes in operating assets and liabilities (note 18)

341,044

1,939,688

12,897

Net cash provided by (used in) operating activities

1,713,341

2,534,524

3,569,795

Repayment of notes receivable

-

0

Investment in abco garden state, llc

-

0

Cash acquired on investment in abco garden state, llc

-

0

Purchase of property and equipment

2,981,359

2,517,414

4,659,006

Acquisition of golden harvests llc

-

-437,375

Acquisition of canopy management, llc

-

-173,157

Dividend issued from golden harvests, llc to minority owner

-

115,000

Advance of notes receivable

-

250,000

Payments of business acquisition consideration payable

220,789

157,199

-

Advance on purchase of remaining rogue ebc, llc equity interest

-

1,235,855

Investment in rogue ebc, llc equity interest

215,000

200,000

-

Net cash used in investing activities

-3,417,148

-2,874,613

-6,870,393

Preferred share issuance costs

-

0

-

Debt issuance costs

-

0

739,313

Proceeds from exercise of warrants

-

0

Payment of interest on convertible debentures

-

0

79,755

Proceeds from sale of units of subsidiary

-

0

Sale of non-controlling interest in grma, net of issuance costs

0

2,985,000

-

Proceeds from exercise of stock options

0

21,839

406,944

Proceeds from long-term debt

500,000

12,630,345

Distributions to non-controlling interests in subsidiaries

150,000

85,156

-

Repayment of long-term debt

795,864

733,431

2,467,521

Repayment of finance lease

18,750

-

Net cash provided by financing activities

-464,614

2,669,502

9,750,700

Change in cash and cash equivalents

-2,168,421

2,329,413

6,454,126

Cash and cash equivalents, beginning of period

11,371,834

4,917,708

Cash and cash equivalents, ending of year

-

11,371,834

Cash and cash equivalents, end of period

11,532,826

13,701,247

-

MyFinsight

Cash Flow Overview

Time Plot

Cash Flow

Cash Flow Overview

Time Plot

Cash Flow