v3.21.2
Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 25,580,508 $ 2,999,053
Accounts receivable, net 8,706,467 6,675,512
Deferred rents receivable 1,747,803 1,940,181
Notes receivable, current portion 124,426 658,122
Inventory 10,993,963 6,830,571
Investments 419,803 1,357,193
Other current assets 2,213,348 582,589
Total current assets 49,786,318 21,043,221
Property and equipment, net 59,516,169 45,636,529
Intangibles, net 2,348,948 2,228,560
Investments 1,165,788
Notes receivable, less current portion 1,188,478 965,008
Right-of-use assets under operating leases 5,245,577 5,247,152
Right-of-use assets under finance leases 53,908 78,420
Other assets 97,951 80,493
Total assets 118,237,349 76,445,171
Current liabilities:    
Accounts payable 7,092,073 5,044,918
Accrued expenses 11,094,752 3,621,269
Sales and excise taxes payable 1,725,618 1,053,693
Debentures payable 1,032,448
Notes payable, current portion 9,705 8,859,175
Mortgages payable, current portion 1,412,545 1,387,014
Operating lease liabilities, current portion 1,097,008 1,008,227
Finance lease liabilities, current portion 30,288 38,412
Due to related parties 1,157,815
Other current liabilities 23,640
Total current liabilities 22,461,989 23,226,611
Notes payable, less current portion 925,871 10,682,234
Mortgages payable, less current portion 16,974,749 14,744,136
Operating lease liabilities, less current portion 4,717,933 4,822,064
Finance lease liabilities, less current portion 27,856 44,490
Other liabilities 100,200 100,200
Total liabilities 45,208,598 53,619,735
Mezzanine equity:    
Total mezzanine equity 37,725,000 14,725,000
Stockholders’ equity:    
Undesignated preferred stock, $0.001 par value; 38,875,451 and 45,091,667 shares authorized at September 30, 2021 and December 31, 2020, respectively; zero shares issued and outstanding at September 30, 2021 and December 31, 2020
Common stock, $0.001 par value; 700,000,000 and 500,000,000 shares authorized at September 30, 2021 and December 31, 2020, respectively; 331,545,220 and 314,418,812 shares issued and outstanding at September 30, 2021 and December 31, 2020, respectively 331,545 314,419
Common stock subscribed but not issued; 202,204 and 11,413 shares at September 30, 2021 and December 31, 2020, respectively 189,184 5,365
Additional paid-in capital 127,231,090 112,974,329
Accumulated deficit (90,883,748) (104,616,538)
Noncontrolling interests (1,564,320) (577,139)
Total stockholders’ equity 35,303,751 8,100,436
Total liabilities, mezzanine equity, and stockholders’ equity 118,237,349 76,445,171
Series B Convertible Preferred Stock [Member]    
Mezzanine equity:    
Total mezzanine equity 14,725,000 14,725,000
Series C Convertible Preferred Stock [Member]    
Mezzanine equity:    
Total mezzanine equity $ 23,000,000

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