Ann: Acquisition Delivers $16m to Balance Sheet & MC Strategy, page-17

This is what interests me:

Having been advised of the costs of constructing the Southport Manufacturing Facility by its previous owner, THC has assessed the replacement value to be in the range of $35 million, and has insured the property on that basis. The Board may revisit the valuation as the Company ramps up into revenue generating full scale pharma-grade production in the near term.

This was a bargain basement purchase by Management.  Congrats
Smart business there.
Once all the weed and stock are in situ they will have to up the insurance.
That won’t be far off IMO