RE:RE:RE:RE:Question: ACB & CRONThe timing of the impairment charge off the Goodwill is subject to market "assessment" of the reasonableness of the carrying value of the goodwill. We do not "amortize" Goodwill over a period of time, rather it is annually assessed. If ACB does not execute well, the overpayment made to LEAF will be impaired.
herewegobigboii wrote: why do you think they'll have an impairment charge on the goodwill? Impairment of goodwill requires the company to compare value in use (discounted future cash flows), and fair value less costs to sell. Value in use is based on estimates of future cash flows. Based off of general market predictions for the MJ sector, sales are going to grow quite quickly over the next decade. Given that information, and the subjectivity required in recording a goodwill impairment...how do you figure they'll do take an impairment on goodwill any time soon?