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Inventories
12 Months Ended
Dec. 31, 2022
Inventory Disclosure [Abstract]  
Inventories

4. INVENTORIES

 

Inventories consisted of the following:

 

Classification

 

December 31, 2022

 

 

December 31, 2021

 

Cannabis:

 

 

 

 

 

 

Raw materials

 

$

1,089

 

 

$

2,071

 

Work-in-process

 

 

10,872

 

 

 

5,056

 

Finished goods

 

 

36,094

 

 

 

32,161

 

Packaging

 

 

6,909

 

 

 

5,877

 

Produce and Energy:

 

 

 

 

 

 

Crop inventory

 

 

14,886

 

 

 

19,475

 

Purchased produce inventory

 

 

599

 

 

 

2,485

 

Spare parts inventory and packaging

 

 

133

 

 

 

1,552

 

Inventory

 

$

70,582

 

 

$

68,677

 

 

During the fourth quarter of 2022, the Company recognized $11,038 of inventory impairments relative to its net realizable value. There were no inventory impairments recognized for the years ended December 31, 2021 and 2020.