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FAIR VALUE MEASUREMENT (Tables)
 6 Months Ended
Jun. 30, 2022
Fair Value Disclosures [Abstract]  
Financial instruments measured at fair value on a recurring basis
The following table sets forth the Company’s financial instruments that were measured at fair value on a recurring basis at June 30, 2022 and December 31, 2021, by level within the fair value hierarchy:

June 30, 2022

Level 1Level 2Level 3Total
Financial assets:
Stanley Brothers USA Holdings Purchase Option$—$—$13,100 $13,100 

December 31, 2021

Level 1Level 2Level 3Total
Financial assets:
Stanley Brothers USA Holdings Purchase Option$—$—$13,000 $13,000 
Measurement inputs The following additional assumptions are used in the model of the SBH Purchase Option:
June 30,  December 31,
 20222021
Expected volatility
90.0%92.5%
Expected term (years)
3.23.7
Risk-free interest rate
3.0%1.1%
Weighted average cost of capital
40.0%40%