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FAIR VALUE MEASUREMENT (Tables)
 12 Months Ended
Dec. 31, 2023
Fair Value Disclosures [Abstract]  
Schedule of 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 December 31, 2023 and 2022, by level within the fair value hierarchy:

December 31, 2023

Level 1Level 2Level 3Total
Financial assets:
Stanley Brothers USA Holdings purchase option$—$—$1,730$1,730 
Debt interest rate conversion feature——872872 
Total Financial Assets$—$—$2,602$2,602
Investment in unconsolidated entity:$—$—$11,000$11,000
Financial Liabilities:
Debt conversion option$—$3,213$—$3,213 

December 31, 2022

Level 1Level 2Level 3Total
Financial assets:
Stanley Brothers USA Holdings purchase option$—$—$2,300$2,300 
Debt interest rate conversion feature——1,3201,320 
Total Financial Assets$—$—$3,620$3,620
Financial Liabilities:
Debt conversion option$—$12,995$—$12,995 
Schedule of Measurement Inputs
The following additional assumptions are used in the model:
December 31,
 2023
Expected term (years)
6.27
Volatility70.0%
Risk-free interest rate3.9%
Expected dividend yield—%
Discount for lack of marketability20.0%
The following additional assumptions are used in the model:
Year Ended December 31,
 20232022
Stated interest rate5.0%5.0%
Adjusted interest rate1.5%1.5%
Implied debt yield11.0%8.6%
Federal regulation probabilityvarious15.0%
Year of eventvarious2025
The following table provides the assumption regarding Level 2 fair value measurements inputs at their measurement dates:
Year Ended December 31,
 20232022
Expected volatility
87.4%86.7%
Expected term (years)
 5.96.9
Risk-free interest rate
3.9%4.0%
Expected dividend yield
—%—%
Value of underlying share
C$0.27C$0.73
Exercise priceC$2.00C$2.00
Year Ended December 31,
 20232022
Expected volatility
125.0%115.0%
Expected term (years)
2.22.7
Risk-free interest rate
4.2%4.3%
Weighted average cost of capital
50.6%40.0%