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REPORTABLE SEGMENTS AND REVENUE
 9 Months Ended
Sep. 30, 2025
Segment Reporting [Abstract]  
REPORTABLE SEGMENTS AND REVENUE REPORTABLE SEGMENTS AND REVENUE
The Company operates under one operating segment, which is its only reportable segment: the production and sale of cannabis products. All of the Company’s operations are located in the United States. The Company’s chief operating decision maker (“CODM”), the Chief Executive Officer, manages the business and makes operating decisions at the consolidated level. Accordingly, our CODM uses consolidated operating profit and net income (loss) to measure segment profit or loss, allocate resources, and assess operating performance. Further, the CODM reviews and utilizes functional expenses, such as general and administrative expenses, at the consolidated level to manage the Company’s operations. Other segment items included in consolidated net income (loss) that are reflected in the Consolidated Statements of Operations are: interest expense; other expense, net; and income tax expense. Refer to Note 17, “Supplemental Information,” for additional information regarding our general and administrative expenses.
Disaggregation of Revenue
The Company disaggregates its revenue from the direct sale of cannabis to customers as retail revenue and wholesale revenue. We have determined that disaggregating revenue into these categories best depicts how the nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factors.
Three Months Ended
September 30,		Nine Months Ended
September 30,
(in thousands)2025202420252024
Retail revenue$83,784 $93,599 $254,595 $281,882 
Third-party wholesale revenue
40,950 48,048 125,440 143,711 
Total revenue, net$124,734 $141,647 $380,035 $425,593 
The liability related to the loyalty program we offer dispensary customers at certain locations was $1,598 and $1,394 at September 30, 2025 and December 31, 2024, respectively, and is included within “Other current liabilities” on the unaudited Condensed Consolidated Balance Sheets. The Company recorded $2,116 and $2,119 in allowance for doubtful accounts as of September 30, 2025 and December 31, 2024, respectively. Write-offs were not significant during the three and nine months ended September 30, 2025 and 2024.