XML 36 R11.htm IDEA: XBRL DOCUMENT v3.23.1
Inventories
12 Months Ended
Dec. 31, 2022
Inventories  
Inventories

Note 5 – Inventories

Inventories consist of the following:

​

​

​

​

​

​

​

​

​

    

As of

​

​

December 31, 2022

    

December 31, 2021

Raw materials

​

​

​

​

 

​

Cannabis

​

$

43,054

​

$

67,505

Non-Cannabis

​

​

17,258

​

​

20,104

Total raw materials

​

​

60,312

​

​

87,609

​

​

​

​

​

​

​

Work-in-process

​

 

118,997

​

 

91,001

Finished goods

​

 

74,317

​

 

71,646

Transferred to assets held for sale

​

​

(2,983)

​

​

(2,110)

Inventories, net

​

$

250,643

​

$

248,146

​

d

During the year ended December 31, 2022, the Company recorded a write down of $81.3 million in Cost of goods sold in the Consolidated Statement of Operations related to aged, obsolete, or unsellable inventories; inventory that did not meet the Company’s quality standards; and inventory whose carrying value exceeded the estimated NRV.

During the year ended December 31, 2021 the company recorded write down charges of $20.1 million related to aged, obsolete, or unsellable inventories.