Inventories

9 Months Ended

Sep. 30, 2026

Inventory Disclosure [Abstract]

Inventories

Note 8 — Inventories

Inventories consist of the following as of September 30, 2026 and December 31, 2025:

	As of
	September 30, 2026		December 31, 2025
Raw materials:
Cannabis	$	54,110	$	38,885
Non-Cannabis	21,447		20,029
Total raw materials	75,557		58,914
Work-in-process	55,720		67,996
Finished goods	108,591		98,112
Inventories	$	239,868	$	225,022

As of September 30, 2026 and December 31, 2025, the Company's inventory reserve, which is recognized within Inventories on the Condensed Consolidated Balance Sheets (Unaudited), was as follows:

	As of
	September 30, 2026		December 31, 2025
Inventory reserve	$	(9,042)	$	(10,223)

For the three and nine months ended September 30, 2026 and 2025, inventory write-downs recognized within Cost of goods sold on the Condensed Consolidated Statements of Operations (Unaudited) totaled:

	Three months ended September 30,				Nine months ended September 30,
	2026		2025		2026		2025
Inventory write-downs	$	(643)	$	(660)	$	(2,791)	$	(1,011)