v3.25.1
Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2024
Accounting Policies [Abstract]  
Schedule of Revenues From External Customers and Long Lived Assets by Geographical Areas
The following table lists the states where the revenue represented 10% or more of the total revenue in the Company’s consolidated statement of operations:
 
    
December 31, 2024
   
December 31, 2023
   
December 31, 2022
 
Colorado
     18.0     17.0     18.4
Ohio
     13.6     *       *  
Virginia
     17.1     16.5     10.4
New Jersey
     11.0     10.0     *  
Schedule of Estimated Useful Lives of Property and Equipment
Depreciation is calculated on a straight-line basis over the estimated useful life of the asset using the following terms and methods:
 
    
Estimated Useful life
 
Buildings
     40 years  
Furniture and fixtures
     5 years  
Equipment
     5 years  
Computers and software
     3 years  
Leasehold improvements
     Shorter of the life of the lease or economic life  
Summary of Estimated Useful Lives of Definite Life Intangible Assets Amortization of definite life intangible assets is recognized on a straight-line basis over their estimated useful lives, which do not exceed the contractual period, if any, as follows:
 
    
Estimated Useful life
 
Licenses and Permits
    
10-15 years
 
Trademarks and Tradenames
    
5-10 years
 
Customer relationships
    
5-7 years
 
Schedule of Revenues Disaggregated
The Company’s revenues are disaggregated as follows:
 
    
Year Ended
 
    
December 31,
2024
    
December 31,
2023
    
December 31,
2022
 
Dispensary
   $ 389,287    $ 448,771    $ 438,879
Cultivation and wholesale
     69,435      62,526      72,580
Other
     —         30      119
  
 
 
    
 
 
    
 
 
 
   $ 458,722    $ 511,327    $ 511,578