v3.26.1
10-Q Segment reporting - Schedule of financial information by reportable segment (Details) - USD ($)
$ in Thousands
 3 Months Ended 12 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Segment Reporting, Entity-Wide Information Not Provided as Part of Reportable Segment, Geographical Area, Revenue and Long-Lived Asset [Line Items]          
Total revenues, net $ 324,231 $ 306,624 $ 1,268,135 $ 1,334,299 [1] $ 1,336,375 [1]
Cost of goods sold 166,941 151,058 637,113 693,522 [1] 726,794 [1]
Total selling, general and administrative expense 122,870 110,818 464,178 444,230 [1] 432,787 [1]
Depreciation and amortization 33,667 35,382      
Adjusted EBITDA 63,413 66,094 274,674 303,285 300,159
Capital expenditures 16,985 16,077 63,440 92,438 65,441
Retail revenues          
Segment Reporting, Entity-Wide Information Not Provided as Part of Reportable Segment, Geographical Area, Revenue and Long-Lived Asset [Line Items]          
Total revenues, net 231,109 230,702 922,582 1,032,762 1,096,174
Wholesale revenues          
Segment Reporting, Entity-Wide Information Not Provided as Part of Reportable Segment, Geographical Area, Revenue and Long-Lived Asset [Line Items]          
Total revenues, net 89,801 74,281 332,239 295,569 234,646
Management fee income          
Segment Reporting, Entity-Wide Information Not Provided as Part of Reportable Segment, Geographical Area, Revenue and Long-Lived Asset [Line Items]          
Total revenues, net 3,321 1,641 13,314 5,968 [1] 5,555 [1]
Domestic          
Segment Reporting, Entity-Wide Information Not Provided as Part of Reportable Segment, Geographical Area, Revenue and Long-Lived Asset [Line Items]          
Total revenues, net 276,987 271,704 1,095,657 1,228,749 1,275,368
Cost of goods sold 139,732 133,231 541,458 631,785 688,328
Total selling, general and administrative expense 105,819 98,015 400,813 402,658 402,560
Depreciation and amortization 28,061 30,009      
Adjusted EBITDA 58,969 60,671 251,384 297,362 305,490
Capital expenditures 14,297 14,935 50,043 81,891 62,679
Domestic | Retail revenues          
Segment Reporting, Entity-Wide Information Not Provided as Part of Reportable Segment, Geographical Area, Revenue and Long-Lived Asset [Line Items]          
Total revenues, net 215,223 219,644 868,732 994,715 1,075,103
Domestic | Wholesale revenues          
Segment Reporting, Entity-Wide Information Not Provided as Part of Reportable Segment, Geographical Area, Revenue and Long-Lived Asset [Line Items]          
Total revenues, net 61,516 51,824 226,334 232,491 197,640
Domestic | Management fee income          
Segment Reporting, Entity-Wide Information Not Provided as Part of Reportable Segment, Geographical Area, Revenue and Long-Lived Asset [Line Items]          
Total revenues, net 248 236 591 1,543 2,625
International          
Segment Reporting, Entity-Wide Information Not Provided as Part of Reportable Segment, Geographical Area, Revenue and Long-Lived Asset [Line Items]          
Total revenues, net 47,244 34,920 172,478 105,550 61,007
Cost of goods sold 27,209 17,827 95,655 61,737 38,466
Total selling, general and administrative expense 17,051 12,803 63,365 41,572 30,227
Depreciation and amortization 5,606 5,373      
Adjusted EBITDA 4,444 5,423 23,290 5,923 (5,331)
Capital expenditures 2,688 1,142 13,397 10,547 2,762
International | Retail revenues          
Segment Reporting, Entity-Wide Information Not Provided as Part of Reportable Segment, Geographical Area, Revenue and Long-Lived Asset [Line Items]          
Total revenues, net 15,886 11,058 53,850 38,047 21,071
International | Wholesale revenues          
Segment Reporting, Entity-Wide Information Not Provided as Part of Reportable Segment, Geographical Area, Revenue and Long-Lived Asset [Line Items]          
Total revenues, net 28,285 22,457 105,905 63,078 37,006
International | Management fee income          
Segment Reporting, Entity-Wide Information Not Provided as Part of Reportable Segment, Geographical Area, Revenue and Long-Lived Asset [Line Items]          
Total revenues, net $ 3,073 $ 1,405 $ 12,723 $ 4,425 $ 2,930
[1]
(1) Amounts reported in the Company’s Annual Financial Statements for the years ended December 31, 2023 have been recast to reflect reclassification of Missouri and Hemp-derived THC operations as discontinued operations.