v3.26.1
Inventories
 6 Months Ended
Jun. 30, 2026
Inventory Disclosure [Abstract]  
Inventories
Note 8 — Inventories
Inventories consist of the following as of June 30, 2026 and December 31, 2025:
As of
June 30, 2026December 31, 2025
Raw materials:
Cannabis$43,764 $38,885 
Non-Cannabis24,366 20,029 
Total raw materials68,130 58,914 
Work-in-process56,525 67,996 
Finished goods120,069 98,112 
Inventories$244,724 $225,022 
As of June 30, 2026 and December 31, 2025, the Company's inventory reserve, which is recognized within Inventories on the Condensed Consolidated Balance Sheets (Unaudited), was as follows:
As of
June 30, 2026December 31, 2025
Inventory reserve$(10,285)$(10,223)
For the three and six months ended June 30, 2026 and 2025, inventory write-downs recognized within Cost of goods sold on the Condensed Consolidated Statements of Operations (Unaudited) totaled:
Three months ended June 30,Six months ended June 30,
2026202520262025
Inventory write-downs$(1,576)$(361)$(2,148)$(676)