v3.26.1
Subsequent events
6 Months Ended
Jun. 30, 2026
Subsequent Events [Abstract]  
Subsequent events Subsequent events
Acquisition-related activity
On July 16, 2026, the Company entered into definitive agreements to acquire certain cannabis retail operations for aggregate consideration of approximately $13.0 million, subject to customary purchase price adjustments. The transactions are subject to customary closing conditions, including receipt of required regulatory approvals, and had not closed as of the date these Condensed Consolidated Financial Statements (Unaudited) were issued. There can be no assurance that the acquisitions will be completed on the terms currently contemplated, or at all. Concurrently with the execution of the acquisition agreements, the Company entered into management agreements with the acquired businesses pursuant to which the Company will provide certain management and operational services pending the closing of the transactions. The Company is currently evaluating the accounting and disclosure implications of these transactions.

On July 1, 2026, the Company completed the acquisition of RC Retail 2 pursuant to the previously disclosed option and purchase arrangements with Riviera Creek Holdings, LLC. As RC Retail 2 was consolidated by the Company prior to the acquisition as a VIE, the transaction is not expected to have a material impact on the Company's Condensed Consolidated Financial Statements (Unaudited). The Company is evaluating the final accounting and disclosure implications of the transaction.