v3.26.3
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, 2026December 31, 2025
Raw materials:
Cannabis$54,110 $38,885 
Non-Cannabis21,447 20,029 
Total raw materials75,557 58,914 
Work-in-process55,720 67,996 
Finished goods108,591 98,112 
Inventories$239,868 $225,022 
As of September 30, 2026 and December 31, 2025, the Company's inventory reserve, which is recognized within Inventories on the Condensed Consolidated Balance Sheets (Unaudited), was as follows:
As of
September 30, 2026December 31, 2025
Inventory reserve$(9,042)$(10,223)
For the three and nine months ended September 30, 2026 and 2025, inventory write-downs recognized within Cost of goods sold on the Condensed Consolidated Statements of Operations (Unaudited) totaled:
Three months ended September 30, Nine months ended September 30,
2026202520262025
Inventory write-downs$(643)$(660)$(2,791)$(1,011)