The Company has entered into certain agreements in several states with various entities related to the purchase and operation of cannabis dispensary, cultivation, and production licenses, and has determined these to be VIEs for which it is the primary beneficiary and/or holds a controlling voting equity position. The Company consolidated these variable interest entities through June 3, 2026. In connection with the Deconsolidation Transaction described in Note 5. Disposition, the Company ceased to be the primary beneficiary of certain of these entities and deconsolidated them. Accordingly, the entities are not included in the Company's condensed consolidated balance sheet as of September 30, 2026. The Company's condensed consolidated results of operations include the operating results of these entities through the deconsolidation date.

As of September 30, 2026, the Company has one remaining consolidated VIE of which it holds an ownership interest of 49%. The table below presents the summarized assets and liabilities of the Company's consolidated VIEs as of the dates indicated. Amounts related to VIEs deconsolidated in connection with the Deconsolidation Transaction are not included as of September 30, 2026. The balances presented include only the assets and liabilities of the consolidated VIEs and exclude intercompany balances and transactions eliminated in consolidation.


	September 30, 2026		December 31, 2025

	(in thousands)
Current assets:
Cash	$	—	$	2,373
Accounts receivable, net	—		2,961
Inventories	—		5,822
Prepaid expenses	76		406
Other current assets	—		122
Total current assets	76		11,684
Property and equipment, net	416		11,835


Intangible assets, net	—		1,857
Other assets	457		394
Total assets	$	949	$	25,770
Current liabilities:
Accounts payable and accrued liabilities	$	—	$	1,527




Total current liabilities	—		1,527





Total liabilities	$	—	$	1,527