Annual report pursuant to Section 13 and 15(d)

Inventories

v3.24.1
Inventories
12 Months Ended
Dec. 31, 2023
Inventories  
Inventories

4. Inventories

The Company’s inventories consisted of the following:

    

December 31, 2023

    

December 31, 2022

Raw Material - cannabis plants

$

2,651

$

3,383

Raw Material - other materials

483

763

Work in progress

13,380

11,268

Finished goods

14,758

34,779

Supplies and accessories

1,636

2,716

Total Inventories

$

32,908

$

52,909

During 2023, the Company shifted its sales and operation strategies. As a result, during the year ended December 31, 2023, the Company recorded total inventory adjustments of $7,554. During the year ended December 31, 2022, the Company recorded inventory adjustments of $1,034. These amounts are included in cost of goods sold on the consolidated statements of operations and comprehensive loss.