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Revenues
 3 Months Ended
Mar. 31, 2025
Revenue from Contract with Customer [Abstract]  
Revenues

3. REVENUES

The Company’s produce and cannabis revenue transactions consist of a single performance obligation to transfer promised goods at a fixed price. Quantities to be delivered to the customer are determined at a point near the date of delivery through purchase orders received from the customer. The Company recognizes revenue when it has fulfilled a performance obligation, which is typically when the customer receives the goods. Revenue is measured as the amount of consideration the Company expects to receive in exchange for transferring the goods. The amount of revenue recognized is measured at the fair value of the consideration received or receivable, reduced for excise duty, returns, and other customer credits, such as trade discounts and volume rebates. Payment terms are consistent with terms standard to the markets the Company serves.

The following table disaggregates the Company’s net revenue by major source for the three months ended:

Classification

 

March 31, 2025

 

 

March 31, 2024

 

Cannabis:

 

 

 

 

 

 

Branded (1)

 

$

22,761

 

 

$

29,020

 

Non-Branded

 

 

6,279

 

 

 

6,478

 

International

 

 

5,388

 

 

 

1,499

 

Other

 

 

409

 

 

 

449

 

U.S. Cannabis

 

 

3,904

 

 

 

4,537

 

Netherlands Cannabis

 

 

486

 

 

 

0

 

Produce

 

 

37,421

 

 

 

36,094

 

Clean Energy

 

 

426

 

 

 

—

 

Total Revenue

 

$

77,074

 

 

$

78,077

 
(1)
Branded revenues are shown net of excise tax on products. For the three months ended March 31, 2025 and 2024 excise tax on products was $13,947 and $19,703, respectively.