Quarterly report pursuant to Section 13 or 15(d)

INTANGIBLE ASSETS (Tables)

v3.22.2.2
INTANGIBLE ASSETS (Tables)
 9 Months Ended
Sep. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Finite-Lived Intangible Assets The approximate useful lives for amortization of intangible assets are as follows:
Customer Relationships
3 to 5 years
Trademark and Patent
2 to 8 years
Dispensary Licenses
14 years
Intangible assets as of September 30, 2022 and December 31, 2021 consisted of the following:
(in thousands)
September 30, 2022 December 31, 2021
Estimated
Useful
Life in
Years 		Gross
Carrying
Amount 		Accumulated
Amortization		 Net
Carrying
Value 		Gross
Carrying
Amount 		Accumulated
Amortization		 Net
Carrying
Value
Amortizing Intangible Assets:
Customer Relationships
3 to 5
 $ 7,400  $ (7,400) $ —  $ 7,400  $ (7,400) $ — 
Trademarks and Patent
2 to 8
 4,500  (2,490) 2,010  4,500  (750) 3,750 
Operating Licenses 14 12,239  (12,239) —  100,701  (6,864) 93,837 
Total Amortizing Intangible Assets 24,139  (22,129) 2,010  112,601  (15,014) 97,587 
Non-Amortizing Intangible Assets:
Trade Name Indefinite 1,350  —  1,350  32,050  —  32,050 
Total Non-Amortizing Intangible Assets 1,350  —  1,350  32,050  —  32,050 
Total Intangible Assets, Net $ 25,489  $ (22,129) $ 3,360  $ 144,651  $ (15,014) $ 129,637