other
confidence high
sentiment neutral
materiality 0.30
Green Thumb Industries issues 4.46M unregistered shares, exceeding 1% of outstanding
Green Thumb Industries Inc.
- Issued 4,215,466 subordinate voting shares to sellers of cannabis license companies (acquisitions not material).
- Issued 240,000 unregistered subordinate voting shares to resolve a business dispute.
- Total unregistered sales since March 31, 2021 exceeded 1% of shares outstanding as of May 1, 2021.
- Shares issued in reliance on Section 4(a)(2) and Rule 506 exemptions from registration.