secwatch.observer — SEC 8-K summary
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Issuer:     Green Thumb Industries Inc. (GTBIF)
CIK:        0001795139
Form:       8-K
Filed at:   2022-08-03T23:59:59+00:00
Accession:  0001193125-22-211261
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Green Thumb Q2 revenue $254.3M (+14.6% YoY); net income $24.4M, adjusted EBITDA margin 31%.
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- Revenue $254.3M (+4.8% sequentially, +14.6% YoY); eighth consecutive quarter of positive GAAP net income ($24.4M).
- Adjusted EBITDA $78.7M, 31% margin, up 17.4% sequentially; gross margin 49.5% vs 55.4% YoY.
- Growth driven by New Jersey adult-use sales, 19 more stores YoY, and continued strength in Illinois.
- Cash flow from operations $39.9M year-to-date; SG&A 25% of revenue, down from 32.5% YoY.
- Maintains strong balance sheet; all 15 state markets contributed to revenue.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1795139/000119312522211261/0001193125-22-211261-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1795139/000119312522211261/d387691d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-211261

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer