other material
confidence high
sentiment neutral
materiality 0.70
Green Thumb to consolidate RYTHM after removing 49.99% ownership caps on $72M notes and warrants
Green Thumb Industries Inc.
- Amendment effective Oct 10, 2026 removes beneficial ownership limits on $72M secured convertible notes and warrants for 9,731,638 RYTHM shares held by RSLGH.
- Green Thumb will consolidate RYTHM financial statements beginning Oct 10, 2026 solely due to amendment terms; no exercise intended.
- Benjamin Kovler serves as Chairman/CEO of Green Thumb and Chairman/Interim CEO of RYTHM; amendment approved at RYTHM stockholder meeting Aug 10, 2026.
- Amendments also cover shared services agreement warrants and future pre-funded warrants issued under the notes.