RYTHM amends license agreements with Green Thumb, securing $70M annual fixed fee

RYTHM, Inc.

Effective April 1, 2026, Green Thumb will pay RYTHM an aggregate fixed annual cash fee of $70 million under amended license agreements.
Amendments convert variable monthly fees to fixed annual fees for brands including RYTHM, incredibles, Beboe, Dogwalkers, etc.
Annual fee subject to CPI-based escalator capped at 10% year-over-year increase; amendments ensure Nasdaq listing compliance.
Ben Kovler, Chairman and Interim CEO, states predictable long-term revenue supports RYTHM’s Nasdaq listing and shareholder value.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

RYTHM, Inc. amended May 2025 License Agreement Amendment with GTI Core, LLC valued at annual cash fee of $6.0 million (effective 2026-03-31).

Action: amendment
Agreement: license
Counterparty: GTI Core, LLC
Value: annual cash fee of $6.0 million
Effective: 2026-03-31

Exact text from the filing

On March 31, 2026, MC Brands and GTI Core entered into an amendment to the May 2025 License Agreement (the “May 2025 License Agreement Amendment”).

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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

RYTHM, Inc. amended August 2025 License Agreement Amendment with GTI Core, LLC valued at annual cash fee of $64.0 million (effective 2026-03-31).

Action: amendment
Agreement: license
Counterparty: GTI Core, LLC
Value: annual cash fee of $64.0 million
Effective: 2026-03-31

Exact text from the filing

On March 31, 2026, VCP and GTI Core entered into an amendment to the August 2025 License Agreement (the “August 2025 License Agreement Amendment”).

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RYTHM, Inc. filing history →

Source: SEC EDGAR

accession 0001213900-26-037996

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