RYTHM adds Señorita brand to Green Thumb license; 2026 annual fee set at $64.25M

RYTHM, Inc.

Amendment No. 2 to the Aug. 27, 2025 Trademark and Recipe License Agreement adds the Señorita brand IP to what Green Thumb's GTI Core licenses from RYTHM unit VCP IP Holdings.
2026 annual fee set at $64,250,000, payable monthly at $5,354,166.67; base licensing fees rise $250,000 per year for the added Señorita rights.
2027 example: a 2.4% published CPI rate means a 4.8% CPI adjustment, raising the annual fee by $3,084,000 to $67,334,000.
RYTHM retains exclusive rights to commercialize Señorita outside state-regulated dispensary channels if federal hemp-THC law permits; GTI Core is limited to dispensary channels.
Green Thumb indirectly owns ~32% of RYTHM with rights to reach ~90%; Green Thumb CEO Benjamin Kovler is RYTHM Chairman and Interim CEO.

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