Highest-materiality recent filing
Green Thumb to consolidate RYTHM after removing 49.99% ownership caps on $72M notes and warrants
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 Q2 revenue $306.7M (+4.6% YoY); GAAP net income $4.9M vs loss; Normalized EBITDA $84.3M
Revenue $306.7M, up 4.6% YoY; GAAP net income $4.9M ($0.02/share) vs net loss of $0.6M in prior year.
Revenue $300.2M (+7.4% YoY), GAAP net income $15.4M ($0.07/share), normalized EBITDA $93.5M (31.2% revenue).
Fixed annual cash fees of $70M collectively for license rights to RYTHM, incredibles, Beboe, Dogwalkers, Doctor Solomon's, &Shine, and Good Green brands.
Green Thumb Q4 revenue $311M (+5.7% YoY); net income $83.2M; guides Q1 down mid-single digits
Revenue of $311.1M (+5.7% YoY); full-year revenue $1.2B (+3.4%).
Green Thumb Industries adds $50M in term loans via credit agreement amendment
GTI23, subsidiary of Green Thumb Industries, entered Amendment No. 1 to credit agreement on Feb 19, 2026.
Green Thumb Q3 revenue $291.4M, up 1.6% YoY; adj. EBITDA $80.2M, 27.5% margin
Revenue $291.4M (+1.6% YoY); net income $23.3M ($0.10 EPS) including $13.6M one-time gain on IP sale.
Green Thumb sold VCP IP Holdings (brands: RYTHM, Beboe, Dogwalkers, Doctor Solomon's, &Shine, Good Green) for $50M cash.
Green Thumb Q2 revenue $293M (+4.7% YoY), net loss $0.65M; adj EBITDA $82.7M
Revenue $293.3M, +4.7% YoY; retail revenue +0.3%, CPG revenue +8.4%.
Green Thumb Q1 2025: Revenue $280M (+1%), net income $8.3M vs $31.1M prior year
Revenue $280M (+1% YoY); GAAP net income $8.3M ($0.04 per share) vs $31.1M ($0.13) in Q1 2024.
Green Thumb Q4 revenue $294M (+6% YoY), net income $13M, adj. EBITDA $98M (33% margin)
Q4 revenue $294M, up 6% YoY; GAAP net income $13M ($0.05 basic EPS); adjusted EBITDA $98M (33.2% margin).
Green Thumb Q3 revenue $287M (+4% YoY), Adjusted EBITDA $89M; new $150M credit facility
Revenue $286.9M (+4.2% YoY); net income $8.6M ($0.04 EPS).
Green Thumb closes $150M syndicated credit facility at SOFR+5% to refinance $225M debt
Closes $150M 5-year syndicated credit facility led by Valley National Bank; rate SOFR + 5% with 1% floor.
Green Thumb Q2 revenue $280M (+11% YoY), net income $21M, adj EBITDA $94M
Q2 revenue $280M (+11% YoY); GAAP net income $21M ($0.09/share) vs $13.4M ($0.05).
Green Thumb Q1 revenue $276M (+11% YoY); net income $31M up 240% from Q1 2023
Revenue $275.8M (+11% YoY); GAAP net income $31.1M ($0.13/share) vs $9.1M prior year.
Q4 revenue $278M (+7% YoY); GAAP net income $3M ($0.01/sh) vs net loss $51M a year ago.
Green Thumb Q3 revenue $275M record; GAAP net income $11M, adjusted EBITDA $83M
Revenue of $275M, up 9% sequentially and 5.4% YoY; GAAP net income $0.05 per share.
Green Thumb Q2 revenue $252M, net income $13M, adjusted EBITDA $76M
Revenue $252.4M, down 1% YoY but up 2% sequentially; CPG gross revenue up 12.8% YoY.
Green Thumb Q1 revenue up 2% to $249M; net income falls to $9M from $28.9M
Revenue of $248.5M, up 2.4% YoY; retail revenue up 9.4% and comparable sales up 6.3% on 73 stores.
Green Thumb Q4 GAAP net loss $51M; full-year revenue tops $1B, up 14% YoY
Q4 revenue $259M (+6% YoY); full-year revenue $1.0B (+14% YoY).
Green Thumb Q3 revenue $261M (+12% YoY); Adj. EBITDA $84.5M, both records
Revenue $261.2M, up 2.7% sequentially and 11.8% YoY; YTD revenue $758M up 17%.
Green Thumb board shake-up: three directors resign over policy dispute; new board members appointed
Directors Glen Senk, William Gruver, and Dorri McWhorter resigned Oct 4 due to disagreement over personal misconduct policies, not financials.
Green Thumb Q2 revenue $254.3M (+14.6% YoY); net income $24.4M, adjusted EBITDA margin 31%.
Revenue $254.3M (+4.8% sequentially, +14.6% YoY); eighth consecutive quarter of positive GAAP net income ($24.4M).
Green Thumb Q1 revenue up 25% to $243M; net income $29M, launches NJ adult-use
Revenue $242.6M (+25% YoY), flat sequentially; net income $28.9M ($0.12/share) vs $10.4M ($0.05) YoY.
Green Thumb Q4 revenue $243.6M (+37% YoY), net income $22.8M; FY revenue $893.6M (+61%)
Q4 2021 revenue of $243.6M, up 37.4% YoY and 4.2% sequentially.
Green Thumb Q3 revenue up 49% YoY to $234M; GAAP net income $20.2M
Revenue $233.7M (+48.7% YoY); GAAP net income $20.2M ($0.08 diluted EPS).
Green Thumb Q2 revenue $222M (+85% YoY); net income $22.1M; adjusted EBITDA $79.3M
Revenue $221.9M, up 14.1% sequentially and 85.4% YoY; net income $22.1M ($0.10 EPS).
On December 5, 2023, Richard Drexler notified Green Thumb Industries Inc. (the “Company”) that he was retiring from his role as a director of the Company effective December 8, 2023.
Effective September 20, 2023, the Board of Directors (the “Board”) of Green Thumb Industries Inc. (the “Company”) increased its number of directors from seven to nine and appointed Richard Reisin and Hannah B. Ross as directors of the Company, to serve in such capacity until the Company’s 2024 Annual General Meeting of Shareholders or until his or her respective successor is elected and qualified, or until his or her respective earlier resignation, retirement or removal.
Effective September 20, 2023, the Board of Directors (the “Board”) of Green Thumb Industries Inc. (the “Company”) increased its number of directors from seven to nine and appointed Richard Reisin and Hannah B. Ross as directors of the Company, to serve in such capacity until the Company’s 2024 Annual General Meeting of Shareholders or until his or her respective successor is elected and qualified, or until his or her respective earlier resignation, retirement or removal.
Effective April 27, 2023, the Board of Directors (the “Board”) of Green Thumb Industries Inc. (the “Company”) increased its number of directors from six to seven and appointed Ethan Nadelmann as a director of the Company, to serve in such capacity until the Company’s 2023 Annual General Meeting of Shareholders and until his successor is elected and qualified, or until his earlier resignation, retirement or removal.
Mathew Faulkner, age 49, the Company’s current Chief Accounting Officer, had been promoted to Chief Financial Officer, also effective January 1, 2023.
On December 13, 2022, the Company announced that Anthony Georgiadis, age 44, the Company’s current Chief Financial Officer and a member of its Board, had been promoted to the position of President effective January 1, 2023
On October 4, 2022, Beth Burk, General Counsel and Corporate Secretary of the Company, informed the Company of her resignation effective October 4, 2022.
On October 4, 2022, Glen Senk, William Gruver and Dorri McWhorter informed the Company that they resigned as members of the Board, including from their roles on the committees of the Board, effective upon receipt of their resignations by the Company on October 4, 2022.
On October 4, 2022, Glen Senk, William Gruver and Dorri McWhorter informed the Company that they resigned as members of the Board, including from their roles on the committees of the Board, effective upon receipt of their resignations by the Company on October 4, 2022.
On October 4, 2022, Glen Senk, William Gruver and Dorri McWhorter informed the Company that they resigned as members of the Board, including from their roles on the committees of the Board, effective upon receipt of their resignations by the Company on October 4, 2022.
Also on October 5, 2022, the Board appointed Jeff Goldman as a director of the Company, to serve in such capacity until the Company’s2023 Annual General Meeting of Shareholders and until his successor is elected and qualified, or until his earlier resignation, retirement or removal.
On October 5, 2022, the Board of Directors (the “Board”) of Green Thumb Industries Inc. (the “Company”) appointed Richard Drexler as a director of the Company, to serve in such capacity until the Company’s 2023 Annual General Meeting of Shareholders and until his successor is elected and qualified, or until his earlier resignation, retirement or removal.
Max materiality 0.85 · Median 0.65 · Most common event earnings