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Green Thumb Industries
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Retail cannabis products across multiple brands
Green Thumb Industries
Work Here?
Retail cannabis products across multiple brands
Overview
Green Thumb Industries (GTI) operates in the legal cannabis market, growing a family of brands that make edibles, flowers, and concentrates for adults 21+ and qualified medical patients. Its products are sold through its own national retail stores and other channels, with stores that educate customers through People Care Specialists who guide exploration of products. GTI differentiates itself with a diverse brand lineup, in-store education-focused experiences, and a focus on consistent quality, including products like incredibles confections that meet strict food industry standards. Its goal is to improve well-being and community support by providing accessible, high-quality cannabis products and informative retail experiences.
About Green Thumb Industries
Industries
Food & Agriculture
Industrial & Manufacturing
Healthcare
Consumer Goods
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
Chicago, Illinois
Founded
2014
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Simplify's Take
What believers are saying
- Q2 2026 revenue reached $306.7 million, up five percent year over year.
- September 21, 2026 authorized another $50 million buyback through September 2027.
- August 2026 openings in Florida and Nevada expand stores in limited-license markets.
What critics are saying
- Illinois patent lawsuits filed August 2026 threaten RYTHM and brand economics.
- Q2 2026 gross margin fell to 45% from 50% amid pricing pressure.
- Federal illegality blocks uplisting and cheap capital, trapping GTI on OTC markets.
What makes Green Thumb Industries unique
- RISE combines branded products and retail, unlike commodity-only cannabis peers.
- GTI stayed profitable in Q2 2026 with $29 million operating cash flow.
- Its national footprint spans 120-plus stores across fifteen U.S. cannabis markets.
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Funding
Total Funding
$398.6M
Above
Industry Average
Funded Over
6 Rounds
Benefits
Hybrid Work Options
Performance Bonus
Stock Price
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↑ 1%2 year growth
↑ 3%Green Thumb Industries defies industry trends with strong second quarter financials. September 29, 2026 Green Thumb Industries, a leading cannabis retailer, has bucked the trend in the industry by reporting strong financials in its second quarter. The company generated $306.7 million in revenue, $84.3 million in normalized earnings before interest, taxes, depreciation, and amortization (EBITDA), and $29 million in operating cash flow. Additionally, Green Thumb reported a net income of $4.9 million under Generally Accepted Accounting Principles (GAAP). This impressive performance is a rare feat in the U.S. cannabis industry, where many companies struggle to achieve consistent profitability and cash flow. Green Thumb's strong balance sheet provides the company with valuable financial flexibility, setting it apart from its competitors. Despite its strong financials, Green Thumb's market capitalization remains relatively low at around $1.7 billion. This may be due to the company's continued growth, which is expected to drive future success. As the U.S. cannabis industry continues to evolve, with potential federal reform on the horizon, Green Thumb is well-positioned to capitalize on these opportunities and achieve long-term upside.
Legal cannabis stocks show growth potential amid evolving US market and upcoming federal legalization. Market News 31 Aug 2026 MarijuanaStocks The US legal cannabis market is rapidly evolving with increasing mergers and acquisitions as federal legalization approaches. Key companies like Trulieve, Green Thumb Industries, and Jushi Holdings are expanding operations and enhancing market presence. Trulieve recently celebrated its NYSE listing, Green Thumb opened a new dispensary in Florida, and Jushi relocated a medical dispensary in Pennsylvania. These developments highlight growing opportunities for investors in the cannabis sector as it matures and gains legitimacy.
Green Thumb Industries has opened its 24th Florida location, RISE Dispensary Port St. Lucie, on 22 August. The cannabis retail chain now operates over 120 stores across the United States. Located at 2092 NW Courtyard Circle, the dispensary serves medical patients on Florida's Treasure Coast. It operates from 9am to 8pm Monday through Saturday and 11am to 6pm on Sundays. The store offers products from Green Thumb's portfolio, including RYTHM flower and concentrates, Dogwalkers pre-rolls, and Doctor Solomon's tinctures. A grand opening event is scheduled for 7 September. Following RISE's tradition, profits from the grand opening will benefit Arc of the Treasure Coast, a nonprofit supporting people with disabilities.
Newsbrief: Insurer sues Cresco over litigation coverage. By Alex Halperin 08/18/2026 09:04 PM GMT-0700 An insurer sued Cresco Labs arguing the large MSO's policy does not cover proposed class action suits which allege Cresco and rivals Green Thumb Industries and Verano made baseless claims about cannabis' health benefits when it has been linked to heart disease and mental illness. Palomar Excess & Surplus Insurance Company claims Cresco's general and product liability policies do not cover the lawsuit. Cresco has a policy of not commenting on active or threatened litigation. The lawsuit says Cresco contends that Palomar "has an obligation to defend...
Green Thumb Industries opened its 13th Nevada location, RISE Dispensary Sparks, on 18 August. The store is located at 1530 S. Stanford Way, Suite B-6 #102, Sparks, NV 89431, near I-80 in South Sparks. RISE Dispensary Sparks will serve both medical patients and adult-use customers from 8 a.m. to 10 p.m. daily. The shop offers home delivery on orders of $50 or more and stocks Green Thumb's product portfolio, including RYTHM premium flower, Dogwalkers pre-rolls, incredibles chocolates, Beboe gummies, and &Shine vapes. A grand opening event is scheduled for 5 September at 8 a.m. Following company tradition, first-day profits will benefit Food Bank of Northern Nevada. Green Thumb has operated in Nevada since 2016 and runs one production facility in Carson City and two in Las Vegas.
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About Green Thumb Industries
Industries
Food & Agriculture
Industrial & Manufacturing
Healthcare
Consumer Goods
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
Chicago, Illinois
Founded
2014
Green Thumb Industries is Hiring for 207 Jobs on Simplify!
Find jobs on Simplify and start your career today