Green Thumb Industries reported Q2 2026 revenue of $307 million, up 5% year-over-year, driven by strong performance in Minnesota, Connecticut, and Florida. The cannabis company posted normalised EBITDA of $84 million, representing a 28% margin. The firm generated $29 million in operating cash flow and held $284 million in cash at quarter end. GAAP net income reached $4.9 million, or $0.02 per share, reversing a prior-year loss. However, gross margin declined to 45% from 50% year-over-year, partly due to $17.5 million in brand licensing fees. Same-store sales fell 1% on a base of 103 stores. Green Thumb repurchased approximately 8 million shares during the quarter at an average price above $6. The company expects flat sequential revenue in Q3 due to ongoing pricing pressures.

Green Thumb Industries proves financial resilience Amid cannabis industry turmoil. August 4, 2026 Green Thumb Industries Continues to Thrive Amid Industry Challenges Green Thumb Industries, a leading cannabis company, has demonstrated its financial resilience and discipline, bucking the trend of struggling rivals. Despite the industry's turbulent past five years, Green Thumb has maintained a strong cash flow, allowing it to repurchase shares in a responsible manner. This financial flexibility is a testament to the company's prudent management. In its latest quarterly results, Green Thumb reported a 7.4% year-over-year revenue increase to $300.2 million. The company's operating cash flow reached $76 million, while normalized EBITDA (earnings before interest, taxes, depreciation, and amortization) stood at $93.5 million. Notably, Green Thumb remained profitable, with GAAP net income of $15.4 million. The company's ability to generate cash and maintain profitability sets it apart from its peers, many of which expanded too quickly, took on excessive debt, or repeatedly diluted shareholders. Green Thumb's disciplined approach has earned it a reputation as one of the cannabis sector's best-run companies. As investors seek reliable and financially sound investments, Green Thumb Industries stands out as a safe and attractive option.

Green Thumb Industries has opened RISE Dispensary Hanover in Pennsylvania, expanding its retail presence in the state. The new location at 361 Eisenhower Drive will serve patients in South Central Pennsylvania. The dispensary will host a grand opening celebration in late August, with profits benefiting local non-profit Friends & Neighbors of Pennsylvania, which supports people experiencing homelessness. The store offers online pre-ordering and Green Thumb's portfolio of products, including RYTHM premium flower and Good Green. Green Thumb entered Pennsylvania in 2017 and operates a manufacturing facility in Danville alongside 19 other RISE Dispensaries across the state. The dispensary is open Monday through Saturday from 9 a.m. to 8 p.m., and Sundays from 10 a.m. to 6 p.m.