Green Thumb Industries Inc. reports developments for a U.S. cannabis consumer packaged goods and retail business built around licensed branded products and RISE Dispensaries. Company news recurring themes include GAAP financial results, consumer packaged goods gross revenue, retail performance across state markets, medical and adult-use cannabis regulation, and brand licensing for RYTHM, incredibles, Dogwalkers, Beboe, &Shine, Doctor Solomon’s and Good Green.
Updates also cover capital allocation through subordinate voting share repurchases, senior debt financing, strategic investments, and social impact reporting under the Growing For Good program.
Green Thumb Industries (GTBIF) opened RISE Dispensary Cape Coral, bringing its Florida retail footprint to 25 locations serving medical patients. The dispensary serves patients across Lee County and joins a network of more than 120 stores nationwide. A grand opening celebration is scheduled for October 31 at 9:00 a.m. ET, with a portion of the event’s profits benefiting local nonprofit The Grateful Veteran.
Green Thumb Industries (GTBIF) will release its third quarter 2026 financial results after markets close on Wednesday, November 4, 2026.
Management will host a conference call and audio webcast the same day at 5:00 p.m. Eastern Time (4:00 p.m. Central Time) to discuss the results and take questions. Investors can join via live phone line or webcast, with an archived webcast available afterward through the company’s investor relations site.
Green Thumb Industries (GTBIF) extended its share repurchase program for 12 months, authorizing up to $50 million of subordinate voting share buybacks. The new normal course issuer bid runs from September 23, 2026 to September 22, 2027, with purchases permitted on the Canadian Securities Exchange, OTCQX Best Market, or alternative trading systems, subject to U.S. and Canadian securities rules.
Since programs began on September 5, 2023, Green Thumb has repurchased about 29.5 million shares for $203.4 million, including more than $80 million in 2026. The company does not expect to incur debt to fund the plan and is not obligated to buy any shares; management may suspend or terminate purchases at its discretion. All repurchased shares will be canceled.
Green Thumb Industries (OTCQX: GTBIF) announced that its management will participate in the ATB Cormark Capital Markets 2026 Life Sciences Fall Institutional Investor Conference in New York City on September 9, 2026. The company plans to take part in one-on-one investor meetings and a fireside chat during the event.
Green Thumb (OTCQX: GTBIF) announced the opening of RISE Dispensary Port St. Lucie, its 24th retail location in Florida, on August 22 at 2092 NW Courtyard Circle. The medical cannabis store serves Treasure Coast patients, offers Green Thumb’s branded products, and operates seven days a week.
A grand opening event is scheduled for September 7 at 9 a.m., with special promotions and a local food truck. According to the company, a portion of grand opening profits will benefit local nonprofit Arc of the Treasure Coast through RISE’s First Day Profits program.
Green Thumb (OTCQX: GTBIF) announced the opening of RISE Dispensary Sparks, its 13th RISE location in Nevada, on August 18, 2026, at 1530 S. Stanford Way in Sparks. The store serves medical patients and adult-use customers, offers daily hours from 8 a.m. to 10 p.m., home delivery on orders of $50 or more, and a curated lineup of Green Thumb brands.
The grand opening event on September 5 will feature special promotions, including a 14-gram offer for $0.05 with a qualifying purchase, and first-day profits will be donated to the Food Bank of Northern Nevada, according to the company.
Green Thumb (OTCQX: GTBIF) is expanding its Florida footprint with the opening of RISE Dispensary Port Charlotte, its 23rd retail location in the state, on August 10, 2026. The medical cannabis store at 1931 Tamiami Trail will host a grand opening event on September 5, with a portion of profits supporting local nonprofit The Grateful Veteran.
Green Thumb Industries (OTCQX: GTBIF) reported second quarter 2026 revenue of $306.7 million, up 4.6% year-over-year, driven mainly by adult-use sales in Minnesota and growth in Connecticut, Florida and Ohio. Retail revenue grew 3.6%, while comparable store sales declined 1.1%.
Gross profit was $137.9 million (45.0% margin) versus $146.3 million (49.9%) a year ago, pressured by RYTHM brand licensing fees and price compression. GAAP net income was $4.9 million, or $0.02 per basic and diluted share, versus a $0.6 million loss in 2025, aided by lower income tax expense following the Department of Justice’s April 28, 2026 reclassification of state-legal medical cannabis to Schedule III and the related end of Section 280E for portions of the business.
EBITDA was $53.1 million (17.3% margin), down from $69.1 million, while Normalized EBITDA increased to $84.3 million (27.5% margin) from $82.7 million. Operating cash flow was $29.0 million/b. The company ended the quarter with in cash and $283.0 million of total debt, repurchasing approximately 7.9 million Subordinate Voting Share equivalents for $48.3 million at an average price of $6.11. Remaining buyback authorization totals $62.3 million through September 22, 2026.
Green Thumb Industries (OTCQX: GTBIF, CSE: GTII) announced that its management will participate in the Canaccord Genuity 46th Annual Growth Conference at the InterContinental Boston Hotel on August 11-12, 2026. The company plans to host an investor presentation and hold one-on-one meetings with investors during the event.
Green Thumb (OTCQX: GTBIF) is expanding its Pennsylvania retail footprint with the opening of RISE Dispensary Hanover, located at 361 Eisenhower Drive, Hanover, PA 17331. The medical cannabis store serves South Central Pennsylvania patients with best-in-class products and online pre-order for pickup.
The dispensary operates 9 a.m.–8 p.m. Monday–Saturday and 10 a.m.–6 p.m. Sunday, offering Green Thumb brands including RYTHM, Good Green, (inc)ensored and Doctor Solomon's. A grand opening celebration is planned for late August, with first-day profits benefiting local nonprofit Friends & Neighbors of Pennsylvania.