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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 (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.
Green Thumb Industries (OTCQX: GTBIF, CSE: GTII) will release its Q2 2026 financial results after market close on Tuesday, August 4, 2026.
Management will host a conference call and audio webcast at 5:00 p.m. ET (4:00 p.m. CT) to discuss the results and answer questions.
Green Thumb Industries (OTCQX: GTBIF) reported Q1 2026 results for the quarter ended March 31, 2026. Key metrics: revenue $300.2M, GAAP net income $15.4M ($0.07/share), Normalized EBITDA $93.5M (31.2% of revenue), and cash from operations $76.0M. Cash totaled $344.5M and total debt was $289.9M. The company repurchased ~13.4M shares year-to-date and ~29.0M shares since Sept 2023 for ~$200.0M. Post-quarter, Green Thumb received a conditional Texas license and submitted DEA registration applications after federal rescheduling to Schedule III.
Green Thumb Industries (OTCQX: GTBIF) has submitted applications to the U.S. DEA to register certain state-licensed medical cannabis operations via the expedited Schedule III registration pathway created after medical marijuana was rescheduled to Schedule III.
The company said this step aims to support federal normalization, expanded research access, and tax treatment changes. Green Thumb operates over 110 retail locations across 14 U.S. markets and will report Q1 2026 results after market close on May 6, 2026 with a conference call at 5:00 p.m. ET.