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RYTHM (Nasdaq: RYM) reported third quarter 2025 results for the period ended September 30, 2025, including $4.0 million revenue from continuing operations (up 98% from $2.0 million prior quarter), an $8.9 million operating loss from continuing operations, and a $35.6 million cash balance. The company disclosed approximately 2.0 million shares outstanding, 7.6 million warrants, and 6.2 million shares issuable upon conversion of convertible notes (excluding interest).
Key corporate moves: on August 27, 2025 RYTHM acquired a portfolio of brand intellectual property (including RYTHM, Dogwalkers, Beboe), entered licensing agreements for manufacture and distribution, and on September 2, 2025 changed its name to RYTHM, Inc. and began trading under RYM. Product rollouts include Señorita THC Margaritas debuting in over 1,000 Circle K stores and select Target Minnesota pilot stores.
RYTHM (NASDAQ:RYM) has announced the launch of Strawberry Supernova Comets, a new cannabis edible product under its incredibles brand. The bite-sized gummies, coated in colorful crunchy bits, contain 100mg THC divided into 10mg pieces.
The product will be available on incredibles' direct-to-consumer website starting September 4, 2025, followed by a launch in RISE Dispensaries in Illinois on September 15, 2025. The launch comes as the global edibles market is projected to exceed $27 billion by 2032, with gummies driving significant category growth.
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