RYTHM, Inc. Announces Amendments to License Agreements with Green Thumb Industries
RYTHM, Inc. (Nasdaq: RYM) amended trademark and recipe license agreements with an indirect wholly-owned subsidiary of Green Thumb Industries effective April 1, 2026.
Rhea-AI Summary
RYTHM, Inc. (Nasdaq: RYM) amended trademark and recipe license agreements with an indirect wholly-owned subsidiary of Green Thumb Industries effective April 1, 2026. Under the amendments, Green Thumb will pay RYTHM an aggregate fixed annual cash fee of $70 million, with annual increases equal to two times a CPI-based escalator.
Management said the changes establish predictable, long-term revenue that supports RYTHM's Nasdaq listing and provides clarity and stability for shareholders.
Positive
- Fixed annual cash fee of $70 million
- CPI-based escalator set at two times annual adjustment
- Effective date of April 1, 2026 provides immediate revenue certainty
Negative
- None.
Details
News Market Reaction – RYM
In the Apr 1 session, RYM gained 63.93%, reflecting a significant positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
- Annual license fee
- $70 million
- Fixed annual cash fee from Green Thumb effective April 1, 2026
- Effective date
- April 1, 2026
- Date amended license fee structure takes effect
- CPI escalator multiple
- 2x CPI-based escalator
- Annual increase to the $70 million fixed cash fee
Historical Context
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Strong sequential revenue and high-margin licensing offset by sizable impairment-driven loss.
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Multi-year Señorita partnership making THC beverages available at Chicago’s United Center.
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Revenue growth and new IP acquisitions alongside continued operating losses and dilution overhang.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
consumer price index financial
AI-generated analysis. How Rhea-AI works. Not financial advice.
ROLLING MEADOWS, Ill., April 01, 2026 (GLOBE NEWSWIRE) -- RYTHM, Inc. (Nasdaq: RYM) (“RYTHM” or the “Company”), America’s THC Company, today announced amendments to its existing trademark and recipe license agreements with an indirect wholly-owned subsidiary of Green Thumb Industries Inc. (“Green Thumb”).
RYTHM and Green Thumb have amended their existing trademark and recipe license agreements for the use of brand intellectual property which includes RYTHM, incredibles, Beboe, Dogwalkers, Doctor Solomon’s, &Shine, and Good Green. Effective April 1, 2026, Green Thumb will pay RYTHM an aggregate fixed annual cash fee of
“These amendments create a framework that strengthens our licensing arrangement with Green Thumb over the long term and supports RYTHM’s Nasdaq listing,” said Ben Kovler, Chairman and Interim Chief Executive Officer of RYTHM, Inc. “We have established predictable, long-term revenue in a way that is virtually unmatched in the THC space. As the regulatory and legal landscapes evolve, this structure provides our business and investors with clarity and stability that positions us well to maximize value for our shareholders.”
About RYTHM, Inc.
RYTHM, Inc.’s portfolio of THC brands includes the most recognized and trusted names in the cannabis and hemp industries, including RYTHM, incredibles, Dogwalkers, Beboe, Señorita THC Margaritas, &Shine, Doctor Solomon’s, and Good Green. With products available in thousands of physical locations and online, supported by an iconic lineup of brands rooted in quality and safety, RYTHM, Inc. is cementing its position as America’s THC Company. Through a focus on innovation, the Company is continually shaping THC experiences to meet the evolving preferences of consumers across the country. Learn more and explore the full brand portfolio at www.RYTHMinc.com.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 concerning RYTHM, Inc. and other matters. All statements that do not relate to matters of historical fact should be considered forward-looking statements, including statements regarding the expected benefits of the license agreement amendments, and the Company’s compliance with Nasdaq listing standards. In some cases, you can identify forward-looking statements by terms such as “may,” “will,” “should,” “expects,” “plans,” “anticipates,” “could,” “intends,” “targets,” “projects,” “contemplates,” “believes,” “estimates,” “predicts,” “potential” “maintain” or “continue” or the negative of these terms or other similar expressions. These statements involve known and unknown risks, uncertainties, and other important factors that could cause actual results to differ materially from those expressed or implied, including those described under 'Risk Factors' in the Company's most recent Annual Report on Form 10-K and other filings with the Securities and Exchange Commission (“SEC”), which can be obtained on the SEC website at www.sec.gov, including risks related to federal and state cannabis regulation, the Company's relationship with Green Thumb, and general economic conditions. Except as required by applicable law, we do not plan to publicly update or revise any forward-looking statements, whether as a result of any new information, future events or otherwise. You are advised, however, to consult any further disclosures we make on related subjects in our public announcements and filings with the SEC.
Investor Contact
IR@RYTHMinc.com
Media Contact
Media@RYTHMinc.com
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