Green Thumb Industries Inc. filings document the formal disclosure record for a British Columbia cannabis consumer packaged goods and retail issuer trading on OTCQX as GTBIF. Recent 8-K reports include GAAP financial-result releases, Regulation FD exhibits, amendments to brand license agreements, and credit-facility changes that create or modify debt obligations.
Proxy materials cover board and shareholder-voting matters, executive compensation, equity awards and related governance disclosures. The filing record also documents subordinate voting share repurchase activity, subsidiary borrowing arrangements, and licensed cannabis brand rights connected to RYTHM, incredibles, Dogwalkers, Beboe, &Shine, Doctor Solomon’s and Good Green.
Green Thumb Industries Inc. reports that Eminence Capital and Ricky C. Sandler currently beneficially own 7,515,287 Subordinate Voting Shares, representing 3.6% of the class.
The percentage is calculated using February 20, 2026 share count of 207,620,374 Subordinate Voting Shares reported in the company's Annual Report on Form 10-K for the fiscal year ended December 31, 2025.
Green Thumb Industries Inc. director and president Anthony Georgiadis reported an open-market sale of 2,500 Super Voting Shares on May 12, 2026. The shares were sold at $780.00 per Super Voting Share, with the price based on $7.80 per underlying Subordinate Voting Share as noted in the filing.
After this sale, Georgiadis directly holds 32,682 Super Voting Shares and 800,625 Subordinate Voting Shares. He also indirectly holds additional shares through entities, including Three One Four Holdings LLC and ABG LLC, which together hold both Subordinate Voting Shares and Super Voting Shares on his behalf.
Green Thumb Industries Inc. Chairman and CEO Benjamin Kovler reported an open-market sale of 2,500 Super Voting Shares on May 12, 2026. The shares were sold at $780.00 per Super Voting Share, with the price determined from $7.80 per underlying Subordinate Voting Share.
After this sale, Kovler directly holds 52,612 Super Voting Shares. He also reports indirect holdings of Subordinate Voting Shares through KP Capital, LLC and Outsiders Capital LLC, and indirect Super Voting Shares through Outsiders Capital LLC and the BK 2021 Descendant Trust, highlighting a significant remaining ownership position across direct and indirect stakes.
Green Thumb Industries Inc. reported solid results for the quarter ended March 31, 2026. Revenue reached $300,190 thousand, up 7% year over year, while net income attributable to the company nearly doubled to $15,397 thousand, or $0.07 per diluted share.
Gross profit held steady at $143,645 thousand, though gross margin slipped to 48% as licensing fees and price pressure offset growth in newer and existing markets. Operating income was $40,734 thousand, with total other income boosted by a $17,000 thousand arbitration settlement and earnings from an equity-method investee.
Operating cash flow was strong at $75,799 thousand, helping lift cash and restricted cash to $346,212 thousand. The company expanded its syndicated credit facility to $200,000 thousand of capacity and ended the quarter with working capital of $479,695 thousand. A subsequent U.S. Department of Justice order moved state-licensed medical marijuana to Schedule III, which would remove section 280E tax constraints for that portion of the business.
Green Thumb Industries Inc. reported first quarter 2026 revenue of $300.2 million, up 7.4% from a year earlier, with GAAP net income of $15.4 million or $0.07 per basic and diluted share. Gross margin was 47.9% and Normalized EBITDA reached $93.5 million, or 31.2% of revenue.
Growth was driven by retail sales, including the September 2025 launch of adult-use sales in Minnesota and strength in Connecticut and Florida, partially offset by price compression and competition. Cash flow from operations was $76.0 million and cash totaled $344.5 million. The company repurchased about 6.0 million shares in the quarter and 29.0 million overall since September 2023, and highlighted benefits from U.S. federal rescheduling of medical cannabis and a conditional Texas license award.
Green Thumb Industries Inc. is calling a virtual annual and special shareholder meeting on June 16, 2026 to vote on several key governance and compensation items. Shareholders will set the Board size at seven, elect seven directors, approve executive pay on an advisory basis and re-appoint Baker Tilly US, LLP as auditor.
The most significant proposal would amend the articles so that Super Voting Shares held by initial holders automatically convert into Multiple Voting Shares when their holdings fall to 25% of the original amount, instead of 50%. The company explains this is meant to preserve its dual-class structure and culture while giving founders more flexibility in managing their holdings.
The proxy also details Green Thumb’s multi-class share structure, where 202,467,229 Subordinate Voting Shares, 37,472 Multiple Voting Shares and 201,690 Super Voting Shares were outstanding as of April 20, 2026, and outlines related-party transactions, including leases with entities tied to executives and significant financing and brand-licensing arrangements with RYTHM, Inc.
Green Thumb Industries Inc. is soliciting proxies for its virtual 2026 Annual and Special Meeting of Shareholders to be held on June 16, 2026 at www.virtualshareholdermeeting.com/GTBIF2026. Shareholders will vote to set the board size at seven directors, elect directors, approve an advisory “Say-on-Pay,” re-appoint Baker Tilly US, LLP as auditors, and vote on an amendment to the articles to change the Super Voting Share automatic conversion threshold from 50% to 25%.
The record date for voting is April 20, 2026. Proxy materials, the 2025 Form 10-K and audited financial statements are available at gtigrows.com, SEDAR+ and the SEC website. The Board and independent directors recommend voting FOR all proposals, including the article amendment.
Green Thumb Industries Inc. Chairman and CEO Benjamin Kovler amended a prior insider report to correct the size of a stock grant. On April 1, 2026, he was reported as acquiring 48,461 Subordinate Voting Shares at no cost as a grant or award, bringing his directly held Subordinate Voting Shares to 726,757.
The amendment states that the number of shares acquired and the amount of securities beneficially owned have been updated due to an earlier administrative error, while all other information remains unchanged. Kovler also holds employee stock options covering 28,340 Subordinate Voting Shares at an exercise price of $6.54 per share, expiring on April 1, 2033, along with additional direct and indirect Super Voting and Subordinate Voting Share positions.