Green Thumb Industries Reports Second Quarter 2026 Results

CHICAGO and VANCOUVER, British Columbia, Aug. 04, 2026 (GLOBE NEWSWIRE) -- Green Thumb Industries Inc. (“Green Thumb” or the “Company”) (CSE: GTII) (OTCQX: GTBIF), a leading national cannabis consumer packaged goods company and owner of RISE Dispensaries, today reported its financial results for the quarter ended June 30, 2026. Financial results are reported in accordance with U.S. generally accepted accounting principles (“GAAP”), and all currency is in U.S. dollars.

Highlights for the second quarter ended June 30, 2026: * Revenue of $306.7 million, an increase of 4.6% over the same period in the prior year. * Cash at quarter end totaled $283.6 million. * GAAP net income of $4.9 million or $0.02 per basic and diluted share. * Normalized EBITDA of $84.3 million or 27.5% of revenue. * Cash flow from operations of $29.0 million. * Repurchased the equivalent of approximately 7.9 million of the Company’s Subordinate Voting Shares for $48.3 million. Recent developments: * Virginia authorized adult-use sales beginning July 1, 2027, where the Company has operated since 2021 and holds one of five vertically integrated medical cannabis licenses, six RISE dispensaries, and a grower-processor facility. * Named to the TIME America’s Best Companies 2026 list – the highest ranked cannabis company. * Launched adult-use sales at RISE Dispensary Paramus in New Jersey on July 13, 2026. * Opened RISE Dispensary Hanover in Pennsylvania on July 31, 2026. See definitions and reconciliation of non-GAAP measures elsewhere in this release.