Green Thumb Industries

Green Thumb Industries

Green Thumb | Health, Happiness & Wellbeing with Cannabis. Learn more

Launch date
Employees
Market cap
€2.2b
Enterprise valuation
€2.6b (Public information from Sep 2024)
Chicago Illinois (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
USD2019202020212022202320242025
Revenues216m557m894m1.0b1.1b1.5b1.6b
% growth264 %157 %61 %14 %4 %44 %7 %
EBITDA13.8m188m227m218m339m--
% EBITDA margin6 %34 %25 %21 %32 %--
Profit(59.1m)15.0m75.4m12.0m36.3m--
% profit margin(27 %)3 %8 %1 %3 %--
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DateInvestorsAmountRound
-

N/A

-
N/A

$1.1m

Seed

N/A

-
N/A

$67.0m

Valuation: $850m

0.9x EV/LTM Revenues

-5103.9x EV/LTM EBITDA

IPO
*
N/A

CAD102m

Post IPO Equity
N/A

$56.0m

Post IPO Equity
*

$150m

Post IPO Debt
Total Funding€1.0m

Recent News about Green Thumb Industries

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More about Green Thumb Industriesinfo icon
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Green Thumb Industries (GTI) is a dynamic player in the cannabis industry, focusing on improving health, happiness, and comfort through its diverse range of brands and products. Established in Colorado in 2010, GTI has grown into a family of brands that cater to various preferences and lifestyles, ensuring that well-being is personal and accessible to all.

GTI operates in the legal cannabis market, serving both recreational and medical cannabis users. Their clientele includes adults over the age of 21 and qualified medical patients. The company’s business model revolves around creating high-quality cannabis products and delivering them through award-winning national retail stores. These retail locations are designed to offer educational and explorative experiences, guided by People Care Specialists who prioritize customer care and satisfaction.

The company makes money by selling a wide range of cannabis products, including edibles, flowers, and concentrates, through its retail stores and various brands. GTI invests heavily in its people, brands, and retail experiences to drive a significant shift in well-being. This investment strategy not only enhances customer experience but also fosters community engagement and support.

GTI's commitment to quality and reliability is evident in its product offerings, such as the incredibles confections, which adhere to strict food industry standards. The company’s focus on delivering safe and quality cannabis products has helped it establish a strong footprint in the industry.

In summary, Green Thumb Industries is a forward-thinking cannabis company that prioritizes personal well-being, community support, and high-quality products. It serves a diverse clientele through its innovative retail experiences and a family of brands designed to meet various lifestyle needs.

Keywords: Cannabis, Well-being, Retail, Edibles, Medical, Recreational, Quality, Community, Brands, Education.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.

Investments by Green Thumb Industries

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Leafline Labs
ACQUISITION by Green Thumb Industries Dec 2021
Liberty Compassion
ACQUISITION by Green Thumb Industries Jun 2021