Green Thumb Industries Files 2024 10-K
Ticker: GTBIF · Form: 10-K · Filed: 2025-02-27T00:00:00.000Z
Sentiment: neutral
Topics: 10-K, financials, share-capital, warrants
TL;DR
GTI's 2024 10-K is in - lots of share and warrant activity detailed.
AI Summary
Green Thumb Industries Inc. filed its 2024 10-K on February 27, 2025, reporting on its fiscal year ending December 31, 2024. The filing details various aspects of its business, including share capital, warrants, and licenses. Notably, the company had significant activity related to its Super Voting Shares and Subordinate Voting Shares throughout 2024 and 2022, with specific mentions of repurchase and modification warrants.
Why It Matters
This filing provides investors with a comprehensive overview of Green Thumb Industries' financial health and operational activities for the past fiscal year, crucial for investment decisions.
Risk Assessment
Risk Level: medium — The filing contains details on share capital, warrants, and potential liabilities, which can indicate financial complexity and risk.
Key Numbers
- 2024-12-31 — Reporting Period End Date (Fiscal year end for the 10-K filing.)
- 2025-02-27 — Filing Date (Date the 10-K was submitted to the SEC.)
- 000-56132 — SEC File Number (Identifier for Green Thumb Industries' filings.)
Key Players & Entities
- Green Thumb Industries Inc. (company) — Filer of the 10-K
- 2024-12-31 (date) — End of the reporting period
- 2025-02-27 (date) — Filing date
- 312-471-6720 (dollar_amount) — Business phone number
- Integral Associates Ca Llc (company) — Consolidated associate
FAQ
What was the total revenue for Green Thumb Industries in the fiscal year ending December 31, 2024?
The provided text does not contain specific revenue figures for the fiscal year ending December 31, 2024.
Did Green Thumb Industries repurchase any shares in 2024?
Yes, the filing mentions 'gtbif:RepurchaseOfSubordinateVotingSharesMember' for the period ending 2024-12-31, indicating share repurchases.
What is the company's primary industry classification?
The company's Standard Industrial Classification is AGRICULTURE PRODUCTION - CROPS [0100].
When did Green Thumb Industries' employee stock options become active?
The filing references 'us-gaap:EmployeeStockOptionMember' for the period of 2022-01-01 to 2022-12-31.
What is the business address of Green Thumb Industries?
The business address is 325 WEST HURON STREET, SUITE 700, CHICAGO, IL 60654.
From the Filing
0000950170-25-028273.txt : 20250227 0000950170-25-028273.hdr.sgml : 20250227 20250227060142 ACCESSION NUMBER: 0000950170-25-028273 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 118 CONFORMED PERIOD OF REPORT: 20241231 FILED AS OF DATE: 20250227 DATE AS OF CHANGE: 20250227 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Green Thumb Industries Inc. CENTRAL INDEX KEY: 0001795139 STANDARD INDUSTRIAL CLASSIFICATION: AGRICULTURE PRODUCTION - CROPS [0100] ORGANIZATION NAME: 08 Industrial Applications and Services IRS NUMBER: 981437430 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-56132 FILM NUMBER: 25672567 BUSINESS ADDRESS: STREET 1: 325 WEST HURON STREET STREET 2: SUITE 700 CITY: CHICAGO STATE: IL ZIP: 60654 BUSINESS PHONE: 312-471-6720 MAIL ADDRESS: STREET 1: 325 WEST HURON STREET STREET 2: SUITE 700 CITY: CHICAGO STATE: IL ZIP: 60654 10-K 1 gtbif-20241231.htm 10-K 10-K FY 0001795139 false --12-31 http://fasb.org/us-gaap/2024#IntangibleAssetsNetExcludingGoodwill 0001795139 gtbif:LowMoorVirginiaMortgageNoteMember us-gaap:ConstructionLoanPayableMember 2022-10-12 0001795139 gtbif:SuperVotingSharesMember gtbif:ShareCapitalMember 2024-12-31 0001795139 gtbif:RepurchaseOfSubordinateVotingSharesMember 2024-12-31 0001795139 us-gaap:EmployeeStockOptionMember 2022-01-01 2022-12-31 0001795139 gtbif:SubordinateVotingSharesMember gtbif:ShareCapitalMember 2022-01-01 2022-12-31 0001795139 gtbif:MultipleVotingSharesMember gtbif:ShareCapitalMember 2024-12-31 0001795139 gtbif:ModificationWarrantsMember gtbif:LiabilityClassifiedWarrantMember 2024-01-01 2024-12-31 0001795139 gtbif:SuperVotingSharesMember gtbif:ShareCapitalMember 2024-01-01 2024-12-31 0001795139 gtbif:LicensesAndPermitsMember srt:MinimumMember 2024-12-31 0001795139 srt:ConsolidationEliminationsMember gtbif:IntegralAssociatesCaLlcMember stpr:CA 2024-01-01 2024-12-31 0001795139 us-gaap:CommonStockMember 2023-12-31 0001795139 gtbif:EquityClassifiedWarrantMember 2024-12-31 0001795139 gtbif:ShareCapitalMember gtbif:LeaflineIndustrieMember 2022-12-31 0001795139 srt:ConsolidationEliminationsMember gtbif:BluepointWellnessOfWestportLlcMember stpr:CT 2024-12-31 0001795139 2024-10-01 2024-12-31 0001795139 srt:ConsolidationEliminationsMember gtbif:LeaflineIndustriesLlcMember stpr:MN 2024-01-01 2024-12-31 0001795139 us-gaap:FairValueInputsLevel3Member us-gaap:NotesReceivableMember srt:MinimumMember 2024-01-01 2024-12-31 0001795139 2023-04-01 2023-06-30 0001795139 gtbif:MultipleVotingSharesMember 2023-01-01 2023-12-31 0001795139 us-gaap:LandImprovementsMember 2023-12-31 0001795139 gtbif:SuperVotingSharesMember gtbif:ConversionOfSuperVotingSharesMember 2024-01-01 2024-12-31 0001795139 stpr:MD gtbif:MarylandHealthAndWellnessCenterIncMember srt:ConsolidationEliminationsMember 2024-12-31 0001795139 gtbif:SyndicatedCreditFacilitySeptemberElevenTwoThousandTwentyFourMember srt:MaximumMember 2024-12-31 0001795139 srt:ConsolidationEliminationsMember gtbif:ForSuccessHoldingCompanyMember stpr:CA 2024-01-01 2024-12-31 0001795139 gtbif:PrivatePlacementDebtAprilThirtyTwoThousandTwentyOneMember 2023-12-31 0001795139 gtbif:PrivatePlacementDebtAprilThirtyTwoThousandTwentyOneMember 2024-01-01 2024-12-31 0001795139 us-gaap:MeasurementInputPriceVolatilityMember gtbif:EquityClassifiedWarrantMember gtbif:DispensaryMortgageWarrantsMember 2024-12-31 0001795139 us-gaap:OperatingSegmentsMember gtbif:ConsumerPackagedGoodsSegmentMember 2023-12-31 0001795139 us-gaap:MeasurementInputPriceVolatilityMember srt:MinimumMember gtbif:LiabilityClassifiedWarrantMember 2023-12-31 0001795139 srt:MaximumMember gtbif:ProductionAndProcessingEquipmentMember 2024-12-31 0001795139 gtbif:LibertyCompassionMember gtbif:ShareCapitalMember 2024-12-31 0001795139 us-gaap:FairValueInputsLevel1Member 2023-12-31 0001795139 us-gaap:FairValueInputsLevel3Member 2024-01-01 2024-12-31 0001795139 us-gaap:RestrictedStockUnitsRSUMember 2023-01-01 2023-12-31 0001795139 gtbif:DharmaPharmaceuticalsLlcMember 2023-12-31 0001795139 us-gaa