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Sep 16, 2025 8:00 AM

Green Thumb Industries Announces $50 Million Share Repurchase Program

CHICAGO and VANCOUVER, British Columbia, Sept. 16, 2025 (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, announced that its board of directors authorized a $50 million share repurchase program.

The repurchase program authorizes, pursuant to a normal course issuer bid, the repurchase of up to 10,364,640 of its subordinate voting shares ("shares") from time to time over the next 12 months. Under the company's previous repurchase programs that began on September 5, 2023, Green Thumb repurchased approximately 13.5 million shares for $108 million.

"We believe buying back our stock at the right price is one of the best ways to create value for shareholders," said Green Thumb Founder, Chairman and CEO Ben Kovler. "This authorization gives us the flexibility to act strategically as the right opportunities come along. We remain focused on investing in our brands and strengthening our long-term position in the continuously expanding cannabis market."

The latest repurchase program will commence on Sept. 23, 2025, and expire on Sept. 22, 2026. Green Thumb is not obligated to purchase any shares. If management determines it has a better use for its cash reserves, ...