Green Thumb Industries Inc.

Green Thumb Industries shareholders approved several key proposals at the 2026 Annual and Special Meeting. A significant amendment was made to the company's Articles, varying the automatic conversion provisions of Super Voting Shares to trigger when an Initial Holder's shares fall to 25% of the original number, down from 50%. Additionally, shareholders set the number of directors at seven and elected all seven nominees. Other approvals included the advisory compensation of named executive officers and the appointment of Baker Tilly US, LLP as the company's auditors.

Green Thumb Industries Inc. reported a significant increase in net income for the first quarter of 2026, rising 85.37% to $15.4 million. This growth was supported by a 7.39% increase in revenue, reaching $300.2 million. The company also saw an increase in operating cash flows and repurchased $33.3 million in Subordinate Voting Shares during the quarter.

Green Thumb Industries reported strong first-quarter 2026 financial results, with revenue increasing 7.4% to $300.2 million and GAAP net income rising to $15.4 million. The company also generated $76.0 million in cash flow from operations and repurchased $33.3 million in shares during the quarter. Subsequent to quarter-end, Green Thumb was conditionally awarded a Texas Compassionate Use Program license and submitted DEA registration applications following the federal rescheduling of medical cannabis to Schedule III.

Green Thumb Industries Inc. announced its Annual and Special Meeting of Shareholders to be held virtually on June 16, 2026. Shareholders will vote on key proposals including the election of directors, executive compensation, auditor re-appointment, and an amendment to the company's articles regarding Super Voting Shares conversion. The record date for voting is April 20, 2026, with proxy voting instructions due by June 12, 2026.