Green Thumb Industries

Produces and sells cannabis products

Chicago, Illinois, United States

About Green Thumb Industries

Green Thumb Industries (GTI) operates in the cannabis industry, providing a variety of products aimed at enhancing health and well-being. Established in 2010 in Colorado, GTI serves both recreational and medical cannabis users, offering products like edibles, flowers, and concentrates through its retail stores. These stores are designed to create an educational and engaging shopping experience, staffed by People Care Specialists who focus on customer satisfaction. GTI differentiates itself from competitors by investing in high-quality products and community engagement, ensuring that its offerings meet strict safety standards. The company's goal is to make well-being accessible and personal for all, while fostering a supportive community around its diverse range of cannabis brands.

Chicago, IllinoisHeadquarters
2014Year Founded
$1.1MTotal Funding
IPOCompany Stage
Social Impact, Healthcare, Consumer GoodsIndustries
1,001-5,000Employees

Risks

Rapid retail expansion may strain Green Thumb's operational resources and quality control.
Increased competition from new cannabis retail entrants could impact Green Thumb's market share.
Reliance on large-scale financing could pose financial risks if market conditions change.

Differentiation

Green Thumb operates 99 RISE Dispensaries nationwide, enhancing its retail presence.
The company offers a diverse portfolio of branded cannabis products, including Beboe and RYTHM.
Green Thumb's focus on quality and customer care sets it apart in the cannabis industry.

Upsides

Green Thumb's expansion in Florida increases its market reach and customer base.
The $150 million financing boosts Green Thumb's capacity for strategic growth initiatives.
Cannabis tourism trends could enhance RISE Dispensaries' unique retail experiences.

Funding

Total raised$1.07 M
Latest valuation$850.00 M
StageIPO
POST IPO DEBT
8/31/2024
$150
POST IPO EQUITY
1/31/2021
$56
IPO
5/31/2018
$67
$850.00 M
SEED
11/30/2014
$1
$5.50 M