Green Thumb Industries (GTII) Investor presentation summary

Industry overview and market trends

• THC has become a mainstream consumer category, with projected U.S. cannabis market size reaching $100B by 2030, comparable to beer and tobacco industries.

• Generational shifts show younger consumers choosing THC over alcohol, with daily or near-daily THC use surpassing alcohol in key age groups.

• Alcohol consumption in the U.S. is at historic lows, and negative perceptions of alcohol are rising across all generations.

Company positioning and leadership

• Recognized as the category leader with the #1 dollar share nationally and the largest revenue among U.S. peers as of 1Q 2026.

• Operates a diversified portfolio of leading brands, including RYTHM, incredibles, Dogwalkers, Beboe, Señorita, and Doctor Solomon's.

• Maintains a strong retail presence with over 120 RISE dispensaries and 1.8M loyalty members, leveraging vertical integration for margin expansion.

• Founder-led management team with significant ownership and a track record of disciplined execution since 2014.

Financial performance and strength

• Cashflow positive since 2020, with $1.2B revenue and $295M cashflow from operations in 2025.

• Industry-leading 31% EBITDA margin and $284M cash on hand as of June 2026.

• Over $200M in share buybacks since 2023, representing approximately 13% of the company.

• Consolidation of RYTHM, Inc. results from October 2026, increasing ownership to over 49.99%.