# Green Thumb Industries Inc. (GTBIF) — capital_raise [announced]
Source: SEC API (secapi.ai) · situation sit_81d1b70ec73235cd602f · retrieved 2026-08-14T01:26:56.365Z

## Overview
Green Thumb Industries Inc. is a cannabis company with operations across multiple states; it holds convertible notes and warrants in RYTHM, Inc., a cannabis company.

Green Thumb Industries' subsidiaries RSLGH and Vision Management Services entered into an amendment agreement with RYTHM, Inc. on August 10, 2026, effective October 10, 2026, to remove all beneficial ownership limitations from RSLGH's $72.0 million aggregate principal amount of secured convertible notes and pre-funded warrants to purchase up to 9,731,638 shares of RYTHM common stock, as well as from the Shared Services Agreement. The removal of the 49.99% beneficial ownership limitation will allow Green Thumb to consolidate RYTHM in its financial statements beginning October 10, 2026, in accordance with applicable accounting standards.

## Terms
- Counterparty: RYTHM, Inc. · Deal value: $72.0M · Consideration: mixed

## Key dates
- Announced 2026-08-11 · Vote 2026-08-10 · Expected close 2026-10-10

## Timeline
- 2026-08-11 · 8-K (0001193125-26-343396): 8-K - Green Thumb Industries Inc. — *Green Thumb Industries Inc. is a cannabis company with operations across multiple states; it holds convertible notes and warrants in RYTHM, Inc., a cannabis company.* Green Thumb Industries' subsidiaries RSLGH and Vision Management Services entered into an amendment agreement with RYTHM, Inc. on August 10, 2026, effective October 10, 2026, to remove all beneficial ownership limitations from RSLGH's $72.0 million aggregate principal amount of secured convertible notes and pre-funded warrants to purchase up to 9,731,638 shares of RYTHM common stock, as well as from the Shared Services Agreement. The removal of the 49.99% beneficial ownership limitation will allow Green Thumb to consolidate RYTHM in its financial statements beginning October 10, 2026, in accordance with applicable accounting standards.
  https://www.sec.gov/Archives/edgar/data/1795139/0001193125-26-343396.txt

## Citations
- 0001193125-26-343396 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000119312526343396