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14 March 2023 by

Green Thumb Industries (CSE: GTII) this evening reported its fourth quarter and full year financial results, beating the latest consensus estimates.The company reported fourth quarter revenues of $177.2 million, along with a net income of $23.9 million. GREEN THUMB INDUSTRIES INC annual reports of executive compensation and pay are most commonly found in the Def 14a documents. Latrobe, PA, Referrals increase your chances of interviewing at Green Thumb Industries (GTI) by 2x. Net income for the full year 2022 was $12.0 million or $0.05 per basic and diluted share. Ability to work in varying and sometimes adverse weather conditions when the business requires such as performing retail operations outside via curbside service, removing trash or other outdoor tasks. New research shows that each woman experiences the disparity of gender pay gap in different ways, depending on her position, age, race and education. Adjusted Operating EBITDA: Earnings before interest, taxes, depreciation, and amortization, adjusted for other income, non-cash share based compensation, one-time transaction related expenses, or other non-operating costs. Thank you for joining our journey to well-being. EBITDA: Earnings before interest, taxes, depreciation and amortization and is a measurement of financial performance without having to factor in financing decisions, accounting decisions or tax environments. These forward-looking statements are subject to certain known and unknown risks and uncertainties, as well as assumptions that could cause actual results to differ materially from those reflected in these forward-looking statements. GREEN THUMB INDUSTRIES INC income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. at Green Thumb (View all jobs) Chicago, Illinois, United States The Role As a leading operator in the rapidly growing and evolving cannabis industry, Green Thumb is seeking a creative, driven, and high energy individual to join our Communications team. This cookie is set by Google Analytics. Get notified about new Care Specialist jobs in Latrobe, PA. Visit the Career Advice Hub to see tips on interviewing and resume writing. Sales Director Retail & Consumer industry, TECNICI DI MANUTENZIONE ELETTRO-MECCANICA, Product Engineer Manager(Python developer), Credit Risk Manager Private Banking - VIE, Working Student Team Assistant & Backoffice(m/f/d). If you have any complaints or copyright issues related to this article, kindly contact the provider above. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity. Some of the positions that earn high wages at Green Thumb Industries include owner/operator, administrator, sales representative, and security specialist. The proxy statement's main purpose is to alert shareholders to the annual meeting and provide them information about the issues that will be voted on during the annual meeting, including decisions such as electing directors, ratifying the selection of auditors, and other shareholder-related decisions, including shareholder-initiated initiatives. The highest-paying job at Green Thumb Industries is a Pharmacist with a salary of $122,523 per year. It is a variation of the _gat cookie which is used to limit the amount of data recorded by Google on high traffic volume websites. Our estimates are verified against BLS, Census, and current job openings data for accuracy. View our Cookie Notice to Learn More. Revenue growth in the fourth quarter was primarily driven by the legalization of adult-use sales in New Jersey, which began on April 21, 2022, as well as revenue generated from acquisitions made throughout 2021. Prices will surge very soon. View the job description, responsibilities and qualifications for this position. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. The average Green Thumb Industries hourly pay ranges from approximately $18 per hour for a Grow Technician to $58 per hour for a Pharmacist. You can unsubscribe from these emails at any time. Read what they think about their salaries on our Compensation FAQ page for , Patient Care Specialist salaries - 75 salaries reported, General Manager salaries - 15 salaries reported, Cultivation Technician salaries - 15 salaries reported, Shift Supervisor salaries - 11 salaries reported, Budtender salaries - 11 salaries reported, Production Technician salaries - 7 salaries reported, Assistant General Manager salaries - 7 salaries reported, Grow Technician salaries - 7 salaries reported, Pharmacist salaries - 6 salaries reported, Human Resources salaries - 5 salaries reported, Laboratory Technician salaries - 5 salaries reported, Maintenance Technician salaries - 4 salaries reported, Supply Chain Planner salaries - 4 salaries reported, Lab Technician salaries - 4 salaries reported, Senior Brand Manager salaries - 4 salaries reported, Agent In Charge salaries - 4 salaries reported, AIC Analyst salaries - 4 salaries reported, Guest Consultant salaries - 3 salaries reported. 21% of Green Thumb Industries employees are Hispanic or Latino. 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Complete duties assigned during scheduled shift including: Correct cash handling and discount application, Verification of proper paperwork, documentation and ID for patients, Accurate use and maintenance of the Point of Sale (POS) system; accurate and timely data entry of patient profiles in both the POS system and the state's electronic verification system, Maintenance of hard copy files (when required), Assist in verifying order deliveries for accuracy, Provide necessary support to management team to ensure retail store operations run smoothly, properly and in compliance with the applicable rules and regulations, including: daily activities, maintenance, and patient information for any reported issues and/or complaints, Promote a work environment that is positive, communicative, patient-oriented, and compliant, 1+ year of customer service experience; preference for candidates with specialty, customer-facing retail experience, Consistent demonstration of excellent customer service skills. The department you work in can have an impact on your salary as well. Green Thumb Industries Before you decide whether variable pay is right for your org, get a deeper understanding of the variable pay options and the cultural impact of pay choices. Filter your search results by job function, title, or location. Pay increases are a top concern for 2022 to attract and retain talent, Temporary employee laws: A guide to hiring contract roles, What to include in a termination letter: Template and examples, How to Manage Your Time and Prioritize Your Workload. A few things we have in common? Fourth quarter 2022 comparable sales (stores open at least 12 months) increased 3.4% versus prior year on a base of 65 stores. Additional information is available at . As of December 31, 2022, current assets were $351.4 million, including cash and cash equivalents of $177.7 million. Glassdoor provides our best prediction for total pay in today's job market, along with other types of pay like cash bonuses, stock bonuses, profit sharing, sales commissions, and tips. The lack of progress regarding cannabis regulation from our elected officials in Congress is mind-numbing. Sign in to create your job alert for Supply Chain Planner jobs in Ocala, FL. These traits hold us accountable as people who make up a business, so we grow individually and collectively to serve even more people. Green Thumb Industries General Manager Dracut, MA Easy Apply 17d $54K-$80K Per Year (Glassdoor est.) Rates, (Amounts Expressed in Thousands of United States Dollars, Except Share and Per Share Amounts), Impairment of Goodwill and Intangible Assets, (Amounts Expressed in Thousands of United States Dollars), Notes Payable, Net of Current Portion and Debt Discount. Green Thumb Industries competitors include Total Care Connections, CleanCut Technologies, LLC, Three Cs, All Type, Lake Area Industries, A&H Stores, PERCO, Keystone Holdings, AgReliant Genetics, All About Floors, Badger, JASCO North America. The proxy statement includes footnotes and explanations of this information plus other information that is pertinent in assessing the overall value and appropriateness of the compensation information. Green Thumb Industries Overview Overview 254 Reviews 230 Jobs 134 Salaries 63 Interviews 40 Benefits 24 Photos View Jobs Green Thumb Industries Overview Website: www.gtigrows.com Headquarters: Chicago, United States Size: 1001 to 5000 Employees Founded: 2014 Type: Company - Public (GTBIF) Industry: Drug & Health Stores Revenue: Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. Growing up, my grandfather sparked my imagination and appreciation for puzzles and problem solving. 10% of Green Thumb Industries employees are Black or African American. Used by Google Analytics to throttle request rate. Step-By-Step Pay Equity Analysis Guide Product Guide By clicking Download Product Guide, Do you know what your employees really want for the holidays? This cookie is necessary for GDPR-compliance of the web site. A live audio webcast of the call will also be available on the Investor Relations section of Green Thumb's website at and will be archived for replay. The Role. Adjusted Operating EBITDA for the full year was $311.5 million or 30.6% of revenue, compared to $307.8 million or 34.5% of revenue last year. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Similar Job Titles: Analytics cookies help website owners to understand how visitors interact with websites by collecting and reporting information anonymously. This Analyst Breaks It Down For You, Not A Bullish Start To Q2 Earnings Season Despite Sales Beat, Analyst Explains Why Green Thumb Remains Among His Top Cannabis Picks, Do Not Sell My Personal Data/Privacy Policy. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. The extended maturity date did not involve any amendments to the Notes or any additional consideration to the existing lenders. Green Thumb Industries pays an average of $35,737 per year, or $17.18 an hour. In 2022, Green Thumb reached $1 billion in annual revenue while delivering over $300 million in Adjusted Operating EBITDA. On November 29, 2022, the Company announced its third round of grants to four nonprofits through its Good Green grant program. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. Featuring live company presentations, insider panels, and unmatched access to networking, the Benzinga Cannabis Capital Conference is where cannabis executives and entrepreneurs meet. The total cash compensation, which includes bonus, and annual incentives, can vary anywhere from $948,700 to $2,277,500 with the average total cash compensation of $1,465,400. By clicking I agree and entering the website, I agree to be bound by the Terms of Service and Privacy Policy. The estimated salary at Green Thumb Industries ranges from approximately $21,369 per year for Patient Care Technician to $154,670 per year for Senior Engineering Manager. He expects a "-1% seq growth to $258Mn (FactSet consensus is at $257Mn)" for the fourth quarter. GREEN THUMB INDUSTRIES INC annual reports of executive compensation and pay are most commonly found in the Def 14a documents. Full-Time. Headquartered in Chicago, Illinois, Green Thumb has 18 manufacturing facilities, 77 open retail locations and operations across 15 U.S. markets. Green Thumb Industries employees attributed a compensation and benefits rating of 3.0/5 stars to their company. Green Thumb Industries salary trends based on salaries posted anonymously by Green Thumb Industries employees. Collaborate with sales & corporate teams in SOP process to build production plans, schedules, & track actuals for product categories to ensure raw materials & finished goods are planned appropriately, Collect and verify data, review production plans for finished good items, run analysis for cross-functional optimization, Show proficiency with inventory management strategies and company assets to promote a healthy supply chain with a steady flow of goods and materials, Manage daily analysis of internal & external packaging inventory based off forecasted and historical sales, Assist with month end closing for the accounting department for purchase orders, inventory, and internal transfer, Manage receipt of incoming & outbound shipments for raw materials & finished goods, Lead order fulfillment operations for outbound customer orders, Execute purchasing for ingredients, raw materials and facility supplies, Arrange transportation of supplies to other GTI facilities, Bachelors Degree in Industrial Engineering, Supply Chain, Business Administration, Finance or related degree, 4+ years experience related to supply chain, production planning, and/or purchasing working with many skus, Advanced proficiency in MS Excel required, Highly motivated, self-directed, innovative and able to work independently or among teams with keen judgement, common sense and resourcefulness, Adapts and thrives in a demanding, scaling, fast-paced environment, Superior communication and interpersonal skills (verbal, non-verbal, written), with the ability to build relationships at all levels, both internally and externally, Possesses a high level of critical thinking, Operates with a high level of professionalism and integrity, including dealing with confidential information, Must pass any and all required background checks, Must be and remain compliant with all legal or company regulations for working in the industry. As a federally illegal business with limited access to capital, we remain focused on our cash position, while consistently paying interest and taxes on time. As the Maintenance Manager, you will have full responsibility for the. Based in Chicago, IL, Green Thumb Industries is a key player in the health care industry with 1,500 employees and an annual revenue of $556.6M. Green Thumb Industries is ranked #66 on the Best Health Care Companies to Work For in Illinois list. Submit Your Articles/Press Releases/Reports. Research Summary. Average Green Thumb Industries Salary $35,737 yearly $17.18 hourly Updated November 18, 2022 $16,000 10 % $35,000 Median $77,000 90 % Show Green Thumb Industries Salaries Highest Paying Jobs At Green Thumb Industries Show More And if you're looking for a job, here are the top jobs Green Thumb Industries is hiring right now: Owner/Operator Research salary, company info, career paths, and top skills for Brand Director, Retail Marketing It stores and update a unique value for each page visited and is used to count and track pageviews. More information is available at GTIgrows.com From harvesting flower to helping a guest find the perfect product, our people leave their unique thumbprint across the company. Green Thumb Industries (GTI) The most common ethnicity at Green Thumb Industries is White (58%). 2023 Benzinga.com. Used by Facebook to deliver a series of advertisement products such as real time bidding from third party advertisers. EBITDA, and Adjusted Operating EBITDA are non-GAAP measures and do not have standardized definitions under GAAP. Even though Green Thumb is still one of Zuanic's top stock picks, hereducedestimates for the quarter though says heexpects the company to benefit fromtrends evidenced in the states where it operates. At Green Thumb, we are here because we believe deeply in a new way of well-being. Gender Breakdown for Green Thumb Industries Male 60.0 % Avg. Employees seem to enjoy working in an otherwise diverse workplace that is dominated by members of the Democratic Party. Green Thumb Industries is a public company. This cookie name is associated with Google Universal Analytics - which is a significant update to Google's more commonly used analytics service. .css-r1m4lw{background-color:#20262e;border-radius:50%;}.css-r1m4lw > svg > path{fill:#fff;}Add your salary. All rights reserved. Full-time Job function Management and Manufacturing Industries Alternative Medicine Referrals increase your chances of interviewing at Green Thumb Industries (GTI) by 2x See who you know. US considers revoking licenses for exports to Huawei President Ilham Aliyev Receives Member Of UAE Federal Supreme Council Moodys elevates Saudi Arabia expansion estimates in 2023, 2024 Sagardighi Bypoll: Congress' Lead Margin Increases To 8,0000 After 7Th R Sagardighi Bypoll: Congress' Lead Margin Increases To 8,000 After 7Th Ro GWC Awarded ISO 31000:2018 Record Of Verification Certificate QIC Bags 'Motor Insurer Of The Year' Award ICC Qatar, Refinitiv To Host Energy Seminar Minister Al Sayed Meets Egypt's General Authority For Free Zones CEO PM Participates In Arab Interior Ministers Council Meeting Shura Council Deputy Speaker Condemns Israeli Aggression Al Khulaifi Hands Over Message To Burundi President Minister Of Labour Meets Algerian Counterpart Minister Of Environment And Climate Change Meets Somali Counterpart News by You must agree to our terms before entering the site. trends evidenced in the states where it operates, Green Thumb Industries Q3 Revenue Grows 11.8% YoY Driven By Retail Sales In New Jersey, Why Is Green Thumb Industries (GTBIF) A Good Public Cannabis Company? This press release includes certain non-GAAP financial measures as defined by the U.S. Securities and Exchange Commission (SEC). These known and unknown risks include, without limitation: cannabis remains illegal under U.S. federal law, and enforcement of cannabis laws could change; the Company may be subject to action by the U.S. federal government; state regulation of cannabis is uncertain; the Company may not be able to obtain or maintain necessary permits and authorizations; the Company may be subject to heightened scrutiny by Canadian regulatory authorities; the Company may face limitations on ownership of cannabis licenses; the Company may become subject to U.S. Food and Drug Administration or the U.S. Bureau of Alcohol, Tobacco and Firearms; cannabis businesses are subject to applicable anti-money laundering laws and regulations and have restricted access to banking and other financial services; the Company may face difficulties acquiring additional financing; the Company faces intense competition; the Company faces competition from unregulated products; the Company is dependent on the popularity and consumer acceptance of our brand portfolio; the Company lacks access to U.S. bankruptcy protections; the Company operates in a highly regulated sector and may not always succeed in complying fully with applicable regulatory requirements in all jurisdictions where it carries on business; the Company has limited trademark protections; the Company may face difficulties in enforcing its contracts; cannabis businesses are subject to unfavorable tax treatment; cannabis businesses may be subject to civil asset forfeiture; the Company is subject to proceeds of crime statutes; the Company faces exposure to fraudulent or illegal activity; the Company's use of joint ventures may expose it to risks associated with jointly owned investments; the Company faces risks due to industry immaturity or limited comparable, competitive or established industry best practices; the Company faces risks related to its products; the Company's business is subject to the risks inherent in agricultural operations; the Company faces risks related to its information technology systems and potential cyber-attacks and security breaches; the Company relies on third-party software providers for numerous capabilities we depend upon to operate, and a disruption of one or more of these systems could adversely affect our business; the Company faces an inherent risk of product liability and similar claims; the Company's products may be subject to product recalls; the Company may face unfavorable publicity or consumer perception; the Company's voting control is concentrated; the Company's capital structure and voting control may cause unpredictability; and sales of substantial amounts of the Subordinate Voting Shares by our shareholders in the public market may have an adverse effect on the market price of the Subordinate Voting Shares. At Green Thumb Industries, the employees are paid different salaries depending on their location. !Error..Please enter a correct email address! Green Thumb Industries Shift Supervisor Duncansville, PA Easy Apply 14d $31K-$40K Per Year (Glassdoor est.) Green Thumb Industries Inc. 325 West Huron Street Suite 700 Chicago, IL 60654 United States 312 471 6720 https://www.gtigrows.com Sector (s) : Healthcare Industry : Drug. Jobs at Green Thumb Industries Productive Landscaper (Current Employee) - Bellingham, WA - January 3, 2023 Slow start sometimes almost a 9am start when you start at 8am. The decline in gross margin percentage was primarily driven by price compression. Hours of work: 8am - 4.30pm Monday to Friday (with overtime opportunities) Location: Cheltenham and Surrounding areas. Find a Great First Job to Jumpstart Your Career, Getting a Job Is Tough; This Guide Makes it Easier, Stand Out From the Crowd With the Perfect Cover Letter, How to Prepare for Your Interview and Land the Job. Our team continued to execute on our mission by building authentic brands that resonate with consumers. By creating this job alert, you agree to the LinkedIn User Agreement and Privacy Policy. The four recipients: The Petey Green Program, Minority Cannabis Academy, CEIC Corp (DBA Cannabis Equity IL Coalition) and Nolef Turns, Inc. received unrestricted grants of $50,000 each to help advance their organization's mission. On July 14, 2022, Green Thumb announced it exercised its right to extend the maturity date of its senior non-brokered debt by one year, from April 30, 2024 to April 30, 2025. This was the countrys first ballot initiative to pass and legalize medical marijuana statewide. Green Thumb Industries generates $556.6M in revenue. While there is notable price compression in the market right now, units sold continues to climb, up 28% year-over-year according to BDSA, indicating that demand for cannabis products remains strong.

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