Green Thumb Industries Inc. (GTI), a leading cannabis consumer packaged goods company, has announced an amendment to its existing Trademark and Recipe License Agreement with VCP IP Holdings, LLC and MC Brands LLC, both subsidiaries of RYTHM, Inc. The amendment, effective April 1, 2026, transitions the licensing fees from a revenue-based model to a fixed annual fee of $64 million, payable in monthly installments. This fee is subject to annual increases based on the Consumer Price Index (CPI), capped at a maximum of 10% per year. The decision to amend the agreement follows discussions with Nasdaq staff to ensure compliance with listing standards regarding revenue derived from the cannabis industry. The amendment is expected to provide a more predictable revenue stream for GTI while allowing for potential growth in line with inflation. This strategic move reflects GTI's commitment to expanding its brand presence and operational capabilities in the cannabis market, positioning the company for long-term success.

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