This cookie is set by Youtube to keep track of user preferences for Youtube videos embedded in sites;it can also determine whether the website visitor is using the new or old version of the Youtube interface. The base salary for CEO in companies like Green Thumb Industries Inc. range from $688,500 to $1,174,400 with the average base salary of $910,300. Prices will surge very soon. The intention is to display ads that are relevant and engaging for the individual user and thereby more valuable for publishers and third party advertisers. Have you worked at Green Thumb Industries? This financial strength provides for both optionality and durability going forward., Fourth Quarter and Full Year 2022 Financial Overview. Employees in the art/design department receive relatively high salaries as well, where wages average $71,240 per year. On November 29, 2022, the Company announced its third round of grants to four nonprofits through its Good Green grant program. The company also owns and operates rapidly growing national retail cannabis stores called RISE. This press release includes certain non-GAAP financial measures as defined by the U.S. Securities and Exchange Commission (SEC). Based on our data, Green Thumb Industries employees in Paterson, NJ and Cottage Grove, MN get paid the most. 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. How much do Green Thumb Industries employees make? 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. The lowest paying organizational functions at Green Thumb Industries are hospitality/service and agriculture, where employees earn $29,959 and $31,144, respectively. All rights reserved. Latrobe, PA, Referrals increase your chances of interviewing at Green Thumb Industries (GTI) by 2x. People who believe in change. Consumer Packaged Goods gross revenue increased 1.7% versus the fourth quarter of 2021 and 6.0% for the full year 2022. 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. Our Fair Pay score for Green Thumb Industries is 1.67. Total revenue for the fourth quarter 2022 was $259.3 million, up 6.4% from $243.6 million for the fourth quarter 2021. People are everything at Green Thumb. Used by Google Analytics to throttle request rate. Green Thumb Industries is ranked #66 on the Best Health Care Companies to Work For in Illinois list. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Annual holiday allowance increase, up to 26 days + Bank Holidays. We take a deep dive into what's impacting employee retention and what employees are looking for in their new role. 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 Sign in to save Supply Chain Planner at Green Thumb Industries (GTI). It's no secret that workers earn different salaries in different parts of the country, since the cost of living can be much higher in certain areas. 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. 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. What we offer: Starting salary: 21,989 (may be higher depending on experience) 1000 signing on bonus. Newark, NJ. Our estimates are verified against BLS, Census, and current job openings data for accuracy. Excluding the non-cash impairment charges of $88.5 million, adjusted net income for the fourth quarter and full year 2022 was $12 million and $75 million, or adjusted basic and diluted earnings per share of $0.05 and $0.32, respectively. As of December 31, 2022, current assets were $351.4 million, including cash and cash equivalents of $177.7 million. Help other job seekers by rating Green Thumb Industries. We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance. Green Thumb Industries Hours of work: 8am - 4.30pm Monday to Friday (with overtime opportunities) Location: Cheltenham and Surrounding areas. 2 Green Thumb Industries Major Incident Manager jobs in Hamburg. I studied the parallels with the repeal of alcohol prohibition in the 1930s. As a process manager you will be responsible for maximizing . It stores and update a unique value for each page visited and is used to count and track pageviews. 21% of Green Thumb Industries employees are Hispanic or Latino. These traits hold us accountable as people who make up a business, so we grow individually and collectively to serve even more people. Submit Your Articles/Press Releases/Reports. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. 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. Try another search query or, Social Media Associate in Chicago, Illinois, New research shows how to set pay for remote employees. For the full year 2022, total revenue increased 13.9% to $1.0 billion. Green Thumb is seeking a talented Sales Manager to oversee our growing New Jersey cannabis program. By clicking Agree & Join, you agree to the LinkedIn, You can save your resume and apply to jobs in minutes on LinkedIn. This can be compared to Cottage Grove, MN, where Green Thumb Industries employees earn an average salary of $37,206. Green Thumb will host a conference call on Tuesday, February 28, 2023 at 5:00 pm ET to discuss its fourth quarter and full year 2022 financial results for the year ended December 31, 2022. GREEN THUMB INDUSTRIES INC income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. Highlights for the fourth quarter ended December 31, 2022: Highlights for the year ended December 31, 2022: See definitions and reconciliation of non-GAAP measures elsewhere in this release. Used by Facebook to deliver a series of advertisement products such as real time bidding from third party advertisers. Gross profit for the fourth quarter 2022 was $124.0 million or 47.8% of revenue compared to $128.6 million or 52.8% of revenue for the fourth quarter 2021. Adjusted Net Income: Net income attributable to Green Thumb Industries Inc., adjusted for non-cash goodwill impairment charges, write-off of trade name intangible assets and income tax benefits related to these charges. Green Thumb Industries has great employee retention with staff members usually staying with the company for 3.6 years. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. Green Thumb Industries pays $17.18 an hour, on average. More information is available at GTIgrows.com Best Health Care Companies to Work For in Illinois. The data presented on this page does not represent the view of Green Thumb Industries and its employees or that of Zippia. The extended maturity date did not involve any amendments to the Notes or any additional consideration to the existing lenders. Pay, Whether you are hiring a single employee , or an entire department of, The labor market is a strange place right now. Read what they think about their salaries on our Compensation FAQ page for Green Thumb Industries. From compensation planning to variable pay to pay equity analysis, we surveyed 4,900+ organizations on how they manage compensation. Necessary cookies help make a website usable by enabling basic functions like page navigation and access to secure areas of the website. Green Thumb Industries generates $556.6M in revenue. I am confident that Green Thumb has the right team, the right brands, and the right operational setup to navigate the middle innings of this industry and beyond. The lowest-paying job at Green Thumb Industries is a Patient Care Specialist with a salary of $38,345 per year. Green Thumb Industries salary trends based on salaries posted anonymously by Green Thumb Industries employees. You can update your choices at any time in your settings. 38% of Green Thumb Industries employees are women, while 62% are men. To create our salary estimates, Zippia starts with data published in publicly available sources such as the U.S. Bureau of Labor Statistics (BLS), Foreign Labor Certification Data Center (FLC). Per Hour (Employer est. This cookie is necessary for GDPR-compliance of the web site. Full-Time. This cookie is set by YouTube to track views of embedded videos. Adjusted Operating EBITDA for the fourth quarter 2022, which excluded non-cash stock-based compensation, other non-operating costs, and impairment charges, was $81.2 million or 31.3% of revenue as compared to $76.0 million or 31.2% of revenue for the fourth quarter 2021. The community relies on everyone sharing. In 2022, Green Thumb reached $1 billion in annual revenue while delivering over $300 million in Adjusted Operating EBITDA. Pros Use our tool to get a personalized report on your market worth. GTI's shares were trading 0.47%lowerat $8.48per share at the time of this publication on Monday morning. "We continue to believe Green Thumb is arguably among the best-managed MSOs if we go by balance sheet strength, EBITDA/operating cash flow conversion, and profit margins (for a large footprint)," the analyst concluded. All proxy statements are public filings made available to the general public by the SEC. Used by Meta to deliver a series of advertisement products such as real time bidding from third party advertisers. 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. Were grateful Working in our industry is a privilege and an act of service. Copyright 2000 MENAFN. Green Thumb Industries was founded in 2014. They have made it possible for us to exist. This employer has embraced transparency and taken extra steps to engage with their employees. Readers are cautioned not to place undue reliance on any forward-looking statements contained in this document, which reflect management's opinions only as of the date hereof. ! Green Thumb Industries Inc. (Green Thumb), a national cannabis consumer packaged goods company and retailer, promotes well-being through the power of cannabis while giving back to the communities in which it serves. Total selling, general and administrative expenses for the full year 2022 were $294.4 million or 28.9% of revenue, an increase from $277.1 million or 31.0% of revenue in the prior year. View our Cookie Notice to Learn More. 2023 Green Thumb Industries (GTI).All Rights Reserved. See who Green Thumb Industries (GTI) has hired for this role No longer accepting applications The Role Starting pay for this role is $16/hr As a Production Tech, you'll be an essential part. The company was named to Built In Chicago's Best Large Companies to Work For in 2022 list, Crain's Fast 50 list in 2021, and a Best Workplace by MG Retailer magazine in 2018 and 2019. This press release contains statements that we believe are, or may be considered to be,forward-looking statements. All statements other than statements of historical fact included in this document regarding the prospects of our industry or our prospects, plans, financial position or business strategy may constitute forward-looking statements. You are advised, however, to consult any additional disclosures we make in our reports to the SEC. Marketing cookies are used to track visitors across websites. Green Thumbs Industries employees earn $55,000 annually on average, or $26 per hour, which is 18% lower than the national salary average of $66,000 per year. EBITDA for the fourth quarter 2022 was ($19.6 million) or (7.5%) of revenue compared to $75.6 million or 31.0% of revenue for the fourth quarter 2021. Additional information is available at . At Green Thumb, we are here because we believe deeply in a new way of well-being. All subsequent written and oral forward-looking statements attributable to us or persons acting on our behalf are expressly qualified in their entirety by the cautionary statements contained in this document. 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. From harvesting flower to helping a guest find the perfect product, our people leave their unique thumbprint across the company. EBITDA for the full year 2022 was $217.7 million, or 21.4% of revenue. Cautionary Note Regarding Forward-Looking Information. Some cookies are placed by third party services that appear on our pages. 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. For the full year, gross margin was $504.0 million or 49.5% of revenue versus $491.9 million or 55.1% in 2021. Our team continued to execute on our mission by building authentic brands that resonate with consumers. 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? Were stewards of the plant, a happy and humble bunch and genuinely love what we do. Benjamin Kovler (Chairman & Chief Executive Officer), Swadheen Sehgal (Chief Information Officer). Select Accept to consent or Reject to decline non-essential cookies for this use. 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. Overall retail revenue increased 14.2% versus the fourth quarter of 2021 and 24.1% for the full year 2022. 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 information should be considered as supplemental in nature and not as a substitute for, or superior to, any measure of performance prepared in accordance with GAAP. 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. An affiliate is considered a business entity owned in whole or in part, directly or indirectly, by GTI. 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. Green Thumb Industries Dispensary Technician Hibbing, MN Easy Apply 23d $32K-$42K Per Year (Glassdoor est.) This report is not for commercial use. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. 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. The average Green Thumb Industries hourly pay ranges from approximately $18 per hour for a Grow Technician to $58 per hour for a Pharmacist. Gross profit for the fourth quarter 2022 was $124.0 million or 47.8% of revenue compared to $128.6 million or 52.8% of revenue for the fourth quarter 2021. Our model gets smarter over time as more people share salaries on Glassdoor. 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Reject to decline non-essential cookies for this Use were trading 0.47 % lowerat $ 8.48per share at time! Revenue for the full year 2022 4,900+ organizations on how they manage compensation 2008-2023,,. Year ( Glassdoor est. such as real time bidding from third party advertisers Inc. `` ''. Depending on experience ) 1000 signing on bonus $ 217.7 million, to!