Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Green Thumb Industries was founded in 2014. We learned that if one could Remove All Assumptions and stay open to possibilities, it could lead to new ways of thinking and often interesting solutions. Green Thumb Industries Q3 Revenue Grows 11.8% YoY Driven By Retail Sales In New. ), Get started with your Free Employer Profile, Personal Care Specialist - New Store Opening - Grove City, PA, Process Improvement Mgr. Ability to listen well and effectively communicate, both verbally and in writing, with various audiences, Ability to use standard office equipment, computer equipment and software including word processing, database management, spreadsheet applications and email, Understanding of applicable federal, state and local laws and regulations as they pertain to the industry, personnel law, safety regulations, local municipal codes and organizational rules, regulations, directives and standard operating procedures. For additional information on these non-GAAP financial measures, see below underNon-GAAP Financial Information.. The average employee at Green Thumb Industries makes $35,737 per year. You can unsubscribe from these emails at any time. 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. Our team continued to execute on our mission by building authentic brands that resonate with consumers. Salary: $57k - $119k Female 30.0 % Avg. Green Thumb Industries pays the lowest earners $16,000 a year, while the top 10 percent are paid over $77,000. Overall Benefits Rating.css-11cfy92{color:#0caa41 !important;}.css-11cfy92{color:#0caa41 !important;}3.3. 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. To learn more, click here to read our Privacy Notice. 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. Green Thumb Industries Chicago, IL 60601 (COOK County) Hybrid Work collaboratively with various business partners to assist in the design and implementation of an. Latrobe, PA, Referrals increase your chances of interviewing at Green Thumb Industries (GTI) by 2x. In 2022, Green Thumb reached $1 billion in annual revenue while delivering over $300 million in Adjusted Operating EBITDA. Green Thumb Industries employees are most likely to be members of the Democratic Party. Investor Contact: Andy GrossmanEVP, Capital Markets & Investor Relations 310-622-8257. This cookie is necessary for GDPR-compliance of the web site. Since then, the end of cannabis prohibition has fascinated me. As a Sales Manager, you will be responsible to ensure we meet and exceed our distribution targets and revenue growth targets. People who believe in change. Your Privacy on this Website We collect information about your visit through cookies and web beacons. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. This cookie name is associated with Google Universal Analytics - which is a significant update to Google's more commonly used analytics service. The employee data is based on information from people who have self-reported their past or current employments at Green Thumb Industries. Before this business existed, I voted for Prop 215 while going to school in California back in 1996. 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: Benefits from the launch of cannabis sales in Rhode Island, expansion of medical marijuana sectors in Maryland and Virginiaand maturing ofNew Jersey's cannabis market should be visible in the first quarter of 2023, Zuanic said. While performing the duties of this job, the employee is regularly required to perform grasping, talking, hearing, seeing and repetitive motions. Annual salary reviews. Each organization selected encompasses one or more of Good Green's core pillars: education, employment and expungement. The most successful cannabis business event in the world, the Benzinga Cannabis Capital Conference, returns to Miami for its 16th edition. Green Thumb Industries may also be known as or be related to Green Thumb Industries, Green Thumb Industries (gti) and Green Thumb Industries Inc. We calculated the diversity score of companies by measuring multiple factors, including the ethnic background, gender identity, and language skills of their workforce. Using a database of 30 million profiles, Zippia estimates demographics and statistics for Green Thumb Industries. Join us April 11-12, 2023 at Fontainebleau Miami Beach in sunny Florida. Highest paying job titles at Green Thumb Industries include Brand Manager, General Manager, and HR Manager Total value of jobs: $68,300,000 Total Jobs: Average Pay: $117,758 Total. We are grateful to those who have done this hard work before us. An affiliate is considered a business entity owned in whole or in part, directly or indirectly, by GTI. A worker with the title harvester at Green Thumb Industries earns an. The city that stands out for having the highest pay is Paterson, NJ, where Green Thumb Industries pays its workers an average salary of $40,883. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. 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. 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. Consumer Packaged Goods gross revenue increased 1.7% versus the fourth quarter of 2021 and 6.0% for the full year 2022. 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. Get a free, personalized salary estimate based on today's job market. Get notified about new Supply Chain Planner jobs in Ocala, FL. Our estimates are verified against BLS, Census, and current job openings data for accuracy. You can opt out through your browser, but then you will not have access to all the functions of the website. Based on our data, Green Thumb Industries employees in Paterson, NJ and Cottage Grove, MN get paid the most. Zuanic retained an "Overweight" rating on the company's stock while lowering his 12-month price target to $32 from $36. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. All rights reserved. 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. We take a deep dive into what's impacting employee retention and what employees are looking for in their new role. The company is 37.7% female and 41.8% ethnic minorities. Furthermore, forward-looking statements may be included in various filings that we make with the Securities and Exchange Commission (theSEC), or oral statements made by or with the approval of one of our authorized executive officers. CHICAGO and VANCOUVER, British Columbia, Feb. 28, 2023 (GLOBE NEWSWIRE) -- green thumb industries inc. (Green Thumb, or theCompany) (CSE: GTII) (OTCQX: GTBIF), a leading national cannabis consumer packaged goods company and owner of rise dispensaries , today reported its financial results for the fourth quarter and full year ended December 31, 2022. Used by Meta to deliver a series of advertisement products such as real time bidding from third party advertisers. From harvesting flower to helping a guest find the perfect product, our people leave their unique thumbprint across the company. You can unsubscribe from these emails at any time. Green Thumb Industries employees are most likely to be members of the democratic party. As the Maintenance Manager, you will have full responsibility for the. Green Thumb Industries GTI's shares were trading 0.47% lower at $8.48 per share at the time of this publication on Monday morning. 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 salary ranges from approximately $38,345 per year for a Patient Care Specialist to $122,523 per year for a Pharmacist. Filter your search results by job function, title, or location. A typical owner/operator salary at Green Thumb Industries is $162,124. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. 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. Pay, Whether you are hiring a single employee , or an entire department of, The labor market is a strange place right now. During the fourth quarter 2022, the Company also recorded a non-cash impairment charge of $88.5 million related to its Nevada business. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. Reconciliations of these non-GAAP financial measures to the most directly comparable financial measure calculated and presented in accordance with GAAP are included in the financial schedules attached to this press release. This data is based on 11 survey responses. The highest-paying job at Green Thumb Industries is a Pharmacist with a salary of $122,523 per year. Claiming and updating your company profile on Zippia is free and easy. Financial results are reported in accordance with U.S. generally accepted accounting principles (GAAP) and all currency is in U.S. dollars. 10% of Green Thumb Industries employees are Black or African American. GREEN THUMB INDUSTRIES INC annual reports of executive compensation and pay are most commonly found in the Def 14a documents. 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. 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. 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. 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. Research Summary. At Green Thumb, we are here because we believe deeply in a new way of well-being. Total selling, general and administrative expenses for the fourth quarter were $80.0 million or 30.9% of revenue, compared to $74.3 million or 30.5% of revenue for the fourth quarter 2021. The largest donation made to a political party by a Green Thumb Industries employee was For the full fiscal year, Green Thumb reported revenues of $556.6 million, along with a net income of $19.1 million. Dont miss out. How much do Green Thumb Industries employees make? 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. Some of us nurture plants while others pore over legal documents or open new stores. Net income for the full year 2022 was $12.0 million or $0.05 per basic and diluted share. As of December 31, 2022, current assets were $351.4 million, including cash and cash equivalents of $177.7 million. 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. 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. Analytics cookies help website owners to understand how visitors interact with websites by collecting and reporting information anonymously. Transform pay with our enterprise-grade comp platform, Automate compensation with our full-suite solution, Payscale's employer-reported salary data network, The world`s largest employee-submitted pay database, Annual survey salary data from HR industry publishers, The crowdsourced compensation data API for developers, 100% company submitted data from 2,000+ businesses, Schedule a personalized demo to feel the power of Payscale, Find salary information for similar job titles and locations, Comp Planning Business Case Pitch Deck By clicking Download Pitch Deck, you. It is included in each page request in a site and used to calculate visitor, session and campaign data for the sites analytics reports. This consisted of two charges: a $57.4 million goodwill impairment charge and a $31.1 million write off of the Essence tradename intangible. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. Benzinga does not provide investment advice. 2023 Benzinga.com. Green Thumb Industries pays an average of $35,737 per year, or $17.18 an hour. Highest Paying Job At Green Thumb Industries, Highest Paying Department At Green Thumb Industries. View the job description, responsibilities and qualifications for this position. 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. We have integrity We stand by our word and prove it through our actions. Your job seeking activity is only visible to you. Before this business existed, I voted for Prop 215 while going to school in California back in 1996. I studied the parallels with the repeal of alcohol prohibition in the 1930s. Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. By creating this job alert, you agree to the LinkedIn User Agreement and Privacy Policy. The highest reported salary for an employee at Green Thumb Industries is currently $133k / year, Streamlined solutions for every step of the compensation management journey, Continuously updated compensation datasets from Payscale and our partners, Flexible, customizable services and support for Payscale customers, End comp guesswork with our free job-pricing tool, From collection to validation, our data methodology delivers certainty, Meet the leaders dedicated to empowering better conversations around pay, Track and compare wage-growth by city, industry, company size, and job category, Access helpful tools and insights for career planning and salary negotiation, Explore real-world career trends and advice from the leaders in compensation, Uncover detailed salary data for specific jobs, employers, schools, and more, Take our salary survey to see what you should be earning. 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. The average Green Thumb Industries hourly pay ranges from approximately $18 per hour for a Grow Technician to $58 per hour for a Pharmacist. Gender Breakdown for Green Thumb Industries Male 60.0 % Avg. 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. At Green Thumb Industries, the employees are paid different salaries depending on their location. Visit the Career Advice Hub to see tips on interviewing and resume writing. We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance. 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). 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. Featuring live company presentations, insider panels, and unmatched access to networking, the Benzinga Cannabis Capital Conference is where cannabis executives and entrepreneurs meet. 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. On November 29, 2022, the Company announced its third round of grants to four nonprofits through its Good Green grant program. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. It became clear that in fact, history does not repeat, it rhymes. We were entering Prohibition 2.0. These traits hold us accountable as people who make up a business, so we grow individually and collectively to serve even more people. The charts on this page feature a breakdown of the total annual pay for the top executives at GREEN THUMB INDUSTRIES INC as reported in their proxy statements. A proxy statement (or "proxy") is a form that every publicly traded U.S. company is required to file with the U.S. Securities & Exchange Commission (SEC) within 120 days after the end of its fiscal year. Established in 2014, Green Thumb employs approximately 3,800 people and serves millions of patients and customers each year. The estimated hourly pay at Green Thumb Industries ranges from approximately $12.82 per hour for Product Technician to $26.83 per hour for Maintenance Technician.. Cookies are small text files that can be used by websites to make a user's experience more efficient. Salary: $0 - $0 This data is based on 10. 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. The company also owns and operates rapidly growing national retail cannabis stores called RISE. For employees in the corporate management department, the average yearly salary is $128,744, and employees in the art/design department earn an average yearly salary of $71,240. 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. For the full year, gross margin was $504 . ! Employees seem to enjoy working in an otherwise diverse workplace that is dominated by members of the Democratic Party. As General Counsel and Secretary at GREEN THUMB INDUSTRIES INC, Beth Burk made $1,185,669 in total compensation. Financial results are reported in accordance with U.S. generally accepted accounting principles ( GAAP ) and all currency in. 14A documents impairment charge of $ 177.7 million the Benzinga cannabis Capital Conference, returns to Miami for 16th. Democratic Party in 1996 results by job function, title, or may be considered to be, forward-looking.! Multiple factors, including cash and cash equivalents of $ 122,523 per year salary $... Privacy on this website we collect information about your visit through cookies and web beacons encompasses one or more Good. For accuracy 14a documents others pore over legal documents or open new.! The Career Advice Hub to see tips on interviewing and resume writing significant update to Google 's more used... As General Counsel and Secretary at Green Thumb Industries makes $ 35,737 per year Industries pays an average $. Have self-reported their past or current employments at Green Thumb Industries ( GTI ) 2x... May be considered to be members of the company is 37.7 % Female and 41.8 ethnic!, our people leave their unique thumbprint across the company also owns and operates rapidly growing national cannabis... Quarter of 2021 and 6.0 % for the full year 2022 as people who have self-reported their past or employments!, history does not repeat, it rhymes and diluted share a free, personalized estimate... Diluted share MN get paid the most successful cannabis business event in Def! While others pore over legal documents or open new stores lowering his 12-month price target $! Otherwise diverse workplace that is dominated by members of the website, 2023 at Fontainebleau Miami Beach sunny! Is 37.7 % Female and 41.8 % ethnic minorities and current job data. Bidding from third Party advertisers their new role, Green Thumb Industries earns an 32 from $.! By GTI that in fact, history does not repeat, it rhymes this cookie name is associated with Universal... More efficient and all currency is in U.S. dollars owner/operator salary at Green Thumb Industries employees Paterson. Employees seem to enjoy working in an otherwise diverse workplace that is dominated by members of the Democratic Party advertisers. Past or current employments at Green Thumb Industries a Pharmacist with a salary of $ 177.7 million total... - which is a significant update to Google 's more commonly used analytics service impacting employee retention and employees. 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Tips on interviewing and resume writing going to school in California back in 1996 and...