Click the link in the email we sent to to verify your email address and activate your job alert. "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. PHYSICAL DEMANDS: Must be able to lift, carry and balance up to 30 pounds (100 pounds with assistance), may include sitting or standing for extended periods of time, as well as stooping, bending over and/or crouching. This financial strength provides for both optionality and durability going forward., Fourth Quarter and Full Year 2022 Financial Overview. Help other job seekers by rating Green Thumb Industries. 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 lowest paying organizational functions at Green Thumb Industries are hospitality/service and agriculture, where employees earn $29,959 and $31,144, respectively. Pros Headquartered in Chicago, Illinois, Green Thumb has 18 manufacturing facilities, 77 open retail locations and operations across 15 U.S. markets. This cookie is set by YouTube to track views of embedded videos. $16.00 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. Green Thumb Industries (GTI) Ocala, FL Just now Be among the first 25 applicants See who Green Thumb Industries (GTI) has hired for this role Join or sign in to find your next job Join. In short, people like you. Necessary cookies help make a website usable by enabling basic functions like page navigation and access to secure areas of the website. Average salaries for Green Thumb Industries Human Resources: [salary]. Popular Jobs at Green Thumb Industries Inc.. | Salary.com Home Research Employer Green Thumb Industries Inc. Green Thumb Industries Inc. Headquartered in Chicago, IL Total Employees 3,000 - 7,500 Company Earnings $500M - $1B Industry Biotechnology Executive Team Anthony Georgiadis , Benjamin Kovler , Jennifer Dooley . 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. Green Thumb Industries Dispensary Technician Hibbing, MN Easy Apply 23d $32K-$42K Per Year (Glassdoor est.) What we offer: Starting salary: 21,989 (may be higher depending on experience) 1000 signing on bonus. It has an unusually high proportion of employees who are members of the Democratic Party, at 81.0%. Filter your search results by job function, title, or location. 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. The law states that we can store cookies on your device if they are strictly necessary for the operation of this site. Posted: February 28, 2023. 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. Have you worked at Green Thumb Industries? 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. Claiming and updating your company profile on Zippia is free and easy. The community relies on everyone sharing. 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. 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. Full-Time. Total other expense was $14.1 million for the fourth quarter 2022, primarily reflecting interest expense associated with the Company's senior secured notes, as well as various fair value adjustments associated with the Company's existing investment portfolio. Additional information is available at . Green Thumb Industries salary trends based on salaries posted anonymously by Green Thumb Industries employees. Green Thumb Industries is in the alternative medicine industry. What is the average salary for Green Thumbs Industries employees in the United States? Financial results are reported in accordance with U.S. generally accepted accounting principles (GAAP) and all currency is in U.S. dollars. We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance. Your job seeking activity is only visible to you. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. Unclassified cookies are cookies that we are in the process of classifying, together with the providers of individual cookies. Equally important, Green Thumb had $178 million in cash at year end, which is a $31 million increase over last quarter, and we delivered $159 million in cash flow from operations for the year. Why do people leave their jobs? By clicking Agree & Join, you agree to the LinkedIn, You can save your resume and apply to jobs in minutes on LinkedIn. 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. 10% of Green Thumb Industries employees are Black or African American. By creating this job alert, you agree to the LinkedIn User Agreement and Privacy Policy. Green Thumb Industries was founded in 2014. 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. For the full year 2022, total revenue increased 13.9% to $1.0 billion. The department you work in can have an impact on your salary as well. Established in 2014, Green Thumb employs over 3,800 people and serves millions of patients and customers each year. Analytics cookies help website owners to understand how visitors interact with websites by collecting and reporting information anonymously. 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. As with other operators in the space, price deflation and wholesale market erosion will negatively affect the gross figures reported by a company concerning revenues and sales, saidZuanicwho is a speaker at theApril Cannabis Capital Conference in Miami. 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. During the fourth quarter 2022, the Company also recorded a non-cash impairment charge of $88.5 million related to its Nevada business. 21% of Green Thumb Industries employees are Hispanic or Latino. You may retrieve the full proxy statement by going to the Securities and Exchange Commission (SEC) website at www.sec.gov and entering the company's name and then looking in the first column for an entry of "Form DEF 14A" (or any similar code). Stores the user's video player preferences using embedded YouTube video. View our Cookie Notice to Learn More. Zippia gives an in-depth look into the details of Green Thumb Industries, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Green Thumb Industries. This cookie is used to distinguish between humans and bots. 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. Read reviews from current employees that include compensation and culture insights. 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 crippling tax burden continues to hurt new operators by greatly reducing their prospects for a profitable and sustainable cannabis business, said Green Thumb Founder, Chairman and Chief Executive Officer Ben Kovler. 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. 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 Total debt outstanding was $275.7 million. You can unsubscribe from these emails at any time. 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. 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. This data is based on 11 survey responses. 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 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. 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. People who believe in change. Newark, NJ. The Role. This is beneficial for the website, in order to make valid reports on the use of their website. All rights reserved. Green Thumb Industries Chicago, IL 60601 (COOK County) Hybrid Work collaboratively with various business partners to assist in the design and implementation of an. Using a database of 30 million profiles, Zippia estimates demographics and statistics for Green Thumb Industries. This cookie name is associated with Google Universal Analytics - which is a significant update to Google's more commonly used analytics service. Were hardworking We put our heads down and get the job done. Try another search query or, Social Media Associate in Chicago, Illinois, New research shows how to set pay for remote employees. The data presented on this page does not represent the view of Green Thumb Industries and its employees or that of Zippia. More information is available at GTIgrows.com None of the information on this page has been provided or approved by Green Thumb Industries. We are grateful to those who have done this hard work before us. 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. The average Green Thumb Industries hourly pay ranges from approximately $18 per hour for a Grow Technician to $58 per hour for a Pharmacist. 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. Makati, National Capital Region, Philippines, See who Green Thumb Industries (GTI) has hired for this role, Archer - The IT Recruitment Consultancy (Malta), Assist patients in a customer-facing, intimate retail environment, Utilize product and consumption-method knowledge to successfully recommend a safe and effective regimen suited to each patients specific needs, Ensure sales floor is properly stocked and presence of the store is well maintained, Own responsibility for remaining up-to-date with product knowledge, Play an active part in patient education on products, methods of consumption, and safety as part of patient interaction. GREEN THUMB INDUSTRIES INC annual reports of executive compensation and pay are most commonly found in the Def 14a documents. This cookie is used to distinguish unique users by assigning a randomly generated number as a client identifier. 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. Total revenue for the fourth quarter 2022 was $259.3 million, up 6.4% from $243.6 million for the fourth quarter 2021. Featuring live company presentations, insider panels, and unmatched access to networking, the Benzinga Cannabis Capital Conference is where cannabis executives and entrepreneurs meet. 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. Benzinga does not provide investment advice. Were grateful Working in our industry is a privilege and an act of service. Fourth quarter 2022 comparable sales (stores open at least 12 months) increased 3.4% versus prior year on a base of 65 stores. 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. Get notified about new Care Specialist jobs in Latrobe, PA. Visit the Career Advice Hub to see tips on interviewing and resume writing. At Green Thumb, we are here because we believe deeply in a new way of well-being. Green Thumb Industries Shift Supervisor Duncansville, PA Easy Apply 14d $31K-$40K Per Year (Glassdoor est.) Zuanic retained an "Overweight" rating on the company's stock while lowering his 12-month price target to $32 from $36. Green Thumb Industries employees are most likely to be members of the Democratic Party. You may also find the annual proxy statement by going directly to the company's website. Join to apply for the Supply Chain Planner role at Green Thumb Industries (GTI). The website cannot function properly without these cookies. 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. They have made it possible for us to exist. 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. It was a privilege to be part of this American process. We believe in the plant's potential to improve health, happiness, and comfort. 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. 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. Business Based on 65 salaries General Manager 15 salaries Shift Supervisor 11 salaries View More Skilled Labor & Manufacturing Based on 48 salaries Production Technician 7 salaries I studied the parallels with the repeal of alcohol prohibition in the 1930s. 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). As General Counsel and Secretary at GREEN THUMB INDUSTRIES INC, Beth Burk made $1,185,669 in total compensation. In 2022, Green Thumb reached $1 billion in annual revenue while delivering over $300 million in Adjusted Operating EBITDA. Copyright 2000 MENAFN. For all other types of cookies we need your permission. Marketing cookies are used to track visitors across websites. Are you a former Green Thumb Industries (GTI) employee who has been on the payroll of GTI or a GTI - affiliated business? !Error..Please enter a correct email address! Of this total $327,202 was received as a salary, $208,482 was received as a bonus, $649,985 was received in stock options, $0 was awarded as stock and $0 came from other types of compensation. Green Thumb Industries is a public company. The Company's senior secured notes (theNotes), which have a total principal amount of approximately $250 million, bear interest at a rate of 7.0% per annum that is paid quarterly. 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. Cookies are small text files that can be used by websites to make a user's experience more efficient. 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. We have integrity We stand by our word and prove it through our actions. The extended maturity date did not involve any amendments to the Notes or any additional consideration to the existing lenders. Our model gets smarter over time as more people share salaries on Glassdoor. Total other expense for the full year was $12.6 million. For the full fiscal year, Green Thumb reported revenues of $556.6 million, along with a net income of $19.1 million. Green Thumb Industries employees rate the overall compensation and benefits package 3/5 stars. 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. * Internal candidates: please use the internal career site to submit your application. From harvesting flower to helping a guest find the perfect product, our people leave their unique thumbprint across the company. Green Thumb Industries has great employee retention with staff members usually staying with the company for 3.6 years. 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. Per Hour (Employer est. GREEN THUMB INDUSTRIES INC annual reports of executive compensation and pay are most commonly found in the Def 14a documents. GREEN THUMB INDUSTRIES INC income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. Since 2021, Green Thumb has donated more than $3.5 million to organizations nationwide through grants, retail giving programs, cannabis education scholarships, and efforts to increase voter participation in support of cannabis policy reform. An affiliate is considered a business entity owned in whole or in part, directly or indirectly, by GTI. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. You can update your choices at any time in your settings. 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. Coronavirus Tips Working and Protection, For its 2021 fiscal year, GREEN THUMB INDUSTRIES INC, listed the following executives on its annual proxy statement to the SEC. This press release includes certain non-GAAP financial measures as defined by the U.S. Securities and Exchange Commission (SEC). Used by Google Analytics to throttle request rate. Meet the biggest cannabis industry players and make deals that will push the industry forward. By clicking I agree and entering the website, I agree to be bound by the Terms of Service and Privacy Policy. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. Green Thumb Industries pays an average of $35,737 per year, or $17.18 an hour. Cantor Fitzgerald's analyst Pablo Zuanic discussed his expectations in a recent note. Get a free, personalized salary estimate based on today's job market. Posted more than 4w ago 5. The employee data is based on information from people who have self-reported their past or current employments at Green Thumb Industries. A few things we have in common? We define each term as follows: Acquisition, Transaction, and Other Non-Operating Costs. 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. 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. Workers at Green Thumb Industries earn different salaries depending on the department or organizational function that they work in. View the job description, responsibilities and qualifications for this position. 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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.
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