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Green Thumb Industries ( (TSE:GTII) ) has shared an update.
On August 27, 2025, Green Thumb Industries announced the sale of its subsidiary VCP IP Holdings, LLC to Agrify Corporation for $50 million, transferring intellectual property rights of several brands. Concurrently, a license agreement was established allowing Green Thumb to continue manufacturing and distributing these brands. Additionally, Green Thumb extended a $45 million loan to Agrify, secured by a convertible note, which may be converted into Agrify common stock or pre-funded warrants, subject to certain conditions. These transactions are expected to impact Green Thumb’s operations by streamlining its brand management while maintaining a stake in Agrify, potentially influencing its market positioning and stakeholder interests.
The most recent analyst rating on (TSE:GTII) stock is a Buy with a C$11.50 price target. To see the full list of analyst forecasts on Green Thumb Industries stock, see the TSE:GTII Stock Forecast page.
Spark’s Take on TSE:GTII Stock
According to Spark, TipRanks’ AI Analyst, TSE:GTII is a Outperform.
Green Thumb Industries scores well due to strong financial performance and positive technical indicators, reflecting solid revenue growth and a bullish market trend. However, the high P/E ratio and mixed earnings call sentiment, with challenges such as price compression and regulatory uncertainties, temper the overall score.
To see Spark’s full report on TSE:GTII stock, click here.
More about Green Thumb Industries
Green Thumb Industries Inc. is a leading national cannabis consumer packaged goods company and retailer headquartered in Chicago, Illinois. The company manufactures and distributes a portfolio of branded products including RYTHM, Dogwalkers, incredibles, Beboe, &Shine, Doctor Solomon’s, and Good Green. Green Thumb also owns and operates RISE Dispensaries, a rapidly growing national retail cannabis chain, serving millions of patients and customers each year.
Average Trading Volume: 177,497
Technical Sentiment Signal: Hold
Current Market Cap: C$2.86B
Find detailed analytics on GTII stock on TipRanks’ Stock Analysis page.