Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. Ben Kovler's Green Thumb Industries is expanding its $5.7 billion empire in the Empire State with a lavish new grow facility to compete in the booming marijuana market. Green Thumb Industries pays the lowest earners $16,000 a year, while the top 10 percent are paid over $77,000. 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. The company was named to Crain's Chicago Business Fast 50 list in 2021 and 2022 and a Best Workplace by MG Retailer magazine in 2018, 2019 and 2021. We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance. 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. In 2022, Green Thumb reached $1 billion in annual revenue while delivering over $300 million in Adjusted Operating EBITDA. The average Green Thumb Industries hourly pay ranges from approximately $18 per hour for a Grow Technician to $58 per hour for a Pharmacist. It has an unusually high proportion of employees who are members of the Democratic Party, at 81.0%. ), Get started with your Free Employer Profile, Personal Care Specialist - New Store Opening - Grove City, PA, Process Improvement Mgr. Each organization selected encompasses one or more of Good Green's core pillars: education, employment and expungement. View our Cookie Notice to Learn More. 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 Analytics cookies help website owners to understand how visitors interact with websites by collecting and reporting information anonymously. Learn more in our Cookie Policy. Key Customer Accounts Receivable Controller, Business Development (BD) Operations Analyst, Working Student Team Assistant & Backoffice(m/f/d), City of Johannesburg, Gauteng, South Africa, VAS Engineer/ Value-Added Services Engineer, Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia, See who Green Thumb Industries (GTI) has hired for this role. Adjusted Operating EBITDA for the full year was $311.5 million or 30.6% of revenue, compared to $307.8 million or 34.5% of revenue last year. This can be compared to Cottage Grove, MN, where Green Thumb Industries employees earn an average salary of $37,206. Green Thumb Industries's mission statement is "We believe in the plant's potential to improve health, happiness, and comfort. Posted more than 4w ago 5. Used by Facebook to deliver a series of advertisement products such as real time bidding from third party advertisers. Get email updates for new Care Specialist jobs in Latrobe, PA. By creating this job alert, you agree to the LinkedIn User Agreement and Privacy Policy. Thorough reviews have been conducted to assure this data accurately reflects disclosures. 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? Annual salary reviews. None of the information on this page has been provided or approved by 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. More information is available at GTIgrows.com We take a deep dive into what's impacting employee retention and what employees are looking for in their new role. 2023 Benzinga.com. Secure your tickets now. Some of us nurture plants while others pore over legal documents or open new stores. You can unsubscribe from these emails at any time. 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. Legal Disclaimer: MENAFN provides the information as is without warranty of any kind. The Green Thumb Industries cannabis cultivation facility is planning on expanding, which could create 40-50 new jobs. The lowest-paying job at Green Thumb Industries is a Patient Care Specialist with a salary of $38,345 per year. For the full fiscal year, Green Thumb reported revenues of $556.6 million, along with a net income of $19.1 million. 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. Your job seeking activity is only visible to you. Some of the other roles at Green Thumb Industries are harvester and janitor. This was the countrys first ballot initiative to pass and legalize medical marijuana statewide. 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. 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. 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. Photo: Courtesy of Markus Winkler on Unsplash. Before this business existed, I voted for Prop 215 while going to school in California back in 1996. Investor Contact: Andy GrossmanEVP, Capital Markets & Investor Relations 310-622-8257. 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. As a process manager you will be responsible for maximizing . During the fourth quarter 2022, the Company also recorded a non-cash impairment charge of $88.5 million related to its Nevada business. 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. Get a free, personalized salary estimate based on today's job market. James Furuyama donated The lowest paying organizational functions at Green Thumb Industries are hospitality/service and agriculture, where employees earn $29,959 and $31,144, respectively. 21% of Green Thumb Industries employees are Hispanic or Latino. 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. Show More Green Thumb Industries Demographics. Green Thumb is seeking a talented Sales Manager to oversee our growing New Jersey cannabis program. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. Unclassified cookies are cookies that we are in the process of classifying, together with the providers of individual cookies. GTI's shares were trading 0.47% lower at $8.48 per share at the time of this publication on Monday morning. Our model gets smarter over time as more people share salaries on Glassdoor. 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 most common ethnicity at Green Thumb Industries is White (58%). Green Thumb Industries Q3 Revenue Grows 11.8% YoY Driven By Retail Sales In New. Total revenue for the fourth quarter 2022 was $259.3 million, up 6.4% from $243.6 million for the fourth quarter 2021. 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. 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. The data presented on this page does not represent the view of Green Thumb Industries and its employees or that of Zippia. Were hardworking We put our heads down and get the job done. Green Thumb Industries General Manager Dracut, MA Easy Apply 17d $54K-$80K Per Year (Glassdoor est.) For the full year, gross margin was $504.0 million or 49.5% of revenue versus $491.9 million or 55.1% in 2021. Green Thumb Industries may also be known as or be related to Green Thumb Industries, Green Thumb Industries (gti) and Green Thumb Industries Inc. Total basic and diluted weighted average shares outstanding for the three months ended December 31, 2022 were 237.2 million. What we offer: Starting salary: 21,989 (may be higher depending on experience) 1000 signing on bonus. 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 cookie is used to distinguish between humans and bots. Submit Your Articles/Press Releases/Reports. Our estimates are verified against BLS, Census, and current job openings data for accuracy. 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. Join us at the Fontainebleau Miami Beach Hotel in Florida on April 11-12. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity. 2023 Green Thumb Industries (GTI).All Rights Reserved. You must agree to our terms before entering the site. Overall Benefits Rating.css-11cfy92{color:#0caa41 !important;}.css-11cfy92{color:#0caa41 !important;}3.3. This is beneficial for the website, in order to make valid reports on the use of their website. We invest in our people, our brands, and our retail experiences to power a profound shift in well-being.". We define each term as follows: Acquisition, Transaction, and Other Non-Operating Costs. Pros Sign in to create your job alert for Care Specialist jobs in Latrobe, PA. At Green Thumb, we are here because we believe deeply in a new way of well-being. Geographic location can impact the pay for employees at Green Thumb Industries as well. An affiliate is considered a business entity owned in whole or in part, directly or indirectly, by GTI. EBITDA for the full year 2022 was $217.7 million, or 21.4% of revenue. Claiming and updating your company profile on Zippia is free and easy. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. This report is not for commercial use. 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. 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