green thumb industries salary
You must agree to our terms before entering the site. 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. 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. 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. Net income for the full year 2022 was $12.0 million or $0.05 per basic and diluted share. Show More Green Thumb Industries Demographics. For the full year, gross margin was $504 . 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 lowest paying organizational functions at Green Thumb Industries are hospitality/service and agriculture, where employees earn $29,959 and $31,144, respectively. Green Thumb Industries has great employee retention with staff members usually staying with the company for 3.6 years. People who believe in what we do. This Analyst Breaks It Down For You, Not A Bullish Start To Q2 Earnings Season Despite Sales Beat, Analyst Explains Why Green Thumb Remains Among His Top Cannabis Picks, Do Not Sell My Personal Data/Privacy Policy. Secure your tickets now. Get notified about new Supply Chain Planner jobs in Ocala, FL. Further information on these and other potential factors that could affect the Company's business and financial condition and the results of operations are included in theRisk Factors section of the Company's Annual Report on Form 10-K for the year ended December 31, 2021 and forthcoming Annual Report on Form 10-K for the year ended December 31, 2022, and elsewhere in the Company's filings with the SEC, which are available on the SEC's website or at . Sign in to create your job alert for Supply Chain Planner jobs in Ocala, FL. Thank you for joining our journey to well-being. 325 W. Huron St.Chicago, IL 60654312.471.6720. Highest Paying Job At Green Thumb Industries, Highest Paying Department At Green Thumb Industries. Green Thumb Industries may also be known as or be related to Green Thumb Industries, Green Thumb Industries (gti) and Green Thumb Industries Inc. 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. Green Thumb Industries Chicago, IL 60601 (COOK County) Hybrid Work collaboratively with various business partners to assist in the design and implementation of an. This can be compared to Cottage Grove, MN, where Green Thumb Industries employees earn an average salary of $37,206. Legal Disclaimer: MENAFN provides the information as is without warranty of any kind. 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 . 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. 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. The starting pay at Green Thumb Industries is $16,000 per year, or $7.69 per hour. At Green Thumb, we are here because we believe deeply in a new way of well-being. This report is not for commercial use. Sign in to create your job alert for Care Specialist jobs in Latrobe, PA. This press release includes certain non-GAAP financial measures as defined by the U.S. Securities and Exchange Commission (SEC). Green Thumb Industries (GTI) For additional information on these non-GAAP financial measures, see below underNon-GAAP Financial Information.. Stores the user's video player preferences using embedded YouTube video. 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. This cookie is set by YouTube to track views of embedded videos. Green Thumb Industries employees are most likely to be members of the Democratic Party. 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. Cautionary Note Regarding Forward-Looking Information. Despite its diversity in other areas, Green Thumb Industries employees are noticeably lacking in political diversity. Help us make this company more transparent. 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. These traits hold us accountable as people who make up a business, so we grow individually and collectively to serve even more people. 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. We have integrity We stand by our word and prove it through our actions. All rights reserved. This is the place where DEALS GET DONE, where money is raised, M&A starts, and companies meet investors and key partners. 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. 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. 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 company also owns and operates rapidly growing national retail cannabis stores called RISE. Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. Ability to analyze and manage current inventory needs and levels to ensure a steady supply of ingredients and materials to support the immediate demands and forecasted future demands. Green Thumb Industries pays an average of $35,737 per year, or $17.18 an hour. This includes contributions of $1.5 million made through the Company's good green brand to nonprofit organizations that are enacting real, positive change in Black and Brown communities disproportionately affected by the War on Drugs. Green Thumb Industries pays an average of $35,737 per year, or $17.18 an hour. This data is based on 11 survey responses. The information shown here is a reporting of information included in the company's proxy statement. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity. 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. Research salary, company info, career paths, and top skills for Brand Director, Retail Marketing Fourth quarter 2022 comparable sales (stores open at least 12 months) increased 3.4% versus prior year on a base of 65 stores. How much do Green Thumb Industries employees make? Were humbleWe prefer quiet confidence and dont shout about our success. Research Summary. 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. Total debt outstanding was $275.7 million. Total basic and diluted weighted average shares outstanding for the three months ended December 31, 2022 were 237.2 million. We believe strongly that cannabis can enable that change and that we can achieve it by working together. They use a bucket system which is time consuming. The largest donation made to a political party by a Green Thumb Industries employee was 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. Annual salary reviews. 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 progress starts and ends with people. The average Green Thumb Industries salary ranges from approximately $38,345 per year for, The highest-paying job at Green Thumb Industries is, The lowest-paying job at Green Thumb Industries is, Green Thumb Industries employees attributed a compensation and benefits rating of 3.0/5 stars to their company. Green Thumb manufactures and distributes a portfolio of branded cannabis products including &Shine, Beboe, Dogwalkers, Doctor Solomon's, Good Green, incredibles and RYTHM. Best Health Care Companies to Work For in Illinois. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. Green Thumb Industries is ranked #66 on the Best Health Care Companies to Work For in Illinois list. ), Get started with your Free Employer Profile, Personal Care Specialist - New Store Opening - Grove City, PA, Process Improvement Mgr. He expects a "-1% seq growth to $258Mn (FactSet consensus is at $257Mn)" for the fourth quarter. As General Counsel and Secretary at GREEN THUMB INDUSTRIES INC, Beth Burk made $1,185,669 in total compensation. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. Latrobe, PA, Referrals increase your chances of interviewing at Green Thumb Industries (GTI) by 2x. The extended maturity date did not involve any amendments to the Notes or any additional consideration to the existing lenders. Per Hour (Employer est. Cannabis consumer packaged goods company Green Thumb Industries Inc. GTII GTBIF will report its fourth-quarter financials on Tuesday. Dont miss out. Net loss attributable to the Company for the fourth quarter 2022 was ($51.2 million) or ($0.22) per basic and diluted share, compared to net income of $22.8 million, or $0.10 per basic and diluted share in the prior year. Join us at the Fontainebleau Miami Beach Hotel in Florida on April 11-12. 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. Visit the Career Advice Hub to see tips on interviewing and resume writing. 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. Established in 2014, Green Thumb employs approximately 3,800 people and serves millions of patients and customers each year. EBITDA, and Adjusted Operating EBITDA are non-GAAP measures and do not have standardized definitions under GAAP. VP Product - Energy Trading - 150k+ total comp. 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. Green Thumb Industries Employees in the art/design department receive relatively high salaries as well, where wages average $71,240 per year. More information is available at GTIgrows.com This consisted of two charges: a $57.4 million goodwill impairment charge and a $31.1 million write off of the Essence tradename intangible. It was a privilege to be part of this American process. Find your market worth with a report tailored to you, No results found. We invest in our people, our brands, and our retail experiences to power a profound shift in well-being. A typical owner/operator salary at Green Thumb Industries is $162,124. Preference cookies enable a website to remember information that changes the way the website behaves or looks, like your preferred language or the region that you are in. 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. Used to detect if the visitor has accepted the marketing category in the cookie banner. More information is available at GTIgrows.com 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 salary trends based on salaries posted anonymously by Green Thumb Industries employees. If you have any complaints or copyright issues related to this article, kindly contact the provider above. View our Cookie Notice to Learn More. Yes, I'm definitely at least twenty-one (21) years of age or am otherwise a qualified patient. 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.. Full-Time. Newark, NJ. 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. Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. 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 Glassdoor provides our best prediction for total pay in today's job market, along with other types of pay like cash bonuses, stock bonuses, profit sharing, sales commissions, and tips. 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. For all other types of cookies we need your permission. Some of the other roles at Green Thumb Industries are harvester and janitor. We believe strongly that cannabis can enable that change and that we can achieve it by working together. The average Green Thumb Industries hourly pay ranges from approximately $18 per hour for a Grow Technician to $58 per hour for a Pharmacist. Pros Some of us nurture plants while others pore over legal documents or open new stores. Region, Cross 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. 10% of Green Thumb Industries employees are Black or African American. - Preroll Divison, Lead Production Technician (Infused Products), The Ultimate Job Interview Preparation Guide. During the fourth quarter 2022, the Company also recorded a non-cash impairment charge of $88.5 million related to its Nevada business. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. More information is available at . However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. 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. The average employee at Green Thumb Industries earns a yearly salary of $35,737 per year, but different jobs can earn drastically different salaries. 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. Why do people leave their jobs? Before this business existed, I voted for Prop 215 while going to school in California back in 1996. The employee data is based on information from people who have self-reported their past or current employments at Green Thumb Industries. 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. It is included in each page request in a site and used to calculate visitor, session and campaign data for the sites analytics reports. Sign in to save Supply Chain Planner at Green Thumb Industries (GTI). The department you work in can have an impact on your salary as well. People are everything at Green Thumb. Your Privacy on this Website We collect information about your visit through cookies and web beacons. You can unsubscribe from these emails at any time. Established in 2014, Green Thumb employs over 3,800 people and serves millions of patients and customers each year. To learn more, click here to read our Privacy Notice. This financial strength provides for both optionality and durability going forward., Fourth Quarter and Full Year 2022 Financial Overview. Consumer Packaged Goods gross revenue increased 1.7% versus the fourth quarter of 2021 and 6.0% for the full year 2022. Submit Your Articles/Press Releases/Reports. 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. Each organization selected encompasses one or more of Good Green's core pillars: education, employment and expungement. World and Middle East business and financial news, Stocks, Currencies, Market Data, Research, Weather and other data. 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. Try another search query or, Social Media Associate in Chicago, Illinois, New research shows how to set pay for remote employees. Annual holiday allowance increase, up to 26 days + Bank Holidays. Green Thumb Industries generates $556.6M in revenue. You can update your choices at any time in your settings. 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. 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. How much do Green Thumb Industries employees make? The employee data is based on information from people who have self-reported their past or current employments at Green Thumb Industries. GREEN THUMB INDUSTRIES INC annual reports of executive compensation and pay are most commonly found in the Def 14a documents. Similar Job Titles: Our estimates are verified against BLS, Census, and current job openings data for accuracy. Green Thumb Industries pays the lowest earners $16,000 a year, while the top 10 percent are paid over $77,000. James Furuyama donated Pay, Whether you are hiring a single employee , or an entire department of, The labor market is a strange place right now. 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. Benjamin Kovler (Chairman & Chief Executive Officer), Swadheen Sehgal (Chief Information Officer). Click the link in the email we sent to to verify your email address and activate your job alert. Click the link in the email we sent to to verify your email address and activate your job alert. Hours of work: 8am - 4.30pm Monday to Friday (with overtime opportunities) Location: Cheltenham and Surrounding areas. Zuanic retained an "Overweight" rating on the company's stock while lowering his 12-month price target to $32 from $36. 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. 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. Thorough reviews have been conducted to assure this data accurately reflects disclosures. People who believe in change. ! 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. EBITDA for the full year 2022 was $217.7 million, or 21.4% of revenue. Green Thumb Industries General Manager Dracut, MA Easy Apply 17d $54K-$80K Per Year (Glassdoor est.) We invest in our people, our brands, and our retail experiences to power a profound shift in well-being.". We believe in the plant's potential to improve health, happiness, and comfort. While performing the duties of this job, the employee is regularly required to perform grasping, talking, hearing, seeing and repetitive motions. Although we believe that the expectations reflected in these forward-looking statements are reasonable, we cannot assure you that these expectations will prove to be correct. 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. This cookie is necessary for GDPR-compliance of the web site. 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. 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. Sales Director Retail & Consumer industry, TECNICI DI MANUTENZIONE ELETTRO-MECCANICA, Product Engineer Manager(Python developer), Credit Risk Manager Private Banking - VIE, Working Student Team Assistant & Backoffice(m/f/d). Green Thumb Industries Shift Supervisor Duncansville, PA Easy Apply 14d $31K-$40K Per Year (Glassdoor est.) Salary: $57k - $119k Female 30.0 % Avg. Using a database of 30 million profiles, Zippia estimates demographics and statistics for Green Thumb Industries. Know Your Worth. We take a deep dive into what's impacting employee retention and what employees are looking for in their new role. We define each term as follows: Acquisition, Transaction, and Other Non-Operating Costs. 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. by James Furuyama. (NewsTribune File) With a little over 100 days until recreational marijuana becomes legal in Illinois, Oglesby licensed cannabis grower is expanding and adding new jobs. Were stewards of the plant, a happy and humble bunch and genuinely love what we do. 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). Were hardworking We put our heads down and get the job done. For the full year 2022, total revenue increased 13.9% to $1.0 billion. Analytics cookies help website owners to understand how visitors interact with websites by collecting and reporting information anonymously. You may also find the annual proxy statement by going directly to the company's website. The data presented on this page does not represent the view of Green Thumb Industries and its employees or that of Zippia. Cookies are small text files that can be used by websites to make a user's experience more efficient. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. 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. Based on our data, Green Thumb Industries employees in Paterson, NJ and Cottage Grove, MN get paid the most. Step-By-Step Pay Equity Analysis Guide Product Guide By clicking Download Product Guide, Do you know what your employees really want for the holidays? You can opt out through your browser, but then you will not have access to all the functions of the website. It has an unusually high proportion of employees who are members of the Democratic Party, at 81.0%. Our Fair Pay score for Green Thumb Industries is 1.67. Meet the biggest cannabis industry players and make deals that will push the industry forward. Use our tool to get a personalized report on your market worth. 2023 Green Thumb Industries (GTI).All Rights Reserved. In short, people like you. New research shows that each woman experiences the disparity of gender pay gap in different ways, depending on her position, age, race and education. Green Thumb Industries pays $17.18 an hour, on average. 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. Filter your search results by job function, title, or location. 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. Overall retail revenue increased 14.2% versus the fourth quarter of 2021 and 24.1% for the full year 2022. 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 law states that we can store cookies on your device if they are strictly necessary for the operation of this site.
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