By creating this job alert, you agree to the LinkedIn User Agreement and Privacy Policy. Green Thumb Industries Financial results are reported in accordance with U.S. generally accepted accounting principles (GAAP) and all currency is in U.S. dollars. 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. 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. Green Thumb Industries has great employee retention with staff members usually staying with the company for 3.6 years. This employer has embraced transparency and taken extra steps to engage with their employees. The law states that we can store cookies on your device if they are strictly necessary for the operation of this site. This report is not for commercial use. For additional information on these non-GAAP financial measures, see below underNon-GAAP Financial Information.. (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. This progress starts and ends with people. 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. The decline in gross margin percentage was primarily driven by price compression. More information is available at GTIgrows.com I studied the parallels with the repeal of alcohol prohibition in the 1930s. Cantor Fitzgerald's analyst Pablo Zuanic discussed his expectations in a recent note. 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 intention is to display ads that are relevant and engaging for the individual user and thereby more valuable for publishers and third party advertisers. Know Your Worth. The department you work in can have an impact on your salary as well. 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. Green Thumb Industries generates $556.6M in revenue. Sign in to save Supply Chain Planner at Green Thumb Industries (GTI). The Green Thumb Industries cannabis cultivation facility is planning on expanding, which could create 40-50 new jobs. 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. We believe strongly that cannabis can enable that change and that we can achieve it by working together. 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. Green Thumb Industries salary trends based on salaries posted anonymously by Green Thumb Industries employees. They remind us that when others are wary, we can be bold. Yes, I'm definitely at least twenty-one (21) years of age or am otherwise a qualified patient. Green Thumb Industries Shift Supervisor Duncansville, PA Easy Apply 14d $31K-$40K Per Year (Glassdoor est.) 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. 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 started with your Free Employer Profile, Personal Care Specialist - New Store Opening - Grove City, PA, Process Improvement Mgr. 2023 Benzinga.com. 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. People who believe in what we do. The company was named to Built In Chicago's Best Large Companies to Work For in 2022 list, Crain's Fast 50 list in 2021, and a Best Workplace by MG Retailer magazine in 2018 and 2019. Hours of work: 8am - 4.30pm Monday to Friday (with overtime opportunities) Location: Cheltenham and Surrounding areas. Cookies are small text files that can be used by websites to make a user's experience more efficient. Gender Breakdown for Green Thumb Industries Male 60.0 % Avg. You can update your choices at any time in your settings. 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. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. Investor Contact: Andy GrossmanEVP, Capital Markets & Investor Relations 310-622-8257. Overall retail revenue increased 14.2% versus the fourth quarter of 2021 and 24.1% for the full year 2022. Apply for the Job in Brand Director, Retail Marketing at Chicago, IL. A worker with the title harvester at Green Thumb Industries earns an. 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. Pay, Whether you are hiring a single employee , or an entire department of, The labor market is a strange place right now. From compensation planning to variable pay to pay equity analysis, we surveyed 4,900+ organizations on how they manage compensation. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. For all other types of cookies we need your permission. 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. If you have any complaints or copyright issues related to this article, kindly contact the provider above. Newark, NJ. These forward-looking statements are subject to certain known and unknown risks and uncertainties, as well as assumptions that could cause actual results to differ materially from those reflected in these forward-looking statements. 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). Marketing cookies are used to track visitors across websites. - Preroll Divison, Lead Production Technician (Infused Products), The Ultimate Job Interview Preparation Guide. What we offer: Starting salary: 21,989 (may be higher depending on experience) 1000 signing on bonus. The average Green Thumb Industries hourly pay ranges from approximately $18 per hour for a Grow Technician to $58 per hour for a Pharmacist. Join us at the Fontainebleau Miami Beach Hotel in Florida on April 11-12. Why do people leave their jobs? What your skills are worth in the job market is constantly changing. For the full year 2022, total revenue increased 13.9% to $1.0 billion. Benjamin Kovler (Chairman & Chief Executive Officer), Swadheen Sehgal (Chief Information Officer). Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity. "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. Total revenue for the fourth quarter 2022 was $259.3 million, up 6.4% from $243.6 million for the fourth quarter 2021. They use a bucket system which is time consuming. 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. Click the link in the email we sent to to verify your email address and activate your job alert. 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. We define each term as follows: Acquisition, Transaction, and Other Non-Operating Costs. Referrals increase your chances of interviewing at Green Thumb Industries (GTI) by 2x. 10% of Green Thumb Industries employees are Black or African American. Based in Chicago, IL, Green Thumb Industries is a key player in the health care industry with 1,500 employees and an annual revenue of $556.6M. 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. 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. 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. 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. Thorough reviews have been conducted to assure this data accurately reflects disclosures. Cautionary Note Regarding Forward-Looking Information. We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance. Green Thumb Industries's mission statement is "We believe in the plant's potential to improve health, happiness, and comfort. We believe in the plant's potential to improve health, happiness, and comfort. 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 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. For the full year, gross margin was $504.0 million or 49.5% of revenue versus $491.9 million or 55.1% in 2021. This press release includes certain non-GAAP financial measures as defined by the U.S. Securities and Exchange Commission (SEC). Sign in to create your job alert for Care Specialist jobs in Latrobe, PA. 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: For the full year, gross margin was $504 . We believe strongly that cannabis can enable that change and that we can achieve it by working together. Annual salary reviews. 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. Get email updates for new Supply Chain Planner jobs in Ocala, FL. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. What is the average salary for Green Thumbs Industries employees in the United States? 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.. Total debt outstanding was $275.7 million. As the Maintenance Manager, you will have full responsibility for the. How much do Green Thumb Industries employees make? Established in 2014, Green Thumb employs approximately 3,800 people and serves millions of patients and customers each year. 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. Pros You are advised, however, to consult any additional disclosures we make in our reports to the SEC. For the full fiscal year, Green Thumb reported revenues of $556.6 million, along with a net income of $19.1 million. 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. It became clear that in fact, history does not repeat, it rhymes. We were entering Prohibition 2.0. Visit the Career Advice Hub to see tips on interviewing and resume writing. Are you a former Green Thumb Industries (GTI) employee who has been on the payroll of GTI or a GTI - affiliated business? Overall Benefits Rating.css-11cfy92{color:#0caa41 !important;}.css-11cfy92{color:#0caa41 !important;}3.3. In short, people like you. 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). 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. You can opt out through your browser, but then you will not have access to all the functions of the website. 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. Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. Zuanic retained an "Overweight" rating on the company's stock while lowering his 12-month price target to $32 from $36. Claiming and updating your company profile on Zippia is free and easy. Salary: $0 - $0 This data is based on 10. Prices will surge very soon. This is beneficial for the website, in order to make valid reports on the use of their website. 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. For example, workers in the corporate management function earn the highest salaries at Green Thumb Industries, with average earnings of $128,744. 38% of Green Thumb Industries employees are women, while 62% are men. 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. Increased 14.2 % versus the fourth quarter of 2021 and 24.1 % for the are Black African... Usually staying with the repeal of alcohol prohibition in the job in Brand Director, retail Marketing at,! By the U.S. Securities and Exchange Commission ( SEC ) financial health, and stock market.. Option awards and long term incentives granted during the fiscal year job Interview Preparation Guide and taken extra to... 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