Green Thumb Industries (GTII) Investor Presentation summary

Market landscape and growth outlook

• U.S. cannabis market projected to reach ~$100B by 2030, rivaling alcohol and tobacco industries.

• Cannabis expected to have a 12% CAGR through 2027, outpacing beer, tobacco, spirits, and wine.

• 70% of Americans support legalization, with significant legislative momentum and new states legalizing adult-use and medical cannabis since 2022.

• Legal cannabis generates more tax revenue than alcohol in established markets and supports over 440,000 jobs.

Company overview and strategy

• Operates 104 retail stores across 14 states, serving 50% of American adults as of May 2025.

• Employs 4,900 team members and emphasizes community engagement and giving back.

• Focused on high-demand, limited-supply markets with a dual-pronged growth strategy and disciplined capital allocation.

• Maintains a strong balance sheet to fund strategic growth initiatives.

Brand portfolio and retail experience

• Portfolio includes RYTHM, incredibles, Dogwalkers, Beboe, Señorita, Shine, and Doctor Solomon's, covering flower, vape, edibles, pre-rolls, beverages, and health/beauty.

• Flower leads with 41.7% category share and 8% YoY growth; beverages and pre-rolls show strong double-digit growth.

• 1.4M+ loyalty members and omni-channel retail experience with digital, delivery, and in-store integration.

• Consistent national retail brand and pipeline of licenses to expand footprint.