RYTHM Inc. Announces License Agreement Amendments with Green Thumb Industries
RYTHM Inc., a Nasdaq-listed company known as America’s THC Company, announced amendments to its existing trademark and recipe license agreements with an indirect wholly-owned subsidiary of Green Thumb Industries Inc. on April 1, 2026, according to GlobeNewswire PE. The amendments cover the use of brand intellectual property for RYTHM, incredibles, Beboe, Dogwalkers, Doctor Solomon’s, &Shine, and Good Green.
Details of the Amendments
Effective April 1, 2026, Green Thumb will pay RYTHM an aggregate fixed annual cash fee of $70 million, subject to an annual increase equal to two times a Consumer Price Index-based escalator. These changes amend the existing trademark and recipe license agreements that RYTHM holds with Green Thumb. As is widely known in the cannabis industry, such licensing deals can provide stable revenue streams for companies like RYTHM.
Executive Perspective
Ben Kovler, Chairman and Interim Chief Executive Officer of RYTHM Inc., stated that the amendments strengthen the licensing arrangement with Green Thumb over the long term and support RYTHM’s Nasdaq listing. He also noted that the structure establishes predictable, long-term revenue in the THC space and provides clarity and stability amid evolving regulatory landscapes, according to GlobeNewswire PE. RYTHM’s portfolio includes brands such as RYTHM, incredibles, Dogwalkers, Beboe, Señorita THC Margaritas, &Shine, Doctor Solomon’s, and Good Green.
About RYTHM Inc.
RYTHM Inc. offers products available in thousands of physical locations and online, focusing on quality and safety in the cannabis and hemp industries. The company emphasizes innovation to shape THC experiences for consumers across the country, as detailed in its brand portfolio at www.RYTHMinc.com. This press release includes forward-looking statements regarding the benefits of the license agreement amendments and the company’s compliance with Nasdaq listing standards, according to GlobeNewswire PE.
