Green Thumb Industries Inc. Announces Closing of CAD$101.66 Million Bought Deal Financing

Green Thumb Industries Inc., a national cannabis consumer packaged goods company and owner-operator of the high growth national retail chain RISE™ Dispensaries, today announced the closing of its approximately CAD$101.66 million bought deal financing with a syndicate of underwriters led by GMP Securities L.P. as lead underwriter and sole bookrunner, and including Beacon Securities Limited, Cormark Securities Inc., Echelon Wealth Partners Inc. and Eight Capital. The final Offering includes proceeds from the sale of Subordinate Voting Shares following the full exercise by the Underwriters of their over-allotment option.

The Company intends to use the net proceeds from the Offering for business development, including wholesale capacity, strategic initiatives and general corporate purposes.