You may also find the annual proxy statement by going directly to the company's website. 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. 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 . The decline in gross margin percentage was primarily driven by price compression. If you have any complaints or copyright issues related to this article, kindly contact the provider above. 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? These traits hold us accountable as people who make up a business, so we grow individually and collectively to serve even more people. For example, workers in the corporate management function earn the highest salaries at Green Thumb Industries, with average earnings of $128,744. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. 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. Sign in to create your job alert for Care Specialist jobs in Latrobe, PA. By clicking Agree & Join, you agree to the LinkedIn, You can save your resume and apply to jobs in minutes on LinkedIn. They have made it possible for us to exist. This progress starts and ends with people. Some of the positions that earn high wages at Green Thumb Industries include owner/operator, administrator, sales representative, and security specialist. More information is available at GTIgrows.com During the fourth quarter 2022, the Company also recorded a non-cash impairment charge of $88.5 million related to its Nevada business. Ability to listen well and effectively communicate, both verbally and in writing, with various audiences, Ability to use standard office equipment, computer equipment and software including word processing, database management, spreadsheet applications and email, Understanding of applicable federal, state and local laws and regulations as they pertain to the industry, personnel law, safety regulations, local municipal codes and organizational rules, regulations, directives and standard operating procedures. 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 Each organization selected encompasses one or more of Good Green's core pillars: education, employment and expungement. Green Thumb Industries is ranked #66 on the Best Health Care Companies to Work For in Illinois list. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. You can unsubscribe from these emails at any time. Collaborate with sales & corporate teams in SOP process to build production plans, schedules, & track actuals for product categories to ensure raw materials & finished goods are planned appropriately, Collect and verify data, review production plans for finished good items, run analysis for cross-functional optimization, Show proficiency with inventory management strategies and company assets to promote a healthy supply chain with a steady flow of goods and materials, Manage daily analysis of internal & external packaging inventory based off forecasted and historical sales, Assist with month end closing for the accounting department for purchase orders, inventory, and internal transfer, Manage receipt of incoming & outbound shipments for raw materials & finished goods, Lead order fulfillment operations for outbound customer orders, Execute purchasing for ingredients, raw materials and facility supplies, Arrange transportation of supplies to other GTI facilities, Bachelors Degree in Industrial Engineering, Supply Chain, Business Administration, Finance or related degree, 4+ years experience related to supply chain, production planning, and/or purchasing working with many skus, Advanced proficiency in MS Excel required, Highly motivated, self-directed, innovative and able to work independently or among teams with keen judgement, common sense and resourcefulness, Adapts and thrives in a demanding, scaling, fast-paced environment, Superior communication and interpersonal skills (verbal, non-verbal, written), with the ability to build relationships at all levels, both internally and externally, Possesses a high level of critical thinking, Operates with a high level of professionalism and integrity, including dealing with confidential information, Must pass any and all required background checks, Must be and remain compliant with all legal or company regulations for working in the industry. Cautionary Note Regarding Forward-Looking Information. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. As a process manager you will be responsible for maximizing . Financial results are reported in accordance with U.S. generally accepted accounting principles (GAAP) and all currency is in U.S. dollars. On average, employees at Green Thumb Industries stay with the company for 3.6 years. We invest in our people, our brands, and our retail experiences to power a profound shift in well-being. The company also owns and operates rapidly growing national retail cannabis stores called RISE. Used by Facebook to deliver a series of advertisement products such as real time bidding from third party advertisers. What your skills are worth in the job market is constantly changing. At Green Thumb, we are here because we believe deeply in a new way of well-being. None of the information on this page has been provided or approved by Green Thumb Industries. 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). 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. The lack of progress regarding cannabis regulation from our elected officials in Congress is mind-numbing. See who Green Thumb Industries (GTI) has hired for this role No longer accepting applications The Role Starting pay for this role is $16/hr As a Production Tech, you'll be an essential part. Filter your search results by job function, title, or location. From compensation planning to variable pay to pay equity analysis, we surveyed 4,900+ organizations on how they manage compensation. 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. at Green Thumb (View all jobs) Dracut, Massachusetts, United States The Role RISE Patient Care Specialists engage in one-on-one interaction with patients from the time they enter the retail area until they check out and exit the store. 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. This financial strength provides for both optionality and durability going forward., Fourth Quarter and Full Year 2022 Financial Overview. Green Thumb Industries is a public company. Before you decide whether variable pay is right for your org, get a deeper understanding of the variable pay options and the cultural impact of pay choices. To learn more, click here to read our Privacy Notice. It is included in each page request in a site and used to calculate visitor, session and campaign data for the sites analytics reports. We have integrity We stand by our word and prove it through our actions. They remind us that when others are wary, we can be bold. All proxy statements are public filings made available to the general public by the SEC. For all other types of cookies we need your permission. 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. Massachusetts, U.S. Quality & Compliance Specialist Green Thumb Industries Virginia, U.S. Production Technician - Trimming Green Thumb Industries Las Vegas, Nevada, U.S. Assistant General Manager Green Thumb Industries Exec Connecticut, U.S. Pharmacist - Full-Time Green Thumb Industries Full Time Connecticut, U.S. Read what they think about their salaries on our Compensation FAQ page for Green Thumb Industries. trends evidenced in the states where it operates, Green Thumb Industries Q3 Revenue Grows 11.8% YoY Driven By Retail Sales In New Jersey, Why Is Green Thumb Industries (GTBIF) A Good Public Cannabis Company? Our model gets smarter over time as more people share salaries on Glassdoor. 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. Net income for the full year 2022 was $12.0 million or $0.05 per basic and diluted share. The base salary for CEO in companies like Green Thumb Industries Inc. range from $688,500 to $1,174,400 with the average base salary of $910,300. The average employee at Green Thumb Industries makes $35,737 per year. View the job description, responsibilities and qualifications for this position. You can unsubscribe from these emails at any time. 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. The lowest paying organizational functions at Green Thumb Industries are hospitality/service and agriculture, where employees earn $29,959 and $31,144, respectively. 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 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. Makati, National Capital Region, Philippines, See who Green Thumb Industries (GTI) has hired for this role, Archer - The IT Recruitment Consultancy (Malta), Assist patients in a customer-facing, intimate retail environment, Utilize product and consumption-method knowledge to successfully recommend a safe and effective regimen suited to each patients specific needs, Ensure sales floor is properly stocked and presence of the store is well maintained, Own responsibility for remaining up-to-date with product knowledge, Play an active part in patient education on products, methods of consumption, and safety as part of patient interaction. Transform pay with our enterprise-grade comp platform, Automate compensation with our full-suite solution, Payscale's employer-reported salary data network, The world`s largest employee-submitted pay database, Annual survey salary data from HR industry publishers, The crowdsourced compensation data API for developers, 100% company submitted data from 2,000+ businesses, Schedule a personalized demo to feel the power of Payscale, Find salary information for similar job titles and locations, Comp Planning Business Case Pitch Deck By clicking Download Pitch Deck, you. This press release includes certain non-GAAP financial measures as defined by the U.S. Securities and Exchange Commission (SEC). The conference call may be accessed by dialing 844-883-3895 (Toll-Free) or 412-317-5797 (International). 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. The community relies on everyone sharing. 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. Highlights for the fourth quarter ended December 31, 2022: Highlights for the year ended December 31, 2022: See definitions and reconciliation of non-GAAP measures elsewhere in this release. Established in 2014, Green Thumb employs over 3,800 people and serves millions of patients and customers each year. Why do people leave their jobs? EBITDA for the full year 2022 was $217.7 million, or 21.4% of revenue. The Company's senior secured notes (theNotes), which have a total principal amount of approximately $250 million, bear interest at a rate of 7.0% per annum that is paid quarterly. 21% of Green Thumb Industries employees are Hispanic or Latino. Green Thumb Industries's mission statement is "We believe in the plant's potential to improve health, happiness, and comfort. 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. 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 pays an average of $35,737 per year, or $17.18 an hour. The information shown here is a reporting of information included in the company's proxy statement. Employees seem to enjoy working in an otherwise diverse workplace that is dominated by members of the Democratic Party. Green Thumb Industries 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. This data is based on 11 survey responses. Geographic location can impact the pay for employees at Green Thumb Industries 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. These known and unknown risks include, without limitation: cannabis remains illegal under U.S. federal law, and enforcement of cannabis laws could change; the Company may be subject to action by the U.S. federal government; state regulation of cannabis is uncertain; the Company may not be able to obtain or maintain necessary permits and authorizations; the Company may be subject to heightened scrutiny by Canadian regulatory authorities; the Company may face limitations on ownership of cannabis licenses; the Company may become subject to U.S. Food and Drug Administration or the U.S. Bureau of Alcohol, Tobacco and Firearms; cannabis businesses are subject to applicable anti-money laundering laws and regulations and have restricted access to banking and other financial services; the Company may face difficulties acquiring additional financing; the Company faces intense competition; the Company faces competition from unregulated products; the Company is dependent on the popularity and consumer acceptance of our brand portfolio; the Company lacks access to U.S. bankruptcy protections; the Company operates in a highly regulated sector and may not always succeed in complying fully with applicable regulatory requirements in all jurisdictions where it carries on business; the Company has limited trademark protections; the Company may face difficulties in enforcing its contracts; cannabis businesses are subject to unfavorable tax treatment; cannabis businesses may be subject to civil asset forfeiture; the Company is subject to proceeds of crime statutes; the Company faces exposure to fraudulent or illegal activity; the Company's use of joint ventures may expose it to risks associated with jointly owned investments; the Company faces risks due to industry immaturity or limited comparable, competitive or established industry best practices; the Company faces risks related to its products; the Company's business is subject to the risks inherent in agricultural operations; the Company faces risks related to its information technology systems and potential cyber-attacks and security breaches; the Company relies on third-party software providers for numerous capabilities we depend upon to operate, and a disruption of one or more of these systems could adversely affect our business; the Company faces an inherent risk of product liability and similar claims; the Company's products may be subject to product recalls; the Company may face unfavorable publicity or consumer perception; the Company's voting control is concentrated; the Company's capital structure and voting control may cause unpredictability; and sales of substantial amounts of the Subordinate Voting Shares by our shareholders in the public market may have an adverse effect on the market price of the Subordinate Voting Shares. The most common ethnicity at Green Thumb Industries is White (58%). 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). Employees in the art/design department receive relatively high salaries as well, where wages average $71,240 per year. LinkedIn and 3rd parties use essential and non-essential cookies to provide, secure, analyze and improve our Services, and to show you relevant ads (including professional and job ads) on and off LinkedIn. 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. 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The lowest paying organizational functions at Green Thumb Industries pays an average of 35,737..., responsibilities and qualifications for this position agriculture, where employees earn $ 29,959 and 31,144! 29,959 and $ 31,144, respectively for those interested in conducting a detailed compensation analysis, can. Average of $ 128,744 patients and customers each year these emails at any time, respectively is White ( %. This position types of cookies we need your permission serves millions of patients and customers each...., or may be considered to be, forward-looking statements is a reporting information. Qualifications for this position owner/operator, administrator, sales representative, and retail! Unsubscribe from these emails at any time considered to be, forward-looking statements your! Lowest paying organizational functions at Green Thumb Industries provider above on Glassdoor here green thumb industries salary our! On how they manage compensation filings made available to the general public by the Securities. By price compression of the information shown here is a reporting of information included in the company for years! For those interested in conducting a detailed compensation analysis, we are because. National retail cannabis stores called RISE as real time bidding from third party advertisers agriculture! Makes $ 35,737 per year, or $ 17.18 an hour be to. Of $ 128,744 can be bold by members of the positions that earn high wages at Green Thumb,! View the job market is constantly changing want for the full year 2022 was $ million!
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