Green Thumb Industries Inc. 8-K

What Happened
Green Thumb Industries Inc. (the Company) filed an 8‑K reporting Amendment No. 1 to its Credit Agreement dated February 19, 2026. The borrower under the agreement is GTI23, Inc., a Delaware subsidiary of Green Thumb. Pursuant to the amendment, the borrower incurred an additional $50 million of term loans; the amendment and loan terms were announced via a press release on February 20, 2026.

Key Details

• Amendment No. 1 to the Credit Agreement dated February 19, 2026 (original Credit Agreement dated Sept. 11, 2024).
• Additional Term Loans: $50,000,000; rank pari passu with existing Closing Date Term Loans and are identical in terms except as specified in the Credit Agreement.
• Agent bank: Valley National Bank, as agent for the lenders. Borrower: GTI23, Inc.; Company: Green Thumb Industries Inc. (British Columbia corporation).
• Intended use of proceeds: pay costs, expenses and fees related to the amendment and to fund potential strategic investments and other working capital needs.
• Filing includes Amendment (Exhibit 10.1) and press release (Exhibit 99.1).

Why It Matters
This filing notifies investors that Green Thumb has increased its outstanding term debt by $50M, which affects the company’s leverage and liquidity profile. The funds are earmarked for amendment-related costs, potential strategic investments and working capital, indicating management is securing liquidity for near‑term operational or strategic uses. Investors should note the new debt ranks equally with existing term loans, and the company added this financing through its existing credit facility rather than issuing equity.