Cannabis Co. Green Thumb Reports $74M Cash Flow From Operations, $291M Revenue In Q3: Here’s What Drove Performance

Green Thumb Industries Inc. (CSE: GTII) (OTCQX: GTBIF), a cannabis packaged goods company and owner of RISE Dispensaries, reported on Wednesday its financial results for the third quarter of fiscal 2025.

The company’s revenue totaled $291.4 million, up 1.6% year over year.

GAAP net income totaled $23.3 million or $0.10 per basic and diluted share, compared to net income of $8.6 million, or $0.04 per basic and diluted share in the prior year period.

Adjusted EBITDA came in positive at $80.2 million, accounting for 27.5% of revenue, down from $89.2 million or 31.1% of revenue for the corresponding quarter of fiscal 2024.

Cash at quarter end totaled $226.2 million.

Cash flow from operations of $74.1 million.

Other business highlights

Green Thumb approved $50 million for the repurchase of subordinate voting shares from Sept.23, 2025, to Sept. 22, 2026.

The company also launched cannabis sales at seven of eight RISE Dispensaries in Minnesota on Sept. 17, 2025.

The eighth Minnesota RISE Dispensary launched adult-use cannabis sales on Oct. 21.2025.

“Despite ongoing price compression in certain key markets, our team delivered another solid quarter of results,” Ben Kovler, Green Thumb’s chairman and CEO, said. “Our balance sheet is in comfortable shape with cash and cash equivalents of $226 million, and our senior credit facility does not mature for four years.”

Separately, workers at the company’s subsidiary RISE have ratified their first Teamsters contract following a 45-day strike, touted as the longest successful work stoppage in the history of the U.S. cannabis industry, as reported by Cannabis Business Times.