Green Thumb Industries (GTBIF) Notes Payables (2019 - 2026)
Green Thumb Industries' Notes Payables came in at $23.73 million for Q2 2026, up 49.4% from $15.88 million a year earlier and up 0.6% from the prior quarter.
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Analysis
Green Thumb Industries (GTBIF) Notes Payables (2019 - 2026) Analysis & Trends
At the end of FY2025, Green Thumb Industries' Notes Payables was $18.5 million, up 53.3% from FY2024.
- Notes Payables has increased in each of the last six years, with a five-year compound annual growth rate of 122.1% (FY2020 to FY2025).
- Going back by year, Notes Payables was $12.06 million in FY2024 (+302.6%), $3 million in FY2023 (+188.9%), $1.04 million in FY2022 (+32.4%) and $783,000 in FY2021 (+128.9%).
- The Q2 2026 figure represents the highest quarterly Notes Payables since Q2 2024.
- Year-over-year, Notes Payables has increased for four consecutive quarters, with growth averaging 170.7% over the last eight quarters.
- The fastest year-over-year change in Notes Payables over five years came in Q3 2024 (growth of 541.0%), and the weakest in Q2 2025 (a decline of 93.0%).
- Business Quant data shows GTBIF's Notes Payables at $23.58 million (Q1 2026), $18.5 million (Q4 2025) and $17.26 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Philip Morris International | 302.14 Bn | 283.71 Bn | 7.66 Bn |
| 2 | British American Tobacco p.l.c | 129.64 Bn | 108.78 Bn | - |
| 3 | Altria | 115.45 Bn | 101.65 Bn | 3.82 Bn |
| 4 | Curaleaf Holdings | 2.87 Bn | 2.47 Bn | 169.91 Mn |
| 5 | RLX Technology | 2.63 Bn | -932.13 Mn | 52.74 Mn |
| 6 | Trulieve Cannabis | 2.37 Bn | 989.63 Mn | 162.29 Mn |
| 7 | Green Thumb Industries | 1.53 Bn | 385.54 Mn | 137.87 Mn |
| 8 | Cronos | 1.26 Bn | -1.96 Bn | 28.45 Mn |
| 9 | Turning Point Brands | 1.21 Bn | 343.16 Mn | 93.70 Mn |
| 10 | Verano Holdings | 871.29 Mn | 544.91 Mn | 99.70 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 23.73 Mn |
| Mar 31, 2026 | 23.58 Mn |
| Dec 31, 2025 | 18.50 Mn |
| Sep 30, 2025 | 17.26 Mn |
| Jun 30, 2025 | 15.88 Mn |
| Mar 31, 2025 | 13.97 Mn |
| Dec 31, 2024 | 12.06 Mn |
| Sep 30, 2024 | 9.40 Mn |
| Jun 30, 2024 | 227.27 Mn |
| Mar 31, 2024 | 3.04 Mn |
| Dec 31, 2023 | 3.00 Mn |
| Sep 30, 2023 | 1.47 Mn |
| Jun 30, 2023 | 1.05 Mn |
| Mar 31, 2023 | 1.05 Mn |
| Dec 31, 2022 | 1.04 Mn |
| Sep 30, 2022 | 1.03 Mn |
| Jun 30, 2022 | 1.00 Mn |
| Mar 31, 2022 | 900,000.00 |
| Dec 31, 2021 | 783,000.00 |
| Sep 30, 2021 | 777,275.00 |
API Access
Green Thumb Industries Notes Payables API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=notes-payables&ticker=GTBIF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "notes-payables", "ticker": "GTBIF", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=notes-payables&ticker=GTBIF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();