Green Thumb Industries (GTBIF) Raw Materials (2020 - 2026)
Green Thumb Industries' Raw Materials came in at $3.15 million for Q2 2026, up 109.4% from $1.51 million a year earlier and up 83.3% from the prior quarter.
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Analysis
Green Thumb Industries (GTBIF) Raw Materials (2020 - 2026) Analysis & Trends
At the end of FY2025, Green Thumb Industries' Raw Materials was $1.3 million, down 48.0% from FY2024.
- Raw Materials carries a five-year compound annual growth rate of -27.2% (FY2020 to FY2025).
- Going back by year, Raw Materials was $2.5 million in FY2024 (+61.7%), $1.55 million in FY2023 (-49.6%), $3.07 million in FY2022 (-41.8%) and $5.28 million in FY2021 (-17.2%).
- The Q2 2026 figure represents the highest quarterly Raw Materials since Q2 2022.
- Year-over-year, Raw Materials increased in four of the last eight quarters, with growth averaging 26.6%.
- The fastest year-over-year change in Raw Materials over five years came in Q3 2024 (growth of 164.4%), and the weakest in Q2 2023 (a decline of 65.8%).
- Business Quant data shows GTBIF's Raw Materials at $1.72 million (Q1 2026), $1.3 million (Q4 2025) and $1.57 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 | 3.15 Mn |
| Mar 31, 2026 | 1.72 Mn |
| Dec 31, 2025 | 1.30 Mn |
| Sep 30, 2025 | 1.57 Mn |
| Jun 30, 2025 | 1.51 Mn |
| Mar 31, 2025 | 1.25 Mn |
| Dec 31, 2024 | 2.50 Mn |
| Sep 30, 2024 | 2.96 Mn |
| Jun 30, 2024 | 2.21 Mn |
| Mar 31, 2024 | 1.89 Mn |
| Dec 31, 2023 | 1.55 Mn |
| Sep 30, 2023 | 1.12 Mn |
| Jun 30, 2023 | 1.53 Mn |
| Mar 31, 2023 | 2.74 Mn |
| Dec 31, 2022 | 3.07 Mn |
| Sep 30, 2022 | 2.67 Mn |
| Jun 30, 2022 | 4.47 Mn |
| Mar 31, 2022 | 5.30 Mn |
| Dec 31, 2021 | 5.28 Mn |
| Sep 30, 2021 | 6.80 Mn |
API Access
Green Thumb Industries Raw Materials 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=raw-materials&ticker=GTBIF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "raw-materials", "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=raw-materials&ticker=GTBIF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();