2020 Q3 Form 10-K Financial Statement

#000119312521084882 Filed on March 18, 2021

View on sec.gov

Income Statement

Concept 2020 Q3 2019 Q4 2019 Q3
Revenue $157.1M $75.80M $67.99M
YoY Change 131.07% 21.3% 295.95%
Cost Of Revenue $70.15M $35.21M $35.85M
YoY Change 95.67% 3.01% 283.95%
Gross Profit $86.96M $40.60M $32.14M
YoY Change 170.55% 43.37% 310.25%
Gross Profit Margin 55.35% 53.56% 47.27%
Selling, General & Admin $49.75M $46.71M $30.76M
YoY Change 61.7% -14.54% 132.38%
% of Gross Profit 57.21% 115.05% 95.72%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $2.004M $11.31M $2.495M
YoY Change -19.68% 226.04% 226.59%
% of Gross Profit 2.3% 27.87% 7.76%
Operating Expenses $49.75M $46.71M $30.76M
YoY Change 61.7% -14.54% 121.75%
Operating Profit $37.21M -$6.111M $1.377M
YoY Change 2602.88% -76.8% -122.8%
Interest Expense $4.460M -$1.731M $5.912M
YoY Change -24.56% -103.68% 4440.23%
% of Operating Profit 11.99% 429.45%
Other Income/Expense, Net $1.978M -$2.350M -$12.09M
YoY Change -116.36% -126.09% -251.61%
Pretax Income $39.19M -$10.19M -$10.71M
YoY Change -465.79% -134.26% -489.27%
Income Tax $28.44M $4.638M $3.624M
% Of Pretax Income 72.56%
Net Earnings $9.644M -$14.07M -$14.59M
YoY Change -166.1% 168.32% 336.91%
Net Earnings / Revenue 6.14% -18.56% -21.46%
Basic Earnings Per Share $0.04 -$0.07 -$0.07
Diluted Earnings Per Share $0.04 -$0.07 -$0.07
COMMON SHARES
Basic Shares Outstanding 212.0M 207.7M 204.7M
Diluted Shares Outstanding 214.2M 207.7M 204.7M

Balance Sheet

Concept 2020 Q3 2019 Q4 2019 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $78.09M $46.67M $66.12M
YoY Change 18.1% -68.03% -55.85%
Cash & Equivalents $78.09M $46.67M $66.12M
Short-Term Investments
Other Short-Term Assets $5.692M $2.050M $6.748M
YoY Change -15.64% 36.52% 160.45%
Inventory $55.16M $46.03M $44.35M
Prepaid Expenses $6.990M $6.781M
Receivables $13.12M $7.530M $6.542M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $159.1M $109.1M $123.8M
YoY Change 28.52% -35.49% -25.54%
LONG-TERM ASSETS
Property, Plant & Equipment $177.7M $155.6M $176.5M
YoY Change 0.69% 138.19% 240.56%
Goodwill $382.7M $375.1M
YoY Change 856.74%
Intangibles $409.7M $435.2M
YoY Change
Long-Term Investments $33.96M $24.42M $18.82M
YoY Change 80.5% -47.8% -65.79%
Other Assets $1.684M $3.663M $1.908M
YoY Change -11.72% 67.68% -81.41%
Total Long-Term Assets $1.096B $1.058B $957.9M
YoY Change 14.37% 324.6% 629.23%
TOTAL ASSETS
Total Short-Term Assets $159.1M $109.1M $123.8M
Total Long-Term Assets $1.096B $1.058B $957.9M
Total Assets $1.255B $1.168B $1.082B
YoY Change 15.99% 179.08% 263.5%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $10.99M $8.746M $30.85M
YoY Change -64.38% -2.05% 498.15%
Accrued Expenses $46.31M $37.18M $15.25M
YoY Change 203.68% 407.56% 137.21%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $301.0K $206.7K $181.0K
YoY Change 66.35% -86.04% -87.74%
Total Short-Term Liabilities $105.9M $111.4M $105.6M
YoY Change 0.26% 132.73% 692.58%
LONG-TERM LIABILITIES
Long-Term Debt $96.76M $91.14M $96.77M
YoY Change -0.01% 1489.53% 1490.63%
Other Long-Term Liabilities $130.1M $85.54M $56.46M
YoY Change 130.48% 846.75% 20247.81%
Total Long-Term Liabilities $226.9M $176.7M $153.2M
YoY Change 48.07% 1096.29% 2308.87%
TOTAL LIABILITIES
Total Short-Term Liabilities $105.9M $111.4M $105.6M
Total Long-Term Liabilities $226.9M $176.7M $153.2M
Total Liabilities $374.5M $324.3M $258.2M
YoY Change 45.05% 307.14% 285.83%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $877.3M $840.7M $823.5M
YoY Change
Total Liabilities & Shareholders Equity $1.255B $1.168B $1.082B
YoY Change 15.99% 179.08% 263.5%

Cashflow Statement

Concept 2020 Q3 2019 Q4 2019 Q3
OPERATING ACTIVITIES
Net Income $9.644M -$14.07M -$14.59M
YoY Change -166.1% 168.32% 336.91%
Depreciation, Depletion And Amortization $2.004M $11.31M $2.495M
YoY Change -19.68% 226.04% 226.59%
Cash From Operating Activities $10.81M -$18.36M $6.492M
YoY Change 66.44% 311.65% -1232.91%
INVESTING ACTIVITIES
Capital Expenditures -$15.19M -$21.68M -$30.04M
YoY Change -49.44% 93.53% 313.74%
Acquisitions
YoY Change
Other Investing Activities $0.00 $18.95M -$43.24M
YoY Change -100.0% -130.07% 211.52%
Cash From Investing Activities -$15.19M -$2.728M -$73.27M
YoY Change -79.27% -96.32% 246.63%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -470.0K 1.633M -2.858M
YoY Change -83.56% -97.82% -104.86%
NET CHANGE
Cash From Operating Activities 10.81M -18.36M 6.492M
Cash From Investing Activities -15.19M -2.728M -73.27M
Cash From Financing Activities -470.0K 1.633M -2.858M
Net Change In Cash -4.852M -19.45M -69.64M
YoY Change -93.03% 413.57% -287.56%
FREE CASH FLOW
Cash From Operating Activities $10.81M -$18.36M $6.492M
Capital Expenditures -$15.19M -$21.68M -$30.04M
Free Cash Flow $25.99M $3.323M $36.53M
YoY Change -28.84% -50.73% 446.3%

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CY2019 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
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CY2020 gtbif Increase Decrease In Inventory
IncreaseDecreaseInInventory
23377268
CY2019 gtbif Increase Decrease In Inventory
IncreaseDecreaseInInventory
19928761
CY2020 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-230406
CY2019 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
5656786
CY2020 gtbif Increase Decrease In Deposits And Other Assets
IncreaseDecreaseInDepositsAndOtherAssets
-755630
CY2019 gtbif Increase Decrease In Deposits And Other Assets
IncreaseDecreaseInDepositsAndOtherAssets
306795
CY2020 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
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CY2019 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
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CY2020 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
18683963
CY2019 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
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CY2020 gtbif Increase Decrease In Operating Lease Liabilities
IncreaseDecreaseInOperatingLeaseLiabilities
17682357
CY2019 gtbif Increase Decrease In Operating Lease Liabilities
IncreaseDecreaseInOperatingLeaseLiabilities
6488207
CY2020 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
8540102
CY2019 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
5048319
CY2020 us-gaap Net Cash Provided By Used In Operating Activities
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CY2019 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-18013610
CY2020 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
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CY2019 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
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CY2020 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
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CY2019 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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CY2020 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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CY2019 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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CY2020 gtbif Contributions From Limited Liability Company Unit Holders
ContributionsFromLimitedLiabilityCompanyUnitHolders
50000
CY2019 gtbif Contributions From Limited Liability Company Unit Holders
ContributionsFromLimitedLiabilityCompanyUnitHolders
1650000
CY2020 gtbif Distributions To Third Parties And Limited Liability Company Unit Holders
DistributionsToThirdPartiesAndLimitedLiabilityCompanyUnitHolders
2788500
CY2019 gtbif Distributions To Third Parties And Limited Liability Company Unit Holders
DistributionsToThirdPartiesAndLimitedLiabilityCompanyUnitHolders
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CY2020 gtbif Proceeds From Exercise Of Options And Warrants
ProceedsFromExerciseOfOptionsAndWarrants
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CY2019 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
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CY2020 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
303850
CY2019 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
18743500
CY2020 us-gaap Payments To Minority Shareholders
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150000
CY2020 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-1552203
CY2019 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
93366252
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
37090451
CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-99318738
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
46667334
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
145986072
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
83757785
CY2018 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
5183980
CY2018 us-gaap Gain Loss On Investments
GainLossOnInvestments
-55750
CY2018 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
4061000
CY2018 us-gaap Share Based Compensation
ShareBasedCompensation
12148251
CY2018 gtbif Increase Decrease In Fair Value Of Investments
IncreaseDecreaseInFairValueOfInvestments
-51942861
CY2018 gtbif Changes In Value Of Liabilities Related To Put Option And Purchase Of Noncontrolling Interests
ChangesInValueOfLiabilitiesRelatedToPutOptionAndPurchaseOfNoncontrollingInterests
-2518180
CY2018 gtbif Interest On Contingent Consideration Payable And Acquisition Liabilities
InterestOnContingentConsiderationPayableAndAcquisitionLiabilities
178030
CY2018 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
3682031
CY2018 gtbif Increase Decrease In Inventory
IncreaseDecreaseInInventory
7441790
CY2018 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
2092697
CY2018 gtbif Increase Decrease In Deposits And Other Assets
IncreaseDecreaseInDepositsAndOtherAssets
679072
CY2018 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
4725096
CY2018 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
1722772
CY2018 gtbif Increase Decrease In Operating Lease Liabilities
IncreaseDecreaseInOperatingLeaseLiabilities
0
CY2018 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
243585
CY2018 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-17683003
CY2018 gtbif Contributions From Limited Liability Company Unit Holders
ContributionsFromLimitedLiabilityCompanyUnitHolders
21748211
CY2018 gtbif Distributions To Third Parties And Limited Liability Company Unit Holders
DistributionsToThirdPartiesAndLimitedLiabilityCompanyUnitHolders
17368034
CY2020 gtbif Accrued Capital Expenditures
AccruedCapitalExpenditures
-2029105
CY2019 gtbif Accrued Capital Expenditures
AccruedCapitalExpenditures
14949980
CY2018 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
825000
CY2018 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
1353592
CY2020 us-gaap Interest Paid Net
InterestPaidNet
12761513
CY2019 us-gaap Interest Paid Net
InterestPaidNet
5019465
CY2018 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
27432847
CY2018 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
51489384
CY2018 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-111421268
CY2018 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
245524846
CY2018 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
116420575
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
29565497
CY2020 gtbif Noncash Increase In Right Of Use Asset
NoncashIncreaseInRightOfUseAsset
79084799
CY2019 gtbif Noncash Increase In Right Of Use Asset
NoncashIncreaseInRightOfUseAsset
63477013
CY2020 gtbif Noncash Increase In Lease Liability
NoncashIncreaseInLeaseLiability
-79084799
CY2019 gtbif Noncash Increase In Lease Liability
NoncashIncreaseInLeaseLiability
-63975259
CY2019 gtbif Net Liability Upon Adoption Of Asc842leases
NetLiabilityUponAdoptionOfAsc842leases
498246
CY2019 gtbif Exercise Of Put Option
ExerciseOfPutOption
1128776
CY2020 us-gaap Noncash Or Part Noncash Acquisition Noncash Financial Or Equity Instrument Consideration Warrants Issued1
NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsiderationWarrantsIssued1
753658
CY2019 us-gaap Noncash Or Part Noncash Acquisition Noncash Financial Or Equity Instrument Consideration Warrants Issued1
NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsiderationWarrantsIssued1
20039530
CY2020 gtbif Mortgage Associated With Illinois Dispensary
MortgageAssociatedWithIllinoisDispensary
-3607000
CY2020 gtbif Non Cash Or Part Cash Acquistion Liabilities Incurred For Purchase Of Non Controlling Interest
NonCashOrPartCashAcquistionLiabilitiesIncurredForPurchaseOfNonControllingInterest
5350000
CY2020 us-gaap Noncash Or Part Noncash Acquisition Value Of Liabilities Assumed1
NoncashOrPartNoncashAcquisitionValueOfLiabilitiesAssumed1
2000000
CY2019 us-gaap Stock Issued1
StockIssued1
10999040
CY2020 gtbif Deferred Share Issuances To Prior Owners Of Noncontrolling Interest
DeferredShareIssuancesToPriorOwnersOfNoncontrollingInterest
-751987
CY2019 gtbif Deferred Share Issuances To Prior Owners Of Noncontrolling Interest
DeferredShareIssuancesToPriorOwnersOfNoncontrollingInterest
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CY2019 us-gaap Noncash Or Part Noncash Acquisition Inventory Acquired1
NoncashOrPartNoncashAcquisitionInventoryAcquired1
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CY2019 us-gaap Noncash Or Part Noncash Acquisition Accounts Receivable Acquired1
NoncashOrPartNoncashAcquisitionAccountsReceivableAcquired1
2164140
CY2020 us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
263860
CY2019 us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
16628952
CY2019 gtbif Noncash Or Part Noncash Acquisition Right Of Use Assets
NoncashOrPartNoncashAcquisitionRightOfUseAssets
7461953
CY2020 gtbif Non Cash Or Part Non Cash Acquisition Acquired Increase And Decrease Goodwill
NonCashOrPartNonCashAcquisitionAcquiredIncreaseAndDecreaseGoodwill
6181523
CY2019 gtbif Non Cash Or Part Non Cash Acquisition Acquired Increase And Decrease Goodwill
NonCashOrPartNonCashAcquisitionAcquiredIncreaseAndDecreaseGoodwill
377163592
CY2020 gtbif Non Cash Or Part Noncash Acquisition Goodwill
NonCashOrPartNoncashAcquisitionGoodwill
7612476
CY2019 gtbif Non Cash Or Part Noncash Acquisition Goodwill
NonCashOrPartNoncashAcquisitionGoodwill
331208108
CY2020 gtbif Noncash Or Part Noncash Acquisition Deposits And Other Assets
NoncashOrPartNoncashAcquisitionDepositsAndOtherAssets
610863
CY2019 gtbif Noncash Or Part Noncash Acquisition Deposits And Other Assets
NoncashOrPartNoncashAcquisitionDepositsAndOtherAssets
1171667
CY2020 us-gaap Noncash Or Part Noncash Acquisition Other Liabilities Assumed1
NoncashOrPartNoncashAcquisitionOtherLiabilitiesAssumed1
1519596
CY2019 us-gaap Noncash Or Part Noncash Acquisition Other Liabilities Assumed1
NoncashOrPartNoncashAcquisitionOtherLiabilitiesAssumed1
9729371
CY2019 gtbif Noncash Or Part Noncash Acquisition Lease Liabilities
NoncashOrPartNoncashAcquisitionLeaseLiabilities
7461953
CY2019 gtbif Non Cash Or Part Noncash Acquisition Contingent Liabilities
NonCashOrPartNoncashAcquisitionContingentLiabilities
56992000
CY2020 gtbif Non Cash Or Part Noncash Acquisition Equity Interests Issued
NonCashOrPartNoncashAcquisitionEquityInterestsIssued
5096648
CY2019 gtbif Non Cash Or Part Noncash Acquisition Equity Interests Issued
NonCashOrPartNoncashAcquisitionEquityInterestsIssued
495806400
CY2019 gtbif Noncash Or Part Non Cash Acquisition Conversion Of Note Receivable Previously Issued
NoncashOrPartNonCashAcquisitionConversionOfNoteReceivablePreviouslyIssued
27121559
CY2019 gtbif Non Cash Or Part Noncash Acquisition Liability
NonCashOrPartNoncashAcquisitionLiability
17378866
CY2020 gtbif Noncash Or Part Noncash Acquisition Deferred Income Taxes
NoncashOrPartNoncashAcquisitionDeferredIncomeTaxes
-720200
CY2019 gtbif Noncash Or Part Noncash Acquisition Deferred Income Taxes
NoncashOrPartNoncashAcquisitionDeferredIncomeTaxes
36046274
CY2018 us-gaap Interest Paid Net
InterestPaidNet
874298
CY2018 gtbif Accrued Capital Expenditures
AccruedCapitalExpenditures
2710085
CY2018 us-gaap Noncash Or Part Noncash Acquisition Inventory Acquired1
NoncashOrPartNoncashAcquisitionInventoryAcquired1
975329
CY2018 us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
3938703
CY2018 gtbif Non Cash Or Part Non Cash Acquisition Acquired Increase And Decrease Goodwill
NonCashOrPartNonCashAcquisitionAcquiredIncreaseAndDecreaseGoodwill
76650639
CY2018 gtbif Non Cash Or Part Noncash Acquisition Goodwill
NonCashOrPartNoncashAcquisitionGoodwill
39016100
CY2018 gtbif Noncash Or Part Noncash Acquisition Deposits And Other Assets
NoncashOrPartNoncashAcquisitionDepositsAndOtherAssets
239808
CY2018 us-gaap Noncash Or Part Noncash Acquisition Other Liabilities Assumed1
NoncashOrPartNoncashAcquisitionOtherLiabilitiesAssumed1
2088369
CY2018 gtbif Non Cash Or Part Noncash Acquisition Contingent Liabilities
NonCashOrPartNoncashAcquisitionContingentLiabilities
8857220
CY2018 gtbif Non Cash Or Part Noncash Acquisition Equity Interests Issued
NonCashOrPartNoncashAcquisitionEquityInterestsIssued
49689149
CY2018 gtbif Noncash Or Part Noncash Acquisition Deferred Income Taxes
NoncashOrPartNoncashAcquisitionDeferredIncomeTaxes
6680000
CY2020Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
6372659
CY2019Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
6375032
CY2020Q4 gtbif Inventory Packing And Miscellaneous
InventoryPackingAndMiscellaneous
8592153
CY2019Q4 gtbif Inventory Packing And Miscellaneous
InventoryPackingAndMiscellaneous
4887970
CY2020Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
25488806
CY2019Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
20162723
CY2020Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
30821392
CY2019Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
16640629
CY2020Q4 us-gaap Inventory Adjustments
InventoryAdjustments
1732057
CY2019Q4 us-gaap Inventory Adjustments
InventoryAdjustments
2031873
CY2019Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
164713394
CY2020 us-gaap Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
61870788
CY2020 us-gaap Property Plant And Equipment Disposals
PropertyPlantAndEquipmentDisposals
12465405
CY2020Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
214118777
CY2019Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
9116719
CY2020Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
24192900
CY2018Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
69207422
CY2019 us-gaap Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
100900501
CY2019 gtbif Property Plant And Equipment Additions From Acquisition
PropertyPlantAndEquipmentAdditionsFromAcquisition
16525362
CY2019 us-gaap Property Plant And Equipment Disposals
PropertyPlantAndEquipmentDisposals
21919891
CY2018Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
3883342
CY2018Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
65324080
CY2020 us-gaap Depreciation
Depreciation
15479179
CY2019 us-gaap Depreciation
Depreciation
6827711
CY2019Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
462253283
CY2020 us-gaap Finite Lived Intangible Assets Purchase Accounting Adjustments
FiniteLivedIntangibleAssetsPurchaseAccountingAdjustments
1695009
CY2020Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
470274815
CY2019Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
27006385
CY2020 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
37026396
CY2020Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
64032781
CY2020Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
435246898
CY2020Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
406242034
CY2018Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
90905693
CY2019 gtbif Intangible Assets Additions From Acquisition
IntangibleAssetsAdditionsFromAcquisition
371347590
CY2018Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
2540015
CY2019 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
24466370
CY2019Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
88365678
CY2019Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
435246898
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
39194333
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
38763593
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
38680777
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
38099444
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
213502110
CY2020 us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
-2003275
CY2020Q3 us-gaap Goodwill
Goodwill
382697467
CY2018Q4 us-gaap Goodwill
Goodwill
39204360
CY2019 us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
4672521
CY2020 us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
-2003275
CY2020 us-gaap Cost Of Goods And Services Sold Depreciation And Amortization
CostOfGoodsAndServicesSoldDepreciationAndAmortization
52505575
CY2019 us-gaap Cost Of Goods And Services Sold Depreciation And Amortization
CostOfGoodsAndServicesSoldDepreciationAndAmortization
31482340
CY2018 us-gaap Cost Of Goods And Services Sold Depreciation And Amortization
CostOfGoodsAndServicesSoldDepreciationAndAmortization
5183980
CY2020Q4 us-gaap Investments Fair Value Disclosure
InvestmentsFairValueDisclosure
923581
CY2020 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
26370803
CY2018 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
4797283
CY2019 gtbif Unrealized Gain Loss On Variable Notes Receivables
UnrealizedGainLossOnVariableNotesReceivables
-6608790
CY2018 gtbif Unrealized Gain Loss On Variable Notes Receivables
UnrealizedGainLossOnVariableNotesReceivables
-4206141
CY2020 gtbif Decrease In Fair Value Of Warrants
DecreaseInFairValueOfWarrants
-23001771
CY2020 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Asset1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationAsset1
9877013
CY2020 gtbif Other Gains
OtherGains
626675
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
2604511
CY2020 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
10.36
CY2019 gtbif Other Gains
OtherGains
802000
CY2018 gtbif Other Gains
OtherGains
-376139
CY2020 gtbif Stock Issued During Period Contingent Consideration
StockIssuedDuringPeriodContingentConsideration
2713463
CY2020 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
CY2020 gtbif Stock Issued During Period Value Contingent Consideration
StockIssuedDuringPeriodValueContingentConsideration
22885813
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
3839017
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
13.21
CY2020 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
165872
CY2020 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
12.72
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
613250
CY2020 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
13.27
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
5664406
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
11.91
CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares
1749365
CY2020 gtbif Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Weighted Average Exercise Price
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedWeightedAverageExercisePrice
13.37
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
1532282
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
13.22
CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P5Y25D
CY2020 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
19336718
CY2019 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
18285377
CY2018 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
6625071
CY2020Q4 us-gaap Notes Payable
NotesPayable
99054979
CY2019Q4 us-gaap Notes Payable
NotesPayable
91346869
CY2020Q4 us-gaap Notes Payable Current
NotesPayableCurrent
341983
CY2019Q4 us-gaap Notes Payable Current
NotesPayableCurrent
206675
CY2020 gtbif Debt Percentage Held By Related Parties
DebtPercentageHeldByRelatedParties
0.01
CY2020 gtbif Debt Percentage Held By Unrelated Third Parties
DebtPercentageHeldByUnrelatedThirdParties
0.99
CY2020Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P12Y1M6D
CY2020Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.137
CY2019Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P7Y5M1D
CY2019Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.120
CY2020Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
230602010
CY2020Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
150288870
CY2020 dei Document Type
DocumentType
10-K
CY2020 dei Document Period End Date
DocumentPeriodEndDate
2020-12-31
CY2020 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2020
CY2020 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2020 dei Entity Registrant Name
EntityRegistrantName
GREEN THUMB INDUSTRIES INC.
CY2020 dei Entity Central Index Key
EntityCentralIndexKey
0001795139
CY2020 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2020 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2020 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2020 dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
CY2020Q2 dei Entity Public Float
EntityPublicFloat
1749774660
CY2020 dei Entity Address State Or Province
EntityAddressStateOrProvince
BC
CY2020Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2019Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2019 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-132523
CY2018 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
2869342
CY2019 gtbif Decrease In Fair Value Of Warrants
DecreaseInFairValueOfWarrants
4159687
CY2019 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Asset1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationAsset1
-3686921
CY2020 gtbif Unrealized Gain Loss On Variable Notes Receivables
UnrealizedGainLossOnVariableNotesReceivables
-815937
CY2020 gtbif Contingent Consideration And Other Adjustments To Purchase Accounting
ContingentConsiderationAndOtherAdjustmentsToPurchaseAccounting
22885813
CY2018 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-667837
CY2019 us-gaap Gain Loss On Investments
GainLossOnInvestments
-56423
CY2019 gtbif Increase In Fair Value Of Warrants
IncreaseInFairValueOfWarrants
4159687
CY2019 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
20325557
CY2020 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
8921162
CY2019 gtbif Proceeds From Exercise Of Options And Warrants
ProceedsFromExerciseOfOptionsAndWarrants
-540089
CY2018 gtbif Proceeds From Exercise Of Options And Warrants
ProceedsFromExerciseOfOptionsAndWarrants
-906296
CY2019 gtbif Non Cash Or Part Cash Acquistion Liabilities Incurred For Purchase Of Non Controlling Interest
NonCashOrPartCashAcquistionLiabilitiesIncurredForPurchaseOfNonControllingInterest
25420009
CY2018 gtbif Non Cash Or Part Cash Acquistion Liabilities Incurred For Purchase Of Non Controlling Interest
NonCashOrPartCashAcquistionLiabilitiesIncurredForPurchaseOfNonControllingInterest
-25068847
CY2020 gtbif Issuance Of Shares Under Business Combinations
IssuanceOfSharesUnderBusinessCombinations
4619237
CY2019 gtbif Issuance Of Shares Under Business Combinations
IssuanceOfSharesUnderBusinessCombinations
495737729
CY2018 gtbif Issuance Of Shares Under Business Combinations
IssuanceOfSharesUnderBusinessCombinations
51151649
CY2020 us-gaap Noncash Or Part Noncash Acquisition Inventory Acquired1
NoncashOrPartNoncashAcquisitionInventoryAcquired1
131204
CY2020 gtbif Noncash Or Part Noncash Acquisition Right Of Use Assets
NoncashOrPartNoncashAcquisitionRightOfUseAssets
119313
CY2020 gtbif Noncash Or Part Noncash Acquisition Lease Liabilities
NoncashOrPartNoncashAcquisitionLeaseLiabilities
119313
CY2018 gtbif Noncash Or Part Noncash Acquisition Noncontrolling Interests Acquired1
NoncashOrPartNoncashAcquisitionNoncontrollingInterestsAcquired1
-2043092
CY2018 us-gaap Depreciation
Depreciation
2687025
CY2020 us-gaap Operating Lease Expense
OperatingLeaseExpense
26287253
CY2019 us-gaap Operating Lease Expense
OperatingLeaseExpense
7291154
CY2018 us-gaap Operating Lease Expense
OperatingLeaseExpense
1901000
CY2017Q4 gtbif Charitable Contribution Quarterly Payment
CharitableContributionQuarterlyPayment
50000
CY2017 gtbif Charitable Contribution Date Of Last Required Payment
CharitableContributionDateOfLastRequiredPayment
October 2024
CY2020Q4 us-gaap Debt Instrument Interest Rate Stated Percentage
DebtInstrumentInterestRateStatedPercentage
0.0217
CY2018 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2496955
CY2020 gtbif Measurement Period Adjustment In Intangible Assets
MeasurementPeriodAdjustmentInIntangibleAssets
1840009
CY2020 us-gaap Increase Decrease In Intangible Assets Current
IncreaseDecreaseInIntangibleAssetsCurrent
6326523
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
0.0031
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
0.0137
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
0.0118
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
0.0184
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.00
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.00
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.80
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum
0.80
CY2020 us-gaap Allowance For Doubtful Accounts Receivable Period Increase Decrease
AllowanceForDoubtfulAccountsReceivablePeriodIncreaseDecrease
223200
CY2019 us-gaap Allowance For Doubtful Accounts Receivable Period Increase Decrease
AllowanceForDoubtfulAccountsReceivablePeriodIncreaseDecrease
139000
CY2020 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
367400
CY2019 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
161700
CY2020 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0
CY2019 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0
CY2020Q4 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
2520794
CY2019Q4 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
2406811
CY2020 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1307421
CY2020 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
101254
CY2019 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0
CY2018 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0
CY2020 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0
CY2019 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0
CY2020 us-gaap Number Of Reporting Units
NumberOfReportingUnits
22
CY2020Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
102602602
CY2020Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
119639924
CY2020Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
157103841
CY2020Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
208468356
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
-4206264
CY2020Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
177226522
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
556572889
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
-12909505
CY2020Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
7552657
CY2020Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
14050703
CY2020Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.02
CY2020Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
209902732
CY2020Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
211990405
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
9643929
CY2020Q4 us-gaap Net Income Loss
NetIncomeLoss
22464807
CY2020Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.02
CY2020Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
37211186
CY2020Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
47292283
CY2020Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.11
CY2020Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.06
CY2020Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.04
CY2020Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.06
CY2020Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.04
CY2020Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.11
CY2020Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
213249477
CY2020Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
208468356
CY2020Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
209902732
CY2020Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
214212292
CY2020Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
217178771
CY2019Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
27913163
CY2019Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
44726777
CY2019Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
67990907
CY2019Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
75801758
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
216432605
CY2019Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-13629660
CY2019Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-9326730
CY2019Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
1376718
CY2019Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
-6111030
CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
-9563056
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
-20892049
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
-14590793
CY2019Q4 us-gaap Net Income Loss
NetIncomeLoss
-14070509
CY2019Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.06
CY2019Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.11
CY2019Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.07
CY2019Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.07
CY2019Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.06
CY2019Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.11
CY2019Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.07
CY2019Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.07
CY2019Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
167171886
CY2019Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
182261947
CY2019Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
204709085
CY2019Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
207666666
CY2019Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
167171886
CY2019Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
182261947
CY2019Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
204709085
CY2019Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
207666666
CY2018Q2 us-gaap Common Stock Shares Subscriptions
CommonStockSharesSubscriptions
65.1
CY2018Q2 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
4.0
CY2018Q2 us-gaap Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
285000
CY2018Q2 gtbif Warrant Liability Strike Price
WarrantLiabilityStrikePrice
7.75
CY2018Q2 us-gaap Warrants Not Settleable In Cash Fair Value Disclosure
WarrantsNotSettleableInCashFairValueDisclosure
900000
CY2018Q2 us-gaap Common Stock Voting Rights
CommonStockVotingRights
consolidated its existing common shares on the basis of one Subordinate Voting Share for each 368 existing common shares of the Company.
CY2018Q4 us-gaap Notes Receivable Fair Value Disclosure
NotesReceivableFairValueDisclosure
11630867
CY2020Q4 us-gaap Notes Receivable Fair Value Disclosure
NotesReceivableFairValueDisclosure
0
CY2019Q4 us-gaap Notes Receivable Fair Value Disclosure
NotesReceivableFairValueDisclosure
815937
CY2019Q4 us-gaap Limited Liability Company Llc Members Equity Including Portion Attributable To Noncontrolling Interest
LimitedLiabilityCompanyLlcMembersEquityIncludingPortionAttributableToNoncontrollingInterest
2512913
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
25316762
CY2018Q4 us-gaap Notes Receivable Fair Value Disclosure
NotesReceivableFairValueDisclosure
7424727
CY2018Q4 us-gaap Limited Liability Company Llc Members Equity Including Portion Attributable To Noncontrolling Interest
LimitedLiabilityCompanyLlcMembersEquityIncludingPortionAttributableToNoncontrollingInterest
3497459
CY2019 gtbif Variable Interest Entity Activity Between Vie And Entity Contributions
VariableInterestEntityActivityBetweenVieAndEntityContributions
1650000
CY2019 gtbif Variable Interest Entity Activity Between Vie And Entity Distributions
VariableInterestEntityActivityBetweenVieAndEntityDistributions
-7516061
CY2020 gtbif Variable Interest Entity Activity Between Vie And Entity Contributions
VariableInterestEntityActivityBetweenVieAndEntityContributions
50000
CY2020 gtbif Variable Interest Entity Activity Between Vie And Entity Distributions
VariableInterestEntityActivityBetweenVieAndEntityDistributions
-2788500
CY2019 us-gaap Variable Interest Entity Activity Between Vie And Entity Operating Income Or Loss
VariableInterestEntityActivityBetweenVIEAndEntityOperatingIncomeOrLoss
-430463
CY2019 gtbif Variable Interest Entity Activity Between Vie And Entity Changes In Ownership
VariableInterestEntityActivityBetweenVieAndEntityChangesInOwnership
5311978
CY2020 us-gaap Variable Interest Entity Activity Between Vie And Entity Operating Income Or Loss
VariableInterestEntityActivityBetweenVIEAndEntityOperatingIncomeOrLoss
4084953
CY2020 gtbif Variable Interest Entity Activity Between Vie And Entity Changes In Ownership
VariableInterestEntityActivityBetweenVieAndEntityChangesInOwnership
-322270
CY2020Q4 us-gaap Limited Liability Company Llc Members Equity Including Portion Attributable To Noncontrolling Interest
LimitedLiabilityCompanyLlcMembersEquityIncludingPortionAttributableToNoncontrollingInterest
3537096
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
26824253
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
26728281
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
26112596
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
24016922
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
251892066
CY2019Q4 us-gaap Business Acquisition Cost Of Acquired Entity Transaction Costs
BusinessAcquisitionCostOfAcquiredEntityTransactionCosts
812000
CY2019 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
258471673
CY2019 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
-8394854
CY2018 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
139771855
CY2018 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
-24006529
CY2020 us-gaap Fair Value Adjustment Of Warrants
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-23001771
CY2019 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
4159687
CY2018 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.24
CY2019 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.24
CY2020 gtbif Additional To Long Term Invesmnets
AdditionalToLongTermInvesmnets
525000
CY2018Q4 us-gaap Long Term Investments
LongTermInvestments
40933283
CY2019 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
-5459462
CY2019 gtbif Additions To Long Term Investments Business Acquisitions
AdditionsToLongTermInvestmentsBusinessAcquisitions
-21405000
CY2020 gtbif Disposal Of Long Term Investments
DisposalOfLongTermInvestments
-169818
CY2020Q4 us-gaap Equity Fair Value Disclosure
EquityFairValueDisclosure
37249189
CY2019Q4 us-gaap Equity Fair Value Disclosure
EquityFairValueDisclosure
4900000
CY2019Q4 us-gaap Equity Method Investment Ownership Percentage
EquityMethodInvestmentOwnershipPercentage
0.0600
CY2020Q3 us-gaap Stock Issued During Period Shares Conversion Of Units
StockIssuedDuringPeriodSharesConversionOfUnits
613875
CY2020 us-gaap Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
26370803
CY2018 us-gaap Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
4797283
CY2020 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2019 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2018 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2020 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
21615452
CY2019 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-10542596
CY2018 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
6247788
CY2019 us-gaap Income Tax Reconciliation Minority Interest Income Expense
IncomeTaxReconciliationMinorityInterestIncomeExpense
49203
CY2018 us-gaap Income Tax Reconciliation Minority Interest Income Expense
IncomeTaxReconciliationMinorityInterestIncomeExpense
-1062111
CY2020 us-gaap Income Tax Reconciliation Tax Contingencies State And Local
IncomeTaxReconciliationTaxContingenciesStateAndLocal
14836807
CY2019 us-gaap Income Tax Reconciliation Tax Contingencies State And Local
IncomeTaxReconciliationTaxContingenciesStateAndLocal
-1536694
CY2018 us-gaap Income Tax Reconciliation Tax Contingencies State And Local
IncomeTaxReconciliationTaxContingenciesStateAndLocal
-279899
CY2020 gtbif Income Tax Reconciliation Tax Provision To Return Adjustment
IncomeTaxReconciliationTaxProvisionToReturnAdjustment
5299091
CY2019 gtbif Income Tax Reconciliation Tax Provision To Return Adjustment
IncomeTaxReconciliationTaxProvisionToReturnAdjustment
-1209592
CY2018 gtbif Income Tax Reconciliation Tax Provision To Return Adjustment
IncomeTaxReconciliationTaxProvisionToReturnAdjustment
53304
CY2020 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
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-211132
CY2019 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
-1952083
CY2020 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
27570364
CY2019 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
14166223
CY2018 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
2263978
CY2020 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
-2535415
CY2019 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
513338
CY2020 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
7705790
CY2019 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
7604098
CY2018 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-39465
CY2020 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
65118212
CY2019 us-gaap Current Federal Tax Expense Benefit
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18095946
CY2018 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
2842696
CY2020 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
16640086
CY2019 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
4665000
CY2018 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
279899
CY2020 gtbif Income Tax Reconciliation Change In Uncertain Tax Position
IncomeTaxReconciliationChangeInUncertainTaxPosition
9918112
CY2019 gtbif Income Tax Reconciliation Change In Uncertain Tax Position
IncomeTaxReconciliationChangeInUncertainTaxPosition
2113263
CY2020 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-346267
CY2019 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
138873
CY2020 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
81758298
CY2019 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
22760946
CY2018 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
3122595
CY2020 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
3520293
CY2019 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-12535000
CY2018 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
3330000
CY2020 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-1425789
CY2019 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-881913
CY2018 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
731000
CY2020 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
CY2020 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
2094504
CY2019 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-13416913
CY2018 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
4061000
CY2018 us-gaap Conversion Of Stock Amount Converted1
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8613740
CY2018 gtbif Stock Issued During Period Value Reverse Takeover
StockIssuedDuringPeriodValueReverseTakeover
3002634
CY2018 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
59788076
CY2018 us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
2800000
CY2018 gtbif Conversion Of Exchange Note
ConversionOfExchangeNote
44140526
CY2018 gtbif Distribution From Limited Liability Company Unit Holders
DistributionFromLimitedLiabilityCompanyUnitHolders
18934973
CY2018 gtbif Noncontrolling Interest Control Acquired Through Management Service Agreement
NoncontrollingInterestControlAcquiredThroughManagementServiceAgreement
-164635
CY2018 us-gaap Noncontrolling Interest Increase From Business Combination
NoncontrollingInterestIncreaseFromBusinessCombination
1896546
CY2019 us-gaap Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
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