Green Thumb Industries' Annual General Meeting, Elects Directors And Approves Executive Compensation

Green Thumb Industries Inc. GTBIF convened its 2024 Annual General Meeting of Shareholders on June 12, 2024, at its headquarters in Chicago, Illinois. Shareholders voted on several key proposals outlined in the company's 2024 Proxy Statement.

The meeting led to the election of seven directors who will hold their positions until the 2025 annual general meeting or until they step down as per the British Columbia Corporations Act. The elected directors for this cannabis leader include Dawn Wilson Barnes, Anthony Georgiadis, Jeffrey Goldman, Benjamin Kovler, Ethan Nadelmann, Richard Reisin, and Hannah Ross. Wilson Barnes received a favorable vote of 252,999,079 for her directorship, indicative of strong shareholder support.

Additionally, shareholders approved the executive compensation for the company's named officers as advised in the Proxy Statement. Another critical decision was the appointment of Baker Tilly as the company’s auditor. Shareholders authorized the board to fix the auditors’ remuneration and terms of engagement.

The decisions made at this year’s AGM are expected to steer the company through another year of potential growth and operational stability.

GTI Stock Action

Over the past 24 hours, Green Thumb Industries Inc. has experienced a decline of 3.20%, with its stock price adjusting to $11.49. This recent movement is part of a broader trend over the past week where GTBIF has seen a decrease of 6.20%. Despite this short-term volatility, the stock has generally been performing well over the past year with an overall increase of 56.54%