Green Thumb Industries Inc. increased its syndicated credit facility led by Valley National Bank by $50 million, bringing the total to $189 million. The facility matures on September 11, 2029, and the proceeds will be used for general corporate purposes and strategic investments.

Green Thumb Industries Secures Additional $50 Million Senior Debt Financing

Feb 20, 2026

Source:

Mg Magazine Newswire

MG Magazine

*CHICAGO* and *VANCOUVER, Canada* — Green Thumb Industries Inc. increased
its existing syndicated credit facility led by Valley National Bank by $50
million, bringing the total facility to $189 million. The company intends
to use the cash proceeds for general corporate purposes, potential
strategic investments, and other working capital requirements.

The credit facility has a maturity date of September 11, 2029, and will
continue to bear interest from the date of issue at Secured Overnight
Financing Rate (SOFR) + 500 basis points. The transaction did not involve
the issuance of any Green Thumb equity to any of the participating banks in
the syndication.