# EDGAR Filing Document

**Accession Number:** 0001795139
**File Stem:** 0001415889-23-000307
**Filing Date:** 2023-1
**Character Count:** 9064
**Document Hash:** 920f3b832079b834349eb816a39d0afe
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001415889-23-000307.hdr.sgml**: 20230104

**ACCESSION NUMBER**: 0001415889-23-000307

**CONFORMED SUBMISSION TYPE**: 3

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20230101

**FILED AS OF DATE**: 20230104

**DATE AS OF CHANGE**: 20230104

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Kravitz Bret
- **CENTRAL INDEX KEY:** 0001959618

**FILING VALUES:**
- **FORM TYPE:** 3
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 000-56132
- **FILM NUMBER:** 23506841

**MAIL ADDRESS:**
- **STREET 1:** 325 WEST HURON STREET
- **STREET 2:** SUITE 700
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60654
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Green Thumb Industries Inc.
- **CENTRAL INDEX KEY:** 0001795139
- **STANDARD INDUSTRIAL CLASSIFICATION:** AGRICULTURE PRODUCTION - CROPS [0100]
- **IRS NUMBER:** 981437430

**BUSINESS ADDRESS:**
- **STREET 1:** 325 WEST HURON STREET
- **STREET 2:** SUITE 700
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60654
- **BUSINESS PHONE:** 312-471-6720

**MAIL ADDRESS:**
- **STREET 1:** 325 WEST HURON STREET
- **STREET 2:** SUITE 700
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60654

## Ex-24

**POWER OF ATTORNEY**

The undersigned hereby constitutes and appoints Kathryn A. Lloyd, signing singly, the undersigned's true and lawful attorney-in-fact to:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) prepare, execute, deliver and file for and on behalf of the undersigned, the Uniform Application for Access codes to file on EDGAR ("Form ID") with the Securities and Exchange Commission ("SEC") and receive for and on behalf of the undersigned any notice given to the undersigned in connection with the Form ID;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) prepare, execute, acknowledge, deliver and file for and on behalf of the undersigned any and all filings required by Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and the rules and regulations thereunder, with respect to the securities of Green Thumb Industries, Inc., including but not limited to Forms 3, 4 and 5; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) take any other action of any type whatsoever in connection with the foregoing which, in the opinion of such attorney-in-fact, may be of benefit to, in the best interest of, or legally required by, the undersigned, it being understood that the documents executed by such attorney-in-fact on behalf of the undersigned pursuant to this Power of Attorney shall be in such form and shall contain such terms and conditions as such attorney-in-fact may approve in such attorney-in-fact's discretion.

The Powers granted above may be exercised by each such attorney-in-fact acting alone. The undersigned acknowledges that by executing this Power of Attorney, he or she is not relieved of his or her responsibilities to comply with Section 16 of the Exchange Act.

This Power of Attorney shall be effective on the date set forth below and shall continue in full force and effect until the date on which the undersigned shall cease to be subject to Section 16 of the Exchanged act and the rules and regulations thereunder or until such earlier date on which written notification executed by the undersigned is filed with the SEC expressly revoking this Power of Attorney.

IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be executed as of this __<u>20th</u>___ day of _<u>December</u>__, 2022.

&nbsp;&nbsp;<u>/s/Bret D. Kravitz</u>_____________<br> Bret D. Kravitz<br>

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 3

### INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>Kravitz Bret<br><sub>(Last) (First) (Middle)</sub><br>325 W. HURON STREET<br>SUITE 700<br><sub>(Street)</sub><br>CHICAGO, IL 60654<br><sub>(City) (State) (Zip)</sub> | **3. Issuer Name and Ticker or Trading Symbol**<br>Green Thumb Industries Inc. [ GTII/GTBIF ] | **5. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  |
| **2. Date of Event Requiring Statement (Month/Day/Year)**<br>2023-01-01 | **4. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[ ] Director   [ ] 10% Owner<br>[X] Officer (give title below)   [ ] Other (specify below)<br>_GENERAL COUNSEL AND SECRETARY_ | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities Beneficially Owned

---

|  |  |  |  |
| --- | --- | --- | --- |
| 1. Title of Security | 2. Amount of Securities Beneficially Owned | 3. Ownership Form | 4. Nature of Indirect Beneficial Ownership |
| Subordinate Voting Shares | 326748 | D |  |
| Multiple Voting Shares | 302 | D |  |

---

## Table II - Derivative Securities Beneficially Owned

---

|  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Underlying Securities | 3. Title and Amount of Underlying Securities | 4. Conversion or Exercise Price | 5. Ownership Form | 6. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 4. Conversion or Exercise Price | 5. Ownership Form | 6. Nature of Indirect Beneficial Ownership |
| Employee Stock Options | 2020-09-27<sup>(1)</sup> | 2024-09-27 | Subordinate Voting Shares | 6000<sup>(1)</sup> | 8.58<sup>(2)</sup> | D |  |
| Employee Stock Options | 2021-03-27<sup>(3)</sup> | 2025-03-27 | Subordinate Voting Shares | 22418<sup>(3)</sup> | 6.55<sup>(4)</sup> | D |  |
| Employee Stock Options | 2022-04-01<sup>(5)</sup> | 2026-04-01 | Subordinate Voting Shares | 7470<sup>(5)</sup> | 29.68<sup>(6)</sup> | D |  |
| Employee Stock Options | 2023-04-01<sup>(7)</sup> | 2029-04-01 | Subordinate Voting Shares | 7788<sup>(7)</sup> | 19.10<sup>(8)</sup> | D |  |
| Employee Stock Options | 2023-07-01<sup>(9)</sup> | 2029-07-01 | Subordinate Voting Shares | 19379<sup>(9)</sup> | 7.98<sup>(10)</sup> | D |  |

---

### Footnotes:

(1) The stock option was granted on September 27, 2019 and is now fully vested.

(2) In the Issuer's discretion, the option may also be exercised for CA$11.37, based on the currency exchange rate of 1.3252 as reported by the Bank of Canada as of the close of trading on the Canadian Stock Exchange on September 27, 2019.

(3) The stock option was granted on March 27, 2020 and vests in one-third increments on March 27, 2021, March 27, 2022, and March 27, 2023.

(4) In the Issuer's discretion, the option may also be exercised for CA$9.22, based on the currency exchange rate of 1.4076 as reported by the Bank of Canada as of the close of trading on the Canadian Stock Exchange on March 27, 2020.

(5) The stock option was granted on April 1, 2021 and vests in one-third increments on April 1, 2022, April 1, 2023, and April 1, 2024.

(6) In the Issuer's discretion, the option may also be exercised for CA$37.29, based on the currency exchange rate of 1.2564 as reported by the Bank of Canada as of the close of trading on the Canadian Stock Exchange on April 1, 2021.

(7) The stock option was granted on April 1, 2022 and vests in one-third increments on April 1, 2023, April 1, 2024, and April 1, 2025.

(8) In the Issuer's discretion, the option may also be exercised for CA$23.90, based on the currency exchange rate of 1.2513 as reported by the Bank of Canada as of the close of trading on the Canadian Stock Exchange on April 1, 2022.

(9) The stock option was granted on July 1, 2022 and vests in one-half increments on January 1, 2023 and January 1, 2024.

(10) In the Issuer's discretion, the option may also be exercised for CA$10.28, based on the currency exchange rate of 1.2882 as reported by the Bank of Canada as of the close of trading on the Canadian Stock Exchange on July 1, 2022.

**Signature:** /s/ Kathryn A. Lloyd, Attorney-in-Fact  
**Date:** 2023-01-04

### Remarks:

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

**Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.**