Green Thumb subsidiaries RSLGH, VMS amend RYTHM warrants, notes to lift beneficial ownership limits
Removal of cap triggers consolidation
The removal of the 49.99% cap triggers consolidation of RYTHM in Green Thumb’s financial statements starting Oct. 10, 2026.
Green Thumb said it does not plan to convert or exercise the securities before or after that date, and that consolidation occurs automatically under the amended terms.
Amended securities agreements lift ownership caps
Green Thumb subsidiaries RSLGH, LLC and Vision Management Services amended agreements with RYTHM, effective Oct. 10, 2026.
The amendment removes beneficial ownership limits on conversion of $72 million in secured convertible notes held by RSLGH. It also removes ownership limits tied to pre-funded warrants for 9,731,638 RYTHM shares held by RSLGH.
