Rythm posted Q2 2026 revenue of USD 23 million, up 73% from the prior quarter, as adjusted EBITDA rose to USD 6.4 million.
Net income was USD 1.2 million, swinging from a loss a year earlier, while cash climbed to USD 41.9 million on USD 8.7 million operating cash flow.
Management outlook
Management cited momentum in THC beverages and said it is withholding Q3 2026 outlook due to uncertainty around federal law changes effective Nov. 12, 2026.
Licensing fees and THC beverage momentum
Fixed annual cash licensing fees of USD 70 million from Green Thumb Industries took effect April 1, 2026.
THC beverage depletions hit about 25,000 cases across 18 states in June, up from about 7,000 a year earlier.
RYM•
