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Green Thumb Industries to Hold Second Quarter 2022 Earnings Conference Call on August 3, 2022

Green Thumb Industries Inc. (Green Thumb) (CSE: GTII) (OTCQX: GTBIF), a leading national cannabis consumer packaged goods company and owner of RISE dispensaries today announced it will release second quarter financial results after the market closes on Wednesday, August 3, 2022.

A conference call and audio webcast will also be held on Wednesday, August 3, 2022, at 5:00 p.m. Eastern Time/4:00 p.m. Central Time to discuss the results and answer any questions.

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Innovative Industrial Properties Expands Real Estate Partnership with Green Thumb Industries at Pennsylvania Property

IIP Funds Additional $55.0 Million for a New 152,000-Square-Foot Industrial Facility

Innovative Industrial Properties, Inc. (IIP), the first and only real estate company on the New York Stock Exchange (NYSE: IIPR) focused on the regulated U.S. cannabis industry, announced today that it entered into an amendment of the lease with Green Thumb Industries Inc. (Green Thumb) (CSE: GTII; OTCQX: GTBIF), a leading national cannabis consumer packaged goods company and owner of RISE dispensaries . The lease amendment in Danville, Pennsylvania, provided $55.0 million in reimbursement to Green Thumb for the recently completed development of a 152,000-square-foot industrial building for cultivation and processing, in addition to a new electric substation on the property to enhance electrical load capacity. The lease amendment also adjusted the base rent under the lease to take into account the additional available funding for the development. IIP funded in full the reimbursement, making IIP's total investment in the 300,000-square-foot property $94.6 million. This lease amendment was made pursuant to the exercise of an option by Green Thumb for IIP to provide reimbursement of these improvements, with this option originally included in a lease amendment executed in 2021.

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Green Thumb Industries Opens Good Green Grant Applications

Green Thumb Industries Inc. ("Green Thumb") (CSE: GTII) (OTCQX: GTBIF), a leading national cannabis consumer packaged goods company and owner of RISE Dispensaries opened applications for the third round of its Good Green Grant Program.

"The Good Green Grant Program was born out of the desire to reinvest cannabis funds back into the community and create opportunities for nonprofit organizations who are doing the groundwork to create real and sustained progress against the War on Drugs," said Green Thumb Founder and Chief Executive Officer Ben Kovler. "Through this program, we are supporting nonprofits to help create opportunity and change in impacted communities."

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