GTBIF (Green Thumb Industries) Construction In Progress: $25 Mil (As of Mar. 2026)


GTBIF Green Thumb Industries Inc GTBIF
83 GF Score
Price $7.60
GF Value $8.65
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Green Thumb Industries Construction In Progress?

Green Thumb Industries GTBIF -0.52% 83 Construction In Progress is $25 Mil as of Mar. 2026. GuruFocus rates GTBIF with a GF Score™ of 83/100 and a GF Value™ of $8.65 (Modestly Undervalued). The stock has 6 warning signs investors should review.

Green Thumb Industries's quarterly construction in progress declined from Sep. 2025 ($31 Mil) to Dec. 2025 ($23 Mil) but then increased from Dec. 2025 ($23 Mil) to Mar. 2026 ($25 Mil).

Green Thumb Industries's annual construction in progress increased from Dec. 2023 ($23 Mil) to Dec. 2024 ($40 Mil) but then declined from Dec. 2024 ($40 Mil) to Dec. 2025 ($23 Mil).

Green Thumb Industries Construction In Progress Historical Data

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The historical data trend for Green Thumb Industries's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Green Thumb Industries Construction In Progress Chart

Green Thumb Industries Annual Data
Trend Feb16 Feb17 Feb18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 128.02 156.72 23.14 40.33 22.85

Green Thumb Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 37.47 28.15 31.00 22.85 24.57
GTBIF
83GF Score
Green Thumb Industries Inc GTBIF
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Green Thumb Industries Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

What does a Construction In Progress of $25 Mil mean?
Green Thumb Industries (GTBIF) has a Construction In Progress of $25 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Green Thumb Industries and its competitors.
Is Green Thumb Industries' Construction In Progress too high?
Green Thumb Industries' current Construction In Progress is $25 Mil. Overall, Green Thumb Industries has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Green Thumb Industries' Construction In Progress compare to ZTS and UTHR?
Green Thumb Industries' Construction In Progress of $25 Mil can be compared against companies in the Drug Manufacturers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Construction In Progress for a Drug Manufacturers company?
A good Construction In Progress depends on the Drug Manufacturers industry context. However, Construction In Progress should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Construction In Progress mean?
A high Construction In Progress can signal that a stock is expensive relative to its fundamentals. Construction in Progress records the amount of construction work that is not complete. View historical data on Green Thumb Industries and its competitors. Green Thumb Industries's current Construction In Progress is $25 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Green Thumb Industries stock overvalued right now?
Based on GuruFocus' analysis, Green Thumb Industries (GTBIF) is currently considered Modestly Undervalued. The stock's GF Value™ is $8.65, compared to a current price of $7.60 — trading 12.1% below its estimated fair value. The current Construction In Progress is $25 Mil. Green Thumb Industries' overall GF Score™ is 83/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Construction In Progress calculated?
Construction In Progress is calculated from a company's financial statements. For Green Thumb Industries (GTBIF), the current Construction In Progress is $25 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Green Thumb Industries (GTBIF) Overvalued in 2026?

Based on GuruFocus' analysis, Green Thumb Industries stock appears to be undervalued. The current stock price of $7.60 is trading 12.1% below its estimated GF Value™ of $8.65. GuruFocus considers Green Thumb Industries to be Modestly Undervalued.

Key valuation signals for GTBIF:

  • Construction In Progress: $25 Mil
  • GF Value™: $8.65 vs. price of $7.60 (12.1% below fair value)
  • GF Score™: 83/100 with 6 warning signs

No single metric tells the full story. See the GTBIF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Green Thumb Industries Business Description

Other Exchanges R9U2:GermanyGTII:Canada
Address 325 West Huron Street, Suite 700, Chicago, IL, USA, 60654
Green Thumb Industries is headquartered in Chicago, Illinois, and produces and sells medicinal and recreational cannabis through wholesale and retail channels in the United States. It has a presence in 14 states and operates more than 100 cannabis stores under the brand Rise. GTI is focusing its expansion on limited-license states with large populations, and it does not currently export into the global medical market due to the USA federal prohibition. It offers multiple products under a portfolio of cannabis consumer packaged goods brands, including &Shine, Beboe, Dogwalkers, Doctor Solomon's, Good Green, Incredibles, and RYTHM.
83GF Score

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Construction In Progress is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$7.60
Price
$8.65
GF Value