GTBIF (Green Thumb Industries) Research & Development: $0 Mil (TTM As of Mar. 2026)


GTBIF Green Thumb Industries Inc GTBIF
85 GF Score
Price $7.47
GF Value $8.89
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Green Thumb Industries Research & Development?

Green Thumb Industries GTBIF +1.08% 85 Research & Development is $0 Mil as of Mar. 2026. GuruFocus rates GTBIF with a GF Score™ of 85/100 and a GF Value™ of $8.89 (Modestly Undervalued). The stock has 6 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Green Thumb Industries's Research & Development for the three months ended in Mar. 2026 was $0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was $0 Mil.

Green Thumb Industries  (OTCPK:GTBIF) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Green Thumb Industries Research & Development Related Terms

Green Thumb Industries Research & Development Historical Data

* Premium members only.

The historical data trend for Green Thumb Industries's Research & Development 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 Research & Development Chart

Green Thumb Industries Annual Data
Trend Feb16 Feb17 Feb18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

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
Research & Development 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 0.00 0.00 0.00 0.00 0.00
GTBIF
85GF Score
Green Thumb Industries Inc GTBIF
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Green Thumb Industries Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $0 Mil.

* 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.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of $0 Mil mean?
Green Thumb Industries (GTBIF) has a Research & Development of $0 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Green Thumb Industries and its competitors.
Is Green Thumb Industries' Research & Development too high?
Green Thumb Industries' current Research & Development is $0 Mil. Overall, Green Thumb Industries has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Green Thumb Industries' Research & Development compare to ZTS?
Green Thumb Industries' Research & Development of $0 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 Research & Development for a Drug Manufacturers company?
A good Research & Development depends on the Drug Manufacturers industry context. However, Research & Development 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 Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Green Thumb Industries and its competitors. Green Thumb Industries's current Research & Development is $0 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 $8.89, compared to a current price of $7.47 — trading 16% below its estimated fair value. The current Research & Development is $0 Mil. Green Thumb Industries' overall GF Score™ is 85/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Green Thumb Industries (GTBIF), the current Research & Development is $0 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 $7.47 is trading 16% below its estimated GF Value™ of $8.89. GuruFocus considers Green Thumb Industries to be Modestly Undervalued.

Key valuation signals for GTBIF:

  • Research & Development: $0 Mil
  • GF Value™: $8.89 vs. price of $7.47 (16% below fair value)
  • GF Score™: 85/100 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.
85GF Score

Get the complete analysis for GTBIF

Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$7.47
Price
$8.89
GF Value