Green Thumb CEO Benjamin Kovler Has Sold $11.4M in GTII Stock — Cannabis Industry's Biggest Insider Exit
Green Thumb Industries CEO Benjamin Kovler has sold $11.4M in stock across 93 transactions while retaining 55,112 shares.
Benjamin Kovler, Chairman, CEO, and 10% owner of cannabis operator Green Thumb Industries (GTII), has sold $11.4 million in stock across 93 transactions.
The Numbers
| Metric | Value |
|---|---|
| Career Sell Value | $11.4M |
| Career Buy Value | $428K |
| Total Transactions | 93 |
| Last Transaction | 2026-02-01 |
| Shares Remaining | 55,112 |
Recent Activity
| Date | Type | Shares | Price | Est. Value |
|---|---|---|---|---|
| 2025-12-28 | Sell | 2,500 | $798.8000 | $2.0M |
| 2025-11-07 | Sell | 162,500 | $6.5009 | $1.1M |
| 2025-09-25 | Buy | 1,000 | $37.0843 | $37K |
| 2025-09-19 | Buy | 1,000 | $39.9900 | $40K |
| 2025-09-03 | Buy | 1,000 | $36.7000 | $37K |
Kovler sold 2,500 shares at C$798.80 in December 2025 (~$2M) and 162,500 shares at $6.50 in November 2025 ($1.1M). Price discrepancy reflects CSE vs OTC listings.
What It Means
As founder and CEO, Kovler built Green Thumb from a single dispensary into a multi-state operator. His $428K in purchases against $11.4M in sales reflects the typical founder monetization pattern. He retains 55,112 shares — modest but nonzero alignment.
Cannabis stocks remain in purgatory awaiting federal rescheduling. Kovler's selling at depressed prices signals portfolio management rather than timing. For GTII investors, the key question is whether federal reform arrives before founder patience runs out.
What to Watch
- Federal cannabis rescheduling timeline
- Green Thumb state expansion permits
- Kovler's selling pace at current prices
- Institutional cannabis sector positioning
Breaking News Editor at 13F Insight. First to report on major SEC filings, institutional moves, and regulatory developments.
More from Alex →