RYTHM Sets Fixed Licensing Fees to Support Listing

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2026.04.01 12:51
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RYTHM (RYM) has announced fixed annual licensing fees of $70 million, effective April 1, 2026, following amendments to agreements with Green Thumb Industries. This change aims to provide predictable revenue and support RYTHM's continued Nasdaq listing amid regulatory challenges in the cannabis sector. The company’s leadership emphasizes stability for investors, while analysts rate RYM stock as a Hold with a price target of $18.00, citing weak financial performance and negative momentum. RYTHM operates a portfolio of cannabis brands and has a current market cap of $39.33 million.