RYTHM, Inc., through its wholly-owned subsidiaries VCP IP Holdings, LLC and MC Brands LLC, amended two trademark and recipe license agreements with GTI Core, LLC, an indirect wholly-owned subsidiary of Green Thumb Industries Inc. The amendments, effective April 1, 2026, convert previous variable monthly license fees based on sales into fixed annual cash fees. The August 2025 License Agreement, covering brands such as RYTHM, Beboe, Dogwalkers, Doctor Solomons, &Shine, and Good Green, now stipulates an annual fee of $64.0 million. The May 2025 License Agreement, pertaining to the incredibles brand, now stipulates an annual fee of $6.0 million. The combined aggregate fixed annual cash fee from GTI Core to RYTHM's subsidiaries will be $70.0 million, payable in equal monthly installments. These annual fees will be increased on January 1 of each year, commencing January 1, 2027, based on an adjustment equal to two times the Consumer Price Index (CPI) rate, with a maximum year-over-year increase of 10%. The amendments were executed following discussions with Nasdaq staff to ensure RYTHM's compliance with Nasdaq Capital Market listing standards regarding revenue derived from the federally illegal cannabis industry.