RYM Stock Surges 45%, Breaches 100-DMA For First Time In Over Three Months – What Triggered This Rally?

• The amended agreement also includes an annual fee increase tied to inflation, set at twice the rate of the Consumer Price Index.
• Green Thumb will continue to use Rythm’s portfolio of brands, including incredibles, Beboe, Dogwalkers, Doctor Solomon’s, &Shine, and Good Green
• RYM shares posted their biggest intraday gain of 2026 on Wednesday.

Rythm, Inc (RYM) stock surged nearly 45% on Wednesday, breaching the 100-day moving average for the first time since Dec. 18, 2025.

Shares of the company posted their biggest intraday gain of 2026, even as the stock has been under pressure, declining nearly 20% year-to-date through Tuesday’s close.

Source: TradingView

Update On Licensing Agreements With Green Thumb

Rythm, which operates multiple brands across the hemp and cannabis industries, announced amendments to its trademark and recipe licensing agreements with a subsidiary of Green Thumb Industries.

Under the revised terms, Green Thumb will continue to use Rythm’s portfolio of brands, including incredibles, Beboe, Dogwalkers, Doctor Solomon’s, &Shine, and Good Green. In return, Green Thumb will pay RYTHM a fixed annual cash fee of $70 million, effective April 1, 2026. The agreement also includes an annual fee increase tied to inflation, set at twice the rate of the Consumer Price Index (CPI).

The structure provides Rythm with a predictable, long-term revenue stream that is “virtually unmatched in the THC space,” according to Ben Kovler, Chairman and Interim CEO.

Last August, Green Thumb sold its subsidiary VCP IP and the related brands to Rythm (formerly known as Agrify Corporation) for $50 million in cash. Following the transaction, the parties entered into a licensing agreement under which Green Thumb would continue to use the brands' intellectual property in exchange for monthly fees based on product sales.

How Did Retail Traders React?

Retail sentiment for RYM turned ‘extremely bullish’ from ‘neutral’ a day earlier, amid ‘extremely high’ message volumes.

One user highlighted how the royalty fees would add to Rythm’s gross margins.

Meanwhile, peer Tilray reported an 11% increase in third-quarter (Q3) revenue earlier on Wednesday, beating Wall Street’s expectations, according to Fiscal.ai data. Growth was primarily driven by its cannabis and distribution segments.

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