RYTHM, Inc. (RYM) company profile

RYTHM Inc. distributes hemp-derived tetrahydrocannabinol products and licenses consumer-packaged goods brands. Its brand portfolio features beverage lines such as Señorita and RYTHM, alongside edible offerings under names like incredibles and Beboe. In addition to commercializing finished goods through retail partnerships and direct-to-consumer sales, the business generates revenue by licensing its proprietary brands to external operators for product manufacture and distribution. Customers include individual consumers who purchase products online, as well as liquor chains and independent retail locations.

The company sells its beverage products across fifteen U.S. states and Canada through retail establishments such as Total Wine, ABC Fine Wine & Spirits, and Binny's. Manufacturing operations are conducted across North America through agreements with third-party co-manufacturers, while corporate administrative and executive operations are situated in Rolling Meadows, Illinois.

Summary of the business section of Rythm's latest annual report, written by StockData.

“We are offering 5,400,000 shares of our common stock at an initial public offering price of $10.00 per share.”

Lock-up end is estimated as 180 days after the first trading day; the prospectus sets the actual terms.

“As of that date, we had one employee and approximately 50 dedicated consultants.”