Green Thumb Industries Inc.

Earnings data Q3 2024

Earnings data Q4 2024

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Green Thumb Industries, Inc. engages in the manufacture and distribution of branded cannabis products. It operates through the Retail and Consumer Packaged Goods segments. The company was founded by Benjamin Kovler and Max Cohen on February 18, 2002 and is headquartered in Chicago, IL.

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The state-driven trend of legalizing cannabis is encouraging, suggesting potential federal alignment. However, relying solely on this regulatory progress is risky due to bureaucratic delays. Investing in profitable cannabis companies like Green Thumb offers value in the interim, capitalizing on growth while awaiting broader legislative changes. Green Thumb boasts a robust balance sheet, with cash reserves that exceed yearly obligations and a manageable long-term debt ratio, setting it apart in the industry.

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NewLake Capital Partners delivers a dividend with a yield of around 12%. Green Thumb Industries just had its second consecutive profitable quarter.

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CHICAGO and VANCOUVER, British Columbia, Aug. 15, 2023 (GLOBE NEWSWIRE) -- RISE Dispensaries , a rapidly growing cannabis retail chain owned by Green Thumb Industries Inc. (“Green Thumb” or “the Company”) (CSE: GTII) (OTCQX: GTBIF), today announced that RISE Dispensary Fruitland Park, the Company's 8th retail location in Florida and 85th nationwide, will open on August 16th. The new dispensary will host a grand opening event on August 25th, where profits from the day will be donated to Minorities for Medical Marijuana. The grand opening will include a ribbon cutting ceremony at 8:00 a.m. ET with representatives from the Florida Chamber of Commerce.

Green Thumb to Open RISE Dispensary Fruitland Park in Florida, its 85th Retail Location in the Nation, on August 16th

Marijuana stocks are shown to be the sound investment of the future. Why is this you ask? Well, to begin the cannabis industry is still young and progressing. With this growth comes the potential to invest and become a part of an emerging company and industry. Right now there is no federal reform in place which has been the cause of certain doubts. Yet if you look at the numbers just in the US alone some states are generating high amounts of revenue.

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You would think that the CEO of a U.S. cannabis company might cite Bob Marley or Jerry Garcia on a quarterly conference call with analysts, but Green Thumb Industries CEO Ben Kovler is not running his business like other pot companies.

Green Thumb Industries posts another profit as CEO channels Warren Buffett

Green Thumb Industries Inc. (GTBIF) came out with quarterly earnings of $0.05 per share, missing the Zacks Consensus Estimate of $0.06 per share. This compares to earnings of $0.10 per share a year ago.

Green Thumb Industries Inc. (GTBIF) Q2 Earnings Lag Estimates

Green Thumb Industries Inc. (OTCQX:GTBIF) Q2 2023 Earnings Conference Call August 8, 2023 5:00 PM ET Company Participants Shannon Weaver - Vice President-Communications Ben Kovler - Founder and Chie Executive Officer Anthony Georgiadis - President Matt Faulkner - Chief Financial Officer Conference Call Participants Eric Des Lauriers - Craig-Hallum Aaron Grey - Alliance Global Partners Andrew Partheniou - Stifel Michael Lavery - Piper Sandler Sonny Randhawa - Seaport Matt Bottomley - Canaccord Scott Fortune - ROTH Capital Mike Regan - Excelsior Equities Operator Good afternoon and welcome to Green Thumb's Second Quarter 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode.

Green Thumb Industries Inc. (GTBIF) Q2 2023 Earnings Call Transcript

CHICAGO and VANCOUVER, British Columbia, Aug. 08, 2023 (GLOBE NEWSWIRE) -- Green Thumb Industries Inc. (“Green Thumb” or “the Company”) (CSE: GTII) (OTCQX: GTBIF), a leading national cannabis consumer packaged goods company and owner of RISE Dispensaries, today reported its financial results for the second quarter ended June 30, 2023. Financial results are reported in accordance with U.S. generally accepted accounting principles (“GAAP”) and all currency is in U.S. dollars.

Green Thumb Industries Reports Second Quarter 2023 Results

Innovative Industrial Properties delivers a solid dividend. Green Thumb Industries returned to profitability in the last quarter.

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News for Green Thumb Industries Inc. Stock (GTBIF)