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.

July 22 marks the end of the public comment period for cannabis rescheduling, with a potential effective date as soon as September 22. Rescheduling is likely to move forward quickly due to the 2024 national election and the Democratic Party's support for pro-cannabis legislation. Green Thumb Industries stands out as a top performer in the cannabis industry, with consistent positive earnings, strong cash flow, and responsible funding strategies.

Cannabis Rescheduling And Green Thumb Industries: A Powerful Combination

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Trulieve Cannabis Corp.

The cannabis industry and marijuana stocks are burgeoning, attracting investors keen to tap into its growth potential. The sector has seen a remarkable expansion over recent years, driven by increasing legalization and acceptance of cannabis for both medical and recreational use. As we move into August, certain cannabis stocks are poised to perform exceptionally well. Here are the five top US marijuana stocks you should add to your watchlist for August: Trulieve Cannabis Corp. (TCNNF), Ayr Wellness Inc. (AYRWF), Curaleaf Holdings, Inc. (CURLF), Green Thumb Industries Inc. (GTBIF), and Verano Holdings Corp. (VRNOF). Each of these companies has demonstrated strong performance and potential for future growth.

Top 5 US Marijuana Stocks to Add to Your Watchlist For August 2024

Hot cannabis stocks continue to get investors' attention because the industry is experiencing secular tailwinds. With efforts to legalize cannabis in many places and a market expected to reach $75.09 billion by 2029, it's hard to ignore hot cannabis stocks.

3 Hot Cannabis Stocks Poised for a Smokin' Hot Future

Marijuana stock investors are keeping an open mind towards the future of cannabis. Even with no federal reform in place, the growth of the global cannabis industry has got more people interested. Many felt that the lack of reform would lead to the sector crumbling. However, that has not been the case just in the US alone states are seeing billions of dollars in revenue.

3 Marijuana Stocks To Watch Mid-July

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The reclassification of marijuana as a schedule III drug continues to move closer. The DEA continues to push to reclassify marijuana as a less dangerous drug.

3 Cannabis Stocks That Will Thrive With or Without Reforms

Tilray Brands

Looking to round out your portfolio with cool stock options? Consider these currently undervalued cannabis stocks.

The 3 Most Undervalued Cannabis Stocks to Buy in July 2024

Investors are increasingly turning their attention to the booming US cannabis industry. The market is projected to reach $41.5 billion by 2025, reflecting a robust annual growth rate. Recent news about potential federal legalization has further fueled optimism. States like New York and New Jersey have recently legalized recreational use, adding momentum to the industry's expansion. As a result, marijuana stocks are gaining traction. This week, certain companies are standing out as potential winners. Investors should use technical analysis and proper risk management to navigate this volatile market. These tools help in making informed decisions and minimizing potential losses.

Best Cannabis Stocks to Invest in Today: A Closer Look at Top Performers

CHICAGO and VANCOUVER, British Columbia, July 10, 2024 (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 the upcoming openings of RISE Dispensary Tallahassee on Mahan, located at 2459 Mahan Drive, and RISE Dispensary Tallahassee on Tennessee, located at 1412 W Tennessee Street, on July 12. The two locations expand the Company's retail footprint to 19 Florida locations and 96 nationwide.

Green Thumb Continues Florida Expansion with the Opening of Two RISE Dispensary Locations in Tallahassee on July 12

Village Farms International

The cannabis market is set for significant growth, driven by increasing legalization and consumer demand. Several pot stocks are poised for high returns, reflecting broader market trends.

7 Pot Stock Pioneers Poised for High Returns

Many countries and states have continued to legalize cannabis for medical and recreational use. The growth of legal cannabis has helped the expansion of the potential market size. For example, New York and New Jersey both legalized recreational. Just these 2 states alone are examples of how more places around the USA are legalizing cannabis. Many legal cannabis operators have displayed a stronger financial performance in some ways.

Top Marijuana Stocks For You Today

The cannabis space has been buzzing of late, which makes it ideal to consider exposure to the best cannabis stocks. Germany recently hopped aboard the cannabis legalization train, joining a growing list of countries that embraced both the use and sale of cannabis.

The 3 Best Cannabis Stocks to Buy in July 2024

The cannabis industry is poised for significant growth in 2024. Furthermore, the global cannabis market is expected to reach substantial figures, with the U.S. market alone projected to hit $38.4 billion by the end of the year.

3 Cannabis Stocks Worth Having High Hopes For

A group of cannabis companies plans to appeal a lawsuit to overturn a federal prohibition on cannabis because it restricts state-legal commerce, after a judge dismissed it.

Cannabis companies to appeal federal commerce clause lawsuit

CHICAGO and VANCOUVER, British Columbia, July 01, 2024 (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 announced it will release second quarter 2024 financial results after the market closes on Monday, August 5, 2024.

Green Thumb Industries to Hold Second Quarter 2024 Earnings Conference Call on August 5, 2024

AFC Gamma

The cannabis industry has been attracting considerable interest lately, thanks to several regulatory developments in various regions around the globe. Countries like Germany and Canada have legalized cannabis use and sale, and most recently, the United States government announced plans to reclassify the plant from a Schedule I to a Schedule III drug.

The 3 Smartest Cannabis Stocks to Buy With Your Money Right Now

In 2024, the cannabis sector has undergone substantial growth. This has made it a pivotal year for marijuana stocks and investors alike. As legalization efforts continue to gain momentum globally, the industry has seen an influx of capital. As well as innovation, driving expansion across various segments. Marijuana stocks have been quite dynamic, showing the volatility and potential for significant gains in the stock market. Cannabis companies involved in cultivation, distribution, and ancillary services have garnered considerable attention from investors.

3 Marijuana Stocks To Watch In July 2024

Aurora Cannabis

The financial landscapes of Canadian and U.S. cannabis operators showcase distinct paths in the quest for profitability, driven by varying market dynamics and regulatory environments. According to recent financial data from Beacon Securities, the analysis of key financial metrics such as EV/EBITDA and P/CFO ratios reveals crucial insights.

Canadian Vs. U.S. Cannabis Companies: Who Is Winning The Market Race To Weed Profits?

SNDL Inc.

SNDL is expanding in Canada and aiming to offer loans to U.S. players. Green Thumb Industries is already positioned in soon-to-open markets.

These Cannabis 3 Stocks Are Set to Soar This Summer and Beyond

Top marijuana stock investors are keeping a close eye on the industry. Once again it is another crucial time for the cannabis sector. With all of the politics surrounding reform, the wave of up-and-down trading has been advantageous. Due to how volatile cannabis stocks can be looking for buying and selling opportunities can come quickly. For those more seasoned investors, this pattern of trading has become the norm.

3 Marijuana Stocks To Buy As A Cannabis Investor

Ambev

Anheuser-Busch InBev

Canopy Growth

Diageo

Boston Beer Company

Constellation Brands

Molson Coors Brewing

Consumer surveys in Canada and the U.S. show that alcohol consumption is down in areas where adults have the option to consume legal cannabis, Bernstein analyst Nadine Sarwat said in a research note on Friday.

Legal cannabis sales eat into beer revenue, survey data shows

CHICAGO and VANCOUVER, British Columbia, June 19, 2024 (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 New Port Richey, the Company's 17th retail location in Florida and 94th nationwide, will open on June 21. The dispensary, located at 6213 State Road 54, New Port Richey, FL, 34653, will offer medical patients a diverse collection of cannabis products, including RYTHM premium flower and full spectrum vapes, Dogwalkers pre-rolls, Good Green flower, Dr. Solomon's tinctures and &Shine flower, pre-rolls, vapes and chews. RISE New Port Richey will host a grand opening event on July 26, where profits from the day will be donated to the Warrior Wellness Program .

Green Thumb Grows its Retail Footprint in Florida with the Opening of RISE Dispensary New Port Richey, its 17th Retail Location in the Sunshine State, on June 21

Marijuana stocks have been through many ups and downs no pun intended. The overall rise of cannabis investing and interest in cannabis as a legitimate business is growing. This has intrigued many to do their research and find out more info. From the start of the green rush to now, it has shown that cannabis as a legal business is here to stay. Even with cannabis still federally illegal although soon to be rescheduled to a class 3.

Top Marijuana Stocks For Cannabis Investing 2024

A recent news report says that Green Thumb may soon present Boston Beer with a merger offer. A business combination could unlock many enticing growth opportunities, including cannabis beverages.

There's a Major Deal Brewing Between a Top Cannabis Producer and a Leading Beer Maker

A proposal from Green Thumb Industries Inc. Chief Executive Ben Kovler to merge his company with Boston Beer Co. would capitalize on growing cannabis consumption as some alcoholic-beverage sales drop, an analyst said Monday,

Boston Beer merger with cannabis company Green Thumb seen as ‘low-hanging fruit': analyst

Marijuana stocks could be on the verge of seeing more market momentum. The cannabis sector is showing large amounts of speculative trading. So far 2024 has shown better promise than any other time in history. From where legal cannabis began to where it is currently is night and day. There has been so much progress despite the chaos inside the industry.

News for Green Thumb Industries Inc. Stock (GTBIF)