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.

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

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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

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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?

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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

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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.

Top Marijuana Stocks To Watch Now In June

Rescheduling cannabis down to a less serious classification would mean significant tax savings for multi-state marijuana operators. Three of the largest cannabis companies in the U.S. today are Curaleaf Holdings, Green Thumb Industries, and Trulieve Cannabis.

3 Stocks That Will Benefit the Most From Cannabis Rescheduling

Despite the recent lackluster performance, cannabis stocks shouldn't be overlooked. With ongoing legalization efforts in the U.S. and promising research into the plant's health benefits, the potential for significant returns is immense.

The 3 Best Cannabis Stocks to Buy in June 2024

Green Thumb Industries Inc. (CSE:GTII, OTCQX:GTBIF), a Chicago-headquartered cannabis company, is interested in a potential merger with brewer Boston Beer, according to a letter seen by media outlets. Per the letter from Green Thumb CEO Ben Kovler to Boston Beer founder Jim Koch on June 2, the combination would allow the Canadian-listed cannabis producer to also list on a major US stock exchange.

Green Thumb Industries reportedly eyeing merger with Boston Beer

Cannabis producer Green Thumb Industries is prepared to make an offer for a potential merger deal with U.S.-based brewer Boston Beer , according to a letter seen by Reuters.

Cannabis producer Green Thumb explores merger with Boston Beer, letter shows

CHICAGO and VANCOUVER, British Columbia, June 04, 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 responded to media speculation regarding the possibility of a transaction involving the Company. The Company's policy is not to comment on market rumors.

Green Thumb Industries Responds to Market Rumors

CHICAGO and VANCOUVER, British Columbia, May 29, 2024 (GLOBE NEWSWIRE) -- Green Thumb Industries Inc. (“Green Thumb” or the “Company”) (CSE: GTII) (OTCQX: GTBIF), a national cannabis company and owner of RISE Dispensaries and RYTHM Premium Cannabis , today announced the return of The Miracle in Mundelein, a two-day immersive event that merges the worlds of cannabis and music. Presented by RYTHM Premium Cannabis , RISE Dispensaries, Dayglo and Deep Cut, the second annual outdoor festival with legal on-site cannabis consumption will take place on September 7 and 8 outside of Chicago across the street from RISE Dispensary in Mundelein, Illinois.

RYTHM Premium Cannabis Brings Back The Miracle in Mundelein Two-Day Festival with Legal On-site Cannabis Consumption

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As the cannabis industry evolves, its economic contributions could climb dramatically, offering ample growth opportunities for underappreciated cannabis stocks. Cannabis stocks have skyrocketed on the U.S. Department of Justice's plan to reschedule marijuana as a less risky Schedule III drug.

Cannabis Bargains: 3 Underappreciated Stocks to Snap Up in May 2024

This Memorial Day weekend, investors are closely monitoring top U.S. MSO marijuana stocks. These multi-state operators are leading the charge in the rapidly growing cannabis industry. The U.S. cannabis market is projected to reach $41 billion by 2025, driven by increasing legalization and consumer demand. Recently, the U.S. House of Representatives passed the MORE Act, which aims to decriminalize marijuana at the federal level. This news has fueled optimism among investors, as federal legalization could significantly boost the market. However, it is crucial to use technical analysis to identify potential entry and exit points. Proper risk management strategies are essential to navigate the market's volatility.

Top MSO Marijuana Stocks to Watch This Memorial Day Weekend

A federal lawsuit challenging nationwide restrictions on marijuana will continue despite a proposal by the U.S. government to lower the classification of cannabis to a less dangerous level of Schedule III, the lead lawyer for the case said Wednesday.

Cannabis companies continue federal legalization push despite marijuana's rescheduling

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Cannabis stocks to buy are rallying after the U.S. Department of Justice proposed reclassifying marijuana as a less risky Schedule III drug. Following the DOJ's proposal, President Biden came out on X, commending the move while signaling a rosier future for cannabis stocks.

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Are some cannabis companies massaging earnings results, using metrics like cash flow from operations and free cash flow to present a positive financial picture? Jerry Derevyanny and Julian Lin on why investors should be cautious and look deeper into financial metrics.

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Marijuana stocks could see strong trading this week. The reason is all the hype and news surrounding federal reform. Right now cannabis is still federally illegal. However, with the DEA's recent announcement to drop cannabis to class 3, the drug has the sector ramping up. Becuase of the volatility the sector encounters impactful news can change how marijuana stocks trade. For instance, when it's positive news on financials or laws it often leads to stronger trading for most marijuana stocks.

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