Green Thum - GTBIF STOCK NEWS

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Green Thumb Industries Inc. (GTI) is a national cannabis consumer packaged goods company and retailer headquartered in Chicago, Illinois. GTI promotes well-being through the power of cannabis while giving back to the communities it serves. The company manufactures and distributes a portfolio of branded cannabis products including &Shine, Beboe, Dogwalkers, Doctor Solomon’s, Good Green, incredibles, and RYTHM. GTI also owns and operates rapidly growing national retail cannabis stores called RISE Dispensaries. With 20 manufacturing facilities, 93 open retail locations, and operations across 14 U.S. markets, GTI employs approximately 4,500 people and serves millions of patients and customers each year.

05/08/2024 04:02 PM

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Green Thumb Industries Reports First Quarter 2024 Results

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Green Thumb Industries Inc. reported first-quarter 2024 financial results with revenue of $276 million, a 11% increase from the prior year. The company had a cash balance of $224 million, GAAP net income of $31 million, and adjusted EBITDA of $91 million. Green Thumb's gross profit increased to $144.9 million, and total revenue grew by 11% primarily driven by retail and consumer packaged goods sales. The company repurchased 1,067,000 shares for $13.6 million during the quarter. Overall, Green Thumb showed strong financial performance and positive growth momentum.

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04/24/2024 07:00 AM

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Green Thumb Continues its Florida Retail Expansion with Opening of RISE Dispensary Wesley Chapel, its 16th Florida Location, on April 26

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Green Thumb Industries Inc. continues its Florida retail expansion with the opening of RISE Dispensary Wesley Chapel, its 16th Florida location, on April 26. The dispensary will offer a diverse collection of cannabis products to medical cannabis patients, including premium flower, pre-rolls, vapes, and chews. The grand opening celebration on June 7 will feature special discounts, merchandise giveaways, and a ribbon-cutting ceremony. Green Thumb is dedicated to providing high-quality cannabis products and making a positive impact on the communities it serves.

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04/03/2024 07:00 AM

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Green Thumb Industries to Hold First Quarter 2024 Earnings Conference Call on May 8, 2024

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Green Thumb Industries Inc. to Release First Quarter 2024 Financial Results and Host Conference Call on May 8, 2024

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02/29/2024 07:00 AM

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Green Thumb Expands Florida Retail Footprint with New RISE Dispensary in Dunnellon, its 15th Location in the Sunshine State

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Green Thumb Industries Inc. (GTBIF) announces the opening of RISE Dispensary Dunnellon, its 15th location in Florida and 92nd nationwide. The store will offer a variety of THC and CBD products, including premium flower, pre-rolls, vapes, and chews. The grand opening event on April 19 will feature special discounts, giveaways, and music, with profits donated to The Bridge 4 Veterans organization.

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02/28/2024 04:02 PM

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Green Thumb Industries Reports Fourth Quarter and Full Year 2023 Results

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Green Thumb Industries Inc. reported strong financial results for Q4 and full year 2023. Q4 revenue was $278 million, with cash at $162 million. Full year revenue was $1.1 billion, with cash flow from operations at $225 million. Adjusted EBITDA for Q4 was $91 million, and for the year was $326 million. The company's Board authorized a $50 million share repurchase program increase.

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02/08/2024 07:00 AM

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Green Thumb Industries Publishes Second Annual Social Impact Report

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Green Thumb Industries Inc. released its 2023 Social Impact Report, showcasing the progress of its 'Growing for Good' program across four key pillars: Community Engagement, Inclusion & Belonging, Restorative Justice, and Environmental Stewardship. The report highlights the company's commitment to promoting well-being through cannabis and giving back to the communities it serves. In 2023, Green Thumb's team of 4,600 individuals supported their communities by promoting inclusivity, advocating for social justice, and delivering positive change. The report includes highlights such as community contributions of over $800,000, unconscious bias training sessions, advocacy for cannabis policy reform, and environmental conservation efforts.

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01/24/2024 07:00 AM

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Green Thumb Industries to Hold Fourth Quarter and Full Year 2023 Earnings Conference Call on February 28, 2024

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Green Thumb Industries Inc. will release its fourth quarter and full year 2023 financial results on February 28, 2024. A conference call and webcast will be held to discuss the results and answer questions.

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12/13/2023 07:00 AM

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Green Thumb to Open RISE Dispensary Port Orange in Florida, its 90th Retail Location in the Nation, on December 15

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Green Thumb Industries Inc. (GTII) announces the opening of RISE Dispensary Port Orange, the 14th location in Florida and 90th nationwide. The store will host a patient appreciation event with profits going toward M4MM. The Company operates two production facilities in Ocala and Homestead, ensuring high-quality products. RISE Dispensaries in Florida offer various products from Green Thumb's award-winning family of brands.

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12/08/2023 07:00 AM

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Green Thumb Announces Retirement of Richard Drexler from Board of Directors

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Green Thumb Industries Inc. (GTII) announces the retirement of Richard Drexler from its Board of Directors, with Richard Reisin taking over as Chair of the Audit Committee. Drexler will continue to support the Board in a short-term consultant role. The company expresses gratitude for Drexler's contributions and wishes him well in his retirement.

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11/29/2023 07:00 AM

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Green Thumb to Open RISE Dispensaries in Tampa and Crystal River on December 1, Expanding its Footprint to 13 Locations in the Sunshine State

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RISE Dispensaries, owned by Green Thumb Industries Inc. (CSE: GTII) (OTCQX: GTBIF), is opening two new locations in Florida, bringing the total retail footprint to 13 in the state and 89 nationwide. The grand opening celebrations will benefit Tu Canna Foundation and The Bridge 4 Veterans, reflecting the company's commitment to community support and wellness advocacy.

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FAQ

What is the current stock price of Green Thum (GTBIF)?

The current stock price of Green Thum (GTBIF) is $7.11 as of February 21, 2025.

What is the market cap of Green Thum (GTBIF)?

The market cap of Green Thum (GTBIF) is approximately 1.6B.

Where is Green Thumb Industries Inc. headquartered?

Green Thumb Industries Inc. is headquartered in Chicago, Illinois.

What are some of the branded cannabis products offered by Green Thumb Industries Inc.?

Green Thumb Industries Inc. offers branded cannabis products including &Shine, Beboe, Dogwalkers, Doctor Solomon’s, Good Green, incredibles, and RYTHM.