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GREEN THUMB INDUS SUB VTG - 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.

Rhea-AI Summary
RISE Dispensaries (GTII) partners with Turner Duckworth and Brand Bureau to unveil refreshed brand identity and store designs, reflecting the company's commitment to democratize cannabis access and improve the industry.
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Green Thumb Industries Inc. reported its financial results for the second quarter of 2023. Revenue increased 2% sequentially to $252 million in Q2. Adjusted EBITDA was $76 million or 30% of revenue. Cash flow from operations for the first half of 2023 was $93 million. The company opened six new retail stores and commenced adult-use cannabis sales in Maryland.
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RISE Dispensaries, owned by Green Thumb Industries Inc., will begin adult-use cannabis sales at its four Maryland dispensaries on July 1st. The dispensaries will donate a portion of profits from the first day of sales to local nonprofit organizations. Green Thumb has been serving Maryland's medical cannabis market since 2017 and is excited to open its doors to adult-use consumers.
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FAQ

What is the current stock price of GREEN THUMB INDUS SUB VTG (GTBIF)?

The current stock price of GREEN THUMB INDUS SUB VTG (GTBIF) is $9.039 as of November 22, 2024.

What is the market cap of GREEN THUMB INDUS SUB VTG (GTBIF)?

The market cap of GREEN THUMB INDUS SUB VTG (GTBIF) is approximately 2.3B.

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.

How many manufacturing facilities does Green Thumb Industries Inc. have?

Green Thumb Industries Inc. has 20 manufacturing facilities across the United States.

How many retail locations does Green Thumb Industries Inc. have?

Green Thumb Industries Inc. has 93 open retail locations in 14 U.S. markets.

What is the primary focus of Green Thumb Industries Inc.?

Green Thumb Industries Inc. focuses on promoting well-being through the power of cannabis while giving back to the communities it serves.

GREEN THUMB INDUS SUB VTG

OTC:GTBIF

GTBIF Rankings

GTBIF Stock Data

2.28B
195.80M
13.42%
9.54%
Drug Manufacturers - Specialty & Generic
Healthcare
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United States of America
Chicago