Green Thumb Industries Inc (GTBIF)
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The cannabis company's stock got a bump from positive numbers in its third-quarter report.
Green Thumb Industries Inc. managed to double its profit as it continues to scale up its legal cannabis business in the U.S., the company said.
As Green Thumb's Shares Go Up Post Earnings, Analyst Says Stock Will Benefit From Cannabis Legalization2021-11-11 13:16
Green Thumb Industries Inc. (OTCQX:GTBIF) released its third-quarter results Thursday with revenue of $233.7 million, up by 48.7% year-over-year. Adjusted operating EBITDA grew 2.4% sequentially and 52.6% year-over-year to $81.2 million (34.7% of revenue).
Green Thumb Industries GTBIF, -2.68% GTII, -2.51% delivered mixed third-quarter results by matching revenue estimates but falling short on adjusted Ebitda, Benchmark analyst Mike Hickey said in a research note on Thursday. The Chicago and Vancouver-based cannabis company said it earned $20.2 million, or 8 cents a share, up from net income of $9.64 million, or 4 cents a share, in the year-ago quarter.
Cannabis Earnings: Green Thumb Industries Reports Third Quarter 2021 Results, 48% YoY Revenue Increase2021-11-10 22:01
Green Thumb Industries Inc. (OTC:GTBIF), a leading national cannabis consumer packaged goods company, reported its financial results Wednesday afternoon for the third quarter ended September 30, 2021. Highlights for the quarter ended September 30, 2021:
Green Thumb Industries Inc. (GTBIF) CEO Ben Kovler on Q3 2021 Results - Earnings Call Transcript
U.S. cannabis producer Green Thumb Industries Inc's third-quarter revenue surged nearly 49% to beat estimates on Wednesday, thanks to more distribution channels and higher traffic at its retail stores.
CHICAGO and VANCOUVER, British Columbia, Nov. 10, 2021 (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 third quarter ended September 30, 2021. Financial results are reported in accordance with U.S. generally accepted accounting principles (“GAAP”) and all currency is in U.S. dollars.
2 Marijuana Stocks To Watch That Have Started To Rise The post Top Marijuana Stocks To Watch As Momentum Begins To Pick Up appeared first on Marijuana Stocks | Cannabis Investments and News. Roots of a Budding Industry.™.
Cannabis Watch: Cannabis stocks rally on talk of M&A and latest moves toward possible reform of federal ban2021-11-08 13:34
Cannabis stocks posted big gains Monday amid optimism about M&A and federal legalization in a rare burst of energy in the sector that's been trading mostly lower this year.