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GTBIF News and Press, Green Thumb Industries Inc From 11/08/22

Stock Information

Company Name: Green Thumb Industries Inc
Stock Symbol: GTBIF
Market: OTC
Website: gtigrows.com

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GTBIF - Buy InterCure To Ride The Coming Wave Of Global Cannabis Growth

Summary Legal cannabis around the world is just beginning but will surpass that of North America. Europe is one of the largest growth markets for companies in global cannabis. InterCure is well positioned to take advantage of European cannabis growth. For...

GTBIF - 3 Cannabis Stocks That Could Light Up on Marijuana Legalization News

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Marijuana legalization is leading to a boom in cannabis stocks. Public opinion has swung in favor of marijuana reform. So, it seems likely that federal and state laws will continue to change. Investors have also been flood...

GTBIF - Green Thumb: Patiently Waiting On U.S. Legalization

Summary Green Thumb continues to produce solid financials with record Q3 revenues. The MSO remains cash flow positive, even after paying excessive income taxes. Management doesn't appear interested in pursuing the corporate structure of Canopy Growth to uplist the stock to a m...

GTBIF - 3 Marijuana Stocks To Know About In 2023

3 Marijuana Stocks You Should Learn About Most marijuana stocks are still showing a decrease in the stock market today. Now, this drop in trading is more volatility than anything at some point a recovery will come. The reason for this is that there are several things to look forward...

GTBIF - The Weekly Stash: November 4, 2022

This week the New York group tasked with raising funds for the social equity applicants saw their contract canceled. The group apparently had investment interests in companies that were applying for licenses. It’s yet another setback for the New York program that has struggle...

GTBIF - Cresco Labs: Assessing The Risks And Opportunities In The U.S. Cannabis Giant

Summary Cresco Labs is a top tier cannabis operator in the United States. The stock is down 80% from highs. Growth has decelerated rapidly due to regulatory delays and price compression, but many states in its footprint still have adult use legalization ahead of them. The ...

GTBIF - Green Thumb Industries: In Cannabis, Hope For The Best And Plan For The Worst

Summary Cannabis is encountering serious headwinds that have been depressing performance throughout the sector. As the first major cannabis company to report Q3 results, Green Thumb gives an early glimpse of the state of the industry. Green Thumb's report provides guidance for...

GTBIF - Evaluating Columbia Care Ahead Of Its Pending Merger With Cresco Labs

Summary Columbia Care Inc., in spite of undervaluation, presents great risks. Adjusted EBITDA margins remain pressured in spite of the completion of many cultivation expansion projects. Columbia Care has outsized exposure to unlimited license states. I analyze the arbitrag...

GTBIF - Green Thumb Industries Inc. (GTBIF) Q3 2022 Earnings Call Transcript

Green Thumb Industries Inc. (GTBIF) Q3 2022 Results Conference Call November 2, 2022 05:00 PM ET Company Participants Shannon Weaver - Director of Internal Communications Ben Kovler - Chief Executive Officer Anthony Georgiadis - Chief Financial Officer Conf...

GTBIF - Green Thumb's Q3 net income falls 51% YoY, missing on the bottom line

Green Thumb Industries ( OTCQX:GTBIF ) saw its net income drop 51% in Q3 2022 to $9.8M compared to the prior-year period ($0.04 EPS diluted vs $0.10), a miss on the bottom line . Revenue of ~$261M , a ~12% year-over-year increase, was a beat. Green Thumb ( OTCQX:GTBI...

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