GTBIF stock is trading in the green on Friday after Green Thumb Industries Inc. (CSE:GTII) (OTCQX:GTBIF) announced strong revenue results for the quarter that ended in March, topping consensus estimates as well as meeting per-share losses expectations.
Revenue Jumps 155%The Chicago-based marijuana producer reported Q1 2019 net losses of $9.7 million or 6 cents a share relative to the $1.6 million loss reported a year ago. Revenue grew by 34% quarter-on-quarter to $27.9 million and a 155% year-over-year increase from $10.9 million.
Analysts had projected revenue to be around $27.4 million while analysts ...
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