Green Thumb Industries Inc.

Earnings data Q3 2024

Earnings data Q4 2024

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Green Thumb Industries, Inc. engages in the manufacture and distribution of branded cannabis products. It operates through the Retail and Consumer Packaged Goods segments. The company was founded by Benjamin Kovler and Max Cohen on February 18, 2002 and is headquartered in Chicago, IL.

Boston Beer Company

A recent news report says that Green Thumb may soon present Boston Beer with a merger offer. A business combination could unlock many enticing growth opportunities, including cannabis beverages.

There's a Major Deal Brewing Between a Top Cannabis Producer and a Leading Beer Maker

A proposal from Green Thumb Industries Inc. Chief Executive Ben Kovler to merge his company with Boston Beer Co. would capitalize on growing cannabis consumption as some alcoholic-beverage sales drop, an analyst said Monday,

Boston Beer merger with cannabis company Green Thumb seen as ‘low-hanging fruit': analyst

Curaleaf Holdings, Inc.

Marijuana stocks could be on the verge of seeing more market momentum. The cannabis sector is showing large amounts of speculative trading. So far 2024 has shown better promise than any other time in history. From where legal cannabis began to where it is currently is night and day. There has been so much progress despite the chaos inside the industry.

Top Marijuana Stocks To Watch Now In June

Trulieve Cannabis Corp.

Rescheduling cannabis down to a less serious classification would mean significant tax savings for multi-state marijuana operators. Three of the largest cannabis companies in the U.S. today are Curaleaf Holdings, Green Thumb Industries, and Trulieve Cannabis.

3 Stocks That Will Benefit the Most From Cannabis Rescheduling

Canopy Growth

Despite the recent lackluster performance, cannabis stocks shouldn't be overlooked. With ongoing legalization efforts in the U.S. and promising research into the plant's health benefits, the potential for significant returns is immense.

The 3 Best Cannabis Stocks to Buy in June 2024

Green Thumb Industries Inc. (CSE:GTII, OTCQX:GTBIF), a Chicago-headquartered cannabis company, is interested in a potential merger with brewer Boston Beer, according to a letter seen by media outlets. Per the letter from Green Thumb CEO Ben Kovler to Boston Beer founder Jim Koch on June 2, the combination would allow the Canadian-listed cannabis producer to also list on a major US stock exchange.

Green Thumb Industries reportedly eyeing merger with Boston Beer

Cannabis producer Green Thumb Industries is prepared to make an offer for a potential merger deal with U.S.-based brewer Boston Beer , according to a letter seen by Reuters.

Cannabis producer Green Thumb explores merger with Boston Beer, letter shows

CHICAGO and VANCOUVER, British Columbia, June 04, 2024 (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 responded to media speculation regarding the possibility of a transaction involving the Company. The Company's policy is not to comment on market rumors.

Green Thumb Industries Responds to Market Rumors

CHICAGO and VANCOUVER, British Columbia, May 29, 2024 (GLOBE NEWSWIRE) -- Green Thumb Industries Inc. (“Green Thumb” or the “Company”) (CSE: GTII) (OTCQX: GTBIF), a national cannabis company and owner of RISE Dispensaries and RYTHM Premium Cannabis , today announced the return of The Miracle in Mundelein, a two-day immersive event that merges the worlds of cannabis and music. Presented by RYTHM Premium Cannabis , RISE Dispensaries, Dayglo and Deep Cut, the second annual outdoor festival with legal on-site cannabis consumption will take place on September 7 and 8 outside of Chicago across the street from RISE Dispensary in Mundelein, Illinois.

RYTHM Premium Cannabis Brings Back The Miracle in Mundelein Two-Day Festival with Legal On-site Cannabis Consumption

Innovative Industrial Properties

As the cannabis industry evolves, its economic contributions could climb dramatically, offering ample growth opportunities for underappreciated cannabis stocks. Cannabis stocks have skyrocketed on the U.S. Department of Justice's plan to reschedule marijuana as a less risky Schedule III drug.

Cannabis Bargains: 3 Underappreciated Stocks to Snap Up in May 2024

This Memorial Day weekend, investors are closely monitoring top U.S. MSO marijuana stocks. These multi-state operators are leading the charge in the rapidly growing cannabis industry. The U.S. cannabis market is projected to reach $41 billion by 2025, driven by increasing legalization and consumer demand. Recently, the U.S. House of Representatives passed the MORE Act, which aims to decriminalize marijuana at the federal level. This news has fueled optimism among investors, as federal legalization could significantly boost the market. However, it is crucial to use technical analysis to identify potential entry and exit points. Proper risk management strategies are essential to navigate the market's volatility.

Top MSO Marijuana Stocks to Watch This Memorial Day Weekend

A federal lawsuit challenging nationwide restrictions on marijuana will continue despite a proposal by the U.S. government to lower the classification of cannabis to a less dangerous level of Schedule III, the lead lawyer for the case said Wednesday.

Cannabis companies continue federal legalization push despite marijuana's rescheduling

AdvisorShares Pure US Cannabis ETF

Cannabis stocks to buy are rallying after the U.S. Department of Justice proposed reclassifying marijuana as a less risky Schedule III drug. Following the DOJ's proposal, President Biden came out on X, commending the move while signaling a rosier future for cannabis stocks.

3 Cannabis Stocks That Could Be Millionaire-Makers: May Edition

NewLake Capital Partners, Inc.

Are some cannabis companies massaging earnings results, using metrics like cash flow from operations and free cash flow to present a positive financial picture? Jerry Derevyanny and Julian Lin on why investors should be cautious and look deeper into financial metrics.

Cannabis Investing Masterclass With Julian Lin + Jerry Derevyanny

Marijuana stocks could see strong trading this week. The reason is all the hype and news surrounding federal reform. Right now cannabis is still federally illegal. However, with the DEA's recent announcement to drop cannabis to class 3, the drug has the sector ramping up. Becuase of the volatility the sector encounters impactful news can change how marijuana stocks trade. For instance, when it's positive news on financials or laws it often leads to stronger trading for most marijuana stocks.

Top Marijuana Stocks To Watch The 3rd Week Of May

The future of the cannabis industry will shape how marijuana stock investors move forward. There is much going on in the world of investing throughout all sectors. However, the cannabis sector has been one that continues to flourish in various forms. For instance, more companies are focusing on the long term and working to keep up with consumer demand. Over the last several years the increase for more cannabis products has skyrocketed.

3 Marijuana Stock For Your 2024 Watch List This Month

Aurora Cannabis

OrganiGram Holdings Inc.

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Tilray Brands

Alex Carchidi is bullish on the cannabis sector but not ready to invest in stocks, except for Innovative Industrial Properties. 2 cannabis stocks worth considering are Green Thumb Industries and Trulieve Cannabis.

Looking For The Bud Light Of Cannabis

Cannabis earnings season has started off strong with major players in the sector largely delivering better sales and earnings than expected by Wall Street analysts.   Tier 1 multi-state operators (MSOs) Trulieve Cannabis Corp. (CSE:TRUL), Curaleaf Hldgs Inc. (CSE:CURA, OTCQX:CURLF), Green Thumb Industries Inc. (CSE:GTII, OTCQX:GTBIF) and Verano Holdings Corp (CSE:VRNO, OTCQX:VRNOF) reported their first quarter earnings last week.

Cannabis MSOs improve financial position during the first quarter

Investing in the cannabis industry presents a compelling opportunity due to the sector's evolving legality and substantial growth potential. As regulatory barriers ease and consumer attitudes shift, the cannabis market is positioned for expansion, offering diverse investment avenues from plant-based companies to ancillary service providers.

3 Cheap Cannabis Stocks to Buy Now: May 2024

Many investors and analysts have been bullish on the prospects of the U.S. cannabis industry since its legalization in several states. However, despite being legal in 40 out of 50 U.S. states for medical use and 24 out of 50 for recreational, the drug is still not federally legal.

3 Companies to Watch as Nasdaq Warms Up to Cannabis Listings

The mean of analysts' price targets for Green Thumb Industries Inc. (GTBIF) points to a 42.3% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Wall Street Analysts Believe Green Thumb Industries Inc. (GTBIF) Could Rally 42.3%: Here's is How to Trade

AFC Gamma

Amplify Alternative Harvest ETF

Cannabis may be one of the most controversial investing topics. But, it's also turning out to be one of the most profitable.

The 7 Most Undervalued Cannabis Stocks to Buy in May 2024

Green Thumb Industries, Inc. (OTCQX:GTBIF) Q1 2024 Earnings Conference Call May 8, 2024 5:00 PM ET Company Participants Shannon Weaver - VP, Communications Benjamin Kovler - Founder and CEO Anthony Georgiadis - President Matt Faulkner - CFO Conference Call Participants Matt Bottomley - Canaccord Genuity Matt McGinley - Needham Eric Des Lauriers - Craig-Hallum Capital Group Gerald Pascarelli - Wedbush Securities Pablo Zuanic - Zuanic & Associates Howard Penney - Hedgeye Aaron Grey - Alliance Global Partners Scott Fortune - ROTH Capital Mike Regan - Excelsior Equities Operator Good day, and welcome to the Green Thumb Industries First Quarter 2024 Earnings Conference Call and Webcast. [Operator Instructions] Please also note, today's event is being recorded.

Green Thumb Industries, Inc. (GTBIF) Q1 2024 Earnings Call Transcript

Jazz Pharmaceuticals

Whispers and rumors of widespread cannabis legalization are growing louder. Although the last major surge in top cannabis stocks during the late 2010s significantly eclipses today's market and per-share pricing, top cannabis stocks are gradually ticking upward.

The 7 Top-Selling Cannabis Companies Ranked by Revenue: Which Weed Stocks to Buy?

CHICAGO and VANCOUVER, British Columbia, May 08, 2024 (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 first quarter ended March 31, 2024. Financial results are reported in accordance with U.S. generally accepted accounting principles (“GAAP”) and all currency is in U.S. dollars.

News for Green Thumb Industries Inc. Stock (GTBIF)