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Green Thumb Industries Inc - GTBIF STOCK NEWS

Welcome to our dedicated news page for Green Thumb Industries (Ticker: GTBIF), a resource for investors and traders seeking the latest updates and insights on Green Thumb Industries.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Green Thumb Industries's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Green Thumb Industries's position in the market.

News
Green Thumb Continues its Florida Retail Expansion with Opening of RISE Dispensary Wesley Chapel, its 16th Florida Location, on April 26
Rhea-AI Summary
Green Thumb Industries Inc. continues its Florida retail expansion with the opening of RISE Dispensary Wesley Chapel, its 16th Florida location, on April 26. The dispensary will offer a diverse collection of cannabis products to medical cannabis patients, including premium flower, pre-rolls, vapes, and chews. The grand opening celebration on June 7 will feature special discounts, merchandise giveaways, and a ribbon-cutting ceremony. Green Thumb is dedicated to providing high-quality cannabis products and making a positive impact on the communities it serves.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.46%
Tags
none
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News
Green Thumb Industries to Hold First Quarter 2024 Earnings Conference Call on May 8, 2024
Rhea-AI Summary
Green Thumb Industries Inc. to Release First Quarter 2024 Financial Results and Host Conference Call on May 8, 2024
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.34%
Tags
earnings
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News
Green Thumb Expands Florida Retail Footprint with New RISE Dispensary in Dunnellon, its 15th Location in the Sunshine State
Rhea-AI Summary
Green Thumb Industries Inc. (GTBIF) announces the opening of RISE Dispensary Dunnellon, its 15th location in Florida and 92nd nationwide. The store will offer a variety of THC and CBD products, including premium flower, pre-rolls, vapes, and chews. The grand opening event on April 19 will feature special discounts, giveaways, and music, with profits donated to The Bridge 4 Veterans organization.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.49%
Tags
none
News
Green Thumb Industries Reports Fourth Quarter and Full Year 2023 Results
Rhea-AI Summary
Green Thumb Industries Inc. reported strong financial results for Q4 and full year 2023. Q4 revenue was $278 million, with cash at $162 million. Full year revenue was $1.1 billion, with cash flow from operations at $225 million. Adjusted EBITDA for Q4 was $91 million, and for the year was $326 million. The company's Board authorized a $50 million share repurchase program increase.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.49%
Tags
earnings
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News
Green Thumb Industries Publishes Second Annual Social Impact Report
Rhea-AI Summary
Green Thumb Industries Inc. released its 2023 Social Impact Report, showcasing the progress of its 'Growing for Good' program across four key pillars: Community Engagement, Inclusion & Belonging, Restorative Justice, and Environmental Stewardship. The report highlights the company's commitment to promoting well-being through cannabis and giving back to the communities it serves. In 2023, Green Thumb's team of 4,600 individuals supported their communities by promoting inclusivity, advocating for social justice, and delivering positive change. The report includes highlights such as community contributions of over $800,000, unconscious bias training sessions, advocacy for cannabis policy reform, and environmental conservation efforts.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.22%
Tags
none
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News
Green Thumb Industries to Hold Fourth Quarter and Full Year 2023 Earnings Conference Call on February 28, 2024
Rhea-AI Summary
Green Thumb Industries Inc. will release its fourth quarter and full year 2023 financial results on February 28, 2024. A conference call and webcast will be held to discuss the results and answer questions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.12%
Tags
earnings
News
Green Thumb to Open RISE Dispensary Port Orange in Florida, its 90th Retail Location in the Nation, on December 15
Rhea-AI Summary
Green Thumb Industries Inc. (GTII) announces the opening of RISE Dispensary Port Orange, the 14th location in Florida and 90th nationwide. The store will host a patient appreciation event with profits going toward M4MM. The Company operates two production facilities in Ocala and Homestead, ensuring high-quality products. RISE Dispensaries in Florida offer various products from Green Thumb's award-winning family of brands.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.41%
Tags
none
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News
Green Thumb Announces Retirement of Richard Drexler from Board of Directors
Rhea-AI Summary
Green Thumb Industries Inc. (GTII) announces the retirement of Richard Drexler from its Board of Directors, with Richard Reisin taking over as Chair of the Audit Committee. Drexler will continue to support the Board in a short-term consultant role. The company expresses gratitude for Drexler's contributions and wishes him well in his retirement.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.81%
Tags
management
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News
Green Thumb to Open RISE Dispensaries in Tampa and Crystal River on December 1, Expanding its Footprint to 13 Locations in the Sunshine State
Rhea-AI Summary
RISE Dispensaries, owned by Green Thumb Industries Inc. (CSE: GTII) (OTCQX: GTBIF), is opening two new locations in Florida, bringing the total retail footprint to 13 in the state and 89 nationwide. The grand opening celebrations will benefit Tu Canna Foundation and The Bridge 4 Veterans, reflecting the company's commitment to community support and wellness advocacy.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.88%
Tags
none
News
Green Thumb Industries Reports Third Quarter 2023 Results
Rhea-AI Summary
Green Thumb Industries Inc. (GTII) reports 9% increase in revenue to $275 million for Q3 2023. GAAP net income was $11 million. Adjusted EBITDA was $83 million. Cash flow from operations was $61 million. Cash at quarter end totaled $137 million. Share repurchases of $25 million during the quarter. Adult-use cannabis sales commenced at four RISE Dispensaries in Maryland. Total revenue for Q3 2023 was $275.4 million, up 5.4% from the prior year period. Gross profit for Q3 2023 was $133.8 million. Total debt outstanding was $298.5 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.42%
Tags
earnings
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Green Thumb Industries Inc

OTC:GTBIF

GTBIF Rankings

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GTBIF Stock Data

3.04B
185.52M
12.64%
9.79%
Bituminous Coal and Lignite Surface Mining
Mining, Quarrying, and Oil and Gas Extraction
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