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Green Thumb Industries Responds to Market Rumors

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Green Thumb Industries, a prominent national cannabis consumer packaged goods company and owner of RISE Dispensaries, responded to media speculation about a potential transaction involving the company. The announcement was made on June 4, 2024, from Chicago and Vancouver. Green Thumb stated that it maintains a policy of not commenting on market rumors. The company trades under the ticker GTBIF on the OTCQX market.

Positive
  • Green Thumb Industries is recognized as a leading national cannabis consumer packaged goods company.
  • Ownership of RISE Dispensaries contributes positively to the company's business profile.
  • Trading on both CSE (ticker: GTII) and OTCQX (ticker: GTBIF) indicates good market accessibility.
  • Company's policy of not commenting on market rumors maintains a professional and strategic stance.
Negative
  • The company's response to market rumors may indicate underlying uncertainties or potential volatility in stock performance.
  • Lack of specific details about the rumored transaction creates ambiguity which could affect investor confidence.

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.

About Green Thumb Industries
Green Thumb Industries Inc. (“Green Thumb”), a national cannabis consumer packaged goods company and retailer, promotes well-being through the power of cannabis while giving back to the communities in which it serves. Green Thumb manufactures and distributes a portfolio of branded cannabis products including &Shine, Beboe, Dogwalkers, Doctor Solomon’s, Good Green, incredibles and RYTHM. The company also owns and operates rapidly growing national retail cannabis stores called RISE Dispensaries. Headquartered in Chicago, Illinois, Green Thumb has 20 manufacturing facilities, 93 open retail locations and operations across 14 U.S. markets. Established in 2014, Green Thumb employs approximately 4,500 people and serves millions of patients and customers each year. More information is available at www.gtigrows.com.

Investor Contact:
Andy Grossman
EVP, Capital Markets & Investor Relations
InvestorRelations@gtigrows.com
310-622-8257

Media Contact:
GTI Communications
media@gtigrows.com


FAQ

What is the stock symbol for Green Thumb Industries?

The stock symbol for Green Thumb Industries is GTBIF on the OTCQX market.

When did Green Thumb Industries respond to media speculation?

Green Thumb Industries responded to media speculation on June 4, 2024.

What is Green Thumb Industries' policy on market rumors?

Green Thumb Industries maintains a policy of not commenting on market rumors.

What is the significance of RISE Dispensaries to Green Thumb Industries?

RISE Dispensaries is owned by Green Thumb Industries, enhancing its profile within the cannabis market.

Green Thumb Industries Inc.

OTC:GTBIF

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2.85B
188.39M
12.59%
9.81%
Bituminous Coal and Lignite Surface Mining
Mining, Quarrying, and Oil and Gas Extraction
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United States of America
Chicago