Welcome to our dedicated page for Green Thum news (Ticker: GTBIF), a resource for investors and traders seeking the latest updates and insights on Green Thum stock.
Green Thumb Industries (GTBIF) is a vertically integrated leader in the U.S. market, producing premium consumer packaged goods and operating RISE Dispensaries nationwide. This page provides direct access to official company announcements, financial disclosures, and operational developments.
Investors and industry professionals will find curated updates including quarterly earnings, product innovations, regulatory milestones, and retail expansion initiatives. All content is sourced from verified corporate communications to ensure accuracy.
Key focus areas include cultivation advancements, manufacturing compliance updates, and consumer trends shaping the cannabis sector. Bookmark this page to monitor GTBIF's strategic positioning within evolving state markets and federal regulatory frameworks.
Green Thumb Industries Inc. reported first-quarter 2024 financial results with revenue of $276 million, a 11% increase from the prior year. The company had a cash balance of $224 million, GAAP net income of $31 million, and adjusted EBITDA of $91 million. Green Thumb's gross profit increased to $144.9 million, and total revenue grew by 11% primarily driven by retail and consumer packaged goods sales. The company repurchased 1,067,000 shares for $13.6 million during the quarter. Overall, Green Thumb showed strong financial performance and positive growth momentum.
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