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The Latest Breaking News from Green Thumb

85% Of Cannabis Companies Report Positive Earnings, But Not All Are Winning - See Who's Leading

85% of the companies analyzed by Beacon Securities achieved positive adjusted EBITDA for the quarter, an increase from 81% in Q2.

Benzinga

Cannabis Co. Cansortium Refinances Debt With $96.5M Loan Ahead Of Major Merger And Next Phase Of Growth

Cansortium Inc. (CSE: TIUM.U) (OTCQB: CNTMF) announced on Tuesday that it has secured a new senior secured credit agreement of up to $96.5 million with Chicago Atlantic Admin, LLC, as an administrative agent for certain lenders.The Tampa, Florida-based vertically integrated cannabis company operating under the FLUENT brand, said the credit…

Benzinga

2 Cannabis Stocks I Would Flat-Out Avoid In 2024, and One I Would Buy

The cannabis industry is expanding rapidly, but only a few cannabis companies can be winners.

Barchart

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2 'Strong Buy' Cannabis Stocks to Consider Instead of Canopy Growth

As the cannabis industry is poised for growth in 2024, top-rated Green Thumb Industries and Verano Holdings have emerged as attractive alternatives to struggling Canopy Growth. Both stocks have significant upside potential, and are making strategic moves that position them well in the evolving market.

Barchart

2 Growth Stocks With 64% to 152% Upside in 2024

These two stocks have been quietly making strides and could be long-term winners.

Barchart

3 Cannabis Stocks With More Upside Potential Than Canopy Growth

Three lesser-known cannabis companies are quietly making moves that could position them as more attractive investment opportunities than the headline-grabbing Canopy Growth.

Barchart

2 Growth Stocks With 35% to 150% Upside in 2024

While all eyes are on AI stocks, there are a few undervalued growth stocks that have the potential to provide investors with massive long-term returns.

Barchart

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2 Cannabis Stocks Under $20 That Could Soar, According to Analysts

As more states approve recreational use and governors push the White House to reschedule cannabis, these two low-priced weed stocks stand out as top analyst picks that could blaze a trail higher in 2024.

Barchart

3 Cannabis Stocks That Have More Upside Potential Than Canopy Growth, According to Wall Street Analysts

CGC has nearly tripled since late August - and now these three marijuana stocks have more upside potential, according to Wall Street.

Barchart

Green Thumb Industries' Positive Q3 Report Compels Analyst To Place It Among 'Best-Managed MSOs'

Green Thumb Industries (OTCQX: GTBIF) reported

Benzinga

Green Thumb Industries Q3 Revenue Grows 11.8% YoY Driven By Retail Sales In New Jersey

Green Thumb Industries Inc. (OTCQX: GTBIF) (CSE:GTII) total revenue for the third quarter of 2022 was $261.2 million, up 2.7% sequentially and up 11.8% from $233.7 million in the prior year period.

Benzinga

Rep. Melanie Morgan Accused Of Silencing BIPOC Cannabis Businesses, Circle K Weed Sales In Question & More

Weed Sales At Circle K Stations In Question

Benzinga

What's Going On With Cannabis Pricing In Illinois? Analyst Examines Retailers' Menus

Illinois is one of the most prominent cannabis markets in the U.S. In 2022, recreational marijuana sales crossed the $1 billion mark.

Benzinga

Medical Marijuana Dispensaries Will Soon Open Alongside Florida Circle K Stores

As part of a new partnership, Green Thumb Industries will lease space from 10 convenience stores to build dispensaries.

Reason

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The Street

Cannabis Will Soon Be Available Closer to Home

Green Thumb will open a new distribution channel for patients who need its products to medical patients in Florida at Circle K stores.

Tribune News Service

Weed is coming to Circle K gas stations in US next year

Weed is coming to U.S. gas stations.

Benzinga

Another Marijuana Firm Dumps A NY Cannabis Deal: Analyst Reveals Future Acquisition Targets And Their M&A Outlook

Just days after Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) notified Goodness Growth Holdings, Inc. (CSE:GDNS) (OTCQX: GDNSF

Benzinga

Green Thumb Posts Nearly 15% Rise In Q2 Revenue, Thank You New Jersey And Illinois

Green Thumb Industries Inc. (CSE: GTII) (OTCQX: GTBIF) reported its financial results for the second quarter ended June 30, 2022. Highlights for the second quarter and six months ended June 30, 2022:

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Benzinga

Cannabis In New Jersey: How Did The Market Change Since Recreational Weed Was Legalized?

On Thursday, Cantor Fitzgerald analyst Pablo Zuanic offered an update on New Jersey’s recreational cannabis market. Zuanic analyzed the competitive landscape and the changes in the recreational cannabis market in The Garden State. Although the report is not a second-quarter preview, the analyst offered an estimation of the evolution of…

Benzinga

Cantor's Top Picks: Could Q2 Earnings Provide A Spark For These Cannabis Multi-State Operators?

Multi-State Operators (MSO) traded higher on Tuesday after Cantor Fitzgerald categorized four companies as "top picks." In a recent industry report, Pablo Zuanic analyzed the context of MSOs and offered insight on trends driving financial value. Although MSOs ETF fell 25% in June and 49% over the last three months (vs.

Benzinga

Innovative Industrial Properties Expands Real Estate Partnership With Green Thumb Industries At Pennsylvania Property

Innovative Industrial Properties, Inc. (NYSE: IIPR) entered into an amendment of the lease with Green Thumb Industries Inc. (OTCQX: GTBIF) (CSE:GTII) The lease amendment in Danville, Pennsylvania, provided $55.0 m

Benzinga

Large Public Cannabis Operators, Curaleaf, Green Thumb, Verano, Acreage, Ascend Face $360K Fines In New Jersey

Some of the largest US cannabis operators violated important rules set up for the newly legal marijuana market in New Jersey. And, they’re being fined for it. What Happened

The Street

New Jersey Cannabis Market Starts Up, Well, Smokin'

New Jersey's 13 dispensaries averaged $5 million in sales a week.

Benzinga

Green Thumb Industries Opens Third Round Of Its Good Green Grant Applications

Green Thumb Industries Inc. (OTCQX: GTBIF) (CSE:GTII) opened applications for the third round of its Good Green Grant Program.

Benzinga

Green Thumb Industries Reports Strong Q1, Ninth Consecutive Quarter Of Positive Cash Flow

Green Thumb Industries Inc. (CSE: GTII) (OTCQX: GTBIF) has reported its financial results for the first quarter ended March 31, 2022.

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