Streetbeat News

GTBIF

Green Thumb Industries Inc

https://www.gtigrows.com/

CEO

Ben Kovler

Industry

Bituminous Coal and Lignite Surface Mining

Open

7.82

Mkt cap

1.9B

Volume

150K

High

8.15

P/E Ratio

30.19

52-wk high

16.33

Low

7.77

Div yield

N/A

52-wk low

7.50

The marijuana stock market is experiencing volatility due to uncertainties surrounding federal reform and the impact of the Presidential election on the cannabis industry. Investors are concerned about the future of the sector under Donald Trump's administration.

Portfolio Pulse from

November 30, 2024 | 2:45 pm

Green Thumb Industries remains optimistic despite a significant drop in cannabis stocks, as the company reports another profitable quarter. CEO Ben Kovler states that the company will not alter its strategy due to the current market downturn.

Portfolio Pulse from

November 08, 2024 | 4:45 pm

Green Thumb Industries, Inc. (GTBIF) held its Q3 2024 earnings conference call on November 7, 2024. The call included key corporate participants and analysts from various firms.

Portfolio Pulse from

November 08, 2024 | 1:45 am

Green Thumb Industries Inc. (GTBIF) reported Q3 earnings of $0.04 per share, missing the Zacks Consensus Estimate of $0.06 per share. This is a decrease from $0.05 per share a year ago.

Portfolio Pulse from

November 08, 2024 | 12:00 am

Green Thumb Industries Inc. (OTCQX: GTBIF) reported its third quarter 2024 financial results, highlighting its performance as a leading cannabis consumer packaged goods company.

Portfolio Pulse from

November 07, 2024 | 9:15 pm

Microsoft shares rise as the company reports better-than-expected Q1 2025 GAAP EPS and sales.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 8:05 pm

On October 29, 2024, several cannabis-related stocks experienced significant price movements. Currenc Group (NASDAQ:CURR) and Encompass Health (NYSE:EHC) were among the gainers, while Eastside Distilling (NASDAQ:EAST), 22nd Century Group (NASDAQ:XXII), Cara Therapeutics (NASDAQ:CARA), Greenlane Holdings (NASDAQ:GNLN), and Urban-gro (NASDAQ:UGRO) were among the losers.

Portfolio Pulse from Benzinga Insights

October 29, 2024 | 8:30 pm

Florida's cannabis market is poised for significant changes with the upcoming recreational cannabis vote. The market is experiencing deflation, with sales dropping despite volume growth, and a competitive landscape is emerging. Key players like Trulieve, Verano, and AYR are expanding retail operations, while M&A activity is expected to increase. Companies like AYR and iAnthus may become acquisition targets due to financial challenges, while others like Green Thumb and Curaleaf are positioned to acquire assets. If recreational cannabis is legalized, the market could triple, offering substantial growth opportunities.

Portfolio Pulse from Nicolás Jose Rodriguez

October 26, 2024 | 6:15 pm

MariMed is expanding its cannabis operations in Illinois, aiming to boost growth despite market challenges. The company is focusing on capacity expansion and in-house brand performance. MariMed's stock has underperformed compared to the MSOS ETF, but recent gains suggest potential growth.

Portfolio Pulse from Nicolás Jose Rodriguez

October 25, 2024 | 3:51 am

A federal appellate court will hear a case challenging the U.S. government's prohibition on marijuana, filed by Verano Holdings and other cannabis businesses. The case argues that federal prohibition is unconstitutional given state-regulated cannabis activities. The hearing is set for December 5.

Portfolio Pulse from Juan Spínelli

October 25, 2024 | 3:35 am

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