Streetbeat News

GTBIF

Green Thumb Industries Inc

https://www.gtigrows.com/

CEO

Ben Kovler

Industry

Bituminous Coal and Lignite Surface Mining

Open

9.50

Mkt cap

2.1B

Volume

278K

High

9.51

P/E Ratio

31.86

52-wk high

16.33

Low

8.60

Div yield

N/A

52-wk low

7.50

The article reports on the stock movements of various cannabis-related companies on September 10, 2024. Notable gainers include CNBX Pharmaceuticals and Cara Therapeutics, while Leafbuyer Techs and Eastside Distilling were among the losers.

Portfolio Pulse from Benzinga Insights

September 10, 2024 | 8:30 pm

Ohio's adult-use marijuana market launch led to significant fines for several dispensaries due to advertising violations. The Source faced a $225,000 fine, The Botanist $162,500, and RISE Dispensaries, owned by Green Thumb Industries Inc. (OTC:GTBIF), $17,500. These fines highlight the strict regulatory environment.

Portfolio Pulse from Patricio Liddle

September 10, 2024 | 5:04 pm

Former President Donald Trump's comments on rescheduling cannabis and supporting banking reforms led to a positive reaction in cannabis stocks. Notable gains were seen in companies like Trulieve Cannabis, Green Thumb Industries, and Canopy Growth. The market's response was more modest compared to previous surges.

Portfolio Pulse from Nicolás Jose Rodriguez

September 09, 2024 | 8:49 pm

On September 9, 2024, several marijuana stocks experienced significant price movements. Notable gainers included CLS Holdings USA, Target Group, and 22nd Century Group, while major losers included Plant Based Investment and AusCann Group Holdings.

Portfolio Pulse from Benzinga Insights

September 09, 2024 | 8:30 pm

Ohio's adult-use cannabis market has seen strong demand, with sales reaching $44 million. Companies like Trulieve and Locals Cannabis report sustained customer interest. Several multi-state operators are expanding in Ohio, while lawmakers consider road safety measures.

Portfolio Pulse from Patricio Liddle

September 05, 2024 | 9:57 pm

Former President Donald Trump's support for cannabis legalization in Florida has sparked varied reactions in the cannabis stock market. Notable movements include gains for AdvisorShares Pure Cannabis ETF and Trulieve Cannabis, while Canopy Growth and Cronos Group saw declines.

Portfolio Pulse from Nicolás Jose Rodriguez

September 05, 2024 | 1:39 pm

On September 2, 2024, several cannabis stocks experienced significant price movements. Notable gainers included Corbus Pharmaceuticals (NASDAQ:CRBP) and Urban-gro (NASDAQ:UGRO), while AusCann Group Holdings (OTC:ACNNF) and Leafbuyer Techs (OTC:LBUY) were among the biggest losers.

Portfolio Pulse from Benzinga Insights

September 02, 2024 | 8:30 pm

C21 Investments and Vext Science, two small-cap cannabis stocks, have shown strong financial performance in cash flow and credit management, outperforming larger peers like Tilray, Curaleaf, and Trulieve. Despite their smaller market caps, they demonstrate superior cash flow margins and credit rankings, highlighting their financial efficiency.

Portfolio Pulse from Nicolás Jose Rodriguez

August 29, 2024 | 7:05 pm

On August 28, 2024, several cannabis stocks experienced significant price movements. Pharmadrug, Target Group, and Mexco Energy were among the top gainers, while Cipher Pharmaceuticals, Elixinol Wellness, and 22nd Century Group were notable losers.

Portfolio Pulse from Benzinga Insights

August 28, 2024 | 8:30 pm

Rapper Afroman celebrated the legalization of recreational marijuana in Ohio, claiming credit for the achievement. The new law allows sales at over 100 medical marijuana shops, including those owned by Verano Holdings, Trulieve, Curaleaf Holdings, Acreage Holdings, and Green Thumb Industries.

Portfolio Pulse from Maureen Meehan

August 28, 2024 | 6:02 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.