Streetbeat News

GTBIF

Green Thumb Industries Inc

https://www.gtigrows.com/

CEO

Ben Kovler

Industry

Bituminous Coal and Lignite Surface Mining

Open

6.19

Mkt cap

1.5B

Volume

165K

High

6.34

P/E Ratio

20.87

52-wk high

16.33

Low

6.19

Div yield

N/A

52-wk low

6.08

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

The article reports on the stock movements of various marijuana-related companies on August 27, 2024. Notable gainers include Elixinol Wellness and Heritage Cannabis Holding, while significant losers include Target Group and Cresco Labs.

Portfolio Pulse from Benzinga Insights

August 27, 2024 | 8:30 pm

Cannabis stocks, including Curaleaf Holdings, Trulieve Cannabis, Green Thumb Industries, Cresco Labs, and Cansortium, experienced significant declines following the DEA's delay in cannabis rescheduling. The AdvisorShares Pure US Cannabis ETF (MSOS) also dropped over 10%. Despite the downturn, analysts see potential buying opportunities amid market volatility.

Portfolio Pulse from Nicolás Jose Rodriguez

August 27, 2024 | 3:09 pm

Minnesota's upcoming cannabis licensing in 2025 faces challenges as out-of-state applicants flood the market, potentially diluting local focus. Legal experts discuss the implications for local entrepreneurs and the unique features of Minnesota's cannabis industry, including tribal-owned businesses and restrictions on vertical integration.

Portfolio Pulse from Patricio Liddle

August 24, 2024 | 3:36 pm

The cannabis market is facing volatility, with ETFs like AdvisorShares Pure US Cannabis ETF (MSOS) and its leveraged counterpart MSOX experiencing challenges due to regulatory uncertainty and underperforming stocks. However, potential regulatory reforms, such as cannabis rescheduling, offer hope for recovery.

Portfolio Pulse from Javier Hasse

August 22, 2024 | 1:00 pm

Ohio's marijuana market has seen a significant surge in sales since the legalization of recreational cannabis on August 6, 2023. In the first 12 days, sales reached $38.5 million, with a notable increase in daily sales averages. Multi-state operators like Verano Holdings, Trulieve Cannabis, Curaleaf Holdings, Acreage Holdings, and Green Thumb Industries are benefiting from this growth.

Portfolio Pulse from Maureen Meehan

August 21, 2024 | 6:31 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.