Green Thumb Industries Inc

Most Recent

  • Green Thumb Industries Marijuana
    IPOs

    Green Thumb Industries Anticipates U.S. Listing, Marijuana Stocks Swell

    By Rachel Curry
  • uploads///
    Company & Industry Overviews

    How Did Cannabis Stocks Perform Last Week?

    Tilray (TLRY) stock fell as much as 5.5% last week, while Supreme Cannabis (SPRWF) fell ~4.4% in the week ending May 3.

    By Adam Jones
  • uploads///ebitda
    Real Estate

    Comparing the Valuation Multiples of Cannabis Stocks

    In this part of our cannabis valuation series, we’ll discuss the multiples of the remaining cannabis stocks and compare them to the peer (MJ) median of 24x.

    By Adam Jones
  • uploads///Cannabis
    Cannabis

    Cannabis Sector 2019 Review and 2020 Outlook

    Canada legalized cannabis in October 2018, so investors expected 2019 to drive marijuana sales. However, the fate of the industry took a sharp turn.

    By Sushree Mohanty
  • uploads///AdobeStock_
    Cannabis

    Will Santa Claus Rally Boost Cannabis Stocks?

    On December 26, a Santa Claus rally seems to be in full swing. This effect pushed the S&P 500 (SPX) and Nasdaq Composite Index (COMP) to record highs.

    By Margaret Patrick
  • uploads///AdobeStock_
    Cannabis

    Cannabis Sector: A Week in Review for Sept 20

    Last week, the overall cannabis sector remained subdued. Sector ETFs, such as the Horizons Marijuana Life Sciences ETF (HMMJ), closed about 8.15% lower.

    By Adam Jones
  • uploads///AdobeStock_
    Cannabis

    New York: Curaleaf Launched Cannabis Flower Products

    On Monday, Curaleaf (CURA) (CURLF) became the first company to launch medical cannabis flower products in New York. The state offers growth opportunities.

    By Margaret Patrick
  • uploads///marijuana covid
    Cannabis

    Could Certain Marijuana Strains Help Fight COVID-19?

    The cannabis industry is doing its own research amid COVID-19. Researchers discovered that marijuana might have properties to fight the coronavirus.

    By Sushree Mohanty
  • uploads///illinois cannabis sales
    Cannabis

    Illinois’ Cannabis Sales Soared in June: Which Stocks Will Benefit?

    Cannabis sales have been soaring in all of the US states that classified it as an “essential item” amid the pandemic. Illinois has seen tremendous growth.

    By Sushree Mohanty
  • uploads///tim trad UevKKQQI unsplash
    Cannabis

    Medical Marijuana Faces Setback in Ohio

    The State Medical Board of Ohio refused to include anxiety disorders and autism in Ohio’s Medical Marijuana Control Program. Will the market suffer?

    By Margaret Patrick
  • uploads///Canopy Growth
    Basic Materials

    Canopy Growth and Cronos Group’s Earnings Next Week

    Canopy Growth (CGC) (WEED) and Cronos Group (CRON) are set to release their earnings next week. The cannabis sector has been on a roller coaster this year.

    By Sushree Mohanty
  • uploads///marijuanaI
    Cannabis

    New Year Will Bring Legal Marijuana to Illinois Residents

    Marijuana products are top-rated among Americans. Illinois will see recreational marijuana products for sale on January 1.

    By Sushree Mohanty
  • uploads///
    Company & Industry Overviews

    Tilray and Green Thumb Gain amid Broader Market Weakness

    Not all of the cannabis companies experienced a loss on April 2. Tilray (TLRY) rose ~1.6% around the middle of the day.

    By Adam Jones
  • uploads///republicans democrats marijuana
    Cannabis

    Marijuana Legalization: Democrats and Republicans’ Opposing Views

    Democrats and Republicans have always had opposing views about marijuana legalization. Republicans could gain voters if they support legalization.

    By Sushree Mohanty
  • Company & Industry Overviews

    Cannabis Stocks Roundup: Today’s Gains and Losses

    In the previous part of this series, we saw that most cannabis stocks (MJ) were trending lower today, but there were some gains as well.

    By Adam Jones
  • uploads///vaping
    Cannabis

    Vaping and Cannabis Stocks: Piper Jaffray Weighs In

    On October 8, Piper Jaffray senior analyst Michael Lavery voiced his opinions about the impact of vaping on cannabis stocks in an interview.

    By Margaret Patrick
  • uploads///aurora cannabis q results announce
    Cannabis

    Aurora Cannabis: Q3 Revenue Beat the Estimates

    Aurora Cannabis saw less of an impact from COVID-19 in the third quarter. Cannabis is an essential item amid the pandemic.

    By Sushree Mohanty
  • uploads///Cannabis
    Cannabis

    Cannabis Stock: Why You Should Consider Green Thumb

    Cannabis is in demand now amid the pandemic, and sales are rising. US marijuana companies have seen significant revenue gains.

    By Sushree Mohanty
  • uploads///organigram delay
    Cannabis

    OrganiGram Lays Off 220 Employees, Delays Q3 Earnings

    To survive amid the current COVID-19 crisis, OrganiGram (NASDAQ:OGI) announced restructuring changes including a 25% cut in its workforce.

    By Sushree Mohanty
  • uploads///curaleaf
    Cannabis

    Is Curaleaf a Good Cannabis Pick in 2020?

    Curaleaf (OTCMKTS:CURLF) is one of the vertically integrated US cannabis companies. The company has been a top player in the US cannabis space.

    By Sushree Mohanty
  • uploads///curaleaf q earnings
    Cannabis

    Curaleaf Plans a Nationwide Expansion of ‘Select’ Brand

    Curaleaf (OTCMKTS:CURLF) acquired a “Select” brand in February 2020. The company received positive feedback in medical and adult-use markets.

    By Rajiv Nanjapla
  • uploads///green thumb store
    Cannabis

    Green Thumb Keeps Expanding Its Operations in Las Vegas

    On June 27, Green Thumb Industries (OTCMKTS:GTBIF) opened its fifth Essence brand store in Las Vegas and its 48th retail store in the US.

    By Rajiv Nanjapla
  • uploads///canopy growth acreage holdings deal
    Cannabis

    Canopy Growth Revised Its Agreement with Acreage Holdings

    Canopy Growth entered into an agreement with US-based cannabis company Acreage Holdings last year. However, the company announced some changes.

    By Sushree Mohanty
  • uploads///acreage holdings upcoming results
    Cannabis

    Could Acreage Holdings’ Q1 Earnings Boost Its Stock?

    Acreage Holdings (OTCMKTS:ACRGF) will likely report its results for the first quarter of fiscal 2020 on Friday before the market opens.

    By Sushree Mohanty
  • uploads///illinois cannabis growth
    Cannabis

    Cannabis Market in Illinois Grows, Challenges Remain

    The growth in Illinois’s cannabis market is evident from its record sales in May. The state sold adult-use cannabis worth $44.3 million in May.

    By Sushree Mohanty
  • uploads///cannabis
    Cannabis

    Illinois Reports Record Recreational Cannabis Sales in May

    Illinois sold recreational cannabis worth $44.3 million in May—the highest amount since it legalized recreational sales in January this year.

    By Rajiv Nanjapla
  • uploads///cresco labs stifel canada
    Cannabis

    Why Stifel Canada Thinks Cresco Labs Is a ‘Buy’

    Cresco Labs (OTMKTS:CRLBF) started fiscal 2020 on a good note with strong first-quarter results. The company had triple-digit revenue growth.

    By Sushree Mohanty
  • uploads///green thumb industries
    Cannabis

    Green Thumb Industries Opens Its 46th Retail Store

    On Monday, Green Thumb Industries (OTCMKTS:GTBIF) opened a Rise brand store in Chambersburg, Pennsylvania—its 46th store in the US.

    By Rajiv Nanjapla
  • uploads///cresco labs ohio approval
    Cannabis

    Cresco Labs Receives Ohio Provisional Processing License

    Cresco Labs (OTCMKTS:CRLBF) is trading 1.8% higher as of 9:44 AM ET today. The company received a provisional processing license by the state of Ohio.

    By Sushree Mohanty
  • uploads///cannabis illinois
    Cannabis

    Cannabis Market Has Good Potential in Illinois

    The cannabis market in Illinois has been growing despite the COVID-19 pandemic. Illinois legalized recreational cannabis on January 1, 2020.

    By Sushree Mohanty
  • uploads///new york marijuana again
    Cannabis

    Marijuana Legalization Attempts in New York amid Protests

    George Floyd’s death has led to mass protests in the US. Notably, social injustice was one of the main motives behind legalizing marijuana.

    By Sushree Mohanty
  • uploads///medmen stores closed
    Cannabis

    MedMen Temporarily Closes Stores amid Protests

    Amid the protests following George Floyd’s death in the US, MedMen temporarily closed all of its stores. The stock fell after the news.

    By Sushree Mohanty
  • uploads///new mexico marijuana legalization
    Cannabis

    Marijuana Legalization Might Bring Economic Relief in New Mexico

    Governor Grisham thinks that marijuana is a good option to help New Mexico recover from the economic losses amid COVID-19.

    By Sushree Mohanty
  • uploads///green thumb industries good bet
    Cannabis

    Why Green Thumb Industries Is a Good Cannabis Bet

    So far in 2020, Green Thumb Industries has returned 6.0%—one of the few cannabis companies with positive returns this year.

    By Rajiv Nanjapla
  • uploads///medmen relief
    Cannabis

    Will MedMen’s Q3 2020 Earnings Be a Relief?

    MedMen Enterprises (OTCMKTS:MMNFF) is scheduled to report its financial results for the third quarter of fiscal 2020 on May 27 after the market closes.

    By Sushree Mohanty
  • uploads///canopy growth bofa bullish
    Cannabis

    Canopy Growth: BofA Is Bullish before Its Q4 Earnings

    While other cannabis companies have been struggling to stay afloat, Canopy Growth launched the second wave of Cannabis 2.0 products.

    By Sushree Mohanty
  • uploads///tilray analysts take
    Cannabis

    What Do Analysts Think about Tilray after Its Q1 Results?

    Tilray (NASDAQ:TLRY) posted its first-quarter earnings on May 11. The revenue growth was impressive in the first quarter.

    By Sushree Mohanty
  • uploads///hexo clock
    Cannabis

    Hexo Receives NYSE Warning for Listing, Clock Is Ticking

    On April 7, the NYSE sent a listing notification to Hexo. The warning said that the stock fell below the NYSE’s $1.00 share price continued listing standard.

    By Sushree Mohanty
  • uploads///green thumb industries
    Cannabis

    Green Thumb Industries Had a Good Start to Fiscal 2020

    Green Thumb Industries reported impressive results for the first quarter of fiscal 2020 on Thursday after the market closed.

    By Sushree Mohanty
  • uploads///texas marijuana
    Cannabis

    Could Marijuana Legalization Help Texas Recover Its Losses?

    Texas has suffered huge economic losses. Many industry experts think that marijuana legalization could be a good option to revive the state’s economy.

    By Sushree Mohanty
  • uploads///cannabis relief
    Cannabis

    Marijuana: Banking Access Included in Coronavirus Relief Bill

    Marijuana companies in the US have been struggling to get financial and banking access. Cannabis still isn’t legal at the federal level.

    By Sushree Mohanty
  • uploads///green thumb store
    Cannabis

    New Cannabis Store Opens before Green Thumb’s Q1 Earnings

    Green Thumb Industries (OTCMKTS:GTBIF) will likely report its results for the first quarter of fiscal 2020 on May 14 after the market closes. 

    By Sushree Mohanty
  • uploads///FCF
    Cannabis

    Innovative Industrial Properties Company Overview

    Innovative Industrial Properties, Inc. (IIPR) is the first company to focus on investing in real estate for medical marijuana companies. The company combines investments from investors and purchase real estate. Then, it leases it to companies that produce and sell medical marijuana. The portfolio of the company specializes in cannabis industry sites and greenhouse facilities. […]

    By Nivedha Elango
  • uploads///AdobeStock_
    Cannabis

    Stifel Gets Bullish on the Cannabis Sector in 2020

    According to a report by Barron’s on January 7, Stifel analysts expect a rebound in the cannabis sector in the first half of 2020.

    By Margaret Patrick
  • uploads///Green Thumb
    Cannabis

    Why Is Beacon Securities Bullish on Green Thumb Industries?

    On January 3, a Cantech Letter stated that Beacon Securities analyst Russell Stanley is bullish on Green Thumb Industries.

    By Sushree Mohanty
  • uploads///AdobeStock_
    Cannabis

    Illinois Wakes Up to Legalized Recreational Cannabis

    On June 25, Illinois governor J.B. Pritzker signed a bill approving marijuana use for everyone over 21 years old. The law became effective on January 1.

    By Margaret Patrick
  • uploads///AdobeStock_
    Cannabis

    Is Green Thumb a Good Buy in December 2019?

    Green Thumb Industries (GTII) (GTBIF) is a cannabis CPG (consumer packaged goods) company and retailer with headquarters in Chicago, Illinois.

    By Margaret Patrick
  • uploads///can_
    Cannabis

    What’s Driving Cannabis Stocks Today?

    Boosted by the strong performance from the broader equity market, the cannabis sector was trading in the green today.

    By Rajiv Nanjapla
  • Cannabis

    Green Thumb, Liberty Health Open New Locations

    Recently, leading cannabis companies Green Thumb Industries (GTBIF) and Liberty Health Sciences (LHSIF) launched retail stores in new locations.

    By Nivedha Elango
  • uploads///AdobeStock_
    Cannabis

    Do New Jersey Voters Want Marijuana Legalized in 2020?

    In November, Democratic lawmakers dropped the bill for legalizing recreational marijuana in New Jersey through the Senate.

    By Margaret Patrick
  • uploads///
    Cannabis

    The Cannabis Sector Continues Its Disappointing Week

    After falling for the first two days this week, the cannabis sector maintained that weakness today. Let’s look at some cannabis stocks that are in the news.

    By Rajiv Nanjapla
  • uploads///
    Healthcare

    Cannabis News Driving CURLF, IIPR, GTII, HEXO Today

    CNBC reports that Chinese officials aren’t confident of sealing a long-term US trade agreement. The cannabis sector was trading in the red today.

    By Rajiv Nanjapla
  • uploads///AdobeStock_
    Cannabis

    CannTrust Is Up after Falling below $1

    Today CannTrust Holdings is trading at $1.30 on the NYSE, 25.60% higher than its last closing price. It’s risen even faster on the Toronto Stock Exchange.

    By Margaret Patrick
  • uploads///
    Cannabis

    Will Cannabis Stocks Bleed More? MKM Weighs In

    This year, the cannabis sector has been underperforming the broader equity market. Will cannabis stocks bleed more after MKM Partners’ bearish outlook?

    By Rajiv Nanjapla
  • uploads///esteban lopez _kgqSnYIo unsplash
    Cannabis

    Cannabis Sector: The Week in Review for October 3

    The cannabis sector was trading in the red for the week ended October 3. The sector’s ETFs broadly ended the week in negative territory.

    By Sushree Mohanty
  • uploads///
    Cannabis

    Cannabis Roundup: WEED, KSHB, GTBIF, and ACB

    On October 1, the US markets were trading in the red due to weak manufacturing data. The cannabis sector also suffered from the weak manufacturing data.

    By Rajiv Nanjapla
  • uploads///AdobeStock_
    Cannabis

    Cannabis Sector: A Week in Review for September 27

    Last week, ending on September 27, the cannabis sector was weighed down by the bears. Sector ETFs broadly ended the week in negative territory.

    By Adam Jones
  • uploads///cannabis
    Cannabis

    Cannabis Coverage by Cowen: Cresco, Curaleaf, Acreage

    Despite Aurora Cannabis’s subdued results, Cowen initiated coverage on five cannabis stocks: CRLBF, GTBIF, CURLF, MMNFF, and ACRGF.

    By Sushree Mohanty
  • uploads///
    Cannabis

    Green Thumb: Lower Target Price, Higher Valuation Multiple

    Green Thumb is still trading in the positive territory this year. The company has fallen more than 25% since its first-quarter earnings.

    By Rajiv Nanjapla
  • uploads///esteban lopez iJORUyUlaY unsplash
    Company & Industry Overviews

    Illinois Is Most Recent State to Legalize Recreational Marijuana

    Illinois became the most recent state in the US to legalize recreational marijuana this week.

    By Adam Jones
  • uploads///
    Company & Industry Overviews

    Cannabis: FDA to Hold a Hearing on How to Regulate CBD

    The US Food and Drug Administration is set to hold its first public hearing on May 31 to get information about cannabis-based compounds.

    By Adam Jones
  • uploads///hemp leaf _
    Miscellaneous

    Green Thumb Industries: Wall Street Ratings and Target Price

    Analysts’ consensus target price for Green Thumb Industries increased in May to 28.2 Canadian dollars from 27.2 Canadian dollars.

    By Adam Jones
  • uploads///
    Company & Industry Overviews

    HEXO, CTST, and Other Cannabis Stocks Gain as Tension Eases

    On May 21, the cannabis sector was making positive moves after last week was fraught with pessimism due to trade tensions.

    By Adam Jones
  • uploads///seedling _
    Company & Industry Overviews

    APHA, EMH, GTIBF, and IIPR Lead the Gains in the Cannabis Sector

    The overall market sentiment for the cannabis sector appears to have improved after the sell-off in the last few days.

    By Adam Jones
  • uploads///Title
    Company & Industry Overviews

    Green Thumb Industries Appoints New Member to Board of Directors

    In a press release on April 30, Green Thumb Industries (GTBIF) announced the appointment of William Gruver as a new member of its board of directors.

    By Peter Neil
  • uploads///
    Company & Industry Overviews

    A Closer Look at HEXO’s Valuation

    HEXO (HEXO) has emerged as one of the cannabis sector’s best performers this year, returning ~123%.

    By Adam Jones
  • uploads///seedling _
    Company & Industry Overviews

    Cannabis Stocks Keep Falling

    The cannabis sector has seen one of its weakest months so far this year with most stocks trading lower since the beginning of April.

    By Adam Jones
  • uploads///Forward EV to Sales
    Miscellaneous

    Analyzing Green Thumb Industries’ Valuations

    In April, analysts turned more bullish on Green Thumb Industries (GTBIF) (GTII) with a consensus target price upgrade to 28.2 Canadian dollars.

    By Adam Jones
  • uploads///marijuana _
    Miscellaneous

    Green Thumb Industries: Analysts’ Ratings in April

    Green Thumb Industries stock has been one of the best performers with a return in excess of 100% YTD (year-to-date) as of April 23.

    By Adam Jones
  • uploads///seedling _
    Company & Industry Overviews

    CGC, CRON, and GTBIF Reverse Their Falling Streaks on April 12

    On the morning of April 12, the sentiment in the cannabis sector appeared to be lifted, with most companies trading in the positive.

    By Adam Jones
  • uploads///weed _
    Miscellaneous

    Green Thumb Industries: Analysts’ Views in April

    So far, Green Thumb Industries (GTBIF) (GTII) has experienced weakness in April. The stock has fallen nearly 7% in April.

    By Adam Jones
  • uploads///cannabis _
    Fund Managers

    Could Leon Cooperman Gain from Cannabis Legalization Moves?

    As CNBC reported yesterday, New Jersey legislators unveiled a plan to legalize cannabis (CGC) for adults in the state.

    By Anuradha Garg
  • uploads///GTII Analysts NTM Recommendation and Target
    Company & Industry Overviews

    Green Thumb Industries: Analysts’ Recommendations

    Green Thumb Industries (GTBIF) was one of the few cannabis companies (MJ) that received a coverage initiation from Seaport Global.

    By Adam Jones
  • uploads///green _
    Industrials

    Analysts’ Ratings for KSHB, IIPR, and Green Thumb Industries

    The US cannabis industry is beginning to brew. More legislators are working to make cannabis a legal commodity at a federal level.

    By Adam Jones
  • uploads///Part  GTBIF
    Company & Industry Overviews

    Green Thumb Industries Rises Following Acquisition

    On February 21, Green Thumb Industries (GTBIF) announced the completion of its acquisition of For Success Holding Company.

    By Peter Neil
  • uploads///GTBIF FEB  Prices
    Company & Industry Overviews

    Green Thumb Industries Acquires For Success Holding Company

    Today, in a press release, Green Thumb Industries (GTBIF) announced that it has completed its acquisition of For Success Holding Company.

    By Peter Neil
    • CONNECT with Market Realist
    • Link to Facebook
    • Link to Twitter
    • Link to Instagram
    • Link to Email Subscribe
    Market Realist Logo
    Do Not Sell My Personal Information

    © Copyright 2021 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.