GTII.CN - Green Thumb Industries Inc.

Canadian Sec - Canadian Sec Delayed Price. Currency in CAD
13.58
-0.51 (-3.62%)
At close: 3:59PM EDT
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Previous Close14.09
Open14.16
Bid13.50 x 0
Ask13.91 x 0
Day's Range13.58 - 14.36
52 Week Range10.08 - 26.00
Volume139,424
Avg. Volume239,924
Market Cap2.723B
Beta (3Y Monthly)2.69
PE Ratio (TTM)N/A
EPS (TTM)-0.23
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • MarketWatch

    Cowen is bullish marijuana companies with CPG model, bearish on MedMen given retail reliance

    Cowen analyst Vivien Azer initiated coverage Friday of five multi-state cannabis operators, saying she's bullish on those that rely on the consumer packaged goods model given the higher margins, especially relative to those relying on the retail model. Azer started Green Thumb Industries Inc. at outperform with a stock price target of $18.50, Curaleaf Holdings Inc. at outperform with a $10.50 target, and Cresco Labs Inc. at outperform with a $14 target. "We believe that the greatest shareholder value will be created through businesses that emulate a traditional CPG finished goods model, given its superior margin structure," Azer wrote in a note to clients. Meanwhile, Azer started MedMen Enterprises Inc. at underperform with a $1.50 price target. "[MedMen] is the clear leader in the [California] market, with a distinguished brand, reflecting an attractive retail concept," Azer wrote. "However, to us, retail is less attractive than wholesale. And, an over-reliance on retail revenues today, coupled with excessive spending and notable management turnover, make this a'show-me' story." Azer also started Acreage Holdings Inc. at market perform with a $9 target, saying consolidation a of a "disparate network of dispensaries" and launching a "nascent brand strategy" could prove challenging. The ETFMG Alternative Harvest ETF was up 0.4% in afternoon trading, but has lost 28.7% over the past three months, while the S&P 500 has gained 3.5% in three months.

  • GlobeNewswire

    Green Thumb Industries (GTI) to Open Rise Hermitage, the Seventh Rise™ Cannabis Store in Pennsylvania, on September 19

    Green Thumb Industries Inc. (GTI) (CSE:GTII) (GTBIF), a leading national cannabis consumer packaged goods company and owner of Rise™ and Essence retail stores, today announced it will open Rise Hermitage, the  seventh Rise™ retail location in Pennsylvania, on September 19. Rise Hermitage will host an open house for the community on September 16 from 4 p.m. to 7 p.m. The open house will be held before cannabis products are on site so all are welcome to attend and meet the Rise™ team, including the General Manager and Pennsylvania Market President. “We’re honored to open the seventh Rise™ store in Pennsylvania and to be the first to provide cannabis to people throughout Mercer County,” said GTI Founder and Chief Executive Officer Ben Kovler.

  • GlobeNewswire

    Green Thumb Industries (GTI) Triples Revenue to $44.7 Million and Reports $5.0 Million in Adjusted Operating EBITDA in Second Quarter 2019

    Closed previously announced acquisition of Integral Associates to scale distribution of brand portfolio to Nevada and California Retail expansion accelerates with the opening of.

  • GlobeNewswire

    Green Thumb Industries Launches Illinois Pro Bono Cannabis License Application Assistance Program to Assist Social Equity Applicants

    Green Thumb Industries (GTI) (GTII) (GTII), a leading national cannabis consumer packaged goods company and owner of Rise™ and Essence retail stores, today announced its Illinois Social Equity License Application Assistance Program (LEAP), which will help educate applicants about the adult use cannabis business application process and prepare them to apply for the available categories of licenses. “At GTI, we believe it is part of our corporate responsibility to help reduce barriers to cannabis business ownership for minorities and others most impacted by the war on drugs,” says GTI Senior Vice President of Government and Regulatory Affairs Dina Rollman.

  • GlobeNewswire

    Green Thumb Industries (GTI) Closes Transaction to Acquire Highly Coveted Vertically Integrated New York License

    Green Thumb Industries Inc. (GTI) (CSE:GTII) (GTBIF) today announced it has closed on a transaction to acquire New York-based Fiorello Pharmaceuticals, one of only 10 companies approved to operate a medical marijuana company in the state. Assets include a manufacturing and cultivation facility in Schenectady County and a retail store in each of the following locations: Manhattan, Rochester, Halfmoon and Nassau County, three of which are open.

  • GlobeNewswire

    Green Thumb Industries (GTI) Wins Ohio Cultivation License

    Green Thumb Industries Inc. (GTI) (CSE:GTII) (GTBIF), a leading national cannabis consumer packaged goods company and owner of Rise™ and Essence retail stores, announced that it has been awarded a cultivation license by the Ohio Department of Commerce following an appeal. The cultivation operation will be located in Toledo as part of a processing and manufacturing facility that will also produce GTI’s branded product portfolio. “We are grateful the Ohio Department of Commerce has awarded GTI the cultivation license we applied for in 2017 based on exemplary scores and look forward to further serving the people of Ohio as they seek relief with medical cannabis,” said GTI Founder and Chief Executive Officer Ben Kovler.

  • GlobeNewswire

    Green Thumb Industries (GTI) to Open Rise Hallandale Beach, Its Fifth Retail Location in Florida and 28th in the Nation, on August 13

    Green Thumb Industries (GTI) (CSE:GTII) (GTBIF), a leading national cannabis consumer packaged goods company and owner of the retail stores Rise™ and Essence, announces it will open its fifth retail location in Florida, Rise Hallandale Beach, on August 13, 2019. It is GTI’s 28th retail location in the country and the first cannabis store in Hallandale Beach. Rise™ opened its Oviedo location last month and opened Rise Deerfield Beach, Pinellas Park and Bonita Springs earlier this year.

  • GlobeNewswire

    Green Thumb Industries (GTI) Opens Rise Cleveland, the City’s First Cannabis Store and GTI’s Third Retail Location in Ohio, on August 1

    Green Thumb Industries (GTI) (CSE:GTII) (GTBIF), a leading national cannabis consumer goods company and owner of Rise™ and Essence retail stores, announced it will open its 27th location, Rise Cleveland, on August 1. This is the third Rise™ store in Ohio and the city’s first cannabis retail store. Rise Cleveland is in downtown Cleveland near Progressive Field and Rocket Mortgage FieldHouse.

  • GlobeNewswire

    Green Thumb Industries (GTI) To Hold Second Quarter 2019 Earnings Conference Call on August 28, 2019

    CHICAGO and VANCOUVER, British Columbia, July 29, 2019 -- Green Thumb Industries Inc. (GTI) (CSE: GTII) (OTCQX: GTBIF), a leading national cannabis consumer packaged goods.

  • GlobeNewswire

    Green Thumb Industries Inc. (GTI) Expands Essence Brand in California with Third Retail License Award

    Green Thumb Industries (GTI) (CSE:GTII) (GTBIF), a leading national cannabis consumer packaged goods company and owner of Essence and Rise™ retail stores, today announced that it is one of only three companies to be awarded a new retail license by Culver City, located in Los Angeles County, California. “We are honored to be awarded a retail license by Culver City and to reach more people with our quality products and excellent customer care,” said GTI President Armen Yemenidjian.

  • GlobeNewswire

    Green Thumb Industries (GTI) to Open Rise Oviedo, Its Fourth Retail Location in Florida and 26th in the Nation, on July 9

    Green Thumb Industries (GTI) (CSE:GTII) (GTBIF), a leading national cannabis consumer packaged goods company and owner of Rise™ and Essence retail stores, announced it will open its fourth retail location in Florida, Rise Oviedo, the community’s first cannabis store, on July 9, 2019. Rise Deerfield Beach, Rise Pinellas Park and Rise Bonita Springs all opened earlier this year, and GTI has a retail footprint for up to 35 stores throughout Florida.

  • GlobeNewswire

    Green Thumb Industries (GTI) to Open Rise Mechanicsburg, Its Sixth Retail Location in Pennsylvania, on June 27

    Green Thumb Industries Inc. (GTI) (CSE:GTII) (GTBIF), a leading cannabis consumer packaged goods company and owner of the retail chains Rise™ and Essence, today announced it will open Rise Mechanicsburg, its sixth retail location in Pennsylvania and 25th in the nation, on Thursday, June 27.  Rise Mechanicsburg will host an open house for the community on Tuesday, June 25 from 4 p.m. to 7 p.m. The open house will be held before cannabis products are on site so all are welcome to attend and meet the Rise™ team, including the General Manager and Pennsylvania Market President. “We are thrilled to open the sixth Rise™ location in Pennsylvania and to create additional jobs in the Harrisburg-Carlisle metropolitan area,” said GTI Founder and Chief Executive Officer Ben Kovler.

  • GlobeNewswire

    Green Thumb Industries (GTI) Supports Pride Month With Limited Edition Rainbow Rythm Vaporizer Pens and Awareness Campaign

    CHICAGO and VANCOUVER, British Columbia, June 21, 2019 -- Green Thumb Industries. (GTI) (CSE: GTII) (OTCQX: GTBIF), a leading national cannabis consumer packaged goods company.

  • GlobeNewswire

    Green Thumb Industries (GTI) Announces Alex Yemenidjian Joins Board of Directors

    CHICAGO and VANCOUVER, British Columbia, June 19, 2019 -- Green Thumb Industries Inc. (GTI) (CSE: GTII) (OTCQX: GTBIF), a leading national cannabis consumer packaged goods.

  • GlobeNewswire

    Green Thumb Industries (GTI) Continues Expansion With Opening of Rise Latrobe, the Fifth Rise™ Retail Location in Pennsylvania

    Green Thumb Industries Inc. (GTI) (CSE:GTII) (GTBIF), a leading cannabis consumer packaged good company and owner of the retail chain Rise™, today announced it will open its fifth retail location in Pennsylvania, Rise Latrobe, on Thursday, June 20. This is the first medical marijuana retail store in Latrobe, which is located in the Pittsburgh metropolitan area. Rise Latrobe will host an open house for the community on Tuesday, June 18 from 4 p.m. to 7 p.m. The open house will be held before cannabis products are on site so all are welcome to attend and meet the Rise™ team, including the General Manager and the Pennsylvania Market President.

  • Market Exclusive

    Cannabis Stock News Daily Roundup June 11

    Valens GroWorks (CSE: VGW) (OTC: VGWCF) has expanded the volume of extraction services and has added an option to provide contract manufacturing services to the arm's length binding multi-year agreement with Tilray (NASDAQ: TLRY). Massachusetts' only cannabis company Garden Remedies (GRI) has opened its newest dispensary in Marlborough. The location commenced adult use retail operations and is awaiting […]The post Cannabis Stock News Daily Roundup June 11 appeared first on Market Exclusive.

  • Market Exclusive

    Green Thumb Industries Announces Retail License In Pasadena

    Green Thumb Industries Inc. (OTCMKTS:GTBIF) has announced that the City of Pasadena has granted Integral Associates a retail dispensary and delivery license which makes it one of the six awardees of new licenses in the city. Integral Associates placed first in Pasadena license application Integral Associates received the licenses the same day GTI concluded its […]The post Green Thumb Industries Announces Retail License In Pasadena appeared first on Market Exclusive.

  • GlobeNewswire

    Green Thumb Industries Inc. (GTI) Announces Second California Retail License Award Win By Integral Associates; Stores Slated for Pasadena and West Hollywood

    Green Thumb Industries Inc. (GTI) (CSE:GTII) (GTBIF) today announced that Integral Associates was awarded a retail dispensary and delivery license by the City of Pasadena, making it one of only six new license awardees in Pasadena. Integral Associates placed first out of 122 retail applications.  The Pasadena license was awarded the same day that GTI closed on its acquisition of Integral Associates, which includes the Essence retail stores as well as the award-winning Cannabiotix and Desert Grown Farms cultivation facilities in Nevada.

  • GlobeNewswire

    Green Thumb Industries Inc. (GTI) Closes on Acquisition of Integral Associates; Scales Brand Distribution in Nevada and Enters the California Retail Market

    CHICAGO and VANCOUVER, British Columbia, June 05, 2019 -- Green Thumb Industries (GTI) (CSE: GTII) (OTCQX: GTBIF), announced today that it closed on the acquisition of Integral.

  • GlobeNewswire

    Green Thumb Industries (GTI) Announces Conference Participation for June 2019

    CHICAGO and VANCOUVER, British Columbia, June 04, 2019 -- Green Thumb Industries Inc. (GTI) (CSE: GTII) (OTCQX: GTBIF), a leading national cannabis consumer packaged goods.

  • GlobeNewswire

    Green Thumb Industries (GTI) Opens Rise Bonita Springs on May 31, The Third Retail Location in Florida and 20th Store Nationwide

    Green Thumb Industries Inc. (GTI) (CSE:GTII) (GTBIF), a leading national cannabis consumer packaged goods company and owner of the retail chain Rise™, announces it will open its third retail location in Florida and 20th in the country, Rise Bonita Springs, on May 31, 2019. The company owns and operates a manufacturing facility in Homestead where it cultivates and produces GTI’s branded cannabis products including Rythm and The Feel Collection. Rise™ also offers delivery to registered cardholders in Florida via orders placed at RiseCannabis.com or by calling the store directly.

  • GlobeNewswire

    Green Thumb Industries (GTI) Announces Record Revenue of $28 Million and Record Sequential Revenue Growth of 34% for First Quarter 2019

    Opened four new Rise™ retail stores year-to-date across Ohio and FloridaClosed previously announced acquisition of Advanced Grow Labs, expanding production and distribution of.

  • GlobeNewswire

    Green Thumb Industries (GTI) Announces USD $105 Million Senior Secured Debt Financing

    Green Thumb Industries Inc. (“GTI” or the “Company”) (CSE:GTII) (GTBIF), a leading national cannabis consumer packaged goods company and owner of the retail chain Rise™, today announced the Company has closed on a USD $105 million Senior Secured non-brokered private placement financing through the issuance of senior secured notes (the “Notes”).  The Company intends to use the proceeds for general working capital purposes, various growth initiatives, as well as to retire the Company’s existing debt. “Strategic capital allocation is fundamental to the business and this financing strengthens our balance sheet at an attractive cost of capital for our business and shareholders,” said GTI Founder and CEO Ben Kovler.

  • GlobeNewswire

    Green Thumb Industries (GTI) Announces Rise Amherst Will Begin Adult Use Cannabis Sales on May 12

    CHICAGO and AMHERST, Mass., May 08, 2019 -- Green Thumb Industries Inc. (GTI) (CSE: GTII) (OTCQX: GTBIF), a leading national cannabis consumer packaged goods company and owner.

  • GlobeNewswire

    Green Thumb Industries (GTI) Founder and Chief Executive Officer Ben Kovler to Present at the Canaccord Genuity 3rd Annual Cannabis Conference on May 14, 2019

    CHICAGO and VANCOUVER, British Columbia, May 06, 2019 -- Green Thumb Industries Inc. (GTI) (CSE: GTII) (OTCQX: GTBIF), a leading national cannabis consumer packaged goods.