Green Thumb Industries Archives

StaffMay 3, 2021

Green Thumb Industries Inc. (GTI) (OTCQX: GTBIF) is buying Virginia-based Dharma Pharmaceuticals LLC for an undisclosed amount. the acquisition is expected to close in the second half of 2021. Dharma was the first operator to provide medical products to Virginia’s patients in 2020 and is strategically positioned to scale in the emerging adult-use market. Last […]

Debra BorchardtMarch 31, 2021

Earlier this week, the Chicago Tribune ran a story alleging that cannabis company Green Thumb Industries Inc. (OTCQX: GTBIF) was under federal investigation for possible pay-to-play violations during its push for coveted state licenses. The article cited an unnamed source. The story claimed that investigators were looking into campaign donations as the company was seeking […]

Debra BorchardtFebruary 9, 2021

Green Thumb Industries Inc. (OTCQX: GTBIF) filed a Form S-1 registration statement to sell up to 10 million of its subordinate voting shares. Shortly following becoming effective, Green Thumb said it received and accepted an offer from a single institutional investor to purchase approximately 3.1 million registered subordinate voting shares at $32.03 per share for […]

William SumnerAugust 28, 2019

It’s time for your Daily Hit of cannabis financial news for August 28, 2019. On the Site SLANG Worldwide SLANG Worldwide Inc. (CNSX: SLNG) delivered its financial results in Canadian dollars for the second quarter ending June 30, 2019, with revenue increased sequentially by 44% to $7.2 million and a big jump over last year’s […]

Debra BorchardtAugust 28, 2019

Green Thumb Industries Inc. (CSE: GTII) (OTCQX: GTBIF) reported that its second-quarter revenue increased 228% to $44.7 million for the period ending June 30, 2019, over last year’s $13.6 million. Revenue grew 60% over the first quarter of 2019. The company said that the revenue growth was driven by organic growth across GTI’s consumer products […]

William SumnerJune 18, 2019

It’s time for your Daily Hit of cannabis financial news for June 18, 2019. On the Site Luxury Cannabis is Not Going Away Anytime Soon The world of cannabis is becoming more refined. When California first legalized medical cannabis in 1996, the only way one could purchase cannabis legally was through darkly-lit dispensaries with bars […]

StaffJune 18, 2019

Ben Kovler brings his extensive experience managing complex operating companies and his deep commitment to philanthropy as Founder, CEO and Chairman of Green Thumb Industries. Ben founded GTI in 2014 and has successfully grown it into a national cannabis consumer packaged goods company and retailer that manufactures and distributes a portfolio of branded cannabis products […]

William SumnerJune 6, 2019

Cresco Capital Partners (Cresco Capital) announced today that it has closed an oversubscribed fund of $60 million. Founded in 2014, Cresco Capital was one of the first and largest private equity firms to focus solely on the legal cannabis industry. Although the two names are similar, Cresco Capital is not connected to Cresco Labs (OTCMKTS: […]

William SumnerJune 5, 2019

It’s time for your Daily Hit of cannabis financial news for June 5, 2019. On the Site Free Advice For California’s Cannabis Tax Collection Everyone knows the maxim “Free advice is worth what you pay for it” There are, however, exceptions. Everyone knows a second maxim “The exception that proves the rule” In this article, […]

William SumnerMay 30, 2019

It’s time for your Daily Hit of cannabis financial news for May 30, 2019. On the Site The Economics of Cannabis and Women Led Businesses Women lead almost 30% of the businesses in cannabis and the opportunities are there. This group of distinguished women reviews the best sectors to build a business and how to […]

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Tag: Green Thumb Industries

Green Thumb Industries Has Captured Virginia

Green Thumb Industries Denies Investigation Claims

Green Thumb Industries Sells $100 Million of Stock To One Investor

The Daily Hit: August 28, 2019

Green Thumb Revenues Grow 228% to $44 Million

The Daily Hit: June 18, 2019

Executive Spotlight: Ben Kovler, CEO, Founder & Chairman of Green Thumb Industries (GTI)

Cresco Capital Partners Close $60 Million Oversubscribed Fund

The Daily Hit: June 5, 2019

The Daily Hit: May 30, 2019

The Daily Hit - TEST TEST TEST

Lykos Therapeutics Secures $100M in Series A Funding, Rebrands from MAPS PBC

Functional Mushrooms Move Into Mainstream as Wellness Trend Grows

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