Green Thumb Industries Inc. (GTBIF)
OTCQX OTCQX Primary Summary
GTBIF Chart
Green Thumb Industries Is A Strong Buy After Dropping A Lot
Green Thumb Industries (GTBIF) is upgraded to strong buy, due to its attractive valuation, strong balance sheet, and relative underperformance, versus peers. GTBIF reported Q3 revenue above expectations and maintains positive tangible book value, with lower tax liabilities and net debt than competitors. Despite insider selling and sector risks, GTBIF's downside appears limited, and potential catalysts include 280E tax reform and adult-use legalization in key states.
Green Thumb Industries Inc. (GTBIF) Q3 Earnings and Revenues Top Estimates
Green Thumb Industries Inc. (GTBIF) came out with quarterly earnings of $0.04 per share, beating the Zacks Consensus Estimate of $0.03 per share. This compares to earnings of $0.04 per share a year ago.
Here Are 2 Top Marijuana Stocks To Keep An Eye On Today
Top cannabis companies are all awaiting the end of marijuana prohibtion. There has been a continuous battle to legalize cannabis to some degree federally. Many cannabis companies have made changes to prepare for what is to come. Most global regions that have legalized cannabis are working to meet the increased need for more cannabis products. This becomes possible through expanding and working on strategic partnerships to keep up as the cannabis industry evolves.
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Green Thumb Industries Inc. Profile
| Health Care Equipment & Supplies Industry | Healthcare Sector | Mr. Hisashi Ietsugu CEO | OTCQX Exchange | CA39342L1085 ISIN |
| DE Country | 10,533 Employees | - Last Dividend | 7 Jan 2010 Last Split | - IPO Date |
Overview
Green Thumb Industries Inc. is a leading entity in the cannabis industry within the United States, focusing on the manufacturing, distribution, marketing, and sales of cannabis products. The company caters to both medical and adult-use markets and operates through two primary segments: Retail and Consumer Packaged Goods. Founded in 2014, with its headquarters in Chicago, Illinois, Green Thumb Industries has been at the forefront of expanding access to safe and effective cannabis products across the nation. The company's operations include not only the supply of cannabis flower and processed products but also the ownership and management of retail stores and direct-to-consumer delivery services. This integrated approach allows Green Thumb to maintain strict quality control, ensuring that consumers receive premium products tailored to a variety of needs and preferences.
Products and Services
- Cannabis Flower - The cornerstone of Green Thumb's product line, offering consumers the pure, unprocessed form of cannabis in its natural state.
- Processed and Packaged Products - This category includes:
- Pre-rolls - Convenient, ready-to-use cannabis cigarettes made from high-quality flower.
- Concentrates - Highly potent cannabis extracts designed for those seeking a more intense experience.
- Vapes - Portable, discreet vaporizers filled with cannabis oil, offering a cleaner alternative to smoking.
- Capsules - Cannabis-infused capsules, providing a precise dosage and an alternative consumption method for those averse to inhalation.
- Tinctures - Liquid cannabis extracts applied under the tongue, offering a rapid onset of effects.
- Edibles - A range of food items infused with cannabis, offering longer-lasting effects than other consumption methods.
- Topicals - Cannabis-infused creams, balms, and lotions applied directly to the skin for localized relief.
- Brands - Green Thumb's diverse product range is marketed under reputable brands such as &Shine, Beboe, Dogwalkers, Doctor Solomon's, Good Green, incredibles, and RHYTHM, each with its unique positioning and target audience.
- Retail Stores - Beyond manufacturing and distributing cannabis products, Green Thumb operates its own retail stores. These outlets not only enhance the visibility of its brands but also facilitate direct interactions with consumers, enabling the company to gather valuable feedback and adjust its product offerings accordingly.
- Direct-to-Consumer Delivery - Recognizing the growing demand for convenience, Green Thumb offers direct-to-consumer delivery services, ensuring that consumers can access its products with ease, thereby enhancing customer satisfaction and loyalty.
Contact Information
