Magnolia Bakery is turning its most iconic desserts into cannabis edibles November 1, 2023 AggregatedNews Edibles & Infused Processors 0 Comments Magnolia Bakery’s famous banana pudding is being whipped up in a new version that triggers elation in a different kind of way. The New York City-based dessert maker is transforming some of its famous treats into THC-infused edibles, including its… Read More→
Chicago weed giant Cresco Labs claims in suit that competitor GTI poached a top-level employee August 2, 2023 AggregatedNews HR and Staffing, Multiple State Operators 0 Comments A lawsuit filed this week in Cook County court claims a Cresco chemist resigned in May and quickly joined GTI, in violation of a one-year non-compete agreement. Cresco Labs and Green Thumb Industries have been fierce rivals since Illinois issued… Read More→
Green Thumb revenue rises as more US states allow marijuana use May 4, 2023 AggregatedNews News & Insights 0 Comments May 3 (Reuters) - Green Thumb Industries Inc (GTII.CD) reported higher first-quarter sales on Wednesday, as customer traffic rose at the cannabis producer's retail stores after more U.S. states legalized the recreational use of marijuana. The company said its quarterly revenue grew… Read More→
Green Thumb sales surge on growing U.S. cannabis demand November 11, 2021 AggregatedNews News & Insights 0 Comments Nov 10 (Reuters) - U.S. cannabis producer Green Thumb Industries Inc's (GTII.CD) third-quarter revenue surged nearly 49% to beat estimates on Wednesday, thanks to more distribution channels and higher traffic at its retail stores. A record number of Americans took… Read More→
Chicago-based marijuana giant part of federal pay-to-play investigation March 30, 2021 AggregatedNews News & Insights 0 Comments A Chicago-based marijuana cultivator and dispenser that has rapidly grown into one of the nation’s biggest pot firms is under federal investigation for possible pay-to-play violations during its push for coveted state licenses, sources said. Investigators have been scrutinizing campaign… Read More→
Expanding MSOs Talk a Big Game—So Why Are We Still Waiting for National Cannabis Brands to Emerge? December 7, 2020 Joe Caltabiano Marketing, News & Insights, Spotlight 0 Comments We saw several M&As over the past few years that promised big things for cannabis, including the potential emergence of a national brand. These MSOs talked about being national players. Some were successful, but many failed to take decisive action to achieve this goal. We take a more in-depth look below at the key differences in successful approaches contrasted against other efforts. Read More→
Green Thumb Industries (GTI) Announces Fourth Quarter Revenue of $75.8 Million and Fourth Quarter Adjusted Operating EBITDA of $14.4 Million March 26, 2020 Press Release Banking, Finance & Real Estate 0 Comments PRESS RELEASE Full year revenue of $216.4 million Delivers on new store opening guidance for FY 2019 Kicks off 2020 with successful launch of Illinois adult-use cannabis market CHICAGO and VANCOUVER, British Columbia, March 26, 2020 (GLOBE NEWSWIRE) -- Green… Read More→
Multi-State Cannabis Company Green Thumb Industries (GTI) to Begin Trading on the Canadian Securities Exchange June 13 Under Ticker Symbol “GTII” June 12, 2018 Press Release Banking, Finance & Real Estate 0 Comments PRESS RELEASE Capital Allocation, Strategic Growth and Shareholder Value Remain Top Priorities Chicago, June 12, 2018 (GLOBE NEWSWIRE) -- Green Thumb Industries (“GTI”), a multi-state cannabis cultivator, dispensary operator and consumer packaged goods company that produces and distributes a portfolio… Read More→
Green Thumb Industries (GTI) Opens RISE Joppa, the First Medical Cannabis Dispensary in Harford County, on April 27 April 25, 2018 Press Release News & Insights, Press Releases, Retail 0 Comments PRESS RELEASE RISE Joppa Joins RISE Silver Spring and RISE Bethesda as Third GTI Dispensary in Maryland Chicago and Joppa, Md., April 25, 2018 (GLOBE NEWSWIRE) -- Green Thumb Industries (GTI), a national cannabis cultivator and dispensary operator dedicated to… Read More→
Green Thumb Industries (GTI) Named a Finalist for Crain’s Chicago Business Best Places to Work List March 27, 2018 Press Release On the Move 0 Comments PRESS RELEASE Company Expects to Double Workforce in 2018 By Adding 250 Jobs Chicago (March 26, 2018) – Green Thumb Industries (GTI), a national cannabis cultivator and dispensary operator dedicated to providing dignified access to safe and effective cannabis, has… Read More→
Green Thumb Industries (GTI) Named a Finalist for Crain’s Chicago Business Best Places to Work List March 26, 2018 Press Release On the Move, Press Releases 0 Comments PRESS RELEASE Company Expects to Double Workforce in 2018 By Adding 250 Jobs Chicago (March 26, 2018) – Green Thumb Industries (GTI), a national cannabis cultivator and dispensary operator dedicated to providing dignified access to safe and effective cannabis, has… Read More→