Green Thumb Industries Inc. rode a 37% rise in fourth-quarter sales to a slightly higher profit on Tuesday as the cannabis company continued spending to prepare for adult use sales in Virginia, New York and elsewhere. “The headline for the quarter is continued strong execution — it’s wonderfully boring,” CEO Ben Kovler told MarketWatch. Green Thumb Industries (GTBIF) (CA:GTII) reported net income of $22.81 million, or 10 cents a share in the three months ended Dec. 31, up slightly from $22.47 million, or 11 cents a share in the year-ago quarter. Read More...
Green Thumb Industries Inc. rode a 37% rise in fourth-quarter sales to a slightly higher profit on Tuesday as the cannabis company continued spending to prepare for adult use sales in Virginia, New York and elsewhere. “The headline for the quarter is continued strong execution — it’s wonderfully boring,” CEO Ben Kovler told MarketWatch. Green Thumb Industries (GTBIF) (CA:GTII) reported net income of $22.81 million, or 10 cents a share in the three months ended Dec. 31, up slightly from $22.47 million, or 11 cents a share in the year-ago quarter.
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