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Reuters
Green Thumb profit rises as U.S. pot demand grows
Green Thumb Industries Inc reported a surge in revenue and core profit on Wednesday, as increasing acceptance of marijuana in the United States helped one of the country’s largest weed producers attract more customers. “We now have a $25 billion legal (cannabis) industry and we think over the next several years, or a decade, it will be a $75 billion to $100 billion industry,” Green Thumb Chief Executive Officer Ben Kovler told Reuters. “We don’t see any other consumer industry with that kind of tailwind at all,” he said, calling the industry’s outlook “incredibly rosy”.
