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Tag Archive: Green Thumb

Green Thumb Reaches $1 Billion In Sales In 2022

Chicago, Illinois-based Green Thumb Industries surpassed the billion-dollar mark in revenue last year, even as growth slowed in the fourth quarter. Continue reading →

Posted in News on March 7, 2023

Cannabis Industry M&A Could Heat Up This Year

Cannabis merger and acquisition activity could increase this year, market research group BDSA predicts, owing to ongoing price compression and competition from the illicit market. Continue reading →

Posted in News on February 7, 2023

Green Thumb’s Revenues Rise 17% Year-To-Date

Illinois-based multistate operator Green Thumb Industries saw revenues increase 17% to $758 million in the nine months through September, marking the first three quarters of the company’s fiscal year. Continue reading →

Posted in News on November 8, 2022

Green Thumb Boosted By New Jersey Legalization, Illinois Retail Expansion

Chicago-based Green Thumb Industries saw revenue rise 4.8% sequentially to reach $254.3 million in its fiscal second quarter ending in June. Continue reading →

Posted in News on August 9, 2022

New Jersey To Kick Off Recreational Cannabis Sales Thursday

Just a day late, New Jersey governor Phil Murphy announced that recreational cannabis sales will begin this week on April 21, the day after the unofficial cannabis holiday 4/20. Continue reading →

Posted in News on April 19, 2022

Green Thumb, Cresco Show Sales Jumps, Expect More Gains Ahead

The Midwest’s two biggest cannabis producers, Green Thumb Industries (GTI) and Cresco Labs, both based out of Chicago, reported earnings in recent days that reflect the record-setting demand across some of their core markets. Continue reading →

Posted in News on August 17, 2021

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