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Benzinga

Business

Jelena Martinovic

Green Thumb Industries Analyst On Q1 Earnings: Cannabis Grower Has Enough Cash To Fuel Growth

Green Thumb Industries GTI Pablo Zuanic Green Thumb Industries Inc

Green Thumb Industries Inc. (OTCQX:GTBIF) (CSE:GTII) reported its financial results for the first quarter on Wednesday, revealing a 25% year-over-year increase in revenue to $243 million.

The main catalysts for the annual sales growth are increased distribution and the addition of 20 new stores, according to the cannabis company.

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