
Green Thumb Industries (OTCQX:GTBIF) reported Thursday that its total revenue for Q3 2022 was $261.2 million was up 2.7% sequentially and up 11.8% from $233.7 million in the prior year period. The company noted that its revenue growth was primarily driven by increased retail sales in New Jersey, reflecting the legalization of adult-use cannabis, increased retail sales in Illinois, 12 additional retail locations versus third quarter last year, and increased traffic in the company’s 77 open and operating retail stores.