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Benzinga
Benzinga
Business
Vuk Zdinjak

Green Thumb Industries Q3 Revenue Grows 11.8% YoY Driven By Retail Sales In New Jersey

Green Thumb New Jersey Green Thumb Industries Inc Circle K

Green Thumb Industries Inc. (OTCQX:GTBIF) (CSE:GTII) total revenue for the third quarter of 2022 was $261.2 million, up 2.7% sequentially and up 11.8% from $233.7 million in the prior year period. 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.

Q3 2022 Financial Highlights

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