Marijuana multistate operator Green Thumb Industries is poised to repurchase as much as 5% of its outstanding subordinate voting shares over the course of a year. The Chicago-based MSO will spend up to $50 million on the share buybacks, at its discretion, according to a news release. The buybacks could start Sept. 11. However, Green Thumb management is not obligated to buy … [Read more...] about Marijuana MSO Green Thumb to spend up to $50 million on share buybacks
Green Thumb Industries
Why U.S. Marijuana Stocks Like Curaleaf and Green Thumb Tanked Yesterday.
Downbeat sentiment on stocks in general, and unhappy news concerning the pot industry specifically, make for a bummer of a Monday. What happened? Stocks seen to be more speculative and risky investments had a tough time of it in Monday's market swoon. Exhibit A: U.S. marijuana companies, who took it on the chin not only from a flight to perceived quality, but also due to a … [Read more...] about Why U.S. Marijuana Stocks Like Curaleaf and Green Thumb Tanked Yesterday.
