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.
Green Thumb Industries
Did Illinois’s Weed Just Kick Cali’s Ash?
Illinois medical marijuana cultivator Green Thumb Industries is reporting that a recent batch of house cannabis strain Brownie Scout has tested at a whopping 37.5 percent total potential THC. All of the THC presents was in the form of THCa, with no Delta 9 THC detected. Samples of the strain were tested by ACT Laboratories, with results from the analysis released on May 5. … [Read more...] about Did Illinois’s Weed Just Kick Cali’s Ash?
Green Thumb Industries (GTI) Closes on Acquisition of Advanced Grow Labs LLC
https://www.youtube.com/watch?v=5mMfPFpVroU#action=share One of only four cultivation and processing facilities in Connecticut with a 41,000 square foot facility in West HavenIncludes ownership of first dispensary slated for Westport, ConnecticutPositioned for expansion to meet state’s growing demandAcquisition has attractive multiples and is accretive to … [Read more...] about Green Thumb Industries (GTI) Closes on Acquisition of Advanced Grow Labs LLC