Green Thumb Industries Inc., a leading national cannabis consumer packaged goods company and owner of RISE Dispensaries, announced it received principal and cash interest payments related to a prior loan to Cansortium Inc. Following Cansortium’s recent financing, Green Thumb received approximately $23 million of principal plus 13% accrued interest, adding to its Q3 ending cash … [Read more...] about Green Thumb Industries Receives Repayments on Cansortium Loan
GTI
Green Thumb Cannabis Workers in New Jersey File Petition to Remove UFCW Union for 275 Employees
The National Right to Work Legal Defense Foundation—a nonprofit, charitable organization providing free legal aid to employees whose human or civil rights have been violated by compulsory unionism abuses—announced that Green Thumb Industries cannabis employees have filed a petition seeking an election to remove United Food and Commercial Workers (UFCW) Local 360 union … [Read more...] about Green Thumb Cannabis Workers in New Jersey File Petition to Remove UFCW Union for 275 Employees
Beboe Elevates New York’s Cannabis Scene with Premium, Socially-Dosed Edible and Vape Offerings
CHICAGO and VANCOUVER, British Columbia, July 25, 2024 (GLOBE NEWSWIRE) -- Green Thumb Industries Inc. (“Green Thumb” or the “Company”) (CSE: GTII) (OTCQX: GTBIF), a leading national cannabis consumer packaged goods company and owner of RISE Dispensaries, today announced the expansion of Beboe, its luxury cannabis brand created for those looking for a mindful and elevated … [Read more...] about Beboe Elevates New York’s Cannabis Scene with Premium, Socially-Dosed Edible and Vape Offerings
Green Thumb CEO Urges DEA to ‘Do Their Job’ for Cannabis Rescheduling
CHICAGO and VANCOUVER, British Columbia, Aug. 5, 2024 – PRESS RELEASE – Green Thumb Industries Inc., a leading national cannabis consumer packaged goods company and owner of RISE Dispensaries, reported its financial results for the quarter ended June 30, 2024. Financial results are reported in accordance with U.S. generally accepted accounting principles (GAAP) and all currency … [Read more...] about Green Thumb CEO Urges DEA to ‘Do Their Job’ for Cannabis Rescheduling
Cannabis MSO Green Thumb Seeks Merger with Sam Adams Brewer
The CEO of cannabis multistate operator Green Thumb Industries is pitching a merger between his company and Boston Beer Co., the manufacturer of the Samuel Adams family of brews. Green Thumb CEO Ben Kovler proposed the merger idea in a letter dated June 2 to Boston Beer chairman and founder Jim Koch, saying the move would benefit both companies. On June 4 Kovler shared the … [Read more...] about Cannabis MSO Green Thumb Seeks Merger with Sam Adams Brewer
New York gives eight medical marijuana companies the green light to go recreational
More than half a dozen New York medical cannabis companies can now sell recreational marijuana in the state. Sixwere granted a "registered organization dispensing" (ROD) license in December, with two more approved during a special meeting of the Cannabis Control Board earlier this month, including the Chicago-based Green Thumb Industries (GTI). Green Thumb entered New York’s … [Read more...] about New York gives eight medical marijuana companies the green light to go recreational
Green Thumb to Open RISE Dispensary Port Orange in Florida
RISE Dispensaries, a rapidly growing cannabis retail chain owned by Green Thumb Industries Inc., announced that RISE Dispensary Port Orange, the company’s 14th location in Florida and 90th nationwide, will open on Dec. 15. RISE Port Orange will host a patient appreciation event on Dec. 23, with profits from the day going toward M4MM (Minorities for Medical Marijuana). “We are … [Read more...] about Green Thumb to Open RISE Dispensary Port Orange in Florida
Green Thumb CEO Lambastes ‘Uncle Sam’ for Cannabis Listing as 70% Americans Support Legalization
Green Thumb Industries CEO Ben Kovler took a swing at the federal government during the company’s third quarter earnings call Nov. 8, the same day that a new poll showed a record number of Americans in support of cannabis legalization. Seventy percent of U.S. adults now favor federal cannabis reform, up 2% from a three-year flatline, according to a Gallup poll conducted Oct. … [Read more...] about Green Thumb CEO Lambastes ‘Uncle Sam’ for Cannabis Listing as 70% Americans Support Legalization
Green Thumb deal to sell medical marijuana at Florida gas stations on hold amid litigation
A novel deal unveiled more than five months ago by Green Thumb Industries (GTI) to lease space and open medical marijuana dispensaries adjacent to Circle K convenience stores in Florida has yet to win approval from state regulators and is now in litigation. The plan – which would allow motorists to pump gasoline at select Circle K convenience stores and purchase MMJ from an … [Read more...] about Green Thumb deal to sell medical marijuana at Florida gas stations on hold amid litigation
