Industry Overview - The U.S. cannabis industry generated over $33 billion in sales during 2024, making it one of the fastest-growing consumer sectors, with projections of annual sales surpassing $56 billion by 2030 [1] - Federal rescheduling efforts could ease tax burdens for cannabis companies, while more states are preparing adult-use legalization measures, increasing growth opportunities for multi-state operators [1][5] - The sector is characterized by volatility, necessitating careful evaluation of fundamentals and sector catalysts [1][12] Company Highlights Green Thumb Industries (OTC: GTBIF) - Green Thumb Industries operates over 100 dispensaries across 14 states, focusing on high-demand, limited-license markets, and has confirmed 108 locations with steady growth [3][5] - The company reported quarterly revenue of approximately $293 million in 2025, reflecting a year-over-year increase, with adjusted EBITDA around $83 million and operating cash flow of $56 million [4][5] - Green Thumb has a balance sheet with $177 million in cash, allowing for financial flexibility and continued investment [5] Glass House Brands (OTC: GLASF) - Glass House Brands focuses on California, managing 10 dispensaries and emphasizing large-scale greenhouse cultivation and efficient production [6][8] - The company reported second-quarter revenue of $59.9 million, an 11% year-over-year increase, with gross margins expanding to 53% and adjusted EBITDA of $18.1 million [8] - Cash reserves stood at $44.2 million, and cultivation volume reached 231,000 pounds during the quarter, with costs averaging $91 per pound [8] Cresco Labs (OTC: CRLBF) - Cresco Labs operates 71 Sunnyside dispensaries and focuses on both retail and wholesale, with significant brand development across various product categories [9][10] - The company posted revenue of $164 million in the second quarter of 2025, with an adjusted gross margin of 50.6% and adjusted EBITDA of approximately $41 million [11] - Cresco reported a net loss of $14 million, primarily from non-cash impairments, but has effectively controlled expenses, with selling, general, and administrative expenses at 31% of revenue [11] Investment Considerations - Investors are encouraged to apply technical analysis, monitoring support, resistance, and moving averages to improve timing in this volatile sector [12] - The upcoming catalysts, such as federal rescheduling and new state launches, make these three stocks—Green Thumb, Glass House, and Cresco—worth watching closely [12]

CHICAGO and VANCOUVER, British Columbia, Sept. 16, 2025 (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, announced that its board of directors authorized a $50 million share repurchase program. The repurchase program authorizes, pursuant to a normal course issuer bid, the repurchase of up to 10,364,640 of its subordinate voting shares (“shares”) from time to ...

Core Viewpoint - Green Thumb Industries Inc. has entered into significant transactions with Agrify Corporation, including the sale of certain consumer packaged goods brands, a licensing agreement, and a loan arrangement, indicating a strategic move to enhance its market position in the cannabis industry [1][2][5]. Group 1: Transactions Overview - The company sold all equity interests in VCP IP Holdings, LLC to Agrify for a cash consideration of US$50 million, which includes brands such as RYTHM and Beboe [2]. - A Trademark and Recipe License Agreement was established, allowing Green Thumb to continue using certain intellectual property related to the brands, with a monthly license fee based on sales [3]. - The company extended a loan of US$45 million to Agrify, secured by a convertible note with a 10% annual interest rate, maturing on February 25, 2027 [5][6]. Group 2: Financial Details - The convertible note issued to Agrify will accrue interest payable in cash, shares, or pre-funded warrants, with a conversion price set at $29.475 per share [7]. - The note imposes customary covenants on Agrify, and in case of default, the interest rate will increase to 14% [6]. Group 3: Company Background - Green Thumb Industries is a leading national cannabis consumer packaged goods company, operating 20 manufacturing facilities and 108 retail stores across 14 U.S. markets, employing approximately 4,800 people [8].

CHICAGO and VANCOUVER, British Columbia, Aug. 06, 2025 (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 reported its financial results for the quarter ended June 30, 2025. Financial results are reported in accordance with U.S. generally accepted accounting principles ("GAAP"), and all currency is in U.S. dollars. Highlights for the second quarter ended ...

Core Viewpoint - Green Thumb Industries Inc. will release its second quarter 2025 financial results on August 6, 2025, after market close [1] Group 1: Financial Results Announcement - The financial results will be discussed in a conference call and audio webcast on August 6, 2025, at 5:00 p.m. Eastern Time [2] - Participants can pre-register for the live conference call through a provided link [3] Group 2: Company Overview - Green Thumb Industries is a national cannabis consumer packaged goods company and retailer, promoting well-being through cannabis [4] - The company manufactures and distributes a portfolio of branded cannabis products and operates RISE retail locations [4] - Green Thumb has 20 manufacturing facilities, 105 retail locations, and operates in 14 U.S. markets, employing approximately 4,900 people [4]

Core Viewpoint - Green Thumb Industries Inc. is hosting the third annual "The Miracle in Mundelein," a cannabis and music festival, on September 6 and 7, 2025, in Mundelein, Illinois, featuring legal on-site cannabis consumption and a diverse lineup of musical performances [2][3][7]. Event Details - The festival will take place across from RISE Dispensaries and will include performances from notable artists such as Damian "Jr. Gong" Marley, De La Soul, Umphrey's McGee, and Dark Star Orchestra [4][5][9]. - General admission and VIP tickets will be available starting June 6, 2025, with prices starting at $59 for single-day general admission and $313 for two-day VIP passes [8]. Cannabis Experience - Attendees can expect immersive experiences including dab bars and joint rolling stations featuring premium RYTHM products, as well as the Señorita THC Margarita Cabana Club [6][7]. - The event is strictly for individuals aged 21 and older, with cannabis available for purchase at RISE Dispensary Mundelein and on festival grounds [5][6]. Company Background - Green Thumb Industries is a national cannabis consumer packaged goods company that operates RISE Dispensaries and offers a range of branded cannabis products [9]. - The company has 20 manufacturing facilities and 104 retail locations across 14 U.S. markets, employing approximately 4,900 people [9].

Core Insights - Green Thumb Industries reported a total revenue of $280 million for Q1 2025, reflecting a 1.4% increase from the same period last year [5][9] - The company experienced a decrease in overall retail revenue by 2.5% compared to Q1 2024, primarily due to price compression in existing markets [5][6] - Adjusted EBITDA for the quarter was $85 million, representing 31% of revenue, down from $90.5 million or 32.8% of revenue in Q1 2024 [11][9] Financial Performance - Gross profit for Q1 2025 was $143.3 million, accounting for 51.3% of revenue, compared to $144.9 million or 52.5% of revenue in Q1 2024 [7][9] - Total selling, general, and administrative expenses increased to $100.8 million, or 36.1% of revenue, from $74.3 million or 26.9% of revenue in the prior year [8][9] - Net income attributable to the company was $8.3 million, or $0.04 per share, a decrease from $31.1 million, or $0.13 per share, in the prior year [10][26] Business Developments - The company opened two new RISE Dispensaries during the quarter, including locations in Nevada and Ohio [9][15] - Green Thumb is preparing for the launch of adult-use sales in Minnesota, expected to commence before the end of the year [4] - The company introduced the Bud Ball event in New York City, expanding its brand presence in the lifestyle segment [4] Balance Sheet and Liquidity - As of March 31, 2025, Green Thumb had $211 million in cash and cash equivalents, with total current assets of $444.9 million [13][27] - Total debt outstanding was $252.4 million, consisting of approximately $150 million in senior secured debt and $100 million in real estate mortgages [13] - The company repurchased approximately 160,000 Subordinate Voting Shares for about $1 million during the first quarter [14]

Core Insights - RISE Dispensaries, owned by Green Thumb Industries, is set to open its 22nd retail location in Florida and 104th nationwide on April 29, 2025 [1] - The new dispensary will offer a variety of cannabis products and will donate a portion of its profits to The Bridge 4 Veterans, a local community organization [1][2] Company Overview - Green Thumb Industries operates two production facilities in Florida, located in Ocala and Homestead, focusing on high-quality cultivation and manufacturing practices [3] - The company has expanded its retail presence to 104 locations across 14 U.S. markets since its inception in 2015, serving millions of patients and customers annually [5] Community Engagement - The opening of RISE Dispensary Ocala is expected to create additional job opportunities in the local community, building on nearly 100 jobs already provided by the cultivation facility [2] - The Bridge 4 Veterans, which supports veterans in securing permanent housing, has previously received donations from RISE for new store openings [2]