Green Thumb Industries ( (TSE:GTII) ) just unveiled an announcement.
On February 26, 2025, Green Thumb Industries reported its financial results for the fourth quarter and full year ended December 31, 2024. The company achieved a revenue of $294 million for the fourth quarter, marking a 6% increase from the previous year, and $1.1 billion for the full year, an 8% increase. Green Thumb opened ten new RISE Dispensaries in 2024, bringing the total to 101 locations nationwide. The company reported a GAAP net income of $13 million for the fourth quarter and $73 million for the full year, with adjusted EBITDA increasing by 14% year-over-year. The company emphasized its strong balance sheet and strategic capital allocation to support future growth.
More about Green Thumb Industries
Green Thumb Industries Inc. is a leading national cannabis consumer packaged goods company and owner of RISE Dispensaries. The company focuses on promoting well-being through cannabis and operates retail locations across the United States.
YTD Price Performance: -17.26%
Average Trading Volume: 481,703
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.59B
See more insights into GTII stock on TipRanks’ Stock Analysis page.