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Green Thumb Industries Inc C.GTII

Alternate Symbol(s):  GTBIF

Green Thumb Industries Inc. is a cannabis consumer packaged goods company. It is a retailer, which promotes well-being through the power of cannabis while giving back to the communities in which it serves. It has two segments: Retail and Consumer Packaged Goods. The Company owns, manufactures and distributes a portfolio of cannabis consumer packaged goods brands, including &Shine, Beboe, Dogwalkers, Doctor Solomons, Good Green, incredibles and RYTHM, to third-party retail stores across the United States, as well as to its own retail stores. It also owns and operates retail cannabis stores that include a national chain called RISE Dispensaries, as well as retail stores operating under other names. Its retail stores sell a combination of its products and third-party products. It operates in 14 United States markets, including California, Connecticut, Florida, Illinois, Maryland, Massachusetts, Minnesota, Nevada, New Jersey, New York, Ohio, Pennsylvania, Rhode Island and Virginia.


CSE:GTII - Post by User

Bullboard Posts
Post by BoldForbeson Feb 05, 2020 3:01pm
166 Views
Post# 30647585

GTBIF Estimates Lowered

GTBIF Estimates LoweredThe stock may gonr from a high of ~$10.50 US to today's ~$8.80 due to lower estimates.  This is a 16% correction (so far?)

2019  and 2020 earning projections both lowered by $0.03.  For 2020 earnings this is a 27% reduction in estimtes.

Estimate Revenues at $465.59M

I cannot remember whata Est Revenues were previously...I thought it was ~$500M

BF

https://finance.yahoo.com/quote/GTBIF/analysis?p=GTBIF
Bullboard Posts