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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

Post by Betteryear2on Sep 16, 2024 7:57am
36 Views
Post# 36225095

Green Thumb Industries $50 Million Share Repurchase Program

Green Thumb Industries $50 Million Share Repurchase ProgramCHICAGO and VANCOUVER, British Columbia, Sept. 16, 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 that its Board of Directors has authorized a $50 million share repurchase program. The repurchase program authorizes, pursuant to a normal course issuer bid, the repurchase of up to 10,573,860 of its Subordinate Voting Shares (“Shares”) from time to time over the next 12 months. Under the Company’s previous repurchase program that expired on September 10, 2024, Green Thumb repurchased 6.5 million shares for $73.3 million.

Green Thumb Industries Announces $50 Million Share (globenewswire.com)
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