Ben Kovler

Stocks in the cannabis sector notched notable gains on Thursday, according to Benzinga Pro data, with Cronos Group (NASDAQ:CRON) up 3.82%, Verano Holdings (OTC:VRNOF) up 1.11%, Trulieve (OTC:TCNNF) up 3.37% and Green Thumb Industries (OTC:GTBIF) up 2.08%, following their respective earnings reports...

Cansortium Inc. (CSE:TIUM) (OTCQB:CNTMF) announced on Tuesday that it has secured a new senior secured credit agreement of up to $96.5 million with Chicago Atlantic Admin, LLC, as an administrative agent for certain lenders. The Tampa, Florida-based vertically integrated cannabis company operating...

Agrify Corporation (NASDAQ:AGFY), a cannabis and hemp solutions provider, reported its third quarter 2024 financial results Thursday, revealing a $1.9 million revenue, down from $3.1 million a year ago. The company posted a net loss of $18.6 million, largely driven by a $15 million change in the...

Green Thumb Industries Inc. (OTC:GTBIF) (CSE:GTII), a cannabis consumer packaged goods company with headquarters in Chicago and owner of RISE Dispensaries, announced its financial results Thursday for the third quarter ended September 30, 2024. Q3 2024 Financial Highlights Revenue reached $287...

Green Thumb Industries Inc. (CSE:GTII) (OTCQX:GTBIF), the owner of RISE Dispensaries, announced a $50 million share repurchase program on Monday. What Happened: The company's board of directors approved the repurchase of up to 10,573,860 of its subordinate voting shares from time to time over the...

Green Thumb Industries Inc. (CSE:GTII) (OTCQX:GTBIF), the owner of RISE Dispensaries announced on Thursday it has closed on a $150 million 5-year syndicated credit facility led by Valley National Bank, the principal subsidiary of Valley National Bancorp. What Happened: The notes have a maturity...

Green Thumb Industries Inc. (OTC: GTBIF), a national cannabis consumer packaged goods company and owner of RISE Dispensaries, announced its financial results for the second quarter ended June 30, 2024. "In the second quarter, our team delivered impressive results including $280 million in...

Green Thumb Industries (OTC: GTBIF) has expressed interest in merging with Boston Beer (NYSE: SAM), according to a recent report by Pablo Zuanic of Zuanic & Associates. What strategic advantages does this merger offer? How will this impact the profitability of both companies? Could this merger...

Chicago-based cannabis producer Green Thumb Industries (OTCQX:GTBIF) has raised eyebrows throughout the beverage and weed industries with a recent proposal to merge with Boston Beer Co. (NYSE:SAM), the iconic American brewer behind Sam Adams lager. Green Thumb Seeks Stock Exchange Listing Green...

Green Thumb Industries (CSE:GTII) (OTCQX:GTBIF), a national cannabis consumer packaged goods company and owner of RISE Dispensaries, reported its financial results Wednesday afternoon for the first quarter ended March 31, 2024. Highlights for the first quarter ended March 31, 2024: First quarter...

Green Thumb Industries Inc. (CSE: GTII) (OTCQX: GTBIF), a leading national cannabis consumer packaged goods company and owner of RISE Dispensaries, announced its Q3 2023 financial results, which ended September 30, 2023. Report Highlights Net Loss: In the third quarter of 2023, Green...

Legal Fees Denied in Edible Arrangements Name Dispute Green Thumb Industries (OTC: GTBIF) faces financial turbulence as it battles for the name "Incredibles." Edible Arrangements, known for its fruit baskets, expanded into edible CBD products under "Incredible Edibles," reported...

Green Thumb Strengthens Board Of Directors Green Thumb Industries Inc. (CSE: GTII) (OTCQX: GTBIF), a cannabis company behind RISE Dispensaries, announced recently that Richard Reisin and Hannah (Buchan) Ross agreed to serve on its board of directors as independent members. Reisin will serve on the...

Green Thumb Industries Inc. (CSE: GTII) (OTCQX: GTBIF), the owner of RISE Dispensaries, announced on Tuesday that it has been given the green light for the repurchase pursuant to a normal course issuer bid of up to 10,486,951 of its subordinate voting shares from time to time over 12 months. The...

Four major medical marijuana retailers in New York sent a letter to Gov. Kathy Hochul urging her to give them licenses to sell adult-use cannabis as court injunctions continue to block licensing activity in the state. The letter points to the thousands...