Green Thumb Industries Reports First Quarter 2023 Results
CHICAGO and VANCOUVER, British Columbia, May 03, 2023 (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 first quarter ended March 31, 2023.
- CHICAGO and VANCOUVER, British Columbia, May 03, 2023 (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 first quarter ended March 31, 2023.
- Adjusted EBITDA increased 14% to $76 million in the quarter, a greater than 300 basis point margin improvement to 30.7% year-over-year,” said Green Thumb Founder, Chairman and Chief Executive Officer Ben Kovler.
- Net income attributable to the Company for the first quarter 2023 was $9.1 million or $0.04 per basic and diluted share.
- Green Thumb will host a conference call on Wednesday, May 3, 2023 at 5:00 pm ET to discuss its first quarter financial results for the quarter ended March 31, 2023.