Green Thumb Stands to Gain as Grass Gets Greener for Weed

Enthusiasm for the cannabis business has revived in recent months, with signs that federal prohibitions may ease as states like Connecticut and New York prepare for recreational sales.

Green Thumb Industries


stands out among its peers with good positioning for those new states, plus something else that’s unusual for the sector: solid profit.

The Chicago-based chain continued to show us the money Wednesday night, when it reported 12% sales growth for the September quarter compared with the same time last year and a profit margin that widened sequentially from June’s.

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