Cannabis Watch: Cannabis company Green Thumb beats revenue estimate but posts loss on noncash impairment

March 1, 2023

Green Thumb Industries Inc. posted a fourth-quarter loss on noncash impairments but managed to beat its revenue target as it built up its balance sheet despite headwinds in the sector.

Green Thumb’s GTBIF CA:GTII stock rose 0.6% on Wednesday.

The company late Tuesday said it lost $51.22 million, or 22 cents a share, in the fourth quarter,…

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