Green Thumb Industries Inc.(OTC:GTBIF), a national cannabis consumer packaged goods company and owner ofRISE 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 revenue, Adjusted EBITDA of $94 million, and $20 million of cash flow from operations," saidBen Kovler, Green Thumb founder, chairman and CEO in a press release. He emphasized the company's robust market position and ongoing challenges with regulatory clarity.
Green Thumb presidentAnthony Georgiadispraised the company's focus on execution and product quality, contributing to their strong performance.