This US Cannabis Company Did What None Of Its Peers Could In Q1: Grow
In a quarter where most big U.S. cannabis companies flatlined, one actually grew: Green Thumb Industries Inc. (OTCQX:GTBIF).
The Chicago-based company reported $280 million in revenue for the quarter, a 1% increase over Q1 2024. According to a new report from Zuanic & Associates, no other operator in its peer group achieved positive growth during the same period. That makes GTI a notable outlier in a sector where revenue declines and flatlining were the norm.
Brand Strength And Sales Strategy
A key factor behind Green Thumb’s performance is its strong portfolio of in-house brands, which …