Business

Green Thumb Industries Reports First Quarter 2025 Results

CHICAGO and VANCOUVER, British Columbia, May 07, 2025 (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 quarter ended March 31, 2025. Financial results are reported in accordance with U.S. generally accepted accounting principles (“GAAP”) and all currency is in U.S. dollars. Highlights for the first qua

articleGreen Thumb Industries Inc.May 7, 202514/company/green-thumb-industries-inc/news/green-thumb-industries-reports-first-200200883
Green Thumb Industries Reports First Quarter 2025 Results

About this update from Green Thumb Industries Inc.

[{"type":"image","alt":"Green Thumb Industries","displaySize":"","headline":null,"caption":"Green Thumb Industries","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":82,"url":"https://media.zenfs.com/en/globenewswire.com/b56cc2b69552eb9664bf3906a84e8125"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/WKepbIj8JT0XgW_ltRlC9g--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTExNTtjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/b56cc2b69552eb9664bf3906a84e8125","width":300,"height":82}},"lazy":false},{"type":"text","content":"CHICAGO and VANCOUVER, British Columbia, May 07, 2025 (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 quarter ended March 31, 2025. Financial results are reported in accordance with U.S. generally accepted accounting principles (“GAAP”) and all currency is in U.S. dollars.","length":486,"tagName":"p"},{"type":"text","content":"Highlights for the first quarter ended March 31, 2025:","length":59,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Revenue of $280 million, an increase of 1% over the prior year period.","length":70,"tagName":"p"}]},{"val":[{"type":"text","content":"Cash flow from operations of $74 million.","length":41,"tagName":"p"}]},{"val":[{"type":"text","content":"Cash at quarter end totaled $211 million.","length":41,"tagName":"p"}]},{"val":[{"type":"text","content":"GAAP net income of $8 million or $0.04 per basic and diluted share.","length":67,"tagName":"p"}]},{"val":[{"type":"text","content":"Adjusted EBITDA of $85 million or 31% of revenue.","length":49,"tagName":"p"}]},{"val":[{"type":"text","content":"Opened two RISE Dispensaries: one in Nevada and one in Ohio.","length":60,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":328,"olType":false},{"type":"text","content":"See definitions and reconciliation of non-GAAP measures elsewhere in this release.","length":82,"tagName":"p"},{"type":"text","content":"Management Commentary","length":21,"tagName":"p"},{"type":"text","content":"“The Green Thumb team delivered a respectable quarter with revenue and Adjusted EBITDA of $280 million and $85 million, respectively, and cash flow from operati...

More updates from Green Thumb Industries Inc.

Green ThumbGAAPThe companyfinancial measuresCompany