Why is Green Thumb Industries Inc (OTC: GTBIF) "a good public cannabis company"?
Colin Campbell, Managing Director of Sharp Capital Advisors, shared his thesis on Benzinga Cannabis Insider.
"They actually have EBIDTA," he started.
An analysis of financial filings by Green Market Report showed that ten publicly traded multistate cannabis companies are carrying over $500 million in federal tax debts.
Minnesota-based Vireo Health International, Inc. (CNSX: VREO) (OTCQX: VREOF) is suing the state, arguing that a law hemp law is discriminatory toward producers of medical cannabis edibles, reported FOX 9 Minneapolis-St. Paul.
Wendy Berger has been a board member of Green Thumb Industries Inc. (OTC: GTII) since 2015 and is one of the pioneers among women leaders in the cannabis industry.
For the first time ever, the 15th edition of the Benzinga Cannabis Capital Conference, underway in Chicago September 13-14, presented a series of Benzinga Cannabis Awards.
Publicly traded cannabis companies have seen their stock prices plunge over the past year, with investor sentiment mainly dependent on news around federal cannabis legalization, Cantor Fitzgerald analyst Pablo Zuanic said in his recent note.
A bill that would prevent employers from sanctioning their workers who use recreational cannabis outside work hours got the green light from California lawmakers on Tuesday, reported ABC News.