Latest In: Green Thumb Industries

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Cresco Labs closes $100 million raise, draws institutional investors to cannabis industry

Chicago-based marijuana firm Cresco Labs closed a $100 million funding round that attracted institutional investors, a notable milestone…

News October 5
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US cannabis listings in Canada rise as investor interest spikes

A record number of U.S.-based marijuana companies are turning to Canada to fund aggressive expansion in the United…

News September 7
Goldman Sachs Green Thumb Industries GTII Leon Cooperman Omega Adivsors Tilray TLRY

Earnings highlights: Hedge fund billionaire Leon Cooperman bets on cannabis; two firms deliver solid Q2 results

Share prices at cannabis firms Green Thumb Industries and Tilray are on the rise after solid second-quarter performances…

News August 30
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Illinois medical marijuana cultivation companies expanding facilities

Cannabis growers across Illinois are expanding operations, despite years of lower-than-expected demand in the state’s medical marijuana pilot…

News August 27
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CEO of multistate medical marijuana operator Green Thumb steps down

Peter Kadens, one of the more notable names in the U.S. cannabis industry, has stepped down as CEO…

News August 6
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Big hits: Cannabis companies on pace to raise record $8 billion in 2018

Marijuana companies across the globe are on pace to raise a record $8 billion by the end of…

News July 31
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Medical cannabis firm Green Thumb raising $60 million in Canada to grow US footprint

Illinois-based Green Thumb Industries is planning to expand in New York and Ohio after it closes a $60…

News July 17
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Cannabis boom or bust: How US firms could be affected by Canada’s adult-use market

It’s crunch time for Canada’s cannabis companies as they hustle to prepare for the October launch of the…

News July 12
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US marijuana company Green Thumb makes trading debut in Canada

Green Thumb Industries Wednesday joined the growing list of U.S. cannabis firms to go public in Canada’s booming…

News June 13
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