Green Thumb Industries Has Hit a Rough Patch. Here's Why Its Best Days Could Be Ahead.
Green Thumb Industries (GTBIF) reported a 1.1% drop in comparable-store sales and a 4.9% decline in gross margin for Q2, with EBITDA falling to $53.1M from $69.1M. Revenue rose 4.6% to $306.7M. The company sees potential growth in Virginia and Texas, while benefiting from federal tax relief. It repurchased 7.9M shares at $6.11 each, with $283.6M in cash and $283M in debt.



