Cannabis firm Green Thumb beats income estimate however posts loss on noncash impairment

Green Thumb Industries Inc. posted a fourth-quarter loss on noncash impairments however managed to beat its income goal because it constructed up its steadiness sheet regardless of headwinds within the sector.

Green Thumb’s GTBIF CA:GTII inventory rose 0.6% on Wednesday.

The firm late Tuesday mentioned it misplaced $51.22 million, or 22 cents a share, within the fourth quarter,…

Source web site: www.marketwatch.com

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