Green Thumb Industries (GTI) Announces Full Year 2018 Revenue of $62.5 Million, 278% Year-Over-Year Growth
Disciplined Capital Allocation Continues to Drive Strategy to Distribute Brands at Scale in 2019
- Fourth quarter revenue of $20.8 million, 21% sequential growth
- Full year adjusted EBITDA of $21.5 million and fourth quarter adjusted EBITDA of $12.4 million
CHICAGO and VANCOUVER, British Columbia, April 09, 2019 (GLOBE NEWSWIRE) — Green Thumb Industries Inc. (“GTI” or the “Company”) (CSE: GTII) (OTCQX: GTBIF), a leading national cannabis consumer packaged goods company and owner-operator of the high growth national retail chain Rise™, today reported its financial results for the fourth quarter and full year ended December 31, 2018. All currency is in U.S. dollars.
Fourth Quarter and Full Year 2018 Highlights
- Revenue: Total revenue for the fourth quarter of 2018 increased 237% year-over-year to