GTBIF
The stock is showing technical signs of successfully forming a bullish base on MACD divergence, support hold, and trendline breakout.
Green Thumb Industries Inc (OTCMKTS:GTBIF) recently announced its financial results for the third quarter ended September 30, 2019. All currency is in U.S. dollars, unless noted otherwise.
According to the release, “Third quarter 2019 revenue increased 296% year-over-year to $68.0 million. Quarter-over-quarter revenue increased 52%. Topline results were driven both by organic growth across the Company’s consumer products and retail businesses as well as a full quarter of Integral Associates revenue.”
And the stock has been acting well over recent days, up something like 19% in that time.
Green Thumb Industries Inc (OTCMKTS:GTBIF) as a producer and distributor of cannabis products including flower, concentrates for dabbing and vaporizing, edibles, and topicals. The company markets its products through third party retailers. It also owns and operates a chain of 50 retail stores under the RISE dispensaries name. The company was founded in 2014 and is headquartered in Chicago, Illinois.
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