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Green Thumb Industries’ net income doubles

Green Thumb Industries' net income doubles

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Green Thumb Industries GTBIF, -2.68% GTII, -2.51% delivered mixed third-quarter results by matching revenue estimates but falling short on adjusted Ebitda, Benchmark analyst Mike Hickey said in a research note on Thursday. The Chicago and Vancouver-based cannabis company said it earned $20.2 million, or 8 cents a share, up from net income of $9.64 million, or 4 cents a share, in the year-ago quarter.

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