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Green Thumb Industries net income edges up, beats estimates

Green Thumb Industries net income edges up, beats estimates

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Green Thumb Industries Inc. GTII, +3.20% GTBIF, +0.68% said Tuesday its fourth-quarter net income rose to $22.81 million, or 10 cents a share, from $22.47 million, or 11 cents a share in the year-ago quarter. Sales rose by 37.4% to $243.6 million, from $177.2 million in the year-ago quarter as the cannabis company grew scale in its consumer packaged goods and retail businesses, particularly in Illinois and Pennsylvania.

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