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Cannabis Watch: Green Thumb Industries rallies as profit doubles – Vested Daily

Cannabis Watch: Green Thumb Industries rallies as profit doubles

Green Thumb Industries Inc. managed to double its profit as it continues to scale up its legal cannabis business in the U.S., the company said.

Shares of Green Thumb Industries GTBIF CA:GTII rallied 13.7% on Thursday. The stock is up 1.2% so far this year, compared with a dip of 2.3% by the Cannabis ETF THCX.

CEO Ben Kovler told MarketWatch…

This post was originally published on Market Watch

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