Green Thumb Industries (CSE:GTII)

  • Symbol:CSE:GTII
  • Ticker 2:OTC:GTBIF
  • Sector:Healthcare
  • Industry:Pharmaceutical
  • CEO:Ben Kovler
  • Founded:2014
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Green Thumb Industries (CSE:GTII) Stock Price

Green Thumb Industries (CSE:GTII) Company Overview

Founded in 2014, Chicago-based Green Thumb Industries (CNSX: GTII) is a vertically-integrated cannabis producer that operates in 11 US States, covering over 145 million Americans (45% of the population).

GTI is one of the larger US Multi-State Operators (MSO), and currently operates 14 dispensaries with licenses to open another 85. They have spent significantly in the past couple of months to grow their operations and US market reach.

GTI has both a retail and wholesale model. They operate their own dispensaries (under their RISE brand) and, in addition, wholesale their products to other dispensaries. This is particularly synergistic to their "big fish small pond" strategy in that there are only a limited number of stores in these "limited-states" and with a wholesale model, GTI gets to potentially supply them all.

Green Thumb Industries (CSE:GTII) Financials

More From Green Thumb Industries...

Green Thumb Industries Opens First Cannabis Store In Cleveland
Three US Cannabis MSOs to watch
Green Thumbs Industries Releases Rainbow Vape Pen for Pride Month
GTI Opens Another RISE Storefront in Latrobe
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Green Thumb Industries Acquires Integral Associates
Lift Off – CWEB, Cresco and Trulieve Rocket Ahead with Q1 2019 Results
Green Thumb Industries Achieves Record Quarter Over Quarter Growth
GTI Gains $105 Million in Non-Brokered Private Placement Financing
Pot Stocks – Bulls and Bears Week 8
Load More Results

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Management

Ben Kovler
Founder, CEO & Chairman
Ben founded GTI in 2014 and has successfully grown it into a national cannabis consumer packaged goods company and retailer that manufactures and distributes a portfolio of branded cannabis products including Rythm, Dogwalkers, The Feel Collection, and Beboe, among others. The company also owns and operates a rapidly growing national chain of retail cannabis stores called Rise.

Ben earned a Bachelor of Arts in philosophy, politics and economics from Pomona College and an M.B.A. in accounting and finance from The University of Chicago.
Armen Yemenidjian
President
Armen Yemenidjian began his career at Tropicana Hotel & Casino in Las Vegas in August 2009 in the Marketing Department, before subsequently moving to Casino Operations and Player Development. He served as Special Projects Manager and Director of Player Development before becoming Vice President of Casino Marketing and Operations. He was a member of the Tropicana Las Vegas Executive Committee as well as the Casino Credit and Compliance Committee.

After the sale of Tropicana in August 2015, Yemenidjian founded a number of companies in varying industries, including Armenco Capital, a commercial and residential real estate investment company, Armenco Restaurant Group, a franchisee of Jersey Mike’s in Las Vegas, and Integral Associates I & II, medical and recreational cannabis companies that own and operate three Essence Vegas dispensaries and two state-of-the-art cultivation and production facilities (dbas Desert Grown Farms and Cannabiotix NV).

He holds a Bachelor’s Degree in Business Administration from the University of Southern California.
Anthony Georgiadis
Director & Chief Financial Officer
Anthony Georgiadis is an investor and entrepreneur, having purchased a Florida-based manufacturing business in 2005 that he helped grow into one of North America’s largest manufacturers of wall décor.

Prior to this, Georgiadis worked as a principal investing associate for CIVC Partners, a $1.5 billion private equity firm, and as a M&A analyst for Bowles Hollowell Conner &Co. He graduated magna cum laude from Bucknell University with a degree in finance and a minor in mathematics.