Green Thumb Industries (CSE:GTII)
- Ticker 2:OTC:GTBIF
- CEO:Ben Kovler
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.
- Address:Suite 412, 325 West Huron Street, Chicago, IL 60654, USA
Green Thumb Industries (CSE:GTII) Financials
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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.
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.
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.