Green Thumb Industries (GTBIF) Reports 7.4% Revenue Growth in Q1

Green Thumb Industries (OTC: GTBIF) reported Q1 revenue of $300.2 million, reflecting a 7.4% year-over-year increase. The company generated $76 million in operating cash flow and $93.5 million in normalized EBITDA. Green Thumb ended the quarter with $344.5 million in cash and $289.9 million in total debt, and repurchased around 6 million shares for $33.3 million. This performance highlights the company's strong financial position, making it a notable option in a challenging cannabis market, especially as it successfully generates cash without excessive debt or shareholder dilution.