Replies to post #869 on Green Thumb Industries Inc (GTBIF)

[Clemdane]

Yes, I've bought GTBIF both times when it dipped below $9.

[FUNMAN]

GTI Workers Choose Teamsters Local 371
Cannabis Workers File for an Election at GTI Facility in Illinois

International Brotherhood Of Teamsters.
(PRNewsFoto/International Brotherhood of Teamsters)
NEWS PROVIDED BY
International Brotherhood of Teamsters
Nov 25, 2019, 16:21 ET

https://www.prnewswire.com/news-releases/gti-workers-choose-teamsters-local-371-300964901.html

ROCK ISLAND, Ill., Nov. 25, 2019 /PRNewswire/ -- Employees at Green Thumb Industries in Rock Island, Ill. filed for an election on Friday, Nov. 22 with the National Labor Relations Board.

Workers have been at odds with management at GTI, stating a loss in benefits and pay, among other ongoing issues. Workers, seeking representation by Teamsters Local 371, state that in a burgeoning industry they want to make sure they're protected and have a voice on the job, which is pivotal as the recreational market expands in Illinois.

"I want for us to set the standard for the state of Illinois for all cannabis workers to come, but most importantly I want us as employees to be protected," said Tonya Townsend, a supporter of the organizing efforts and a two-year employee at GTI.

"For months we've been listening to one unfulfilled promise after another. For all the essential work we do in a highly profitable industry, we should have more affordable healthcare, a solid retirement plan, and a voice and protection on the job," said Kyle Meyer, delivery driver at GTI.

An election date will be forthcoming.

Founded in 1903, the International Brotherhood of Teamsters represents 1.4 million hardworking men and women throughout the United States, Canada and Puerto Rico. Visit www.teamster.org for more information. Follow us on Twitter @Teamsters and "like" us on Facebook at www.facebook.com/teamsters.

Contact:
Ash Latimer, [phone]
[e-mail]

SOURCE International Brotherhood of Teamsters


Related Links
http://www.teamster.org

[FUNMAN]

LOL ... 4 Ways Cannabis Can Improve Your Holidays


By: Rudy Sanchez
November 28, 2019

A light dose of cannabis can make a family visit more tolerable while not inducing a noticeable or obvious high.

Holiday season is a time for festivities and coming together with friends and loved ones, but sometimes the holidays can be a source of stress, anxiety, and loss of sleep.

Cannabis can help ease some of the negative aspects of the festive winter months as well as make some of the positives even better. Here’s how.

Family Gatherings

Relatives can sometimes be difficult to be around for an extended period of time, especially when they insist on discussing controversial topics or create discomfort in some other way. A light to micro dose of cannabis can make the visit more tolerable while not inducing a noticeable or obvious high. Many edibles are now made in small dose servings, often in mint or chocolate form, that can be discreetly eaten throughout an evening for example, and won’t have your judgy aunt sarcastically asking you if you just got into a fight with a skunk.

Traveling

The days surrounding Thanksgiving are often the heaviest travel days, with Christmas and New Years also seeing lots of folks getting from point A to point B. Sometimes that sojourning means going long distances traversed via airplane, leading to potential jet lag. Marijuana is a popular sleep aid, and a toke session before it’s time to go to bed can provide the much needed slumber sought by weary and time-shifted travelers.

Feasting

Winter season is a time for parties and celebratory spreads of rich, indulgent food and beverages. Marijuana is known to both induce appetite as well as make food taste better. Sativa strains are particularly renowned for bringing on the munchies. A quick sesh before dinner can make your mama’s mac and cheese or your granny’s garlic mashed potatoes even tastier.


Unwinding

It’s important to take a break from the all festivities and the additional stress that they can bring. Taking a momentary time-out with a calming strain of weed can make the most out of brief moments of respite with a bowl, joint, or vape of a calming, relaxing strain of marijuana.

[FUNMAN]

This is a very exciting article ... thanks for the share

The Top 15 Cannabis Earners in Q3
Stephen L Kanaval
Monday, 02 December 2019 14:29 (EST)

https://www.equities.com/top-15-cannabis-earners-in-q3

[FUNMAN]

3 Best Marijuana Stocks in November -- Are They Buys Now?

Not every pot stock floundered in November. These three delivered solid double-digit percentage gains.

One bloggers opinion.

By: Keith Speights
Dec 3, 2019 at 5:50AM

https://www.fool.com/investing/2019/12/03/3-best-marijuana-stocks-in-november-are-they-buys.aspx

November is nothing but a memory now. For many cannabis-focused investors, that's a good thing. Most marijuana stocks again delivered dismal results last month.

But three marijuana stocks performed quite well in November. Curaleaf Holdings (OTC:CURLF), Trulieve Cannabis (OTC:TCNNF), and Green Thumb Industries (OTC:GTBIF) chalked up strong double-digit percentage gains. Here's how these three stocks succeeded while most of their peers floundered -- and whether they're smart picks to buy now.

1. Curaleaf

Shares of Curaleaf soared nearly 30% last month. The primary reason for the strong performance was the U.S.-based cannabis operator's really great third-quarter results.

Curaleaf reported all-time high revenue in Q3 of $61.8 million, up a whopping 189% year over year. Several factors fueled this impressive growth. The company's medical cannabis sales picked up in the important Florida and New York markets. Curaleaf also received a revenue boost from its acquisitions in Arizona and Maryland.

While those sizzling Q3 results served as the biggest catalyst for Curaleaf, the company also achieved several other key milestones in November that made investors happy. Early in the month, Curaleaf opened its first dispensary targeting Massachusetts' adult-use recreational marijuana market. The company also expanded its Florida operations, opening new medical cannabis dispensaries in Jensen Beach and Sarasota.

2. Trulieve

Trulieve wasn't too far behind Curaleaf, with its shares jumping 26% in November. And if you liked Curaleaf's Q3 update, you'll also like Trulieve's Q3 results, which my colleague Sean Williams referred to as "the best marijuana earnings report of the entire quarter."

While Trulieve posted impressive sales figures in the third quarter -- revenue skyrocketed 150% year over year and 22% quarter over quarter to $70.7 million -- the really great news for the company was on its bottom line. Trulieve reported Q3 net income of $60.3 million, with adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) of $36.9 million.

The company continues to dominate Florida's medical cannabis market. Trulieve recently became the first cannabis operator in the state to open its 40th dispensary. At the end of 2016, the company had only two medical cannabis dispensaries in Florida.


3. Green Thumb Industries

Green Thumb Industries (GTI) stock rose nearly 15% last month. Credit another strong quarterly performance as the main catalyst.

Of these three top marijuana stocks of November, GTI delivered the most impressive revenue growth. The company's Q3 sales soared 296% year over year and 52% quarter over quarter to $68 million. While GTI enjoyed solid organic growth, some of this big gain came from its acquisition of Integral Associates.

Unlike Trulieve, GTI didn't announce a profit in the third quarter. However, the company's bottom line trended in the right direction, with a Q3 net loss of $17.1 million and adjusted EBITDA of $14.1 million, both of which reflected improvement from the second quarter.

Are they buys?

In my view, one of these three November top performers is a great pick for aggressive investors. I'm referring to Trulieve Cannabis. As Florida's medical cannabis market matures, Trulieve is poised to be the biggest beneficiary.

I also think Green Thumb Industries should have plenty of room to run. It's on track to have close to 40 retail cannabis stores open by the end of this year. GTI's home state of Illinois launches its recreational marijuana market in January, which will almost certainly provide a big sales boost to the company.

What about the biggest November winner, Curaleaf? My main hesitation is that the company's acquisition of Select brand owner Cura Partners will lead to a substantial dilution in the value of existing shares. In addition, Curaleaf's shareholder lockup agreement allows a big block of shares to be sold at the end of each quarter through March 31, 2021. This could create downward pressure on the stock. I like Trulieve and GTI better, at least for now.