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GTBIF reported a 54% increase in second-quarter earnings. Net income rose to $20.7 million, beating estimates of 6 cents a share. Revenue increased to $280.15 million, exceeding analyst expectations. The company pays $50 million in taxes under the 280E provision. No clarity on cannabis rescheduling despite DEA's ongoing review.
- GTBIF reported a 54% increase in second-quarter earnings.
- Net income rose to $20.7 million, beating estimates of 6 cents a share.
- Revenue increased to $280.15 million, exceeding analyst expectations.
- The company pays $50 million in taxes under the 280E provision.
- No clarity on cannabis rescheduling despite DEA's ongoing review.
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