Green Thumb Industries (OTCMKTS:GTBIF) Shares Gap Down – Here’s What Happened

Green Thumb Industries Inc. (OTCMKTS:GTBIFGet Free Report)’s share price gapped down prior to trading on Friday . The stock had previously closed at $6.4470, but opened at $6.13. Green Thumb Industries shares last traded at $6.50, with a volume of 33,148 shares trading hands.

Green Thumb Industries Price Performance

The firm has a market capitalization of $1.36 billion, a P/E ratio of 13.65 and a beta of 1.15. The business’s 50-day moving average is $7.14 and its 200 day moving average is $7.40.

About Green Thumb Industries

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Green Thumb Industries is a diversified cannabis consumer packaged goods company and retailer with operations spanning cultivation, manufacturing and distribution. The company develops branded cannabis products across multiple formats, including dried flower, pre-rolls, oils, concentrates, edibles and vaporizers. Its product portfolio is marketed under well-known brand names tailored to the adult-use market, and the company works with licensed cultivators and partners to ensure consistent quality and compliance with state regulations.

In addition to its branded product lines, Green Thumb Industries maintains a network of wholly owned manufacturing facilities and distribution centers that supply its retail outlets as well as independent dispensaries.

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