Wednesday, October 22, 2025

Green Thumb Enters Cannabis Infused Beverage Space Via Partnership

Green Thumb Industries (CSE: GTII) is taking a run at the cannabis infused beverage category. The company this morning announced that it has entered into an exclusive partnership with Cann, the leading cannabis beverage brand in California.

The arrangement will see the manufacture and distribution of Cann’s cannabis infused beverage product lines by Green Thumb beginning in the state of Illinois this spring. The arrangement is then to expand to additional markets nationally, including the recently opened market of New Jersey.

Cann currently sells three varieties of cannabis infused beverages, which are sold in 6 packs of 8 ounce cans. The beverages are made of all natural juice, herbs, and microdoses of CBD and THC that are meant to be akin to a glass of wine or a light beer in terms of strength of the drink.

The move into cannabis beverages reportedly follows strong growth in the cannabis subsector, with beverages growing four times faster in the state of California than total cannabis market sales over the course of 2020.

Financial aspects of the transaction were not disclosed.

Green Thumb Industries last traded at $44.74 on the CSE.


Information for this briefing was found via Sedar and the companies mentioned. The author has no securities or affiliations related to this organization unless otherwise mentioned. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

When 4% of Global Copper Disappears Overnight | David Gower – Emerita Resources

Mining M&A: Gold X2 Acquires Kesselrun Resources

They Said Oil Was Dead. They Were Wrong. | Michael Judson – Record Resources

Recommended

Steadright Enters MOU To Acquire Historic Goundafa Polymetallic Mine In Morocco

Military Seizes Power in Madagascar After President Flees

Related News

US Cannabis: Earnings Preview For The Oncoming Fourth Quarter Results

March is turning out to be a busy month in public cannabis, with many of...

Monday, March 8, 2021, 04:10:00 PM

Green Thumb: Fourth Quarter Analyst Consensus Estimates

Green Thumb Industries (CSE: GTII) announced that they will be reporting their fourth quarter and...

Saturday, March 13, 2021, 02:41:00 PM

Week Ahead: U.S Cannabis Earnings Expectations For CRON, CURA, IIPR And More

Cannabis investors are facing a harsh 2023 as shares of the largest U.S cannabis companies...

Sunday, February 26, 2023, 01:28:00 PM

Green Thumb: Analyst Consensus Estimates For Q3 2021

Green Thumb Industries (CSE: GTII) announced that they will be reporting their third quarter financials...

Wednesday, November 10, 2021, 12:48:40 PM

Green Thumb Acquires Last Private Virginia Operator For Undisclosed Amount

Green Thumb Industires (CSE: GTII) has entered the Virginia cannabis market. The company this morning...

Monday, May 3, 2021, 08:19:04 AM