Green Thumb Industries Inc (GTBIF) Expands Independent Governance with Appointment of Swati Mylavarapu to Board of Directors streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
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NEW YORK, April 8, 2021 /PRNewswire/ Pomerantz LLP is investigating claims on behalf of investors of
Green Thumb Industries, Inc. ( Green Thumb or the Company ) (OTCMKTS: GTBIF). Such investors are advised to contact Robert S. Willoughby at [email protected] or 888-476-6529, ext. 7980.
The investigation concerns whether Green Thumb and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
After the markets closed on March 29, 2021, the
Chicago Tribune reported that Green Thumb is under federal investigation for possible pay-to-play violations during its push to gain coveted growing and distribution licenses in Illinois and several other states. According to the
Green Thumb Industries Inc (OTC: GTBIF) (CSE: GTII) has entered New York via the acquisition of Fiorello Pharmaceuticals.
This purchase gives the company access to one of only 10 vertically integrated licenses in the state.
The deal includes a license for a cultivation and processing facility, as. Read More. Don t Miss Any Updates! News Directly in Your Inbox Subscribe to:
Green Thumb Industries Inc (OTCQX: GTBIF) (CSE:GTII) to build a marijuana cultivation and manufacturing facility.
Green Thumb plans to buy the remaining eight lots, covering around 40 acres, at the Warwick Valley Office and Technology Corporate Park to construct a state-of-the-art cultivation and manufacturing facility.
With the new manufacturing operation, the multistate operator plans to hire around 125 full-time employees with full benefits.
The incentives approved by the agency include “sales and use tax exemption, mortgage recording tax exemption, a 15-year property tax abatement and the issuance of taxable revenue bonds,” per the report.
“We are thrilled to help bring Green Thumb to Orange County, along with 125 good-paying permanent jobs, hundreds of construction jobs and $50 million in capital investment in the first phase alone,” according to the county agency.
Don t miss your chance to participate in Chicago s investable ideas conference benefiting local children.
Noted for being the city s “premiere investable ideas event,” Invest For Kids is scheduled to take place on November 9 at the Harris Theater in downtown Chicago. Created with the goal of. Read More. Don t Miss Any Updates! News Directly in Your Inbox Subscribe to: