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Cannabis Giant Green Thumb Secures $150M Credit Facility, 'Strengthens Our Already Clean Balance Sheet'
Thursday, September 12, 2024 - 9:57am | 710Green Thumb Industries Inc. (CSE:GTII) (OTCQX:GTBIF), the owner of RISE Dispensaries announced on Thursday it has closed on a $150 million 5-year syndicated credit facility led by Valley National Bank, the principal subsidiary of Valley National Bancorp. What Happened: The notes have a maturity...
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Rumors Of Green Thumb And Boston Beer Merger: What Investors Need to Know, Analyst Breaks It Down
Thursday, June 6, 2024 - 4:02pm | 797Green Thumb Industries (OTC: GTBIF) has expressed interest in merging with Boston Beer (NYSE: SAM), according to a recent report by Pablo Zuanic of Zuanic & Associates. What strategic advantages does this merger offer? How will this impact the profitability of both companies? Could this merger...
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Chicago Cannabis Company Green Thumb Proposes Merger With Boston Beer, Eyes Stock Listing
Tuesday, June 4, 2024 - 4:11pm | 662Chicago-based cannabis producer Green Thumb Industries (OTCQX:GTBIF) has raised eyebrows throughout the beverage and weed industries with a recent proposal to merge with Boston Beer Co. (NYSE:SAM), the iconic American brewer behind Sam Adams lager. Green Thumb Seeks Stock Exchange Listing Green...
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4 Disruptive Trends In The Alcohol Industry: What's On Tap For Anheuser Busch, Molson And Sam Adams?
Tuesday, November 19, 2019 - 5:31pm | 569New York City over the weekend hosted the Beer Marketer's Insights (BMI) conference with multiple themes discussed and management teams offering presentations. Bank of America analyst Bryan Spillane attended the event and offered multiple industry-wide and company specific takeaways. Disruptive...
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Sam Adams' Earnings Were 'Brewtal' And 'Falling Flat'
Friday, October 21, 2016 - 12:30pm | 402Are you ready for some beer-stock related puns? According to Gadfly's Tara Lachapelle, Boston Beer Company Inc (NYSE: SAM), the parent company behind the Sam Adams brand of beer, reported its third-quarter earnings results on Thursday, which were "brewtal" as its revenue is "falling flat." The...
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Boston Beer Drops After Q4 Earnings Miss
Tuesday, February 25, 2014 - 5:52pm | 317The Boston Beer Company< (NYSE: SAM) is down than five percent in after hours trading after the company announced its fourth quarter results. Famous for producing the Sam Adams brand, The Boston Beer Company reported a Q4 EPS of $1.33 versus the Street estimate of $1.49. Despite this earnings...
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The Boston Beer Company (SAM) Is “Brewing The American Dream”
Thursday, January 28, 2010 - 3:53pm | 120The Boston Beer Company (NYSE: SAM) launched its micro-lending initiative “Brewing The American Dream” in 2008. Talking with CNBC, the company’s founder and Chairman, Jim Koch shared his motivation behind the program. He said that he himself had launched his beer brewing business from his kitchen...