UNITED CORPORATIONS LIMITED ANNOUNCES DIVIDENDS

Reuters

Green Thumb’s quarterly cannabis sales get New Jersey high

Green Thumb Industries Inc posted a more than 14% rise in second-quarter revenue on Wednesday, driven by healthy retail sales in New Jersey and Illinois. New Jersey doled out licenses for sale of recreational pot to existing medical cannabis operators, including Green Thumb, in April. Green Thumb, which operates dispensaries in Paterson and Bloomfield in New Jersey, said new store openings and strong adult-use sales from the state helped the company post revenue of $254.3 million in the quarter ended June, compared to $221.9 million a year earlier.

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