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    Howard Penny

    Research Analyst at Hedgeye Risk Management

    Howard Penny's questions to Green Thumb Industries (GTBIF) leadership

    Howard Penny's questions to Green Thumb Industries (GTBIF) leadership • Q2 2022

    Question

    Howard Penny of Hedgeye asked for an expansion on management's comments about having "less hope" for the New York market in the near term.

    Answer

    CFO Anthony Georgiadis explained that a complex and slow regulatory rollout, a different program structure, and a rampant, unenforced illicit market have collectively tempered the company's near-term expectations for New York.

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