Curaleaf reported Q3 revenue of $320 million and a net loss of $54.5 million, reflecting both strength and ongoing financial strain across large multi-state cannabis operators. The results highlight the industry’s shift toward sustainable growth and disciplined risk management.

Green Thumb Industries (GTI) reported Q3 revenue of $291.4 million, net income of $23.3 million, and $74.1 million in cash flow from operations. The strong performance highlights the company’s disciplined growth strategy and financial stability amid industry headwinds.

A major settlement between multi-state cannabis operators resolves years of litigation tied to a failed $860 million acquisition. The case highlights how the industry’s early expansion mistakes still shape today’s market — and why risk management is essential for modern cannabis operators.