Finance
Hedge fund billionaire Leon Cooperman investing in marijuana
-
Hedge fund billionaire Leon Cooperman is a stockholder
in Green Thumb Industries, a publicly-traded marijuana
cultivator and dispensary operator. -
Cooperman confirmed to Business Insider he invested in
GTI personally, rather than through his firm, Omega
Advisors.
Hedge fund billionaire Leon Cooperman is investing in the
marijuana industry. He’s the biggest name so far to purchase
stock directly in a marijuana cultivator.
Cooperman posed a series of detailed questions to Green Thumb
Industries (GTI) CEO Ben Kovler during the company’s Q2 earnings
call on Tuesday afternoon. GTI is a publicly-traded
chain of marijuana dispensaries, cultivators, and distributors
with licenses to operate in a number
of states where marijuana is legal.
Following the call, Cooperman confirmed to Business Insider that
he is a stockholder in the company. …
Sponsored:
If you enjoyed reading this story so
far, why don’t you join Business Insider
PRIME? Business Insider provides visitors from MSN with a
special offer.
Simply
click here to claim your deal and get access to all exclusive
Business Insider PRIME benefits.
-
Entertainment6 days ago
‘Only Murders in the Building’ Season 4 ending explained: Who killed Sazz and why?
-
Entertainment5 days ago
When will we have 2024 election results online?
-
Entertainment7 days ago
5 Dyson Supersonic dupes worth the hype in 2024
-
Entertainment4 days ago
Halloween 2024: Weekend debates, obscure memes, and a legacy of racism
-
Entertainment6 days ago
Social media drives toxic fandom. Is there a solution?
-
Entertainment4 days ago
Is ‘The Substance’ streaming? How to watch at home
-
Entertainment4 days ago
M4 MacBook Pro vs. M3 MacBook Pro: What are the differences?
-
Entertainment3 days ago
‘A Real Pain’ review: Jesse Eisenberg and Kieran Culkin charm as odd-couple cousins