You would think that the CEO of a U.S. cannabis company might cite Bob Marley or Jerry Garcia on a quarterly conference call with analysts, but Green Thumb Industries CEO Ben Kovler is not running his business like other pot companies. For one, Green Thumb Industries Inc.
GTII,
-3.54%
GTBIF,
-3.57%
stands out as one of the only profitable cannabis companies around after posting its second quarter in a row in the black on Tuesday.
And instead of mentioning spliff-smoking reggae stars or Grateful Dead icons, Kovler said he draws management inspiration from Berkshire Hathaway
BRK.A,
-1.41%
founder Warren Buffett. Kovler made an indirect reference to the Oracle of Omaha in his second-quarter call with analysts by saying that the “tide continues to recede” for the cannabis sector as the economy slows toward an expected recession in 2024. Warren Buffett famously sa …
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