Green Thumb Industries Inc GTBIF

Primary Symbol: C.GTII

Healthcare Cannabis

Green Thumb Industries Inc. is a cannabis consumer packaged goods company. It is a retailer, which promotes well-being through the power of cannabis while giving back to the communities in which it serves. It has two segments: Retail and Consumer Packaged Goods. The Company owns, manufactures and distributes a portfolio of cannabis consumer packaged goods brands, including &Shine, Beboe, Dogwalkers, Doctor Solomons, Good Green, incredibles and RYTHM, to third-party retail stores across the United States, as well as to its own retail stores. It also owns and operates retail cannabis stores that include a national chain called RISE Dispensaries, as well as retail stores operating under other names. Its retail stores sell a combination of its products and third-party products. It operates in 14 United States markets, including California, Connecticut, Florida, Illinois, Maryland, Massachusetts, Minnesota, Nevada, New Jersey, New York, Ohio, Pennsylvania, Rhode Island and Virginia.

CSE:GTII - Post by User

Green Thumb Industries Inc

<< Previous

Bullboard Posts

Next >>

Post by dancheon Aug 04, 2023 10:46am

378 Views

Post# 35573208

3 Growth Stocks for Aggressive Investors to Buy and Hold

Our first growth stock for aggressive investors is Green Thumb GTII. Green Thumb produces and sells medicinal and recreational cannabis through wholesale and retail channels in the United States. It operates in 15 states with 18 production facilities, 77 stores, and seven brands. Green Thumb focuses on states with large populations and limited licenses, including Illinois, Massachusetts, New York, Florida, and Ohio. We don’t think the company has yet carved out significant competitive advantages, but we do think management has done an exemplary job with the balance sheet and the company’s growth strategy. What’s the biggest risk here? Mostly regulatory, in the pace and status of legalization of cannabis in the United States. We think shares are significantly undervalued, trading well below our fair value estimate.

https://www.morningstar.ca/ca/news/234658/3-growth-stocks-for-aggressive-investors-to-buy-and-hold.aspx

<< Previous

Bullboard Posts

Next >>

From now on, dynaCERT instead of Bitcoin or NVIDIA?