Bullboard - Stock Discussion Forum Green Thumb Industries Inc C.GTII

Alternate Symbol(s): GTBIF

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... see more

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Green Thumb Industries Inc > BNN Coverage

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Post by retiredcf on Jul 07, 2021 11:08am

BNN Coverage

Jefferies bullish on U.S. pot stocks

Jefferies placed a buy rating on seven U.S. cannabis companies and expects federal legalization in 2026. BNN Bloomberg's David George-Cosh has more.

https://www.bnnbloomberg.ca/video/jefferies-bullish-on-u-s-pot-stocks~2236647

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Comment by retiredcf on Jul 07, 2021 1:15pm

There was a second BNN segment (not available yet) and the interesting additional point was that there is very little institutional investment in these companies in the US (only 4% vs 15% in Canada). So Jeffries figures that when the US institutions finally wake up to the potential in the sector, these stocks will really take off. GLTA

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Green Thumb Industries Inc