Green Thumb Industries (GTII-CSE) Buy, Sell…

Green Thumb Industries (GTII-CSE)

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DON'T BUY

Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

With continued negative stock momentum, some debt, and not a lot of growth expected (estimated EPS this year less than 2021) it is hard to get too excited about GTII. There has been some insider buying which is a good sign, but the sector continues to struggle and the stock is down another 14% in January alone. US legislation would certainly help but seems a long time coming. We would not have a lot of interest here.
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TOP PICK

It has one of the strongest teams, some of the strongest assets and some of the strongest markets in the cannabis sector. The stock is recovering now with the underlying business continuing to grow. Some of the institutional managers could come back. It is possible for a glut in Cannabis in the U.S. as well as the one already in Canada but some states have limited licenses which is good for companies in those areas. Buy 22, Hold 0. Sell 0 (Analysts’ price target is $30.77)

TOP PICK

Low interest in cannabis sector indicator on potential for investment returns going forward. Expanding across USA and Canada. Healthy balance sheet with good amount of cash. Regulation expected for cannabis which will help business.

WATCH

Allan Tong’s Discover Picks GTII had a rough Q1 earlier this year as operating EBITDA margin slid to 28%, though it recovered to 31% in Q2. Q1 also saw a 6% slide in comparable sales as inflation corroded any gains. In Q2, though, revenues climbed 5% and stabilized. Q1 same-store sales fell 6%. To be fair, the market sell-off has been particularly unkind to cannabis stocks. Curaleaf is the better buy here, but in the ever-changing world of weed, GTII is worth keeping on your watch list. Read 3 Cannabis Stocks to go Higher for our full analysis.

BUY

The rare American cannabis stock, mostly in medical marijuana. They report Wednesday and he expects positive results. Be careful though, because cannabis stocks are way up now, overbought. If Biden wins, thought, it will be a tailwind for the US cannabis industry.

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Green Thumb Industries (GTII-CSE) Frequently Asked Questions

What is Green Thumb Industries stock symbol?

Green Thumb Industries is a OTC stock, trading under the symbol GTII-CSE on the undefined (undefined). It is usually referred to as or GTII-CSE

Is Green Thumb Industries a buy or a sell?

In the last year, no analyst issued a Buy, Sell, or Hold rating on GTII-CSE on Stockchase. Read the latest expert commentary for Green Thumb Industries.

Is Green Thumb Industries a good investment or a top pick?

Green Thumb Industries was recommended as a Top Pick by Jim Cramer - Mad Money on 2020-11-06. Read the latest stock experts ratings for Green Thumb Industries.

Why is Green Thumb Industries stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for Green Thumb Industries.

Is Green Thumb Industries worth watching?

Green Thumb Industries is followed by 26 investors on Stockchase and is a trending stock that is worth watching.

Most Recent Experts

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Stephen Weiss, Founder, Short Hills Capital Partners

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Rob Sechan, Managing Partner, New Edge Capital

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Green Thumb Industries (GTII-CSE)