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3 Cannabis Stocks to go Higher
Investor Insights

This summary was created by AI, based on 1 opinions in the last 12 months.

Green Thumb Industries (GTII) has been facing significant challenges in the current market environment, as reflected in its declining stock momentum and considerable drop in stock price throughout January. Analysts point to continued negative trends, with debt issues and an anticipated decline in earnings per share (EPS) compared to 2021. Though there are signs of insider buying, which can be interpreted as a positive signal, overall sentiment about GTII remains cautious due to the ongoing struggles within the cannabis sector. The prospect of beneficial US legislation is highlighted as a potential catalyst for improvement, but its implementation appears to be distant. As a result, investor interest in GTII seems limited at this time.

Consensus
Negative
Valuation
Overvalued
Similar
Cresco,CRLBF
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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agriculture
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)
agriculture
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.

agriculture
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.
agriculture
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.
agriculture
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Green Thumb Industries(GTII-CSE) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 1

Stockchase rating for Green Thumb Industries is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

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 (). It is usually referred to as or GTII-CSE

Is Green Thumb Industries a buy or a sell?

In the last year, 1 stock analyst published opinions about GTII-CSE. 0 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings 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 on . 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 help on deciding if you should buy, sell or hold the stock.

Is Green Thumb Industries worth watching?

1 stock analyst on Stockchase covered Green Thumb Industries In the last year. It is a trending stock that is worth watching.

What is Green Thumb Industries stock price?

On , Green Thumb Industries (GTII-CSE) stock closed at a price of $.