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Green Thumb Industries (GTII) is currently facing significant challenges, as highlighted by recent expert reviews. The company is experiencing continued negative stock momentum, with notable concerns over its financial performance, including projected earnings per share (EPS) expected to be lower than in 2021 due to limited growth opportunities. Additionally, while some insider buying indicates potential confidence from insiders, the broader sector remains troubled, and the stock's downward trajectory has been marked by a 14% decline in January alone. Experts believe that favorable changes in US legislation could provide much-needed support for the cannabis sector, but such developments appear to be a long way off, failing to instill optimism for the stock in the near term.
Green Thumb Industries is a OTC stock, trading under the symbol GTII-CSE on the (). It is usually referred to as or GTII-CSE
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.
Green Thumb Industries was recommended as a Top Pick by on . Read the latest stock experts ratings for Green Thumb Industries.
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.
1 stock analyst on Stockchase covered Green Thumb Industries In the last year. It is a trending stock that is worth watching.
On , Green Thumb Industries (GTII-CSE) stock closed at a price of $.
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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