Green Thumb Industries Inc (GTBIF)

[cure627]

Thanks FUNMAN. Here is another great article regarding GTBIF. I really like everything about this company, from the high end stores, to the stellar management team, and everything in-between.

Green Thumb Industries (ticker: GTBIF) won an Outperform rating with a price target of $18.50. "GTI is our highest conviction Outperform among all the U.S. MSOs now under our coverage," the analysts wrote.
"While several of GTI's peers have been keenly focused on rapidly expanding their retail footprints to build dominant retail brands, GTI has taken a slower, but we think more thoughtful approach, by balancing revenue mix between wholesale and retail," they said.
The analysts also cited the company's brand portfolio, presence in high-growth markets, and strong management team.
The company reported adjusted operated earnings before interest, taxes, depreciation, and amortization of $4.7 million in the first half of 2019. The profit amounts to 6.4% of sales. "While many peers discuss the margin benefits associated with the effects of scaling operations, GTI is one of the few MSOs on track to post near-term results that support such assertions," the report said.