Replies to post #359 on Green Thumb Industries Inc (GTBIF)

[Pennystomper55]

Thanks for your response, already in one kind of MJ play that Scott's owns about 70% of but looking to expand my footprint in the sector. Just starting my DD. Looking to find out how much the executives are being compensated and if they are gifting any chunks of shares or issuing themselves bonuses. So many of these MJ stocks are complete self enrichment schemes so treading very very carefully. Thanks again for your response, happy trading/investing ;P

[BpPatriot]

I don't think there will be raids anytime soon, practically every state now has some form of legalization, whether it be medical or recreational. More change continues to happen, I think it's only a matter of time for America. Having said that, the valuation is really your opinion. Their revenue was like 13.6M, with a current valuation of just over 2 Billion. I would say that's high. I'm a fan of buying in when they're sitting at a 1 Billion market cap personally. The deals were back in August when this thing was 6-7$. This IS and will be one of the big boys in America, in my opinion.