GTII CN

Green Thumb Industries Inc

Consumer, Industrial/Transportation


Presented:09/03/2020
Price:CA$17.96
Cap:$2.59B
Current Price:CA$14.22
Cap:$2.69B

Presented

Date09/03/2020
PriceCA$17.96
Market Cap$2.59B
Ent Value$2.41B
P/E RatioN/A
Book ValueCA$5.51
Div Yield0%
Shares O/S180.17M
Ave Daily Vol285,428
Short IntN/A

Current

PriceCA$14.22
Market Cap$2.69B
Green Thumb Industries, Inc. engages in the manufacture and distribution of branded cannabis products. It operates through the Consumer Packaged Goods and Retail segments. The company was founded by Benjamin Kovler on February 18, 2002 and is headquartered in Chicago, IL.

Publicly traded companies mentioned herein: Curaleaf Holdings Inc (CURA CN), Fund.com Inc (FNDM), Green Thumb Industries Inc (GTII CN)

Highlights

The presenter is long shares of Green Thumb Industries Inc (GTII CN), a U.S. multi-state cannabis operator. Although cannabis sales still largely occur on the black market, the product is the strongest growth story in CPG, with an estimated market size that rivals those of tobacco, beer, spirits, and wine in terms of scale. As more state governments warm to the idea of legalizing recreational cannabis, the presenter sees GTII as well positioned to benefit from the strategy and established presence where they are operating. 

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Idea Discussion

Commentor 1 - 2 weeks ago

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