Professional
Added to YB: 2024-09-18
Pitch date: 2024-09-04
GTBIF [bullish]
Green Thumb Industries Inc.
-1.42%
current return
Author Info
No bio for this author
Company Info
Green Thumb Industries Inc. manufactures, distributes, markets, and sells of cannabis products for medical and adult-use in the United States.
Market Cap
CAD 1.4B
Pitch Price
CAD 9.84
Price Target
24.00 (+148%)
Dividend
N/A
EV/EBITDA
4.96
P/E
34.17
EV/Sales
1.43
Sector
Pharmaceuticals
Category
growth
Green Thumb Industries Inc.: With Its Attractive Footprint, Green Thumb Should Benefit From Growing US Legal Market Demand
GTBIF: Vertically integrated US cannabis co w/ 14-state presence. Focus on limited-license, large-pop states. No-moat due to regulation, brand & cost challenges. FVE $24. 11% rev CAGR, 35% EBITDA margin by 2033. Risks: federal legality, taxes, illicit market. Exemplary capital allocation. CEO owns 26%, controls 59% votes.
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