Added to YB: 2026-01-06
Pitch date: 2025-12-29
GTBIF [neutral]
Green Thumb Industries Inc.
-0.37%
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 1.9B
Pitch Price
CAD 10.80
Price Target
30.00 (+179%)
Dividend
N/A
EV/EBITDA
6.51
P/E
47.27
EV/Sales
1.88
Sector
Pharmaceuticals
Category
N/A
Green Thumb: Fairly Valued
GTBIF (fairly valued): Revenue +1.6% YoY but same-store sales -7.1%, gross margin fell 200bp, adj EBITDA -10.1%. Trades 46x TTM earnings, mid-teens on normalized (post-280E) basis. Author argues not cheap given declining fundamentals. $53M operating cash flow increase mainly from tax timing, not ops improvement.
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