Professional
Added to YB: 2024-07-03
Pitch date: 2024-06-24
GTBIF [bullish]
Green Thumb Industries Inc.
-43.65%
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 1.3B
Pitch Price
CAD 12.60
Price Target
24.00 (+238%)
Dividend
N/A
EV/EBITDA
4.48
P/E
26.16
EV/Sales
1.41
Sector
Pharmaceuticals
Category
growth
Green Thumb Industries Inc.: Green Thumb's Growth Should Benefit From Easing Federal Prohibition and New State Legalizations
GTI: US cannabis leader in 14 states, 20 facilities, 92 dispensaries. High-teens US recreational growth, low single-digit medical. Focus on limited-license states. Faces tax/black market squeeze. No moat yet. FVE $24. 12% revenue CAGR through 2033. 36% EBITDA margin by 2033. Risks: federal laws, oversupply, illicit market. Exemplary capital allocation.
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