GTBIF - 1 Stock That Could Become a Cannabis Powerhouse
There is a vast disconnect between the performance of cannabis companies and their stock prices. Even though most pot companies are doing exceptionally well, their stock prices are not reflecting the same. It is mostly driven by the market sentiment related to federal legalization. Lack of positive movement toward federal reforms last year led to a market sell-off of cannabis stocks. But keep that aside for a moment, and you will see companies with strong financials and high growth prospects that can bring in some bountiful returns over the long haul.
One such company is Illinois-based Green Thumb Industries (OTC: GTBIF) which reported its fourth-quarter 2021 results on March 1. It was a strong end to the year. Let's dig into the quarterly results and analyze why this could be one of the best cannabis stocks to buy now.
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1 Stock That Could Become a Cannabis Powerhouse