TCNNF - Better Buy: Green Thumb or Trulieve Stock?
2023-03-13 06:30:00 ET
Green Thumb Industries (OTC: GTBIF) and Trulieve Cannabis (OTC: TCNNF) are two of the most successful marijuana multi-state operators (MSOs) in the U.S. Each company managed more than $1 billion in sales in 2022 but also saw net income fall year over year.
Green Thumb's shares have performed better lately, down 5% so far this year and 45% over the past 12 months. Trulieve's shares are down more than 17% in 2023 and more than 66% over the past year. However, as we all know, past performance doesn't guarantee future results.
The two MSOs are likely to be two of the survivors in the industry, but if you're looking to invest in one pure-play cannabis growth stock, which one should it be? Let's see.
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Better Buy: Green Thumb or Trulieve Stock?