ACRGF - Green Thumb: Firing On All Cylinders Again
Welcome to our Cannabis Earnings series where we break down the latest earnings to help you focus on the most important topics.
Introduction
Green Thumb Industries (OTCQX:GTBIF) has done it again. The company reported impressive Q3 results while firing on all cylinders. The stock is trading in-line with peers with room for further multiple expansion. We think the consistent track record of GTI deserves a premium compared to most peers. If it could produce consecutive quarters of profitability and positive cash flow in 2020, we think the market will reward the stock with