MSOS - Green Thumb: Strong Balance Sheet And Relative Downside Protection (Rating Upgrade)
2025-10-05 08:23:21 ET
Since it started trading in 2018, Green Thumb Industries ( GTBIF ) has stood out among its peers. The company, which was formed in 2014, is based in Chicago and operates in 14 states across the country. In Q2, it was the third largest MSO by revenue. Of those three largest MSOs, it has increased the least by far in price and has actually lagged the cannabis stock universe. I upgraded it from Sell to Hold in August, and today I am upgrading the stock, up just 4% year-to-date, to Buy....
Green Thumb: Strong Balance Sheet And Relative Downside Protection (Rating Upgrade)