Green Thumb Industries Is A Strong Buy After Dropping A Lot

2025-11-16 03:35:19 ET

I have been very cautious on cannabis stocks, but one that I like is Green Thumb Industries ( OTCQX:GTBIF ). When it was at $5.60 in April, I downgraded it from Hold to Sell as I downgraded AdvisorShares Pure US Cannabis ETF ( MSOS ) to Strong Sell. My timing proved to be very poor, as cannabis stocks started to take off in early July ahead of the mid-August Trump potential rescheduling news. After that news hit, I did something uncharacteristic for me and upgraded it on 8/22 to Hold (at $8.52 as of 8/21) as I initiated another stock at a Sell. While GTBIF has declined by 32.4%, the stock I recommended selling has declined by 58.6%....

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