Green Thumb Industries (OTC:GTBIF) Raised to Strong-Buy at Roth Capital

Green Thumb Industries (OTC:GTBIF) was upgraded by stock analysts at Roth Capital to a “strong-buy” rating in a research report issued on Sunday,Zacks.com reports.

A number of other research analysts also recently commented on the stock. Ventum Cap Mkts raised shares of Green Thumb Industries to a “strong-buy” rating in a report on Tuesday, August 6th. Craig Hallum raised shares of Green Thumb Industries to a “strong-buy” rating in a research report on Monday, September 16th.

Green Thumb Industries Price Performance

Shares of GTBIF stock opened at $7.80 on Friday. The business has a fifty day simple moving average of $10.26. Green Thumb Industries has a 52-week low of $7.50 and a 52-week high of $16.33. The stock has a market cap of $1.65 billion, a price-to-earnings ratio of 28.90 and a beta of 1.40.

About Green Thumb Industries

Green Thumb Industries Inc manufactures, distributes, markets, and sells of cannabis products for medical and adult-use in the United States. It operates through two segments, Retail and Consumer Packaged Goods. The company offers cannabis flower; processed and packaged products, including pre-rolls, concentrates, vapes, capsules, tinctures, edibles, topicals, and other cannabis-related products under the &Shine, Beboe, Dogwalkers, Doctor Solomon’s, Good Green, incredibles, and RHYTHM brands.