Below is a note written by CEO Keith McCullough on why we're adding Green Thumb (GTBIF) to the LONG side of Investing Ideas today:
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Looking to buy something on red today? Our Cannabis Research Team recently added Green Thumb (GTBIF) to their Institutional Research Best Ideas Long list. Here's a brief excerpt from their notes: We are adding Green Thumb Industries (GTII) to the Hedgeye Cannabis Best Ideas list as a LONG. It’s clear 2019 is full of potential catalyst for the cannabis industry, in particular for the U.S. operators. From particular states enacting medical and adult-use programs, to the potential for federal legislation such as the STATES Act (which is a blessing and a curse). Although most companies that are participating in the market will be winners in this environment, we are working to pick the winners that will be successful long-term. GTII is building a platform to solidify their current business while enabling efficient and repeatable future growth. KM |