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:

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