Is Green Thumb Industries Stock a Buy Now?

Green Thumb Industries (OTC: GTBIF) is a top cannabis company with a presence in more than a dozen states across the country. The business has multiple brands that sell lotions, edibles, pre-rolls, and other products. Focused on quality and premium offerings, the business generates better margins and cash flow than other cannabis companies.

Like many other pot stocks, however, Green Thumb Industries stock has been struggling, and investors may be growing frustrated with the investment. The company recently reported encouraging quarterly results, but that failed to generate a strong rally. Is now the time to load up on the stock, or should investors sell before it falls further down?

Image source: Getty Images.

Source Fool.com