Is Green Thumb Industries Stock a Buy Now?
Cannabis stocks have had a rough couple of years. Cannabis stock prices are suffering as a result of rising inflation and a lack of progress toward federal legalization. However, this has provided an opportunity for investors to purchase these growth stocks at a discounted price. The majority of these cannabis businesses have strong fundamentals and have established themselves to capitalize on the evolving industry.
Green Thumb Industries (OTC: GTBIF), based in Illinois, may pique the interest of long-term investors with a high risk tolerance. Let's take a look at how Green Thumb performed last year and what the future holds.
Image source: Getty Images.
Source Fool.com
