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Green Thumb Industries Has Already Risen ~50% in January

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Stock performance

On January 11, Green Thumb Industries (GTBIF) stock closed at $12.05, up ~15% from its previous week’s closing price. On January 4, Green Thumb Industries stock rose ~14.14% to $10.49 from its previous day’s close of $9.19. On January 7, the stock’s price rose ~12.13% to $11.76.

Green Thumb Industries stock closed at $8.03 on December 31, 2018, and reached $12.05 on January 11, 2019, representing a rise of ~50% so far in January 2019.

On January 11, Green Thumb Industries stock closed at $12.05, ~52% below its 52-week high of $25.03 on September 18, 2018. The company hit its 52-week low of $0.01 on June 8, 2018.

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About Green Thumb

Green Thumb Industries specializes in cannabis cultivation, cannabis processing, and cannabis dispensary operations. The company provides access to safe and effective cannabis in the US market. Green Thumb Industries is involved in the manufacturing and commercialization of branded cannabis products, including cannabis edibles, cannabis flowers, cannabis concentrates, and topicals.

Analysts’ recommendations

Of the five analysts tracking Green Thumb Industries in January 2019, one has recommended a “strong buy,” and four have recommended “buys” on the stock.

Peers’ ratings

In January 2019, of the two analysts tracking Trulieve Cannabis (TCNNF), one has recommended a “strong buy” rating, and the other has recommended a “buy” rating.

Of the three analysts tracking Charlotte’s Web Holdings (CWBHF) in January, one has recommended a “strong buy” rating, while the other two have recommended “buy” ratings.

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