Green Thumb Industries Stock Down Despite Strong Financials
U.S. marijuana stocks surged in late 2020 on growing optimism that the Democrats would move to federally legalize cannabis. But like high school election promises of no homework, that hasn’t happened, despite the Democrats gaining control of the White House and Congress.
That political inaction resulted in U.S. cannabis stocks mostly selling off throughout much of 2021. Rising interest rates, soaring inflation, and the war in Ukraine have added more volatility to the stock market.
One unfairly punished U.S. pot stock that is expected to come roaring back over the coming quarters is Green Thumb Industries Inc (CNSX:GTII, OTCMKTS:GTBIF).
The post Green Thumb Industries Inc: Unfairly Punished U.S. Pot Stock to Gain 275%? appeared first on Profit Confidential.