Skip to Content
Morningstar

Green Thumb Industries Inc GTBIF

Morningstar Rating
Unlock
Stock PINX Rating as of
$11.84 +0.04 (0.31%)
View Full Chart
As of Delayed Price Open
Unlock our analysis with Morningstar Investor
Start Free Trial

Company Report

View Archive

Green Thumb's Footprint in Limited License States Makes It Well-Positioned for Legal Market Growth

Kristoffer Inton

Green Thumb Industries cultivates and sells medicinal and recreational cannabis through wholesale and retail channels in the United States. Unlike its Canadian peers, the firm is more vertically integrated, as it owns dispensaries in addition to the cultivation and processing of value-added products. It has a presence in 14 states through 20 production facilities, and 92 dispensaries. In states with more mature cannabis markets, Green Thumb believes there are enough cultivators available and purchases cannabis from third parties. This helps reduce capital intensity for expansion without sacrificing exposure to widening legalization.

Read Full Report

Price vs Fair Value

View History
GTBIF is trading at a 733% premium.
Price
$11.80
Fair Value
$19.00
Uncertainty
Very High
1-Star Price
$66.00
5-Star Price
$41.00
Economic Moat
Dzkgh
Capital Allocation
Qqvgjtlhl

Bulls Say, Bears Say

Bulls

Green Thumb gives investors pure-play exposure to the U.S., which we forecast will be the largest market in the world by sales.

Bears

States are incentivized to maximize tax revenue for products like alcohol, tobacco, and cannabis. Although alcohol and tobacco companies successfully pass higher taxes onto consumers, cannabis companies lack the brand power to do the same.

Show More
Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if GTBIF is a good fit for your portfolio.
Get 7 Days Free

News

View All

Trading Information

Previous Close Price
$11.80
Day Range
$11.50–11.85
52-Week Range
$6.42–16.33
Bid/Ask
$11.82 / $11.86
Market Cap
$2.81 Bil
Volume/Avg
19,421 / 590,934

Key Statistics

Price/Earnings (Normalized)
44.35
Price/Sales
2.62
Dividend Yield (Trailing)
—
Dividend Yield (Forward)
—
Total Yield
1.44%

Company Profile

Green Thumb Industries is headquartered in Chicago, Illinois, and produces and sells medicinal and recreational cannabis through wholesale and retail channels in the United States. It has a presence in 14 states and operates 92 cannabis stores under the brand Rise. GTI is focusing its expansion on limited license states with large populations, and it does not currently export into the global medical market due to U.S. federal prohibition. It offers multiple products under a portfolio of cannabis consumer packaged goods brands, including &Shine, Beboe, Dogwalkers, Doctor Solomon’s, Good Green, incredibles, and RYTHM.
Sector
Healthcare
Industry
Drug Manufacturers - Specialty & Generic
Stock Style Box
Small Growth
Total Number of Employees
4,561
Website
https://www.gtigrows.com

Competitors

Valuation

View More
Metric
GTBIF
CURLF
TLRY
Price/Earnings (Normalized)
 44.35——
Price/Book Value
 1.612.910.39
Price/Sales
 2.622.151.62
Price/Cash Flow
 10.4644.93—
Price/Earnings
GTBIF
CURLF
TLRY

Financial Strength

Metric
GTBIF
CURLF
TLRY
Quick Ratio
 1.580.290.96
Current Ratio
 2.400.721.92
Interest Coverage
 8.44−0.31−4.39
Quick Ratio
GTBIF
CURLF
TLRY

Profitability

Metric
GTBIF
CURLF
TLRY
Return on Assets (Normalized)
 3.56%−5.56%−1.42%
Return on Equity (Normalized)
 5.28%−16.04%−1.82%
Return on Invested Capital (Normalized)
 4.36%−5.52%−0.92%
Return on Assets
GTBIF
CURLF
TLRY
See how this stock stacks up to its competitors with Morningstar Investor
Start Free Trial

Drug Manufacturers - Specialty & Generic Industry Comparables

Screen With Investor
1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
Merck KGaA ADR
MKKGY
TkxbprgnykDdfsg$79.7 Bil
 Zoetis Inc Class A
ZTS
WxdrdpzvtGsfn$78.0 Bil
 Haleon PLC ADR
HLN
QqyvrkzyHkgt$37.4 Bil
 Teva Pharmaceutical Industries Ltd ADR
TEVA
PcvfcjdPtghh$18.2 Bil
 Dr Reddy's Laboratories Ltd ADR
RDY
YshdflhnQzqr$12.1 Bil
 Viatris Inc
VTRS
ZktfbsdcMbnw$12.0 Bil
 Catalent Inc
CTLT
VjrfgcfrRfjgrv$10.0 Bil
 Perrigo Co PLC
PRGO
JpgwgvvlFvcs$3.6 Bil
 Prestige Consumer Healthcare Inc
PBH
LhzgsfrgDspwp$3.2 Bil
 Curaleaf Holdings Inc
CURLF
PmbghfwskBys$3.0 Bil

Sponsor Center