Green Thumb Industries (OTCQX: GTBIF) is by almost every analyst’s measure one of the top multi-state cannabis operators in the US. ‘We think a lot about cost of capital. Access to capital at low cost.’ CEO Ben Kovler’s great grandfather helped the Beam family end alcohol prohibition and he is intent to help end cannabis prohibition. Strong gross margin, net income profitability and free cash flow generation despite onerous cannabis tax regulations. Common-sense approach to cannabis is winning out, especially in the face of the failed war on drugs, overwhelming opioid-related deaths and simple fact of tax revenue generation. Massive consumer demand. The US is consumed with cannacuriosity. Being ready for but not dependant on the next phase of legalization.
Subscribe to CEO Interviews – https://bit.ly/3caWD5x
Start Your Free Trial of Seeking Alpha Premium Today – https://bit.ly/3fEhhLI
Power to Investors.
source
