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Non-Tech : Marijuana Stocks
CGC 1.155+0.9%1:29 PM EST
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From: JakeStraw2/11/2020 10:01:37 AM
1 Recommendation

Recommended By
alwaysbmiki

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Initiating Coverage of Green Thumb Industries
morningstar.com
The cannabis producer offers investors attractive exposure to the fast-growing U.S. market.

Green Thumb offers pure-play exposure to the United States, which we believe has the highest potential and fastest growth of any market. As of 2018, U.S. recreational and medicinal cannabis have penetrated just 8% and 21% of their estimated markets, respectively. Based on our state-by-state analysis, we forecast nearly 25% average annual growth for the U.S. recreational market and nearly 15% for the medical market through 2030.
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