Green Thumb Industries (OTCMKTS:GTBIF) Coverage Initiated at Piper Jaffray Companies

Piper Jaffray Companies initiated coverage on shares of Green Thumb Industries (OTCMKTS:GTBIF) in a report published on Monday morning, BenzingaRatingsTable reports. The firm issued an overweight rating and a $13.00 target price on the stock.

Separately, Compass Point started coverage on shares of Green Thumb Industries in a research note on Monday, June 10th. They issued a buy rating on the stock.

Shares of GTBIF stock opened at $8.57 on Monday. Green Thumb Industries has a 1 year low of $7.34 and a 1 year high of $25.03. The firm’s fifty day moving average price is $9.77 and its two-hundred day moving average price is $12.36.

Green Thumb Industries Company Profile

Green Thumb Industries Inc manufactures and sells various cannabis products in the United States. The company's cannabis products include flower, concentrates for dabbing and vaporizing, edibles, and topical. It owns and operates a chain of retail cannabis stores under the RISE name. The company markets its products through third party retailers.

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