As another earnings season heats up, Cantor Fitzgerald's analyst Pablo Zuanic shared some insights in his recent note after one of his top picks in the cannabis MSO group, Green Thumb Industries Inc.
Green Thumb Industries (OTC:GTBIF) reported its Q2 earnings results on Wednesday, August 3, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
In perhaps a sign that incremental progress on federal cannabis reform is afoot, some Wall Street analysts are increasingly coming around on the idea that reform can happen this year. Cantor Fitzgerald analyst Pablo Zuanic, a noted skeptic on SAFE Banking, now believes the legislation has a real chance of passing this year.
Green Thumb Industries (OTC:GTBIF) is set to give its latest quarterly earnings report on Wednesday, 2022-08-03. Here's what investors need to know before the announcement.
Analysts estimate that Green Thumb Industries will report an earnings per share (EPS) of $0.04.
On Thursday, Cantor Fitzgerald analyst Pablo Zuanic offered an update on New Jersey’s recreational cannabis market. Zuanic analyzed the competitive landscape and the changes in the recreational cannabis market in The Garden State. Although the report is not a second-quarter preview, the analyst offered an estimation of the evolution of the state market.