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Fly News Breaks for February 21, 2020
Feb 21, 2020 | 08:43 EDT
Ladenburg Thalmann analyst Glenn Mattson initiated coverage of Green Thumb Industries with a Buy rating and $13 price target. The company has built out an "impressive" footprint through internal development winning licenses in key states such as Pennsylvania, New Jersey and Illinois, Mattson tells investors in a research note. The prospects for broader cannabis legalization are strong, giving Green Thumb a "compelling opportunity when that change occurs," says the analyst.
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