As earnings season approaches, Cantor Fitzgerald analyst Pablo Zuanic discussed his expectations. One of his top stock picks, Green Thumb Industries Inc. (CSE:GTII) (OTCQX:GTBIF), is poised to report its financial highlights for the fourth quarter of fiscal 2021 - first among the cannabis MSO group - on Tuesday, March 1.
"While macro trends point to a down qtr (for the legal rec/med markets) and management guided for flat sales growth, we calculate recent deals could add $6Mn to sales in 4Q21E (RI, MA), and store openings (full qtr of 3Q openings, and three added during 4Q) should also help the top-line," Zuanic said in his latest note.
