Should You Buy GTBIF Stock After Marijuana Reclassification Order?

Key Takeaways GTBIF has rallied nearly 35% in a month after an executive order to move marijuana to Schedule III.Rescheduling could ease IRS 280E, thereby improving profitability and net income visibility for GTBIF.Green Thumb faces pricing pressure as Q3 comps fell 7% and gross margin dropped 200 basis points to 49.4%.Shares of Green Thumb Industries (GTBIF) soared nearly 35% in the past month, all thanks to an executive order signed by President Trump directing federal agencies to reschedule marijuana at ...