In a recently released analyst update, Compass Point Research & Trading‘s Managing Director and Senior Research Analyst covering the cannabis industry, Rommel Dionisio, initiated coverage on shares of U.S. multi-state marijuana company Green Thumb Industries Inc. (CSE:GTII) (OTC:GTBIF) with a buy rating.
This guidance comes just days after Seaport Global Securities analyst Brett Hundley reiterated his buy rating on shares of Green Thumb following the announcement that Integral Associates was awarded a retail dispensary and delivery license by the City of Pasadena, making it one of only six new license awardees in Pasadena.
Dionisio is one of three new stock analysts hired to bolster the Equity Research Team at Compass Point Research & Trading, alongside Marshall Senk, and Jason Weaver.
According to a recent press release from Compass Point, “Mr. Dionisio joins Compass Point as a Managing Director and Senior Research Analyst covering the cannabis industry. Mr. Dionisio has over 23 years’ experience as a sell-side analyst covering consumer stocks, previously having worked at Merrill Lynch, FBR, and Wedbush Morgan. He is an eight-time honoree by the Thomson Reuters StarMine analyst ranking, a three-time All-Star on the Wall Street Journal’s Best of the Street annual survey, and a two-time honoree on Forbes’ Best Brokerage Analysts ranking. Mr. Dionisio received his BA and MBA degrees from Duke University.”
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