Cantor Fitzgerald Initiates Coverage on Green Growth Brands (OTCMKTS:GGBXF)

Equities researchers at Cantor Fitzgerald assumed coverage on shares of Green Growth Brands (OTCMKTS:GGBXF) in a note issued to investors on Thursday, Marketbeat Ratings reports. The brokerage set an “underweight” rating and a $0.10 price target on the stock. Cantor Fitzgerald’s price target points to a potential downside of 72.28% from the stock’s previous close.

Shares of OTCMKTS:GGBXF opened at $0.36 on Thursday. Green Growth Brands has a 1-year low of $0.18 and a 1-year high of $4.86. The company has a 50 day moving average price of $0.46 and a 200 day moving average price of $0.98.

Green Growth Brands Company Profile

Green Growth Brands Inc, together with its subsidiaries, engages in the cultivation, processing, production, distribution, and retailing of cannabis and cannabis-infused products in the United States. The company offers cannabis, tetrahydro cannabidol, cannabidiol, and cannabis-infused consumer products, as well as technology and consulting services for the cannabis industry.

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