In a cannabis investing conversation, Nick Gastevich from CannaVestments discusses how retail investors can navigate the financial aspects of cannabis companies. He emphasizes the importance of balance sheet quality and profitability, advising investors to identify companies that can grow without diluting their share base. Using Green Thumb Industries (GTI) as a positive example, he highlights their revenue growth relative to share count stability. Gastevich also values transparency and shareholder communication, mentioning Terrasend and Verano as companies that demonstrate these qualities. The conversation shifts to a "nice thing and less nice thing" analysis of specific companies like Green Thumb, Trulieve, Curaleaf, Glass House, and Jushi, evaluating their financial discipline, market strategies, and capital allocation decisions.
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