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

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Stock analysts at Cantor Fitzgerald initiated coverage on shares of Green Growth Brands (OTCMKTS:GGBXF) in a report released on Thursday, Marketbeat Ratings reports. The firm set an “underweight” rating and a $0.10 price target on the stock. Cantor Fitzgerald’s price target would suggest a potential downside of 72.28% from the company’s previous close.

Green Growth Brands stock opened at $0.36 on Thursday. The firm’s fifty day simple moving average is $0.46 and its 200-day simple moving average is $0.98. Green Growth Brands has a 1-year low of $0.18 and a 1-year high of $4.86.

About Green Growth Brands

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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