Data from recent trading sessions show cron’s market cap stabilizing after prior volatility. The current cron stock price forecast suggests a short-term pullback could correct the overextended 10-day moving average before resuming an uptrend. The last time I mentioned Green Thumb Industries (OTCMKTS: GTBIF ), it traded at $9.40 on Oct. 12. It’s important to note that the industry faces macroeconomic headwinds, and intense competition has impacted growth. However, Li Auto, with strong fundamentals and focus on innovation, will likely survive and gain market share. For Q1, the company reported R&D expenses of $422 million. That would imply an annual R&D investment of more than $1.5 billion. According to industry analysts, the cron stock price forecast reflects the cannabis sector’s recovery in North America. Positive legislative momentum could lift valuations, as reflected in increased call option activity. Price targets have been revised upward to a median of $13.
