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With all of the FL MSO's getting on board the legalization effort. I think we will see a lot of advertising and some disinformation from the anti folks. Hopefully the FOR group has some pretty good ads coming to combat the craziness out there. Well I didn't sell any the other day so I'm riding an additional 7% value increase since someone else got out at lower prices. Reminds me of the Blind Faith song lyrics, Do What You Like.
The bounce off the 9 EMA on the daily keeps me long.
The bunching of the 9, 21 and 50 daily back in Jan was a strong indicator once the crossover was clear. Golden cross on the daily happened just a couple of weeks later. I’m guessing that pulled in some players.
Saw the same thing on the weeklies towards the end of Jan and now there’s a chance at the cracking the 200 on the Friday print. If it does, I expect even more to follow along and get on board.
Really seems to me like our Washington friends may continue to drag their feet on things until 4/20. It’s only a little over two weeks away now so who knows? Maybe they are just trying to be cute? That’s only two more candles away. Lol
GL
Nothing wrong with taking a profit when you can, but right now this ticket is looking better to me than the other-although I’m still long both. A bit of a flip flop though, from used to look better there now looks better here.
One word - weeklies.
And don’t ignore that volume profile I posted a little while back. What’s above hasn’t changed, only what’s below has.
Based on that report by the Cannabis expert analyst Jushi had much more mc upside with legalization of rec from what I understood.
I might pivot from TCNNF into Jushi actually.
What will each of us do to help?
Talk with friends and family
Post a sign
Place a bumper sticker
Call in to a radio program
Get educated on the talking points
Keep it non partisan- I realize that will be hard but try to convince our GOP voters that it’s the right thing to do.
Donate
Ideas?
Nice move by others to join the march forward. .https://www.cannabisbusinesstimes.com/news/six-mso-florida-cannabis-legalization-donors-2024-election/
Good stuff….great close, I got it wrong….actually I’m out with profits so that’s not really wrong just left some on the table. Still have my darling Jushi
LCK
Where did the $thirteen chickens go?
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Let's just hope they stay gone!
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https://www.google.com/search?q=featherless+chicken&client=firefox-b-1-m&tbm=isch&tbs=rimg:CQne8x_1MZ-BjIkAkFpVO3ttVEXiLH4MFKeCedrmg1ExizI1seVT27wcpUYM1y63NEXa6BFd3YOAvqplfOCf0Op_1RcIMgpXq86nJPKhIJJBaVTt7bVRERkQ3y9w3OSAoqEgl4ix-DBSngnhHHPPfe2Sz-sioSCXa5oNRMYsyNEfgeExIRlCOdKhIJbHlU9u8HKVERxsXn9XlPf3wqEgmDNcutzRF2uhH2G6oqjt3y7ioSCQRXd2DgL6qZESlnbONbXJw7KhIJXzgn9Dqf0XAR4TRgW9nsB2kqEgmDIKV6vOpyTxG6i_1Zdvou1nGGtCCijGHIO1A&tbo=u&sa=X&ved=0ahUKEwi3hbmhjKSDAxXALUQIHTqdBEUQuIIBCCU&biw=558&bih=940
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Ops! There back.
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TCNNF go to $15 better yet $25
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Looking forward to $113 chickens maybe in time $213 chickems.
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I'm with you on that. Short term capital gains eats up the profits and increases my taxes. If you're a trader then of course you'll be in and out, but if you are looking for that long term appreciation then trading is not the way to go. I don't need ordinary income so I'll let it ride. As you say, good things are coming together. I did think we'd get a bump up in the share price, however, there isn't much news right now to keep the price going straight up. I can see some leveling out and inching up, until we get some major news. There was a major volume surge yesterday, but that didn't do much for the share price. We had the traders coming in at the last part of the day taking it down some.
Maybe so, my plan is to hold most of my position for long term gains instead of ordinary income. I only see good things in the pipeline for us.
Wow that was lame….weak performance. Most likely headed for daily consolidation. Exit today for me unless I see some strength
LCK
https://st5.depositphotos.com/6644926/66840/i/1600/depositphotos_668403402-stock-photo-open-tin-can-school-bus.jpg
Stay in that can a bus.
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End of day TCNNF investors.
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https://www.google.com/search?q=featherless+chicken&client=firefox-b-1-m&tbm=isch&tbs=rimg:CQne8x_1MZ-BjIkAkFpVO3ttVEXiLH4MFKeCedrmg1ExizI1seVT27wcpUYM1y63NEXa6BFd3YOAvqplfOCf0Op_1RcIMgpXq86nJPKhIJJBaVTt7bVRERkQ3y9w3OSAoqEgl4ix-DBSngnhHHPPfe2Sz-sioSCXa5oNRMYsyNEfgeExIRlCOdKhIJbHlU9u8HKVERxsXn9XlPf3wqEgmDNcutzRF2uhH2G6oqjt3y7ioSCQRXd2DgL6qZESlnbONbXJw7KhIJXzgn9Dqf0XAR4TRgW9nsB2kqEgmDIKV6vOpyTxG6i_1Zdvou1nGGtCCijGHIO1A&tbo=u&sa=X&ved=0ahUKEwi3hbmhjKSDAxXALUQIHTqdBEUQuIIBCCU&biw=558&bih=940
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Shakin’ dat tree! Close above 12.54 and the daily higher low uptrend continues. Still got my swing position
LCK
Surprised this in to running with that big announcement.
Been here since 82? Id say you are grandfathered in . :) and deserve a pass .. hahaha
Good stuff Cabo, I think % gain/loss is more important than dollar amount. Has helped me get to another level when investing/trading.
There has been a correlation of crypto/cannabis and the way they trade….Bitcoin up, cannabis down and vice versa ….well today BTC is -5% so lets see if we continue the uptrend here. I see overhead resistance at 15$
Residency since 82’ ….whats the criteria on being a local? 3 decades should suffice
LCK
Thank you for mentioning this, it's an interesting read.
On Reddit weedstocks
Pablo Zuanic report on valuations if rec passes. Saw it on X. Extensive analysis.
Congrats to the longs! Another checkbox checked!
Great trading stock for those incorporating charts and news … Congrats
It’s up 7 bucks and change since my reentry
I’m sleeping ok
Nothing like a late day nice, stinky dump…
Lightened my load by 30%
Viva La Florida!!
LCK
Republicans worst nightmare.. Us libtards are going to show up big time
Seriously,I wouldnt be surprised that its a sell the news in the morning .. Should be interesting
Abortion also on ballot
what was the call on putting abortion on the ballot too.. do you know?
My hands are shaking...
In a stunning turn of events, I bet they'll rule in favor of both ballot measures.
Then they'll release a separate statement 10 minutes later - APRIL FOOLS!
Good morning from Broward!
The Fl Supreme Court’s Twitter feed says 4:00 pm for “out of calendar opinions” today. Note opinion is plural.
I have never seen a stock (TCNNF) with so many criminals working
Against the longs.
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Of course the other side of that story is! The longs just seam to put up with it..
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Market makers are going to keep it restrained today, but I still think we close in the 13's today.
It's looking like we might get a close in the 13 range today. Volume is pretty good so far.
you get bet they will get a no from me , no matter how they rule today..
If you live in FL you need to check to see if you are still registered to vote. I checked to see why I didn't get a mail in ballot the other day and was told the FL legislature had made a change which requires you to request a ballot by mail after every election cycle.
From a WUSF article. Florida has made changes to voting since the last presidential election, such as placing restrictions on ballot drop boxes and third-party voter registration efforts, and creating a special law enforcement agency to investigate elections.
Pasco County Supervisor of Elections Brian Corley and USA Today Network-Florida reporter John Kennedy spoke about voting Friday with Tom Hudson on The Florida Roundup.
Kennedy touched on one new law, SB 90, which requires voters to request a vote-by-mail ballot after each election cycle.
“Some people may still be under the impression that, you know, oh, I asked for it, you know, two years ago or four years ago and I should be getting it again this year. Well, they may find out that they’re not,” Kennedy said.
The orange Jesus legislature doesn't want mail in voting and is hoping people won't check their voting status. In FL we do have the power to vote in elections not to retain FL Supreme Court justices.
They won't have to move to Russia.. They can stay right here and experience the joy of living under a regime ..If you're a Democrat Just be sure you're registered to vote before doing do .. The Election Police will be breaking down your door.. But if you're a Republican transplant surfer :) (If living in Broward County getting a boatload of waves last few weeks) or a Republican living in the Villages be prepared to get a wrist slap.. The decision today by the State Supreme Court will tell you all you need to know, the direction the govt is headed... If they go against the will of Floridians... Again with the weed and abortion issues
Good mornig . What an appropriate day to learn our fate .. April Fools Day . Ironic .. They will probably wait til 11:59 PM to announce, which would be consistent with the way Fla works... NO press around that late
Yah , I Hear Cali has Plenty of Availability . Financial Benchmark of Freedom .....
3.Magnificent Stocks That Could.Help You.Become a.Millionaire.
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What does TCNNF stand for!?
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Never Mind!
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What? And give up my 1st Amendment rights. You need to call orange Jesus and ask him about that. Been here longer than most of these idiots. We need to get them to move out of the state or to Russia where they'll be welcome.
They'll probably approve the MJ initiative and disapprove the Abortion issue. Just my thought.
Minority criminal organization threatening to take away Floridridians right to vote on a legally prepared ballot issue.
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The governor of Florida hasn't noticed
The people of Florida don't seem to mind
The news media hasn't said a word
The OTC hasn't filed charges for stock manipulation
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Hundreds of thousands of Floridridians followed the law to get their
MJ initiative legally put on the Florida State ballot. Who in their right mind thinks five or six or seven criminals should be able to sidetrack their efforts.
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By threatening to take the MJ initiative off the ballot
The Florida supreme court is committing a crime similar to
Child molestation. The fact that they are judges, they should realize
The crime they are committing. And so should everybody else.
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That MJ initiative was legally put on the Florida State ballot
If the Florida State Supreme Court doesn't like it. Then come November either vote for or against it, like everybody else.
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Had it not been for the threats of the Florida supreme court
Over the past months. Amounting to stock manipulation.
TCNNF would be trading for between $50 And $100.
As well as others in the MJ industry.
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The United States was founded on the concept that the majority rules, and that decisions are finalized by the vote of the people.
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There's a lot of etcetera that goes here!!!
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I agree and based on my positions am choosing to bank on that. But this last minute announcement of rulings to be released Monday is unsettling in any case.
Guess we'll see soon what the justices think they can justify in the face of a strong argument... How strong are the conservative political pressures and their biases?
Ugh.
Remember kids, we are still free enough to move to a state/country that aligns with our values and our identity politics. Its alot more of a statement than complaining for years about it.
Viva la Florida!
LCK
It’s an unfortunate truth that Desantis is attracting people whose political thinking aren’t in align with most native Floridians
In his quest to make it a free state .. what a misnomer
I think the Monday delay might have more to do with abortion than weed.
The US Stock market and CSE are both open on Monday. However they do close at 4pm.
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TruPOD is a pure cannabis oil extract concentrate that has no added cutting ingredient.
Recent Highlights & Developments
"Our first quarter results reflect our ability to deliver on our strategic initiatives, translating into continued strong financial performance," said Kim Rivers, CEO of Trulieve. "In addition to delivering on strong financial results we also achieved many significant milestones in the first quarter of the year. Growth continued in Florida with the opening of four new dispensaries, completing the first sale of smokable flower in Florida, and settling with the Florida Department of Health, allowing us an additional 14 stores above the state cap. We are very pleased with the progress we experienced in the beginning of 2019 and are continuing to see that same momentum carry into the second quarter."
(Guidance presented in
millions and % change)
Revenue
2018 Actual 2019 2020
$102.8 $220 – $240 $380 – $400
Adjusted EBITDA1,2
$45.6 $95 – $105 $140 – $160
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