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IMO we are about 4 or 5 months from $50.
Ohio, which launched its adult-use marijuana market in early August, saw $22.5 million worth of products sold during the first 11 days of legal sales. Early reports show the state on track to surpass $1 billion in combined medical and adult-use marijuana sales within the first year of the recreational market implementation.
TCNNF is in OH.
The next catalyst for a bump higher will be Nov election when the Amendment 3 passes in FL. Don't know if people have seen the ads the DeSantis government is putting up in FL, but they are very much misleading and frankly false. They are now calling it the monopoly amendment in their ads, which isn't even close to correct. They need to look it up to find out what a monopoly is. Of course once the amendment passes IMO the price will be much higher than where we are now. So get ready to pay a higher price for shares.
“Amendment 3 will garner more votes from registered voters on Nov. 5 than any candidate, and that’s the bottom line.”
By Mitch Perry, Florida Phoenix
Members of the Florida Democratic Senate caucus came out formally in support of Amendment 3 on Monday—the constitutional amendment that would legalize recreational use of cannabis in Florida that’s on the Nov. 5 ballot.
Florida Marijuana Legalization Ballot Initiative Has Enough Support To Pass, New Poll Finds As Trump Backs ReformPublished on September 9, 2024 By Kyle Jaeger
So you’re saying some news made it pop. Hmmm.
As of August 30, the Smart & Safe Florida committee had raised a total of $90.22 million and spent $62.4 million. The majority of this funding, $82.89 million, has come directly from Trulieve since 2022.
FL OMMU sales data reflects TCNNF sold a fair amount more this week than last week.
Looks to me with all the new dispensaries in FL, Trulieve is looking to build out their locations based on the prospect of Amendment 3 passing in a couple of months. 152 dispensaries just in FL.
On their website they are showing 4 stores coming soon in FL.
https://www.trulieve.com/dispensaries/florida
https://investors.trulieve.com/2024-09-06-Trulieve-to-Open-Medical-Cannabis-Dispensary-in-Clearwater,-Florida
From an article.
Ohio dispensaries like Locals Cannabis and Trulieve report surging sales, driven by non-medical customers embracing recreational marijuana.
The legislature here will define where and how. There are already laws in FL that address medical and I would think they could just say DITTO to rec. not really a big deal like anti’s are trying to promote.
You can’t really put stipulations on the amendment unless you are the FL legislature. It’s either a state issue or it’s not.
Pretty unusual to have both major presidential candidates approving MJ use. So there should be no question this issue will advance toward legalization.
TALLAHASSEE, Fla., Sept. 4, 2024 /PRNewswire/ -- Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) ("Trulieve" or "the Company"), a leading and top-performing cannabis company in the United States, today announced the relocation of a dispensary in Tucson, Arizona.
The new Menlo Park location at 1010 S Freeway #130 will host a grand opening celebration starting at 8 a.m. Friday, September 13, with partner giveaways, DJs, special discounts and more.
IMO, TCNNF will hit $50 in Jan 2025.
Let's see next week if his endorsement results in an increase in share price.
It's almost too late to get on board at these low prices. The nov date is coming up quickly. We could see something like the prior year, a run up to $50, with or without rescheduling being done.
Adding to the dispensaries in FL.
https://finance.yahoo.com/news/trulieve-open-florida-medical-cannabis-120000733.html
Among cannabis consumers in states with legalization laws, nearly 8 in 10 say they purchase all or most of their marijuana from licensed retailers—seemingly supporting advocates’ arguments that enacting regulated markets can detract from illicit sellers.
While I am disappointed in the DEA and congress, senate etc, I do think TCNNF is a company that is ticking along and will undoubtably be a leader in the MJ industry as we move forward. They are not just sitting still waiting for things to happen. Opening new dispensaries etc.
DEA pushed off rescheduling until after a hearing and after the election.
Trulieve pumping money into getting Amendment 3 over the finish line.
https://floridapolitics.com/archives/692773-trulieve-keeps-pumping-millions-into-adult-use-marijuana-amendment/
a Democratic senator separately told Marijuana Moment at the Democratic National Convention this week that if Harris is elected president this November, she will “be ready to sign” marijuana reform bills into law. Other lawmakers similarly predicted more momentum on cannabis legalization at the state and federal levels under a Harris-Walz administration.
This week’s sales numbers in FL showed a nice increase over the week of 9 aug.,
TALLAHASSEE, Fla., Aug. 23, 2024 /CNW/ -- Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) ("Trulieve" or "the Company"), a leading and top-performing cannabis company in the U.S., today announced the opening of a new medical cannabis dispensary in Orlando, Florida on Saturday, August 24.
Pull the big D in nov and TCNNF stock will soar like the last election. We need the House, Senate and presidency to make things happen for the industry. Last time the stock went to $50’s but republicans took the house. We know where that got us. Down to these levels and lower. With Fl legalization on the ballot and rescheduling soon to be announced we should have a couple of positives going forward .
https://www.marijuanamoment.net/desantis-staffer-and-top-marijuana-executive-feud-over-florida-governors-stance-on-home-grow-ahead-of-legalization-vote/
Desantis knows why. He’s just playing games.
Ohio Marijuana Retailers Bring In More Than $11.5 Million During First Four Days Of Legal Recreational Sales.
Looking like maybe TCNNF will benefit.
So this is the guy you want to handle interest rate decisions.
https://www.cnbc.com/2024/08/19/trump-media-djt-stock-harris-earnings.html
So how do you feel about taking my tax money to give to rich people for vouchers to send their kids to private schools. $8k per child. While they (republican legislators) decimate public schools. I don’t like it.
Jacksonville Mayor Donna Deegan backs recreational pot initiative. Yea.
Georgia’s medical cannabis patient count is growing by about 1,000 people a month
Good news for tcnnf
From Vance: He voted against bipartisan banking legislation that passed in committee and has argued that states that have enacted legalization should increase enforcement activities, complained about the smell of cannabis multiple times and suggested that its use can lead to violence.
Another dude that doesn’t like the smell. Give me a break. He and desantis. Don’t be fooled by what trump says.
New Pasco County location will host grand opening celebration Friday, August 16 th
Trulieve Cannabis Corp. (CSE: TRUL ) (OTCQX: TCNNF ) ("Trulieve" or "the Company"), a leading and top-performing cannabis company in the U.S., today announced the opening of a new medical cannabis dispensary in New Port Richey, Florida .