Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I don’t tell anyone when to sell or buy. I’d say check the charts.
I don't think we see much divergence from the current price in a meaningful way until Sep. Maybe once the Senate gets back they will start floating some good news about Safe.
Just reposting this from this source. Questions answered. https://mjbizdaily.com/trulieve-cannabis-alleges-ex-cfo-wrongly-expensed-more-than-350000/
Not sure what drove the price today, but I'll take it. Maybe there is a chart somewhere that explains it, don't know. Or could it be tomorrow's earnings anticipation.
The not so FREE state of Florida and the useless Gov. Woke and obstructing voters is all he knows. He's a disaster and would be worse if elected president. I guess he hasn't figured out that older people are the biggest segment of users. If I had a business it wouldn't be moving to FL. https://www.marijuanamoment.net/desantis-approved-florida-law-bans-recreational-marijuana-ads-while-instituting-more-industry-worker-restrictions/
And they are trying to focus on one word "allows" . This shows they really don't have anything to argue. Leave it to a lawyer to find a word to argue. I can't imagine that TCNNF spent 38 million or whatever and they didn't look at all of these issues. DeSantis is going to lose.
Watching an interesting show on cannabis on CNN about seniors and cannabis. Don't think they intended to show a specific company, but they did show Trulieve products. Interesting.
OK Bill, pony up some cash to change the situation. https://www.marijuanamoment.net/bill-gates-tells-seth-rogen-he-smoked-marijuana-in-high-school-to-be-cool/
I got this information from a different board. I can't confirm or deny. "The former CFO's family very quickly determined that Tallahassee was not for them (they were from the W. Coast). Nothing concerning here. Call the company and they will confirm."
I do see a huge leap forward if we get some Fed intervention via Safe or/and rescheduling. The Free State of Florida (not) would be a good boost, but I see a way forward without it. It would suck to spend that much to get a petition on the ballot and not be able to get it on there. Over 1million Floridians signed the petition, but to the far right that doesn't mean anything. DeSantis is a huge loser, he doesn't have national appeal.
With the Senate out on break, we have little news to move the stock out of this range. Maybe the earnings report next week will at least help keep the stock in a little higher range until we get some positive news from the GOVT.
I'm liking the AMZN run up. Now if we could get TCNNF headed up on a sustained basis.
Florida’s attorney general is suggesting that voters are too stupid to understand that marijuana would remain federally illegal even if they approved a cannabis legalization initiative at the state’s ballot next year—and therefore they can’t be trusted to decipher the “monopolistic” policy implications of the reform. She is a nitwit. It says clearly in the petition that nothing would change marijuana from being federally illegal. And thank you Moody for your assumption that voters are stupid. No, those voting for Trump and DeSantis are stupid.
TALLAHASSEE, Fla., July 31, 2023 /CNW/ -- Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) ("Trulieve" or "the Company"), a leading and top-performing cannabis company in the United States, announced the relocation of a medical dispensary in Kissimmee, Fla. located at 2647 E. Irlo Bronson Memorial Hwy. The dispensary will be open 9AM – 8:30PM Monday through Saturday and 11AM – 8PM on Sunday.
Interesting article. Another positive move by the Govt.
Looks like we're locked into a range here until the senate resumes in Sep. I don't suspect the earnings report next week will have much effect on the positive side of things.
I'm going to float a new idea. The Senate is waiting to see if the Biden admin deschedules MJ, that way they don't have to get involved. With it descheduled there would not be a reason the even enact Safe Banking. Biden can then get credit and the Senate doesn't have to get involved.
I don't expect a lot of activity over the next few weeks. If the senate can't get their act together I don't know where we are headed. Maybe a small light will be the earnings report coming up 9 Aug. I don't expect it to move the needle too much though.
Not a problem. Don't plan to mortgage the house.
The Florida Supreme Court on Monday granted the state attorney general’s request for more time to file a brief arguing why voters should not get a chance to decide on a marijuana legalization initiative on the 2024 ballot.
On the same day that Attorney General Ashely Moody (R)—whose office is seeking to invalidate the cannabis measure—filed a motion seeking the one-week extension, the court agreed to the delay.
I don't think it's possible for them to put off the process until after the election. The court will have to either vote up or down on allowing the petition to be put on the ballot.
New from the Free State of Florida (NOT). https://www.marijuanamoment.net/florida-attorney-general-asks-supreme-court-for-more-time-to-reply-in-marijuana-legalization-ballot-case/
I'd say, she had a year to get together her act. Let's move this along. The people have spoken,
TALLAHASSEE, Fla., July 21, 2023 /PRNewswire/ -- Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) ("Trulieve" or "the Company"), a leading and top-performing cannabis company in the United States, announced the grand opening of a new medical dispensary in Sanford, Fla. at 4740 W SR-46. The doors will open on Saturday, July 22 with hours of 9 AM – 8:30 PM Monday through Saturday and 11 AM – 8 PM on Sunday.
I don't entirely discount charts, I just don't think the weight given to them is correct if that is the source people are relying on. TCNNF has shown that news moves the stock. For example : https://www.marijuanamoment.net/senate-committee-chairman-says-marijuana-banking-bill-actually-wont-get-a-vote-this-summer-despite-his-goal-lobbyist-reports/ Today we are down .18 I don't see the opening of a dispensary or two as being the kind of positive news that makes a large move, in fact, it hasn't seemed to have affected the stock at all. While it is part of the story going forward, it in itself has minimal impact. I don't think that every bit of news is going to move the stock, but something as substantial as the above does have a direct correlation regardless of the chart. IMO
I think I nailed it with my last post. There is no amount of charting that will give you a firm opinion as to where this stock is heading. With the news of no Safe on the Senate agenda, we have a negative news story affecting the stock.Here's an easy chart, No News, stock goes down or maintains the current range. News of a positive nature increases the share price exponentially. It's real easy.
It's looking like our do nothing senate is going to run short on time to get Safe Banking on the agenda before the break. Look for the stock to trade in the current range until Safe gets put on the agenda or something else note worthy comes along.
Still locked in that trading range because the Senate can't get their act together.
So this lawsuit could maybe get TCNNF dispensaries in OH. https://www.daytondailynews.com/local/medical-marijuana-company-files-238-million-lawsuit-against-harvest-of-ohio-for-unpaid-loans-interest/LWQKXHK44RHEFNNVWM5J44EMTU/
https://www.marijuanamoment.net/florida-marijuana-ballot-measure-would-net-up-to-431-million-in-annual-tax-revenue-analysts-for-desantis-and-lawmakers-say/
Nobody getting upset here. I'm long and have time to wait things out. I don't have a risk management strategy or I wouldn't be in the stock market. When you play with free money there is no risk.
Anybody following the stock will realize the "News Kids" are correct. That's what it takes to move this and the rest of the MJ stocks up.It can also move them down with negative articles. I think we've got a pretty solid example of that happening so far this month. As I said the other day we will be locked in a narrow range until some news hits with the prospect of passing Safe or similar legislation. Sorry to deflate anybody's balloon.
We need some legislation to move this higher. Until then or if numbers come in that are awesome, we are stuck in a range around here.