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https://www.marijuanamoment.net/connecticut-marijuana-sales-reached-record-22-million-in-march-as-adult-use-market-matures/
Glad TCNNF has dispensaries in some of these locations.
FL OMMU week ending 7 Apr
108,392,578 mgs THC medical
1,217,209 mgs Low THC
43,733.913 oz smokeable
Nice consistent numbers.
This stock turned up quickly so far today. $5.42 quote price arrow up+0.43 (+8.62%)
These dispensary locations are listed as coming soon in GA
Macon 3556 Riverside Dr, Macon, GA
Marietta 220 Cobb Parkway North, Marietta, GA
Newnan 1690 E Hwy 34, Newnan, GA
Pooler 2002 Pooler Parkway, Pooler, GA 31322
Columbus 4238 Armour Road, Columbus, GA 31904
I think what you are reporting here is that they want to clamp down on CBD products that are sold at various places not by dispensaries like TCNNF. This would be a positive for TCNNF because that would force people to go to a licensed dispensary rather than a grocery store for CBD.
While Schumer hasn't really done much to put forth any marijuana law changes I thought I'd post this because it is news worthy. https://www.marijuanamoment.net/schumer-to-speak-at-4-20-marijuana-policy-forum-inside-the-u-s-capitol-alongside-other-lawmakers/
With the potential for the stock to move to the second tier trading platform of the CSE, from what I've read, there could be a much higher trading volume. I guess we'll find out in the next couple of months what that means.
If you're interested in the move by the CSE to have some larger cannabis companies move to the second tier here is an interview. https://www.bnnbloomberg.ca/canadian-securities-exchange-plans-new-tier-with-stricter-listing-rules-opens-door-to-etfs-1.1693062
FL OMMU week ending 31 Mar.
106,728,989 mgs THC
950,622 Low THC
43,071.143 smokeable.
With the cse possibly elevating TCNNF to the higher tier trading we may see more trading activity. I can’t see how it will hurt.
Kentucky just made medical marijuana legal. Now if the state's Senator McConnell would get with the majority of his constituents and pass something on a national level, it would be helpful.
Interesting info. The Canadian Securities Exchange unveiled plans Thursday to launch a senior tier for the largest issuers listed on its platform. Roughly 100 CSE-listed companies will be gradually transferred to the new tier starting in May, providing them with access to a lower cost of capital and a wider investor base while positioning the CSE itself to compete more directly with the TMX Group-owned Toronto Stock Exchange (TSX).
Since launching in 2004, “we have grown from our startup roots,” CSE chief executive Richard Carleton said in an interview. “This is very much a case of us wanting to grow alongside our largest and most successful issuers.”
The senior tier will be “very heavily dominated” by cannabis companies with operations in the United States; such firms are listed on the CSE in part because TSX rules prevent any of its issuers from being in violation of U.S. federal law.
No news and stock price is lagging. There has been no movement in Senate or House. On another topic Kentucky just approved medical marijunana today. So put another state on the list of those approving medical marijuana.
Maryland’s Senate president says the body will vote next week on a bill to create regulations for an adult-use marijuana market, getting the state prepared for a voter-approved legalization law that takes effect this summer.
Glad TCNNF has some dispensaries there.
Trulieve
Dispensary Coming Soon!
8295 Sancus Blvd
Columbus, OH
Looks like Rivers bought more last week at 6.07 or 6.08. Maybe she is averaging down the 14's she bought recently. In any event, I haven't seen any insiders sell so far. I take that as a positive sign.
Take it for what it's worth.
Maintains Needham: to Buy 3/9/2023
Maintains Cantor Fitzgerald: to Overweight 3/9/2023
Maintains Cantor Fitzgerald: to Overweight 3/6/2023
FL OMMU week ending 17 Mar :
102,191,357 mgs THC
1,033,664 mgs LOW THC
47,295.758 oz smokeable
Nice Numbers
Looks like we’re stuck in a range until news. Picked up more today, just because.
Colorado Governor Seeks Update On Federal Marijuana Scheduling Review Timeline From Biden Administration.
Last weeks FL OMMU data (10 Mar):
106,766,201 mgs THC
1,078,878 mgs Low THC
39,807.681 oz smokeable.
Top Federal Health Official Tells Lawmakers Marijuana Scheduling Review Is Ongoing, But DEA Makes Final Call.
Seven In Ten Florida Voters Support Marijuana Legalization, Poll Finds As Campaign Petitions For 2024 Ballot Initiative.
The share price hasn't done much the last few days. I guess people are awaiting the earnings report.
Earnings report tomorrow.
Oklahoma voters on Tuesday will decide whether to legalize recreational marijuana in a special election.
End of the year the stock price IMO will be at 30 or so. There is just too much going on within various governmental entities for something not to happen. OK. So what company is big enough to take over TCNNF ?
TALLAHASSEE, Fla., March 3, 2023 /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 opening of its Beckley, West Virginia dispensary on March 3. Located at 1000 N Eisenhower Dr., the medical dispensary will have operating hours of 10 a.m. to 8 p.m. from Monday through Saturday and 10 a.m. to 6 p.m. on Sunday.