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Big money ? https://www.washingtontimes.com/news/2023/feb/12/because-cash-king-scotts-miracle-gro-presses-congr/
Two weeks until Earnings announcement.
Don't know what you're talking about.
I think we're headed higher from here.
From the 3rd quarter report. Based on our performance year to date and current trends, we are targeting the low end of 2022 guidance of $1.25 billion to $1.3 billion in revenue and $415 million to $450 million in Adjusted EBITDA.
We'll find out on 1 Mar. Power On
The Saturday and Sunday before last year’s (Super Bowl) championship match saw a 24% rise in cannabis sales versus the daily average for the rest of February, according to cannabis marketing platform springbig.
Good thing TCNNF is in AZ with 20 dispensaries. Rock on.
FL OMMU numbers week ending 10 Feb.
108,294,335 mgs THC
1,163,492 mgs Low THC
38,083.37 oz. smokeable
Better numbers than last week.
You never know what's going to happen day to day. I think we see great numbers from the next earnings report. I'm just looking for steady growth.
More companies wanting Safe Banking. https://www.washingtontimes.com/news/2023/feb/9/scotts-miracle-gro-catches-cannabis-fever-lobbies-/
Decided to pick up some more shares this morning.
Seems Mar 1 is pretty early for the earnings report. I'm thinking maybe they are getting it out sooner than prior years to help lift the stock price. Generally they have reported near the end of the month in Mar. Just a SWAJ.
TALLAHASSEE, Fla., Feb. 9, 2023 /PRNewswire/ -- Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) ("Trulieve" or "the Company"), a leading and top-performing cannabis company in the U.S., will hold a conference call on Wednesday, March 1, 2023 at 8:30 AM Eastern Time following the release of its fourth quarter and full year 2022 financial results.
It will be hard for anyone just getting a license in Apr to compete. I look for whoever gets a license to sell it to another company. The small players just won't have the money to expand as necessary. I don't see it as a negative. At $1m a license, the state of Florida is just looking to rake in additional cash, that's the bottom line.
Still waiting on those 5's. What's up?
He must have figured out the train is leaving the station so he needed to get onboard.
Pertaining to Maryland. Existing medical cannabis dispensaries would be converted into dual licensees at the same time that legalization takes effect on July 1 if they’ve paid a fee. So TCNNF can sell both recreational and medical by this summer if they've paid the appropriate fee.
Well at least someone is talking about it. https://thehill.com/homenews/senate/3841872-senate-democrats-look-for-way-forward-on-marijuana-banking-bill/
Courts to review FL legalization initiative. https://www.marijuanamoment.net/florida-campaign-clears-hurdle-to-put-marijuana-legalization-measure-before-court-for-review-on-way-to-2024-ballot/
I see some progress this year. Don't know when, but I think we see something beneficial.
Pretty good pop at the end of the day yesterday. Wonder what today will bring ? Did we already see the low for the year ? Are we gonna see those 5's as some have suggested ?
I'm holding long and looking to buy on the dips. Some here have said we'll see 5's, but so far that isn't happening. There is some movement in congress toward rescheduling, but who knows what congress is going to do. I do think over the longer term we'll see some favorable legislation.
The White House was asked about banking legislation and they punted back to congress. So who knows where it's at with the new House.
Interesting how some states that have legalized are allowing 280e exemptions from State taxes. Now if the feds could get their act together.
from an article in Marijuana Moment.
The legislation seeks to decouple Virginia’s marijuana industry from the federal tax code, as lawmakers in several states like New Jersey, New York and Pennsylvania have moved to do. State medical and recreational cannabis businesses would be able to take deductions at the state level that they’re currently barred from doing federally under IRS’s 280E.
FL OMMU week of 27 Jan
113,717,025 mgs THC
1,186,092 mgs Low THC
38,150.838 oz smokeable.
Nice numbers.
As of January 12, the state saw $4,000,732,608 in gross cannabis sales, according to data from the Cannabis Control Commission (CCC). This comes less than a year after Massachusetts hit the $3 billion mark, demonstrating continued growth in the industry.
Glad TCNNF has dispensaries there.
I found this snippet in a newspaper article and thought it was interesting. Rivers said the next steps are opening medical dispensaries across the state, and Trulieve is planning to have 10 facilities opened in Georgia by July 2023. Approved dispensaries in Macon, Marietta and Pooler have been confirmed.
If Florida is an example, then I think being one of two marijuana growers in GA, TCNNF will likely flood GA as quickly as they can.
New dispensary in Winter Haven, FL. https://www.yahoo.com/now/trulieve-opening-medical-marijuana-dispensary-124700562.html
It's a chart that tells you after it has happened that the stock went up and then down.
The Georgia Cannabis Commission voted tonight to approve the rules. The rules take effect on Feb. 14, Pinkey told Axios in a statement. Then commission officials must inspect and sign off on testing labs and dispensaries.
So it looks like TCNNF will be selling in Georgia very soon. They already have locations picked out and a grow facility in Adel, GA. Onward and upward.
Locations: Trulieve Dispensaries Coming Soon
Macon, GA - 3556 Riverside Dr, Macon, GA
Marietta, GA - 220 Cobb Parkway North, Marietta, GA
Pooler, GA - 2002 Pooler Parkway Pooler, GA
Newnan, GA - 1690 E Hwy 34, Newnan, GA
Not sure where you read that. But ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS:
If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [ ].
As you can see the box was not checked therefore the assumption is they still own over 6% of the stock and this was a standard filing they were required to make since they own over 6%.
I don't see where they sold. The Schedule 13G filed pursuant to paragraph (b)(1) of this section shall be filed within 45 days after the end of the calendar year in which the person became obligated under paragraph (b)(1) of this section to report the person's beneficial ownership as of the last day of the calendar year, Provided, That it shall not be necessary to file a Schedule 13G unless the percentage of the class of equity security specified in paragraph (i) of this section beneficially owned as of the end of the calendar year is more than five percent.
Seems to me they were just filing because they own more than 5%.
Fintel reports that Cowen Financial Products LLC has filed a 13G/A form with the SEC disclosing ownership of 11.15MM shares of Trulieve Cannabis Corporation (TCNNF). This represents 6.98% of the company.
In their previous filing dated January 20, 2022 they reported 7.05MM shares and 5.48% of the company, an increase in shares of 58.21% and an increase in total ownership of 1.50% (calculated as current - previous percent ownership).
Analyst Price Forecast Suggests 149.54% Upside
So it appears to be just opposite of what you are saying.
Well, guess I'll just have to wait. So what is your bottom projection, I don't want to miss it.
Ricky Williams. https://footballfoundation.org/hof_search.aspx?hof=2388
Former NFL running back Ricky Williams is launching his own cannabis lifestyle brand, Highsman – a play on words with the Heisman award he received in 1998, after years advocating for the legalization and normalization of cannabis use.
The athlete-focused, purpose-driven brand features cannabis products, apparel and accessories curated by Williams himself. The initial cannabis lineup features three strains: a sativa, an indica and a hybrid. The company will also launch its own pre-rolls soon.