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Not a peep on the 75-million share dilution ?
Or is everyone stunned?
I’m pissed.
Added to my positions In March of 20 I went nuts. Even sold my beloved Camaro. Everything but Jushi and GTI. Sold the Curalieve and put all of it in Tru. It’s been a rocket to Mars ever since. My little EFT was up 353% for 2020.
And I think the fun is just beginning. Trulieve will be a hundred dollar stock within 18 months. Seriously. It’s inevitable.
All they have to do is.....
Onward.
Thousands of shares. I like things with three zeros.
Institutional buying. Big blocks broken down, but big blocks. Two had to be 100,000 shares. Me likey.
Thanks for the laugh.
Fair enough. It’s going to be ok for the SAFE act, but MORE is going to take some work, and they have their work cut out for them already starting the 20th
You are all missing the point. Legalization means anyone can do it, just like liquor stores. Trust me, it ain’t going to happen.
Interesting. Now why don’t the two of you explain why you think a new administration filled with senior members who are AGAINST legalization will legalize it.
Even Uncle Joe says he won’t go further than decriminalization
Great find, but legalized Cannabis isn’t going to happen with this new administration.
Decriminalized is the best one can hope for.
Legalization is a long way off. Decriminalized Cannabis is the best one can hope for. This new administration has no incentive to legalize weed. None.
So forget that nonsense.
What’s becoming delightfully obvious is that Trulieve is the company to own first in the Cannabis industry. In less than six months institutional ownership of shares has risen from barely over 8% of the shares to just over 31% today.
The company has reported consistent revenue growth over 20% each and every quarter for over two years, and has reached that point where cash covers everything without additional financial resources.
They own Florida, and are in the process of doing the same in PA. West Virginia will also get the Tru treatment, and love it as well.
Onward
It’s been a marvelous run to date, with the best is yet to come. Tru will be on the Big Board, and once institutions get into the game prices will surge dramatically.
Think about this!
Tru sold 27,000+ ounces of flower in five days last week with 70 dispensaries. That’s over 385 ounces per week per dispensary.
Nobody is even close. Grow it and they will come.
Onward.
You ain’t seen nothing yet, baby
Onward
That will come when they list on the Big Board
This is wonderful. Loading up like my last day before lockdown.
What a great opportunity.
Me likey
Oh yea of little faith.........
It’s a problem on GA for sure. Polling sucks as the numbers change every time they call.
My bet is it’s all one way or the other. One each is impossible. So I might trim ten percent into cash tomorrow morning depending on the volume and opening.
I like it too, I just think at this price it’s pretty fairly valued.
Ben must have had sex change over the past week. Funny they didn’t announce it,
Happy New Year.
Trust me. That’s all it is.
Completely agree
Happy New Years to all
It’s genius getting the state to finance your physical plant growth. Kim has always been way out in front of everyone else in this industry. She, and her team, have made thinking outside the box the hallmark of Trulieve.
As my dear grandmother told me(btw, she was one of the very first women to graduate from UM’s School of Law) - never underestimate a woman on a mission.
As you look back on Trulieve’s growth since Kim took over the reins it has been nothing short of spectacular initiatives that led the industry.
It’s a unicorn
Brilliant. Just plain brilliant. You got to admit, the Queen knows exactly what she and her company are doing. We are going to own PA just like Florida in six quarters. How can any investor overlook the smarts Tru brings to this industry.
Grow it, and they will come.
Onward.
The Queen is Kim Rivers. After their latest OMMU report, she is also the leader of the pack.
And today they gave it all back plus some. The Florida OMMU report killed them. My bet is their seven dispensaries will be for sale soon.
The real surprise was how poorly GTI did. Makes me think their seven dispensaries will be up for grabs fairly soon. Awful performance in a hot month for sales.
It always amazes me that so many companies just don’t get it. No flower all the time, no customers. What’s so hard to figure out?
No.
Just basic math. Seventy puts them at 8.5 billion in value. Given that Tru will most likely earn $250-million next year it’s a slam dunk
Meh...
Seventy US by the end of 2021. Minimum.
Canuks should stick to handicapping hockey games.
I’ll settle for the fact that I’m up 235% for 2020. So yes, after fifty years of stock investing, I do know what I’m doing.
Have a great Holiday season.
Unfortunately that’s an easy way to go broke
Thank you for that slice Funman. It just confirms what several of us Trulievers already know. And we appreciate the rest learning it too. Now a brief vignette:
During the past ten days Tru’s competition had flower too(finally) and Tru responded by starting a price war. Three days later several of the competitors followed suit. No problem Tru just shifted the price competition to vapes. I can’t wait to see the final numbers.
Lesson. Don’t mess with the Queen’s Court. They’re all good.
They can easily co-exist. Both are smarter than the average bear. And they are focused on seed to sale states.
And my bet no one in the foreseeable future is going to dominate a market like Tru does in Florida.
Add on: Jushi’s next quarterly report should be on February 23rd. If they nail the growth rate and come real close to profitability this stock goes to ten like the morning express.
And they still will be valued under a billion. PA and VA are going to be killers in 22.
If we can flip GA, I cannot even fathom the potential growth of the big four. And The more grow you have the higher the share price will be over the next 18 months. After that you better be awfully profitable.
Jushi has only 91-million shares outstanding. Market value based on growth, management expertise, revenue, and product would put this company at roughly $700-million today. So seven bucks a share until the next quarterly report is probably quite reasonable. Above that could be some serious froth.
And I like their focus on seed to sale markets, ala my favorite.
Just hit five bucks. Six is next.
Thanks for that link. She is the Queen, and for very good reasons.
Onward
Thought I could pick up some more Jushi at the opening today. No such luck. It only wants to go up.
Nice.....
Agreed. Only other Cannabis stock I have personally recommended to good friends.
The other, of course, is Trulieve.
Markets forget, but Florida has more experience with Cannabis than anyone. I know CA will disagree, but we’ve been importing it since the early 1920s. We know our stuff
And Jushi is a FL company. It’s in our genes.
BTW, it should have read “ in Northern VA”.