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Florida Gubernatorial Democrat debate on right now. Nikki Fried vs Charlie Christ. Charlie’s ahead in the primary polls but Desantis is very popular among his party. We haven’t had a Democratic Gov since Lawton Chiles back in the late nineties.
Both Democrats will legalize weed but it’s gonna be a real battle to beat Desantis, who will never legalize it.
And the Liberty store less than a mile from the Trulieve Dania store has closed or changed ownership.
TD sent me 2 emails with voting instructions for Trulieve Annual Meeting. I received email on June 7 due midnight June 7. I guess they didn’t want my vote. Anyone else get this?
An old saying……..”weed will get you through times of no money better than money will get you through times of no weed”
If my conversion is correct, that’s just under 1 ounce in a little over 2 months. This is not good.
It’s been very quiet lately. Very few store openings in any states, especially Florida. I hope there’s some M&A coming.
Willie and Skechers!
I wonder what Trulieve is doing to participate in Mississippi.
Wanna see it drop down into the high teens? I’ll buy 100 shares right now at $19.50. Watch what happens. Every time I buy it goes down. Except when I started with Trulieve at around $7
Steely Dan
Trulieve is constantly touted as owning 50% of the Florida market. What people don’t mention is that they sell 5 times more than their closest competitor. I find that much more relevant.
Put that in your pipe and smoke it!
Won’t make it out of committee
Things are awfully quiet with Trulieve lately. Probably digesting full year results. Hopefully shopping for the next hub piece.
Please stop the political rants brother. Let’s just agree to disagree and move on.
Nice find Cabo’s. Unfortunately those bills won’t make it out of committee. But the bills restricting access and thc levels will!
Glad that wasn’t me! I have a hard time letting some of those comments pass. How about a discussion on legalizing vs continued growth under safe banking and eliminating 280e? I want full legal because it’s the right thing to do but that might open the door to much more competition before the moat is built.
This is called “reducing friction”. I’d get a card if they passed these changes. Gonna need significant Republican support to pass. I doubt it passes but good find. Thanks
Forgive me if I get any numbers wrong, but here’s my take.
Q1. $193
Q2. $215
Q3. $224
Q4 est at flat $224 from Trulieve and $102 (Q2 rev from Harvest) = $326
Full year 2021 rev $958m assuming a flat q4 which we all know is not true, so I’m bumping my estimate to $1.21B.
This is quick and dirty back of the envelope calculation.
For discussion: what component of the OMMU update should we focus on? Flower? I assume Florida flower makes up the majority of revenue for the company. Or am I wrong?
I see no significant change in share price until legislation impacting banking, up listings, or legalization. That could be years. So, let’s sit back and watch the growth.
Outstanding OMMU Report for 12/24/21
https://knowthefactsmmj.com/wp-content/uploads/ommu_updates/2021/122721-OMMU-Update.pdf
45,000 ounces!!! 112 stores
Those &@$/ers at OMMU took the day off and left us hanging.
Gotta disagree with you on that prediction. With this much experience under their belt, I put the number of new stores by eoy 2022 at 230. Their limitation will be based on regulations in different states.
Merry Christmas
OMMU Update
43,348 Oz
A record amount of bud sold.
Globally legal? Not in this half of the century.
Why do you think we will allow imported weed from Colombia?
Have you seen how far ahead of the competition Trulieve is in Florida?
Are you aware that the competition, already operating at a loss, will have to incur greater losses just to increase their market share in Florida by a teeny weenie bit?
If you have time to watch, here’s a discussion on legislation:
With regard to flower only, If you look at the week before it was 30,000 oz and it was a short week - At least for the government employees tracking and reporting. Those two holidays probably got added to the following week’s tally. Although I’d love to start seeing 40,000 oz weeks more often.
OMMU. 46,000 oz OF BUD. !!!!!! OMG
Admins, pls stop the politics on this forum.
You really need to drop all that anti woman BS! There’s plenty to criticize in the article without that.
No Dude, my problems with Kim is her association with her husband, nothing else. Now let’s google i my me vs we our us.
https://hbr.org/2015/03/if-you-want-to-be-the-boss-say-we-not-i
https://www.cnbc.com/2018/07/09/why-the-best-managers-avoid-using-this-word.html
https://www.theglobeandmail.com/report-on-business/careers/careers-leadership/we-versus-i-the-language-of-leadership/article4415099/
Hope that’s enough because I really believe this stuff and fully support women.
WTF are you talking about? Cheerleader Pete. My post is completely complimentary and has nothing misogynistic in it. Maybe you’ve never heard about leaders using we, us, our instead of I, mine, my. Bro, back off!
Doesn’t count - it’s a rebrand.
Interesting episode of Freakonomics on weed legalization at 22:20
https://freakonomics.com/podcast/season-11-episode-6/
OMMU figures must be adjusting to Harvest merger. Only 28,000 oz of bud. When I was younger we’d say 28,000 lids.
Does anyone here know how much grow space the competition has?
Thanks HH!!