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This is an interesting company with great prospects.
The problem is their management hasn’t a clue on how to charge up profits.
They have to stop spending more than their making.
As much as I love you guys, this stock is a dog, with fleas.
LHS has to do a reverse split if they want their stock to be worth more than a Milky Way bar.
They just put out a release on their status in Israel.
A little behind schedule but not by much.
Looks good.
But then it’s a penny stock, so who knows.
I’ll hold for now.
Very well put
Keep accumulating
It’s simple really.
Just take their growth rate and extrapolate it over twenty quarters using a regression to decrease their growth rate to a number where sales are increasing at a nominal figure. Use their existing margins the same way.
Employ a little math and voila.
And I’m probably a little low.
It’s worse case since I decline their market share as well.
But even in the worst case they are still throwing off over 400-million a year.
Value would be 14 to 18-billion
Excellent grasshopper.
I’ve been telling this group that for over a year. Take a long term vision on Trulieve. In five years, just in Florida alone, they will be doing $400-million a month. That’s right folks. Florida is, and always will be, the Cannabis capital of the world. We been doing illegally since the early 50s, and so legally it’s a cake walk.
When we get rec you better have product. And nobody in Florida is anywhere close to Tru in growing. And they’re adding another million sf feet now. Next year it will be more. And that’s the bad news.
Kim and Company will move mountains to keep their 50% of the entire market in Florida. Competing against them going to bury probably half of the current OMMU listed firms. And if anyone starts a price war, it’s all over. Tru will eat them alive
My regression analysis in its worst case shows TCNNF at $150/share by 2024
C’est la vie.
That’s why it’s called a market. Prices change every day according to the rules of supply and demand.
They would need to acquire someone.
Trulieve’s motis operandi is go go deep into a market. Just being there ain’t enough.
I understand it could be as soon as next week
On that there is no argument. Like in most new industries, lots of early entrants and then consolidation.
The little guys are tuna fish for the sharks.
Lol.
It’s called the flower push down here.
Margins are in flower, so some firms tend to push lower quality to have product on the shelves. This often leads to dissatisfaction among those who purchased.
Trulieve does one thing better than everyone else.
QUALITY
Wall Street looking to make money off of bad deals.
They truly are the whores of capitalism
The news service is really lousy at math. 17,000 oz is NOT 545 tons. Wonder what else they got wrong?
However Suterra has what one might call a difficult reputation.
With their dispensary footprint I’d be more inclined to lean toward fifty million plus, which is less than one million annually per dispensary.
I believe they will maintain their market share across all products at or near the 50% level. Those who live here and use the MMC services normally visit a favorite, but will shop if alternatives are available. Where I live I have nearly every company with over ten stores within 30 minutes of my house.
Tru has customer service down cold and is very rarely out of flower these days, so one starts there. As one gets more experienced you try other strains at other outlets.
The problem arises when the other outlets are consistently out of stock.
So you tend to stick with your first choice.
But Trulieve dominates because their CS is almost off the charts.
They are light on the total market size which is nearly $1.2 billion as I type.
I would estimate the eatables market at about $200-million the first year. After that we need numbers to see if it’s having an impact on flower sales which is both the main revenue driver and great best profit margins.
My bet it’s more of a customer friendly product with good sales numbers and lousy profit margins.
Kim stated her goal was 70 by years end.
Nobody gonna catch this fox.
Edibles are an add-on.
Client goes in for flower or vape. Sees chocolate or gummies or brownies and say I’ll have two of those too
Most purchasers of TruPowder are an add on according to my contacts in the retail side. Btw, the Vanilla Cream powder is the best addition to morning coffee ever. Fabulous
Obviously none of you have met her
Have a nice weekend
Illinois. They have more outlets and more grow.
Domination, my boy, that’s why Tru has the highest stock price. They make free cash every quarter, and they know how to grow.
GTI hasn’t figured that part out yet
You have to pay for a merger. Tru has less stock at a higher value. And someone has to be the boss. And it ain’t never going to be anyone other than Kim
No. The results will not be uncertain
Not even close
I think a more likely event would be RedWhiteandBloom and GTI.
Trulieve as a buyout, or acquirer, is a pipe dream. They have their own agenda and being second to some company that doesn’t know what it’s really doing is out of the question.
Rumors, rumors, and more rumors.
It’s the Wall St. Dance. The big boys in the financial arena, like sharks circling, see money to be made.
Ain’t gonna happen with Tru.
Everybody keeps forgetting four people own 62% of the company. If the CEO is one of those people, which Kim is, and she says quite demonstratively“no dilution of current stockholders” then one must believe her since she’s been on the money since day one.
I’ll say it one more time - never underestimate a woman on a mission.
What goes up comes down, goes up again, sees stairs goes back down before realizing it needs to go up, and on and on.
Invest with a long term view. This is a five year hold.
And Tru will be over $100 bucks a share by then.
Buy on the dips and never let go.
The institutional buying drive up prices and volume. They are now off on tech buying.
So we live in a trading range
Resins are classified as oils
It’s even worse in flower which is where the margins are
Curaleaf in Florida has a long way to go. Just check the weekly OMMU reports. A long way to go.
Who knows? It’s like tracking a hyperactive five year old.
Going to be an interesting day tomorrow
Are we oversold, or over brought?
I think you are underestimating Kim.
It’s West Virginia their next biggie.
MA is already budgeted
Btw, WV could be as big as Florida. Don’t laugh. It’s the drug use capital of North America. Get them off opioids and on cannabis. It’s a winner for everybody.
Best to you as we go forward.
In five years this stock will dominate the industry.
Kim is on a mission
Onward.
I rest my case .
Have a great weekend
Never underestimate a woman on a mission.
I believe only two Florida and California
Try using the Florida OMMU numbers. Makes it much easier
What we have here is a difference of operating philosophies.
One is to be everywhere, which has extraordinary costs versus actual revenues. IE: Florida where GTI is losing money hand over fist with just six dispensaries and terrible sales volume
The other is go deep and then expand to other states where the process can be duplicated.
My bet is depth wins over breadth.
Time will tell.
Florida is a seed to sale state. Maybe you should find out what that means. Have a good weekend doing proper research.
Tru’s expenses are 32% of revenue. GTI’s is 63%.
Isn’t math wonderful.