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Btw, trulieve has a 46% market share in your favorite category of vape, oils, etc. and has maintained at least that percentage for over a year.
You don’t live in Florida, do you?
I’m not going to try to change your mind about anything, but one thing is clear - you have no idea how the industry actually works.
Still, have an enjoyable weekend and wear your mask when you are in public
Trulieve will either be NASDAQ or NYSE within a month after decriminalized cannabis and passage of the SAFE act.
Institutions are going to love this stock. It’s not a story. It’s the real deal.
Alright, fair enough.
First, the is an agriculture industry. You grow stuff people will buy. So your focus must be in production, processing, and distribution. In all three no company is first. However Trulieve is in the top two in all categories and number one in production. Which makes sense since they are the only pot company founded by nurserymen. So they understand production. Indoors is the only way you can control quality and quantity. Don’t argue. My daughter is a professional nursery manager,and I pay attention to her experience and education. She has her masters in this and seven years of doing it.
Second, financial performance. That’s a slam dunk. Trulieve rules the industry.
Third, the future is what you make it. Cannabis will always be a controlled substance, much like alcohol. Controlled meaning you want hard booze you go to a liquor store. It’s regulated by the state. Cannabis will be exactly the same. A governmental cash cow subject to local oversight. It ain’t ever going to be in your local convience store. Ever
Lastly, you can trade or invest. Trading is gambling, just like Las Vegas. Investing is taking a long term approach to the growth of your principle. In this industry only three companies have even a remote shot at being an Apple or an Amazon. And Trulieve in one of them. Market share, financial success, and low share s outstanding.
Have a great weekend.
Thanks for the clarification
I’m beginning to think Dd is a troll. Or else terminally uneducated on investing.
LOL
Must be a young ‘un. Apple is fifty
Intel is fifty plus
Unicorns live forever
You don’t become worlds first pot billionaires by selling your stock at these prices.
Fifty outlets, two million sq ft of grow, 50%+ market share week after week after week.
Nobody bails from a gold mine while it’s still producing.
The unlock is a non event
I normally don’t invest to raw startups, but this one has amazing promise if they can execute. Time will tell, and I’ll keep holding
Go ahead. Hell, I threw a couple of grand into the pot today
Why not?
Covering bases is smart money
Read it earlier today.
Value is assets plus long term business profitability. At that, we be the leader
Surprisingly enough I tend to agree completely, and am adding to my LHS pile.
It could be real close. I have revenue at between $435-462-million for fiscal 2020. The problem is profitability in excess of the first quarter numbers. But Trulieve should do at least a positive cash flow of over $80-million for the year. And in business terms, that’s a 20% net on cash, and that my friends is big time in anybody’s book.
And that’s being very conservative.
A decent US analyst would put the stock at 28-30 USD
I love it
As Kim always sign out her memos - Onward.
Very nice jump on very low volume. My brain whirls just thinking of being on NASDAQ
Completely agree.
When it walks like a duck......
In short current holders of Curaleaf are going to take it in the shorts.
This is going to be interesting
Good opportunity to pick up assets being dumped by GR and add production capacity
Happy Father’s Day to all the Dads out there. May your day be full of laughter and love
GTI is probably a decent bet. I might also look into RWB but on a much lighter scale.
The problem I have is the Midwest is not a lock-out market, so price stabilization is non-existent and entrance is open to anyone with twenty bucks, so to speak.
Profits will be hard to come by. And I mean cash profits from operations, not counting plants that haven’t been harvested but they count increased valuation as an asset. That’s pure financial BS
My post was in response to a post that disappeared. I must be losing it.
Red Sonia where are you?
Nice only if you are a competitor.
Their numbers show they are steadily losing ground in the marketplace.
Only thing that’s good is the idea that LHS is a premier buyout candidate. My educated guess is RWB will take a shot at them. But a stock deal would suck. Most holders would want cash I believe.
So what
Only one consistently makes real profits from operations
TCNNF
Purchased when I got the message. They stock out fairly quickly these days
Demand is higher than supply
I just purchased two each of the ground at west Palm 22% THC. In ground
This is becoming simply amazing with their ground. Either one is equal to Philosophers Stone.
Their growers are on top of the game. That’s for sure.
I’ve had no problem at all here in West Palm. They are just fabulous at customer service. It might be a dispensary management problem where you are
I know I just picked up two of each this afternoon. One ounce for $100 and they threw in a nice Bic lighter no charge
I’d tell you how good they are after I return from my trip to Mars.
We are in a trading range. Low volume is great. It’s like pressure building up in a volcano. When it blows, the move will be 50% or better
Earnings and profits will determine which way it goes
Brad must like to smoke his stuff. Good. Because he’s full of it if he thinks they are going to dominate in Florida.
No grow shops, no distribution, no dispensaries. And only 100mill in the bank.
He should have stayed in Canada.
Trulieve is just fine. The stock is in a trading range right now and will remain so until the quarterly earnings report.
If it’s great, which I expect that revenues will be super, expenses will be high due to the additional costs associated with Florida’s stupidity dealing with COVID-19.
Personally I have TCNNF as a five year hold, so day to day prices are meaningless.
Trulieve is still the only cannabis company that knows how to make money.
What’s going to be interesting is how Brad baby at RWB thinks he is going to be a “big footprint in Florida”. No growing places, no distribution, and no outlets. The dude only has 100-million in the bank and is already stretched in both Illinois and Michigan. I think he’s a CEO who smokes during business hours. Because that’s a smoke dream for sure.
Interesting take on the market. I’m going to add Red White and Bloom to this list based on their activities in the Midwest and their ridiculous low share price
I’m not sure about legalization even with Biden, but just removing pot from the dangerous drugs list will in fact decriminalize it.
And that’s the key
That gets the US MSOs on the NASDAQ which means institutional investors will jump into the pool and those of us holding today will be at the party ??
As of Friday market cap was $60,000,000. Financials are hard to find.
Solid numbers down a bit from the past month, but shortages are occurring almost everywhere for high end flower. Their THC numbers are solid and show an amazing dominance in the vaping space.
Right now Wall Street is gagas over the virus, and the Fed’s aggressive treatment of the money supply. This too will pass.
At eight times earnings how can anyone with a long term view not be acquiring shares. I know I am .
You got to love it. Demand stronger than supply for flower
Depth, my friend, depth.
Kim said 60 in full operation by the end of the year.
The woman is a straight arrow. We are the most transparent company in the business.
That’s always worth noting.
2021 could be the year of Trulieve.
Be more patient. Like two more years
You’re most welcome. This is a stock you buy and hold. Five years from now you are going to have a small fortune. I buy on the dips when it drops below the 10 day moving average. Hasn’t been very much of that lately. Which is a good sign.
Could not agree more.