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MA is a good market, but our supply chain must be in place before launching a major retail push
In light of that it’s like holding a pair of Aces before the flop. You’re going to call every bet.
My belief is that we can execute much like we have in Florida
And that will make the value of our company continue its upward track as time marches on.
Strong showing this week by most of the major MSOs which leads me to believe that institutional buying is taking place.
It’s an acknowledgement that Cannibis companies are going to do well in this area of social distancing and lots of time at home.
With our first quarter earnings out Wednesday, I expect another sizable boost in value
Visited by favorite dispensary today. Busy they said. Been like this all month they said.
Should be a strong month and another quarter of great performance
Why would anyone invest in somebody else?
May 20th at 8:30am.
Way, way, way too much.
Nobody is going to sell much at this level.
You wait until you’re listed on a US exchange and then institutional money will roll in
Existing shareholders will then have marginable shares, and values will explode
All they have to do is keep moving onward as Kim likes to say
At just eight times earnings we should be at twelve dollars +. This run has a long way to go. Twenty by 2021 is in our sights.
As for the MA buildout. 140,000sf old industrial building into a modern Cannibis production unit is going to run about $30-million give or take 15%.
At full production the facility should generate around 55,000 pounds of Cannabis per harvest
This is a major investment and if Trulieve can come anywhere close to their dominance in Florida, it will be a huge win.
Very interesting
It’s fabulous. Our goal must be to get listed on the NASDQ, but first decriminalize cannabis and pass the SAFE act.
Our performance is a standout in any industry.
No wonder that many analysts say we are grossly undervalued.
Institutional investors are leading the way in Trulieve. It’s been a very dramatic percentage increase in their holdings.
I expect a twelve dollar stock price by the end of the month.
As Lostcoast noted numbers don’t lie.
Thinking the same thing. Feels like a strengthening of their margins for the next quarter or so. Revenues maybe slightly less than anticipated, so higher profits look more better, as they say.
I expect at least a dollar pop up after the first quarter revenue results
Interesting days this week so far
Trading range with low volume
It’s a wait and see until the quarter is ready
That alone should add five percent to sales.
And they are keeping West Palm open? It’s the worst dispensary I’ve ever been in, and I’ve been in a lot.
Dead company walking
Whatever floats your boat. I’ll stick to businesses that make money from operations, not from inflating biological assets.
Have a nice day
Only if someone buys them. On their own this is a dog stock
And now you know why I don’t own this stock. Any company that views its employees as just things to be used and then discarded is dead to me.
And this will show up on their bottom line. Real humans won’t shop there. End of story.
More to follow. All my charts and stats say fifteen bucks a share by August
Your math is excellent. That’s a unicorn.
Of course
Not to throw cold water, but that’s a pipe dream.
Don’t we all wish. We should see at least three $100-million quarters this fiscal year. And about a 15-18 percent quarterly growth in 22. Competition will slowly cut into their market share in flower and that market is nearing a saturation point as MMJ card growth will slow.
Nonetheless profitability should remain strong, and that’s the most important asset
When Florida goes recreational, most likely Jan 2023, Trulieve will become a billion dollar sales company.
My wallet is watering.
Just got back from my favorite Trulieve store. It was packed. They told me it’s been like this all week. As I was there they received a delivery from a greenhouse. They also noted that keeping flower in stock was the key. People come on to buy the ground, and then get some of this and some of that. Average bill was over $100.
They truly understand their clientele
Doesn’t matter. They are planting now. 137 days to maturity. Third quarter numbers are what’s going to count.
And that’s your bet.
Exceptionally well written, and highlights the problems with most cannabis companies today with very few exceptions.
Look at their annual report for 2019. EBIDTA was 178 million. Adjusted is 132.5 million. You can do the math.
Per share pricing is based on all shares, not just trading shares
Nice try
Trulieve has, including the lockup, 112million shares outstanding. LHS has 343million shares outstanding.
That’s just three times as much.
The market values Trulieve at one billion dollars. LHS at 100 million
Now look at profitability and you have your answer.
Have a great Sunday
You misunderstood. Edibles will be available everywhere. LHS, Curaleaf, Suterra, everybody. Everybody will have it. Pricing will be the same everywhere and it will be a nice revenue kick for everybody. And since everybody has it, profitability will be minimal
Econ 101
Probably pretty close. The first two quarters this year should be around $185-million
They understand the sub markets in each category. Hence 400 SKUs. Edibles is just another slice by market by region by store.
Their stock price will depend on one thing, and one thing only, reliable profitability
Edibles are fine. Not a game changer at all. Everybody will have them and marketing edibles will make all dispensaries crazy. The bottom line is still flower. Profitable flower.
As the late JDRockefeller once noted “ Own supply and you own the market”. We own flower.
The fault in that logic is the sales, or revenue, is the determinate in stock prices.
That’s false equivalency.
Stock prices have always been based on profitability, either now or on the near future.
As far as that metric goes, Trulieve has no competition. They are earning $1.54/ share.
LHS is three cents.
You can do the rest of the math yourself.
They need to show profits before the stock goes anywhere
Kind of a softball interview, but the interesting part is the way Trulieve has marshaled its strengths to cope with, and even expand, their footprint in Florida during an incredible difficult market.
It speaks volumes for their credibility and management expertise.
Just like a unicorn
Be careful out there. The virus doesn’t give a damn what the Feds do
Ditto to the last four posts
There will be very little selling. This group is in it for the long haul. Cannibis’ first pot billionaires. You won’t see much selling until the stock reaches $20+/share. And then not much compared to their holdings. I’ve been to this party before.