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I wouldn’t call 13,000 + ounces of smokable weak. Still control over 50% of the market
I stopped by the Stuart store today. Tru had a very nice deal for shake, which works great for making your own brownies . I ask questions. Biz is good. Steady. New store. Better as time passes. I’ll buy some more tomorrow if it drops at all. Loving this.
Remember the old adage. Steady winds bring great sailors. And we already know Kim is always ahead of the game
Bet on people
I’m thinking like a pig at the trough. So much good stuff awaits. First time in 50 years I’ve loved a huge market drop.
Going to be an interesting day. Futures are hitting a minus 350 at the opening. Maybe by tomorrow I can pick up more shares at nine or less. Wonderful
My former squeeze had MS. She smoked everyday and had an eatable before bedtime. Fortunately she lived in a state that was an early Cannibis adaptor, so her illegality was negligible.
She often noted that the THC helped her mentally deal with her demanding job while suffering from MS while the CDB formulations worked very well on her tremors and nerve pains
So from my personal point of understanding I’d say yes Cannibis works
I’ve been saying this since last summer. They are a unicorn. Added to my position today. I think Cowans estimate of $30 a share is totally doable within the next five quarters
No comments on the shot in the head we just took? One more like this and I’m buying more
It’s called not running out of stock
WOW. 51% of the entire market in oils and 57% in flower. They are kicking butt.
And we thank you for that link
Doesn’t matter until the final quarter and year end numbers are released next month. Their honesty and transparency makes Trulieve head and shoulders better than anyone else in the entire industry. As their revenues and profits continue to expand, the stock will surely follow. And command a premium
What’s even better is they can keep all the stores full.
You’re just a load of fun today. Lol. Maybe that’s why we are done pennies. Good info, and it makes Trulieve like the queen of the ball. Going to be an interesting annual report, and an even more exciting 2020-2021. Love long haul companies. Just love them.
My bet is Donthecon pushes for SAFE and then promises the uncoupling of Cannibis after the election. Not before. It’s politics now. Expect three states to go MM and one recreational. Going to be an interesting fourth quarter. Until then it’s EBIDA.
That we completely agree on
Personally I like Bloomberg and he will kick Trumps ass. But he will sign SAFE and that will get the ball rolling well, especially for Trulieve
Completely agree. Always bet on solid management
Been watching this company very closely since last fall. Toronto store now open, and Kitchener very soon. This might be the sleeper of the year. Going to be interesting
Lmao. Their burn rate makes them broke in six quarters.
Absolutely. That was the opening at 9am
Attended the grand opening of the Stuart, FL dispensary. Very impressive, very professional, staff couldn’t be nicer and more knowledgeable. Cool swag also. As I waited I noticed the average sale was around $90 with all twelve stations going full bore. As I left the place was packed. At least a hundred people in the hour I was there
I thought on the way home that I’m buying McDonalds when they only had 45 restaurants. Trulieve has found its template for stores of the future. Probably the nicest dispensary I’ve ever been in and that includes some of the hot places in Las Vegas.
Buying more on Monday regardless of price. I’m a firm believer after today.
Never underestimate these people. They have a plan and their sticking to it. Be the Walgreens of cannabis
When they open Stuart I’ll be there
Stuart is going to be my new home.
Hahaha. It’s a carcass. Just which bones are actually worth money
Buying more tomorrow at these prices. It’s cotton candy right now. Gorge. In six weeks you’ll have big smiles
Finally another state to conquer. Me happy.
I’d be surprised if they were. Kim is far too politically aware. And we have no presence in MA that I’m aware of
Btw, institutional investor holdings have increased to 18% , up from 14% just one week ago.
Very true. Margin matters .
They took a hit on CDB. Big deal not. It’s low margin and you can buy the stuff at the dollar store. Flower and concentrates are your money makers and they shine in that area bigtime.
I was in their West Palm Beach dispensary last night. The place was packed when I got there. Twenty minute wait time. When I left all the seats were full. I wouldn’t worry about their numbers at all.
Fabulous read. Well researched. Need to buy more at this price today
Rapid growth always creates personnel problems especially in a new industry opening million dollars a month shops at three to four a quarter. Build up volume time is basically zero. Gonna have your share of people problems. Been there, done that, still have the T-shirt.
Trulieve is not mentioned because it’s run by a woman with several other women in senior positions. Misogyny exists even in the Cannibis industry
My bad. My brain is still in December.
Gave their employees shorten hours and days off over both Christmas and New Years
That’s meaningless. Trulieve had three less selling days than everyone else and their numbers are outstanding. And they are so far ahead of the pack in sales it’s almost ridiculous
Absolutely. Trulieve is without a doubt the best investment over the long haul. They are making money and controlling costs. That’s a winner in any industry
Yep. And last week across ten stores 96 ounces. Btw, most of that comes from one store. The rest are on “allocation” which means they don’t have any. This company, MedMen, is a Chapter 7 walking. They’ll be gone before summer
Nobody would buy their stores for more than it would cost them to put in their own. Btw, go to one of their stores. In Florida, they suck. No wonder they only sell an average of nine ounces of flower a week per store. These guys couldn’t run a McDonalds.