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First, rec won’t be in FL until 2024 at the earliest. This is a seed to sale state, which means you must grow what you sell. No wholesale on flower. Check the Florida OMMU weekly report for companies here. Dispensaries can be opened at will now, but you must be a grower. Gotta love tight little monopolies
What difference does it make? You should be into this company for the longer term. Their HELLO/BEYOND dispensaries are first class. They are rapidly adding to their grow, and it’s buy on the dips. If it gets back into the fives I’m all over this like you know what.
On yea of little faith. By December y’all be bragging how smart you are getting this stock when it hit the downdraft in early March.
Guaranteed.
As many as I do RWB. I like dealing in thousands
Patience wins the race
Relax.
When we go on one of the US exchanges and the SAFE Act is passed, to the moon, Alice.
Doesn’t really matter. Today the stock swung $3.20 and closed off its high just $1.20. That, my friends, is a momentum stock. If earnings and cash profits are strong, we have another fifteen bucks to run before she rests.
I’ve had High Times cannabis in Nevada. Sorry, but I was singularly unimpressed with its quality
More like a selling of a brand with no oversight on its quality
Just sayin
Perfect. This company is my sleeper stock. Two years from now it will be home run plus.
Good analysis by SA. As for recreational, 2024 at the earliest. Doesn’t matter really. Trulieve is the only cannabis company actually making cash profits and expanding without major stock dilution.
Everything is good. The SAFE act is more important than rec right now.
It’s firming a new base. This is good. Very good. If you’re a trader, these are bad times. If you’re an investor, this is the best of times.
Take your pick.
Lmao. They have a long way to go before Trulieve even knows they are around. You don’t beat a company with two million square feet of exceptional grow with 75 dispensaries by dreaming.
I call it the biggest scam since Donthecon.
Succinctly put. Buy on dips and hold for a decade. You’ll be a millionaire with just 5,000 shares today.
Unicorn.
Onward.
‘nuff said.
I pay no attention to the Canadian firms. Growth and profits are all in the US.
You are kidding
Break even would be about ten dispensaries, otherwise Florida is a risky bet on recreational. Best one could hope for is early 2024. It’s a long way off to pour money into a hole. PV is going to be a trick since it’s not made in Florida.
We are that kind of state. I hope they can pull it off.
I know all about Florida. I live here. The Botanist has one location which sold 83 ounces of flower at approximately $300 an ounce. You can do the math.
Cost of opening a dispensary is approximately $850,000 not counting local approvals.
Licenses don’t mean sh*t since Florida is now a no state dispensary license required if you have approved grow. It’s a completely seed to sale state and will be for the foreseeable future.
Don’t get me wrong, I own a big bunch of RWBYF. But that was acquired because I liked what they are doing in MI and IL. FL is owned by the queen of cannabis and she will bury you competitively. Ask everyone here. Trulieve is the only one really making money. And profits are the only thing. Losing money is not a way to increase the value of your company over time.
Yep. But he wasn’t an investment. And she is. In Spades.
That’s really old news and has no reflection on the company she runs. Otherwise, she’s kicking the pants off everyone else in this industry. Big smile.
And it’s warm and sunny in Florida.
I guess I’m screwed then. Lol.
Brad is paying sixty million for one store that sells less than 100 ounces a week in Florida. I’d rather he focus on making money, rather than spending it on pipe dreams.
Unreal.
Not to be uncovered, but while GTI’s philanthropy is most commendable, I’d rather see real cash profits first and foremost.
Personally, I invest in companies that have a laser like focus on making money. A difference of opinion is what makes a ballgame. I also noted that RWB just purchased The Botanist franchise in Florida for $60-million. They have one store that manages to sell less than 100 ounces a week. For Sixty big ones? This is ridiculous.
The industry is going to get nuts this year.
Exceptionally altruistic and well and good. I often wonder how much money GTI, Trulieve, Cresco, and Curaleaf actually spend on their philanthropy. I’ll bet it’s less than one percent of sales.
But it’s good PR.
The operative word is might.
One can only hope
Going to be interesting, for sure. Could be bribery city.
Very well could be. As I noted a couple of years,
I’m much more interested in the Senate right now
Going to be years before NJ has any traction at all.
PA is going to be the OK Corral for several pot companies.
Just sayin
Best of the best.
Me very happy.
Thirteen million dollar week. What’s not to love
Wow. Sold the gold, and kept the dross.
Good luck with that.
And they can create huge bubbles with their herd mentality.
It will be interesting, that’s for sure.
80degrees and cloudy here
That’s a pretty big bet
Thank you. Kind words are always appreciated
We’ll be close. First quarter is looking like a walk off home run.
Read mine. Thank you.
Nice find. Thanks. And Trulieve stands head and shoulders above the crowd
Fourth quarter $146M. Year 503M. PA gives a nice boost. Net around $12M for the quarter. Remember, they can fund their own growth. Nice, eh?