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Me too. Loving it right now
Just picked up a bunch of shares at 9.90. Christmas came early for me. The shorts are going to wish they hadn’t screwed up. Greed kills.
This is going to create an unholy mess. True hit piece funded by the wolves of Wall Street. The shit is going to hit the fan and I’m buying big time at ten bucks. Their product is A1 and using drones? WTF.
Leaving for LV Thursday. Pahrump Friday or next Monday. Stay tuned
Missed the sinking boat actually. I invest in companies that MAKE money, not just spend it on management. Btw, any firm that purposely sets stock so only insiders control the company is BS. And a loser. No accountability
That’s why this company is a dog with fleas.
If that’s true why did they only sell 80 oz of flower all last week? That’s just eight ounces per store per week. Sounds like severely out of stock to me.
Good luck with this turkey. I’ll stick with companies that aren’t losing multi-millions each quarter, like Trulieve which made 32 million in profits last quarter.
Actually they have been in FL since 2018 when they got their cultivation license. The week ending Dec 13th 2019 they sold 80 oz of flower total. They are incompetent business people. End of story.
The week of December 13th they sold 86 oz of flower. Trulieve sold 10,000 oz. It isn’t even a contest. This is dead money unless a buyout,or hostile takeover, occurs.
And flower constitutes about 40% of sales
MedMen up 30%. Rumors are it’s an acquisition target before year end. BFD. Lol.
Traders are playing our stock. When they quit it’s off to the races
Actually I prefer using a steamroller with top quality flower. Great control over the amount of smoke and a gentle flame.
With fame and great profits come the weirdo lawsuits. Been there, done that. If that’s the whole reason for the past two days, we will be back around $14 in no time.
Normal down day considering the run up over the past weeks. Good time to acquire more shares.
Very nice looking bud. Thanks. I’ll be writing about my meetings with Citation.
Heading to Vegas week after next. Going to be an interesting trip since I have family there and wii be doing some CGOTF research. Stay tuned. I’ll be on-site. Happy Holidays.
Vietnam
MedMen only has four stores worth a shit. Trulieve is supposed to have 44 by months end. Picking up four from the idiots should be relatively easy, we have the cash. Owning Florida gives you substantial clout everywhere else. I like this a lot.
205 dispensaries in Florida. Trulieve has 40 of them
No difference. Price is the price
Trulieve is closer to $400 per ounce
Average selling price is $338 per ounce including taxes
Interesting factoid here:
From Nov 22 to Nov 28 this year, according to Florida UMMC, the following occurred - Trulieve had sales (production) of 216,251 oz. of flower per dispensary (40) while the rest of the industry (165 dispensaries) had 54,625 oz. per.
If that isn’t dominance, I don’t know what is.
Curaleaf, according to the filings with Florida UMMC, produced 1.9 million oz. of flower in the last reporting period. Trulieve produced 8.6 million oz. of flower in the same period.
A key corporate strategy is control of your supply chain. When you own the entire supply chain the strategy is to profitability manage your supply to meet demand. Both today and in the future
We do not have the internal data Trulieve has and I’ll wager their money is focused on future needs for product. Branding is their game now, so the number of flower SKUs gives them an advantage. Hence, the need for more growth in production facilities.
Always bet on companies that focus on the future while meeting the needs of today.
No need to discuss every competitive move you make. Smart. Very smart. Always bet on people and Kim is first class.
Nice open. Low volume. Going to be an interesting day
If they have a gangbuster Quarter it certainly can hit 20. Their weekly report to the State of Florida has been off the charts lately
Comparing Trulieve’s P/E ratio to the pharmaceutical industry is like comparing a Ford Focus to a Mercedes. There is no comparison. Cannibis has become an industry of its own. Drug companies have elasticity in pricing. Cannibis companies do not. Simple as that
I don’t see CURA going anywhere soon. Their store revenue counts are so far behind Trulieve it’s embarrassing and MedMen is a dead duck
In addition Curaleafs stock growth is just smoke. Three months ago it was selling over eight dollars a share
Curaleaf also has no idea how to make profits and their management positions themselves poorly. Btw, their dispensaries suck.
Of course. But that has nothing to do with the underlying fundamentals which must be in place first. Profitability first.
Usually supply does not shrink since that is how stock splits are born. Have a great day Funman. A pleasure texting with you.
Smart. The CEO is the public face of an organization. Now that she’s hired a CMO that takes a third of her day off the calendar. The woman has her act together no doubt about it.
It increases but generally by a much smaller margin than one would think. What drives price of shares is the profit derived from operations. If revenue is increasing and profit increasing at a higher rate you have a unicorn.
Me too. Kim is correct in her focus on proof of concept before becoming a true MSO. As I like to say when Trulieve hits a billion in sales, and they will, holders of the stock today are going to do the happy dance the rest of their lives
As an add-on. PE ratio is outstanding stock issued, and does not expand or shrink based on float
We are discussing actual share price. If you had GE over the past year your return was negligible. Not so with Trulieve. End of story.