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Ya think?
Do you think they might know something the rest of us don’t? Like business is booming regardless of what stupid traders think.
Solid OMMU report. Still have about 46% of the entire Florida market. So that ship has sailed. I like what they are doing in WV since nobody does drugs like the Mountaineer State. Adding new dispensaries in AZ and PA should bring total revenue the second half to real close to $400-million a quarter. That’s hitting it out of here.
And Kim - more pineapple upside down cake, please.
And neither am I but it’s always been a long term hold. I don’t care what the pps is until 2024.
Btw, please read Kim’s responses over at Seeking Alpha on the first quarter results and especially their branding success in several of their prime markets. The answers on future M&A activity are pure Fortune 100 quality.
Tru has a great team, and a business genius for a CEO.
What’s not to love.
Buying at these prices is a gift.
LMAO. This company is a unicorn. Take out the onerous 280E and Trulieve is one dynamic money machine.
Onward
Probably increase as folks need a little relief from day to day living.
Congratulations. ??
Got a nice fill at 12.85. I could believe Tru would ever get that low. This is like buying Tru TWO years ago plus. Gift.
I brought another hundred today. This is too easy.
Btw, another Cannabis dispensary armed robbery resulted in a death. The bodies are starting to pile up and the Senate has more blood on it’s hands.
Just buying more. Look at it as a clearance sale at Costco.
I love giveaways
Onward
They haven’t, and it doesn’t.
Mr. steak guy is a quasi troll.
For everybody, yes. Tru maintained its market share. My dispensary contacts say it was “kinda slow” most of the week days, weekends were busy.
My bet is it’s an every now and then thing given the reporting structure in Florida. The new 35-day law here has almost everyone confused. Eventually that will settle down, but don’t be surprised if crazy fluctuations occur. It’s the quarterly numbers that count.
$15.10. Are you kidding me? Got filled. I cannot believe this.
163 dispensaries, 3.5-million sf of quality grow. Killer numbers. And worth only 2.74-billion?
I could give you that 2.74 and you could not duplicate where Trulieve is today.
Gotta like scaredy-cat traders.
I’ll be buying more tomorrow. Thank you America.
Cresco and Jushi are bargains too. But Tru is the best deal. I think 15 maybe very doable and then I’m all in again.
The Feds have to do something and relatively soon. And then BOOM
Picked up some more at $16. This is fun ??
It doesn’t matter what the pps is today. Tru had another gangbusters week, and they just keep getting better and better at beating their competition.
Sooner or later the Feds are going to have to treat Cannabis like alcohol and these top tier players are going to go thru the roof. So I’ll keep buying more.
Patience.
Even the Feds can’t stop this train now. So they have to do the next best thing. Legalize cannabis
If it goes lower than fifteen, my zero mortgage is going up considerably.
Generally speaking an individual dispensary is needed per every 5,000 card holders, so with 710,000 card holders you need about 142 dispensaries to cover the state.
Our problem is the sheer size of the geographical area in Florida, and the need to get local permission to open a dispensary in each location. Which is why so many dispensaries are bunched up by locality.
If Florida ever goes rec, Trulieve’s grow power should kick their sales into the stratosphere
Good. I can nibble some more. I’m like a kid in a candy store right now. Cresco at five bucks. Oh my.
Right around $15- mil a week. Oils are more profitable than the flower which is being discounted like crazy by everyone in Florida
It’s the quality of their flower that keeps the sales up, but from a pricing standpoint it’s gotten very cheap. Ounces now barely over two forty at final price. Oils are rock solid.
The price wars on flower have to be killing Trulieve’s competition. Some competitors dispensaries are now quoting forty percent off. That’s insane.
Lol.
Control is a misused term. Look at it more as a permission to sell a product within a geographical territory. Since for all intents and purposes the playing field in that territory is leveled for all, successful execution is the differentiator between firms.
And nobody markets like Trulieve.
Patience
I remember investors saying the same thing about Apple in 2002. Too much competition and too expensive and they aren’t a telephone company, etc.
I hold for the long term
Onward.
The secret is to wait until your favs are up, and then buy a big bunch. Like when pineapple upsidedown cake is available.
Blocked RT. Maybe he’s too much into why we like Trulieve.
LOL. True, but it’s always been a long term hold. I just accumulate here and there and at the end of 2024 all will be revealed and the rapture will be on us.
Onward.
I’d wait until the second quarter earnings are in. The first half of this year will be a bit rocky, but all indications are both Tru and Jushi will have some interesting upsides.
Fabulous. Muse is an unbelievable vape series. I’ve turned several friends on to it here in good old FL, and they have gone crazy buying different blends both Sativa and Hybrids. The Indica is just plain kickass.
As for RT, it sounds like he either purchased in the $40s, or he’s a troll. For those of us who have been steady in our DD of Trulieve, and have nibbled at lows, I’m a happy camper. MA is going to be a very nice addition and PA should be impressive the second half of this year.
When the SAFE act passes, and it will, even Lady Lindsay says medical cannabis should be legalized now. Trulieve will explode. Get the ridiculous 280E payments out and they are earning a buck a share. And that’s just for the past six months.
Wow. Really liking Cresco at these levels
I’ve said it before and I’ll say it again - the winners in this industry are the ones that truly understand consumer marketing. And so far, Trulieve’s is head and shoulders above everyone else.
Great quarter no doubt. $105-million to integrate the two companies seems high, but then Tru also got $55-million selling Harvest Florida license to Planet 13 which was a fabulous deal.
With the additional of substantial grow and dispensaries I fully expect the first quarter numbers to be very close to $350 to $375-million with a much better net now that the acquisition charges are behind us. Very smart to take the hit all at once.
And with just 145-million shares fully diluted, we are in an excellent position to do another acquisition later this year.
Fair market value is about twice that, so if you like penny stocks this is a real buy
Yep. They are a machine. Everyone I know, and that’s a goodly number, uses Trulieve first for their MMJ regardless of methodology. Why? Prices. Trulieve gives discounts from 10% to 30% all the time. You just have to time it.
The result is high volume, and since they are the most cost effective grower in FL, margins are excellent even at discount
For example, I and several of my friends buy a full ounce at a time. Top line Cannibis at $53 an eighth is $424 an ounce. By using timing we get a full 30% off, or $296.80 for the ounce.
Quality black market is $400 an ounce
If you are a dedicated smoker it’s a no brainer.
The lesson is hire people who are experienced in CPG to run your marketing
And have a CEO who delegates and doesn’t interfere.
Onward
Fifty percent of the market in Florida. Btw, it was over a $15-million week.
Onward
Enjoy your well deserved vacation. March 30th we report. This is going to be Trulieve’s year. Enjoy the ride
We are up a buck fourteen. Chill.
Jushi had a good quarter. Excellent growth, profit down slightly but considering that they spent heavily on opening key dispensaries in excellent locations. That’s ok.
Their dispensaries are consider the best of all MSOs regardless of what Charlie has to say on TV. Grow needs to be improved, but that seems to be a problem with everyone except Trulieve.
In an M&A environment Jushi is an eight dollar stock selling for three bucks and change. What’s not to like.
This is fun. Picked up more Tru around $17 this week and loaded up on more Jushi below $3 along with some Columbia Care and a bit of Cresco.
Two years from now that pickup will be three times what I’m paying. Just like buying Tru two years ago under $6.
I’m in heaven.
Patience and focus on quality
Onward
To you as well