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Love your optimism, but at this point three openings a month is super for 2022 and that would bring them up to 195. Tru is limited in WV, MA, and AZ by state licenses
Florida and PA are open turf. Expect big growth in both. Especially FL where their grow capacity is off the charts.
They open them dispensaries faster than we can count. At this rate Tru will be over 200 dispensaries by the end of 2022.
Onward
Reasons to love Trulieve:
157 US active dispensaries
Three million sf plus of grow
Most profitable firm in industry
Consistency of products
Dominant footprint in three of the top five markets
Best management team in the industry
So how undervalued you ask?
Right now a single dispensary with associated grow gets $ 35-million. Last month two went for $71-million with grow.
With 157 dispensaries and all sorts of grow everywhere and adding every quarter, Tru is FMV at $5.495-billion. And that’s got absolutely nothing to do with NYSE-ready financials.
Patience.
I’ll take it. Still seriously undervalued.
Additional caveat:
Remember you still cannot move Cannabis across state lines, and Canabis firms cannot avail themselves to normal commercial banking. Until then, they are a no go to the sharks.
They can’t. They get money from the Feds, that would make them an accessory to an illegal drug distribution by an asset over which they have control.
Immaterial anyway. The big buyers would be the ag and consumer product companies. I would expect a premium in the neighborhood of 35-40x sales.
I’ve seen this movie before.
Agreed. I’m still way up with aTru, everything else is underwater. Oh well.
By the end of 23 everything will be just peachy.
Patience.
Btw, visited Tru’s new dispensary in Okeechobee on Friday. Smaller than normal, but very warm and friendly. Excellent product mix. Got there around two pm, fourteen minutes wait on a pickup. Very busy. Good mix of patients in age and gender. Going to be another winner as it’s the only dispensary in a city of 30,000.
Onward.
This is a terrible idea. Just awful. It’s like buying with funny money whose value fluctuations every minute.
Ridiculous
Shhhhh
It’s my secret explosive stock.
Pot stocks are getting a downward push from the market makers who are using this opportunity to add to their corporate accounts. It’s called “banking” in the business.
When pot stocks start climbing, as they will next year, they have inventory to sell you at a lot higher prices than today.
Opportunity doesn’t knock often. Take advantage of the weak at heart, and buy on these dips. Even dumb ass me is buying GTI, more Tru, and Cresco pricing is ridiculous. Throw in Columbia Care and you have a solid mini EFT.
Lots of us are down, but Trulieve keeps expanding, increasing revenues, controlling expenses, and making a profit
Patience
Onward
C’est la vie. This coming summer she’ll be lights out
True. It’s a little gem just waiting for the right suitor.
Fifteen million dollar week in Florida. I’ve been waiting for this, now Tru needs to do these numbers every week and we are a billion dollar revenue company. Can’t wait to see Harvest numbers outside of Florida.
Why can’t every state do this like our OMMU. Damn.
If the stock says cheap, somebody will.
It would be a nice fit and seriously cheap right now
And Queen Kim is a long way from finished.
Very nice, and good for Cresco. Now if we could just use that to increase the share price……
C’est la vie.
As long as the Cannabis companies in the US keep growing and making profits in-spite of the bs 280E crap, I’ll keep nibbling at the good MSOs with Tru at the top of the pile
Eventually the Feds will have no choice.
Patience
Onward
Nailed it.
They are acquiring assets with stock. Eventually they will do a reverse. As long as they acquire productive companies I don’t care. I’ve seen this movie before
They are low balling.
It appears that the serious buyers won’t touch pot stocks until the Feds do something. That might be another year or two. Eventually they have to end the self imposed prohibition they created
As a long term holder I’ll just buy on dips and play more golf.
High Tide did well with its reverse split. Food for thought
This company is a reverse stock split in the near future
Maybe you should read the latest “review” on RWB right there in good old Seeking Alpha.
I love cheap sleepers.
Merry Christmas
Yep. Pardoned all of them traitors So grass should be a snap.
Of course he can issue a blanket pardon. Think the Civil War. It’s not unheard of, and it’s not that big a deal. I’m not talking people with multiple drug charges like crack and grass. Just Cannabis alone. Release them now.
How can you not love this company? Doing it all with clarity and honesty with a solid focus on doing good profitably
This is just the beginning of some massive reverse stock splits. Expect RWB and several others to announce the same in the next several months.
True, but that was before Cannibis became an industry.
Much agreed. I’m rather miffed by Biden’s slow motion administration and especially in relation to the DOJ. He could take the whole bull by the horns and issue a blanket Presidential pardon to everyone incarcerated by Cannabis alone. That would get the whole game off it’s ass.
I would say their aren’t a lot of sellers around. That’s a very good sign.
LMAO. The world gets squirrelly every day
Oh goody. Nothing says love like having a convicted rapist hawking your goods.
Good for Jamie. Known her for years. Should be a great match.
Carlos, the Feds have already investigated Kim and found no smoking gun anywhere with the exception that she has stood by her man.
Please, get over it. And focus on the business
Enron was a scam. Trulieve is the real deal. They aren’t hiding anything, nor are they engaged in dubious transactions.
Let’s all get a grip, and relax. By this time next year everything will be better than OK.
Onward.
LMAO.
So that’s what constitutes business dealings today? Innuendo, conspiracy theories, and just plain jealousy.
I’ll stick with the basics - revenue growth, outlet expansion, and profits.
The rest is BS.