Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Dopey dude. She is not responsible for her husbands actions. Check the law.
Oh, please tell us who and about what. Otherwise you’re just a rumor maker.
It’s an investment. They take time. Trulieve’s numbers were fantastic. And holders will be richly rewarded in the years to come. I wouldn’t even consider selling a single share until 2024 when it will be the McDonalds of Cannibis and knocking down huge cash flows
It’s always darkest before the light
Buying more if it drops back down into the mid 20s.
I might suggest you invest based on business, not politics. You will do much better.
And to think at one time a very long time ago my Cubbies had to use alternative means to acquire pot.
A billion is a run rate of $250-million. They’ll do that plus maybe a little more in the fourth quarter 2021. Fourth quarter 2022 expect revenues over $350-million.
Onward
I tend to agree with that assessment. Tru is still dominating the Florida market with 51% of the flower and 47% of the Oils last week. With the Harvest dispensaries in FL kicking in for the entire fourth quarter, the numbers should be amazing.
Fully expect an M&A announcement before the years end. And I believe the decision has been made that it’s Harvest branding west of the Mississippi and Trulieve east. With a cash horde of nearly $500-million, they can pretty much do whatever they want. My bet is a big increase in grow in the West, and a max effort in MA, PA, and WV for right now.
That would be fabulous, but I think anything above $225M is top drawer
Thanks for the correction
Kim reminds me of General Sherman when asked how he won his battles remarked “Be there firstest with the mostest.”
Onward
If there is anything I would wish for it’s that every state makes all Cannabis companies report every week, just like Florida.
That’s got to be at least 500,000 sf. And two buildings look like another 100,000 + Gotta handed to Kim. She doesn’t do anything small.
She’s a good woman. Most of us should be so lucky
Now back to business…..
Bigtime write off. Ouch
Yes. MA and PA. Which means either a big bunch of new dispensaries or they are looking at wholesale as well.
She knows how to compete.
Onward
Some thoughts:
To support 108 dispensaries at full SKUs seven days a week mostly, you need about 2,908,000 sf of grow, nursery, dry, production & packaging, and office space. That’s now.
Tru is adding another million or so sf as I type. That’s 140 dispensaries just medical in Florida. Rec would be who knows? Another 40% perhaps.
What I do know is Trulieve is mastering large scale retail product of varying quality and across about every form of Cannabis you can think of.
That’s a machine.
Do that in our ten other states and we are the Toyota of our industry.
Interesting, eh?
Fascinating. Consider the fact that over 25% of the world’s population suffer from one form or another of ADHD.
The psych guys are laser focused on this especially in their printed materials.
Could be a huge market I’ve never even thought about. Imagine micro-dosing just ten percent of the human race….every day.
Interesting observation. Must be cold in Mommy’s basement today, eh?
Someone is accumulating. At 2:30pm over 120,000 shares on the buy side over sellers.
I have this feeling, had it for two weeks now, that our dear Kim is up to something. Either our numbers are great, or just ten percent growth; and she needs to make a splash. She’s a damn good M&A attorney, and that’s part of her DNA.
Could be another stock deal. We certainly have the value. And she loves accretion-type deals.
You knows? Maybe both.
Truer words never spoken.
Onward.
Something is going to happen fairly soon. The big banks are putting enormous pressure on their paid for legislators to get this done. According to my sources every month delay is “costing” the banks hundreds of millions in lost revenue by excluding the fastest growing industry in America from normal business practices.
And the Queen of Cannabis rolls on.
Onward
No way they would do that. The Uber religious movement would kill them and that’s 18% of their base. Remember they call it the devil’s weed.
They should be so lucky
Besides, the rumor is his wife is using And has an MMJ card.
Nope. It’s not an Executive Order, but a federal law then. And he doesn’t want to piss off the now second largest industry in Florida.
The banks are cranking up the heat. My cousin is a big IB at Goldman. Says it’s the number one bitch about the Congress right now
I expect mid thirties pushing higher as investors realize what a cash machine Kim has built.
Interesting to note this is after our earnings announcement and Kim already knows the numbers.
The Queen of Cannabis strikes again
Onward
One knows it’s a sector bottom when negativity rules the day.
The next four weeks are going to be a lot of fun.
The word on the Street is the banks are getting pissed at missing out on the fastest growing industry in America.
Expect real pressure on both sides of the aisle between now and the end of the year.
Earnings will be Nov 12. And then, all will be revealed. Word is it will be excellent
Understand.
Our Tru has that part down in spades.
No way. Earnings out next week.
Great article. Confirms my research that price and quality are the two most important issues.
And that vapes are rapidly overtaking flower as the primary profit driver in most dispensaries in Florida anyway.
Top end flower still commands premium pricing, and what’s worth noting is that premium flower sells out exceptionally quickly.
Thanks again, Funman, you are on top of this.
I think it’s the last one. Now known as PSL East.
This quarter should be the last of all Trulieve. After this it’s Gonzilla at the door
In business we don’t really think of an open mind, it’s more the ability to think outside the box.
In a large sense, cannabis is thinking outside the box. Tried and true business principles are important, but even more so is the ability to see an even stronger future with development of a focused approach to a tumultuous market.
Right now our nation is divided like never before. In too many cases common sense has disappeared, and is replaced by blind loyalties. This is s recipe for disaster. So what does this mean for the markets?
It means opportunities for future wealth are a fleeting shadow
bereft of basic values. So it’s back to business basics if you wish to see your asset grow.Revenue growth, profitability increases, and solid sustainable market share will Rule the days ahead. And Cannabis MSOs like Trulieve will prosper and increase in value.
The rest is your favorite dreams.
And if you purchased Trulieve in Feb of last year you are up 166%. So what?
Charts tell you the past
Quarterly reports tell you the present
Investing means you want to see years of quarterly reports going forward
It’s only a game if you trade.
Pigs get rich. Hogs get slaughtered
We call this a washing. More sellers, mostly nervous small time trading types as opposed to long term investors.
We may touch 24, we may not. Doesn’t matter. Trulieve is very cheap at these prices. So is Columbia Care, GTI, and Cresco
It’s like an all-you-eat buffet. Literally any of them could triple by next December. You pays your money, and enjoy the show.