Liberty Health Sciences Inc. (fka LHSIF)

[Etailer]

I guess they do have 75% of the medical market in Florida according to Seeking Alpha article.

"The value gap create a compelling investment opportunity with current position of dominant player in the State (75% of all the medical market share in Florida) crossed with projected medical market of 1.1B in 2020 (Current 100 millions), and recreational potential of 4B, Trulieve can achieve significant revenues growth in the near future. Ending up with only 25% of all the combined market share (rec+med) would implies 1 billion in revenues"

https://seekingalpha.com/instablog/49332322-paul-samuelson/5217477-trulieve-trul-sleeping-giant

The problem that I have with Trulieve is that when you look up the Company it shows that they only have 11,000,000,000 shares out. This is not true!
They issued Super Voting shares which do not show up when you look them up, you would have to look them up on Sedar. When you see the share structure there all of the sudden you see the money grab.

They went from around 7,000,000 shares to 110,000,000 shares and where did most of these shares go? Most went to corporate insiders. Now if majority of these new shares went to fund acquisitions or build out that would be cool.

CEO rewarded 159,867 Super Voting Shares around $175,000,000 worth of shares 18.75%

Kopus, LLC(2) 140,133 Super Voting Shares Beneficial and
of Record
16.44%

Ben Atkins 112,333 Super Voting Shares Beneficial and
of Record
13.18%

Kopus, LLC(2) 140,133 Super Voting Shares Beneficial and
of Record
16.44%

Shade Leaf Holding,
LLC(3)
150,000 Super Voting Shares Beneficial and
of Record
17.6%

Telogia Pharm, LLC(4)
140,133 Super Voting Shares Beneficial and
of Record
16.44%

Thad Beshears 150,000 Super Voting Shares Beneficial and
of Record
17.6%


So out of the 110,346,346 outstanding shares only approx 11,200,000 is available to the public. The rest are owned by insiders.