Thursday, May 23, 2019 2:10:18 AM
If Trulieve maintained 50% market share of that figure, we would see revenues of 363 Million... or 90-91 Million per quarter entering into 2021.
With current revenues of likely 41-47 Million for Q1 2019, this seems completely reasonable to obtain in USD.
Now think about a profitable company like Trulieve bringing in those kinds of revenues, and imagine they used their whole 250 Million prospectus at 12 bucks a share even... 250mil / 12 = 20.8 Million more shares.
That would have us at 363 Million in annual revenues entering into 2021 with an O/S of 132 Million...
You do the math, thinking as an investor and not a trader, and see the value here.
All figures alone based in just Florida.
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