Trulieve Cannabis Corp (TCNNF)

[Snapback24]

In relation to industry peers, yes. Based off EPS and a 30x multiple though, we are growing reasonably. Those that hold the course will be rewarded.

I believe analyst eps estimates are taking into account potential shares being added onto the O/S through the prospectus later this year. Although, no raise may occur, it’s a 2 year prospectus. (Though some raising is likely and healthy)

But based off what I see in our growth so far, not adding additional shares through a raise into the equation, and strictly 111 Million.

Low 232.6 Million (2019) EPS .73(30x) = 22.00USD per share

High 254.0 Million (2019) EPS .80(30x) = 24.02USD per share

Just my thoughts... these change as the environment changes in the sector and legislation.

Comparing 3 analysts... they are getting 2019 estimates of

Low 232.0 Million EPS .48
High 239.0 Million EPS .72

Using my predictions that would be an increase in MC of almost a Billion dollars in one year. That’s awesome steady growth. Assuming the same discipline is executed in 2020, 30-35 USD is totally doable by end of 2020.

Remember that this came online in what September 2018? That’s really amazing performance, imagine if serious legislative change occurs along the way. And we will almost certainly be entering Georgia soon... since they have lobbyists active there.

GLTA