InvestorsHub Logo
Followers 2
Posts 233
Boards Moderated 0
Alias Born 01/16/2019

Re: mellow fellow post# 6836

Monday, 11/18/2019 8:07:08 AM

Monday, November 18, 2019 8:07:08 AM

Post# of 18890
Could be the MedMen announcement was to make a move before the asset sale takes place to reduce damage to their stock price (MedMen). So it could well be that Tru is picking up something from them and we will know the answer soon. I don't know much about them, what states would be considered "not critical to their business" but expect that Florida is too big to leave. even considering their sales in Fl are pretty sad. I can't see those assets helping Tru that much (as everyone says that adding new states is their greatest need in the marketplace).
The license would be 40-50 millions worth of dead weight as there are already 2 licenses in the state available for sale with no announcements (that I am aware) of anyone buying them!
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent TCNNF News