Trulieve Cannabis Corp (TCNNF)

[HopeSkeptic]

Thought that Liberty Health (currently $.30ish) and Trulieve ($9-10ish) are valued similarly as FL only, profitable weed cos? Rationale with rough math below...

TRU average store sells just under 400 smokeable ounces/store/week; and Liberty just under 90 oz/store/week. (Let's say Tru 4x better) Plus right now Trul has float under 40 mil shares and LHSIF has over 300mil. (let's say 9x) So roughly 36ish times .30= 10.50ish... (Give or take some on each number just for the quick figuring...)

So let's see when Trulieve unlocks 10 mil shares late may and 50mil+ late July and float by Aug will be 100mil. Wolf and others are saying that could drive Trul down to $4 which would be more equivalent to LHS. $.30 x 4 (to account for 4x sales) x 3 (to account for 300mil LHS times larger float). $3.60ish... Could happen on this crappy OTC exchange?

All this could be countered by two more excellent quarters of growth (q1 and q2 reporting right before the unlocks), changes in unlock date, amount? (as they have done 2 times before), safe act, etc...