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Baller1

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Baller1

Re: None

Wednesday, 09/16/2020 6:39:47 PM

Wednesday, September 16, 2020 6:39:47 PM

Post# of 14223
Trulieve purchased PurePenn (a producer) today for $46M plus a potential earn-out payment of $60M should they hit certain EBITDA milestones. Total potential buyout of $106M. I mention this b/c PurePenn has 35,000 square feet of existing cultivation with plans to expand to 90,000 square feet.

NXG has a similar footprint in terms of potential cultivation but also has an extraction facility. Not sure what that additional facility would be worth, but it seems like NXG could fetch something north of $100M if they were to sell the company today based on the Trulieve news.

That would be in the whereabouts of $.65+

Good luck all... I'm holding tight
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