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Re: Drugdoctor post# 12873

Thursday, 08/19/2021 4:22:49 PM

Thursday, August 19, 2021 4:22:49 PM

Post# of 21269
They say hindsight is 20/20...
They say history doesnt repeat itself, but it rhymes...

Everyone is so focused on MSOs...and they value Trulieve as one of the top tier players. Now I have my own thoughts on everyones current ranking...based on my industry projections...but I wont bore you with that theory.

I would just ask this.

If you had the opportunity, would you buy Trulieve if it dropped to $2.20?

Up until recently (not too long before the Harvest acquisition), Trulieve was essentially a beloved SSO and their MSO reach was inactive licenses outside of Florida (until the industry pushed Kim outside of Florida and into Massachusetts and Pennsylvania). Now I dug into some of the numbers for Trulieve. With the exception of the stock price, I thought I saw similarities between two companies; past Trulieve and current/future SHWZ.
Also, based on the information pulled, this shows just how much of an impact a depressed market plays on the stock price of the industry/company:

2018 Annual -- reported 4/10/2019:
Revenue: 103M
Net Income: 43M
Cash: 24.4M
Total Shares: 110M
Stock Price Avg: $15

2019 Annual -- reported 4/8/2020
Revenue: 253M
Net Income: 178M
Cash: 91.8M
Total Shares: 110M
Stock Price Avg: $10

It is obvious that SHWZ is a company just waiting for a catalyst to cause the stock to explode.
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