Trulieve Cannabis Corp (TCNNF)

[GE_Jim]

Hello gatorman96. Well, that’s a very good question. And, at this current time an unknowable one. But here, lets go just a little deeper. You can have one reasonable person say by 2025 this should be at 20 dollars plus. Another reasonable person could say 2.00. From here either answer could be correct. Why is that? Because we don’t know what is going to happen with many things that still have to be determined.
SAFE banking issue, schedule 1 to 3, when we really need is de-scheduling, what exactly is the DEA going to say, and far more important what is the FDA going to say, along with the policies, procedures, testing, potencies allowable and rules to follow. IMO FDA could make this far more difficult with their approval than what we have now. How big of a tax per oz will there be. And what about the black market, with those testing cost, restrictions, tax being applied, will it push more sales back to the black market? Then there are the state-to-state issues in regards to fed legal. And frankly many more areas to consider.
When all that is known it will be easy to project. But for right now it’s nothing more than guess your best on outcomes and time lines.
I will say from my own point of view I don’t know what will be. And I believe nobody anywhere does.
So, best advice I can say is play it as it comes.