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Saturday, 03/02/2024 12:54:38 PM

Saturday, March 02, 2024 12:54:38 PM

Post# of 18535
An unusual Gem! A good yahoo Finance Post!
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From Jame$ thanks!
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Remember there are only 870,000 ish medical MJ patients in Florida. FL population is 22 million and 100 million tourists visit per year. 17% of Americans smoke MJ. That’s smoke only not use. 17% of 22 million is 3.74 million. 17% of 100 million is 17 million. So on these approximate stats, when rec hits, MJ users in FL alone will go from 870,000 to over 20 million, a 23 fold increase or 2,300% increase. If Trulieve sales of medical MJ alone are expected to be $1.5 billion, multiply that by 23 and we are looking at $34.5 billion in annual revenues just for Trulieve, assuming capacity for that level, which won’t be realistic. Now realize that 65-70% support rec sales. With legality there will be a lot of newbies buying too. These numbers are not intended to be perfect but they are based on real stats. This gives you an idea about the astronomical realities as a Trulieve stockholder.
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