Replies to post #4397 on Trulieve Cannabis Corp (TCNNF)

[Snapback24]

I have no doubts that trulieve will have a National presence or at the least a big east coast one. But touching on your post. Florida is expected to output over 1 Billion in sales by end of 2021. Massachusetts is expected to be a large user state as well. With 2 Billion coming from just those two states combined in the next couple years, the picture begins to be drawn imo.

Trulieve manages to only hold say 45% of Florida by that time, and secures a 25% chunk in mass. That’d be 700 Million in revs (conservative). Out of just two states. And our MC sits at just 1 Billion now? I think the longs and bigger money see’s this.

Dominating states, making a name a reputation as the go too, especially in a time where easy access is new to communities... might not be a bad idea. If they find themselves holding 20+% Market share in all the states they operate, it will add up fast.


You bring up some great points.

[HoldHigh]

You are correct. Even though a company goes into a state they are regulated state by state as to the number of dispensaries they can open. For example in MA,

A company can sell medical marijuana at three stores and recreational pot at three, the maximum a single company is permitted to own — or control — under the state’s marijuana law.