With there being a lot of available property in the NW Florida area, I would think that TCNNF could decide in ten years to abandon their lease and build new facilities, assuming they had a stock pile of money like Apple. A lot can change in ten years. I'll probably be saying, I remember when I was able to get into this stock below 10$ and now it's 200$ or more.
I tried to comment earlier that the property is essentially worth what it was when it was abandoned in a town with a depressed economy in a country where manufacturing is nearly gone. The investment was in Trulieve and what they have done there not the "it used to be an abandoned factory." This is a business, so owning a property is not their basis for income, the use of it is. The investment is only positive as the proceeds will push the enterprise into new frontiers. (I am sure the Trekkies out there will love that phrase!) Maybe after there is a building in Jefferson County they will do the same there. But maybe not. It will be the high tech automated system which even that will probably be old fashioned ten years from now. The Quincy facility may not even be used after that.
News 
Market Data 
Discover 
AI
