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FUNMAN

11/22/19 2:53 PM

#7084 RE: Mlady #7081

May 28, 2019 ... Mlady ... your news is 6 months old.

One thing that makes sense:

Trulieve's expenses have to go up when they enter new states.

Couple that with the fact that their margins in new states cannot equal their Florida margins without the efficient seed-to-sale scale they've built there.

Not being the first or second mover into the state means their competitive success path is a bit steeper too.

I'm just say'n.

Go Trulieve!