Replies to post #7203 on Trulieve Cannabis Corp (TCNNF)

[FUNMAN]

In all fairness, GE makes a ton of money in real dollars. Comparing a 110M O/S to a 8.7B O/S doesn't let you tell the real story.

That said, Trulieve's 10.11x P/E is a beautiful thing. If they can show that out of Florida they can keep opening profitable stores at the same pace going forward, I expect that P/E to expand because it will be attracting more new believers.

Moreover, if they can uplist to NASDAQ after the SAFE Banking Act passes, the expanded shareholder base including institutional investors and index funds will shrink the available shares for trading, further putting pressure on the P/E to rise.