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HopeSkeptic

04/18/20 2:47 PM

#6968 RE: WithEyesOpen #6965

Possible LHS and Trul are valued similarly as profitable FL-only weed?

TRU average store sells just under 400 smokeable ounces/store/week; and Liberty just under 90 oz/store/week. (lets say 4x) Plus right now Trul has float under 40 mil shares and we have over 300mil. (lets say 9x) so roughly 36ish times .30= 10.50ish... (Give or take some)

So lets see when Trulieve unlocks 10 mil shares late may and 50mil+ late july and float by Aug will be 100mil. Some are saying that could drive Trul down to $4 which would be more equivalent to LHS. .30 x 4 (to account for 4x sales) x 3 (to account for 300mil LHS times larger float). $3.60ish... Could happen on this crappy OTC exchange.

Plus more intangible - Trul has a strong and active brand, publicly active and trusted management and no issues with production. That helps and will help even more when Safe act allows listing on real exchanges.