I know all about Florida. I live here. The Botanist has one location which sold 83 ounces of flower at approximately $300 an ounce. You can do the math.
Cost of opening a dispensary is approximately $850,000 not counting local approvals.
Licenses don’t mean sh*t since Florida is now a no state dispensary license required if you have approved grow. It’s a completely seed to sale state and will be for the foreseeable future.
Don’t get me wrong, I own a big bunch of RWBYF. But that was acquired because I liked what they are doing in MI and IL. FL is owned by the queen of cannabis and she will bury you competitively. Ask everyone here. Trulieve is the only one really making money. And profits are the only thing. Losing money is not a way to increase the value of your company over time.
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