Replies to post #2455 on Green Thumb Industries Inc (GTBIF)

[FUNMAN]

My after hour posts on Trulieve's board address my concerns about the insanity of the cannabis premium being paid to grow right now in the shadow of looming legalization.

If GTI pursues growth like that too, all financial sanity will be thrown out the door.

We'll start seeing overpayments like the $4B Constellation Brands invested in Canopy. So far, that's the worst cannabis investment ever.

I don't want GTI to go financially insane. I can add up the numbers. IMO I am diplomatically trying to refrain from referring to Trulieve's Harvest deal as insane. The numbers don't add up. Read my posts over there.

GE_Jim Monday, 05/10/21 05:24:53 PM
Re: FUNMAN post# 2452
Post # 2455 of 2455
They got their foot in the door. The price tag is fine by me. It will depend on the next moves the company makes in regards to this state.

Regarding Trulieve and the $2.2B . They must have some good projections and leverage opportunities they see to justify the price.