Replies to post #13476 on Trulieve Cannabis Corp (TCNNF)

[GE_Jim]

FUNMAN, what’s your thoughts? I’ll start the ball rolling here. First the EV is 4.8b I believe, not the 5.4 they mentioned. I see many slants and errors in the piece but who’s perfect. I also see it was written by a hedge fund advisor who has written a total of 2 pieces. {I was wondering when another hedge fund was going to take a crack at this company.
Makes a big deal on WACC and is mystified on how this company doesn’t have more free cash flow.
I was wondering as I was reading this if they factored growth and investment outlays in a new and emerging sector, for the purpose of market share to be important, but it appears they view it more like AT&T and just focus on free cash flow.
But then my thoughts strayed into what are they going to say when this company gets to 20 billion some time {IMO} sometime next year.
Can’t really call him a fool as this is just the 2nd piece that’s been written. But no matter, I normally don’t put a lot of weight on what hedge funds say anyway.
Again, what’s your thoughts

[RangerPete]

It’s a hit piece, pure and simple. Why not pick on GTI or Curaleaf or even Cresco. My bet is this guy doesn’t like woman in power positions.

He is wildly inaccurate, and appears to have no idea about the Harvest combination at all. And even worse he clearly doesn’t understand how agricultural companies even work. You have to grow it first before you sell it. And his biggest mistake is the failure to recognize the financial damage that 280E imposes on all Cannabis companies.

It’s a hit piece.

Onward.