Replies to post #13525 on Trulieve Cannabis Corp (TCNNF)

[RangerPete]

That’s guaranteed pretty much next year. States need the bucks, banks want in, Wall Street is chafing at the bit, and the pressure will be too much. SAFE Act will be first, or at least a derivative that lets the financial aspects of an ongoing business be equal to everybody else.

I don’t see legalization before 2025. Just a fact. This administration is going to do nothing. Just like the last one.

Trulieve is the gold standard right now. With Harvest rolling in, and MA, PA, and a little WV hitting some real numbers, By the end of next year they can easily be at a $500-million a quarter revenue run rate.

[Lostcoastkid]

Let’s have a little fun to test the charts Jim! The neck line of the head and shoulders is roughly 26$ even, .44 cents away from it. TCNNF has dropped 10% in the past 2 sessions….if the neckline breaks I think we see 21$ as that seems like the target. Any thoughts….

By the way, enjoyed your post and discussion. Finally a healthy banter on the macro workings of the market.

Cheers…

LCK