Trulieve (TCNNF)

Trulieve (TCNNF)

Postby winston » Tue Feb 12, 2019 5:21 pm

not vested

(TCNNF) The one I like the most is Trulieve.
https://vimeo.com/313083903

They dominate the Florida market with over 500k sq ft of grow space and soon to be 30 dispensaries. No other company dominates a region like trulieve and they are doing it in one of the most attractive marijuana markets in the world with tourism and retirees everywhere to give them their expendable income once full legalization comes into effect.

Financials are attractive.
https://www.trulieve.com/investors

The only public company in the entire industry worldwide with financials that look like an actually profitable and compelling investment.

More than that is their philosophy of business. They don’t make massive acquisitions.

Their 4 million dollar investment in Massachusetts (100k sq ft cultivation license + 3 dispensaries I believe) can easily turn into 4 million a quarter in roughly a year.

This is good for shareholders which btw is majority insider controlled and locked up until July link. Right now fully diluted the company is valued around 1B in market cap.

Compared to peers this is a steal. Canopy saw 10B and this company had better revs last reported quarter in 2018 (annual report due on April 30) not to mention strong profits and all the other important metrics that put its peers to shame.

Compared to canopy’s valuation you can see why I’m so excited about this opportunity.

Source: Reddit

https://www.reddit.com/r/wallstreetbets ... of_a_true/
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