RE:RE:Trulieve Vs. Canopy Comparison Medmen made 7 mil last quarter, has been selling since 2014, is already selling recreational and has a market cap of $2 billion and that's not on a fully diluted basis. Trulieve valued at $1.6 billion fully diluted, made $30 mil, is not even selling bud yet, to only medical patients. At $20 a share Trulieve is valued on par with Medmen which is ridiculous by the numbers. I believe $30 a share is an accurate valuation for where they're at now, putting their market cap just over 3 billion.
want2retiresoon wrote: Looks like Trulieve has really been shot out of a cannon to get 16 stores opened up so quickly . They have competition coming but having 7 total liquor companies would be enough for all too, I would say not knowing Florida that their stores are not the Apple stores of weed like Medmen - but really who ever cared how nice their store was ? The biggest thing is the amount of money being made here which most cannabis companies are all forgetting about as they claim they will be the universes dominant company. Trulieve has sight set on 25-27 stores in Florida and for sure they acquire something in the next month .- most likely out of state .