RE:TRUL as a MSOoiljack14 wrote: Florida market is expected to double in size in 2019 and quadruple in size within a few years. TRUS IS and WILL REMAIN the dominant player here. They are profitable and have $95 mm in 2019 EDBITDA projected to add to their dispensaries. They now have access to the California market and have revenue generating dispensary there and they can also start opening other dispensaries or acquiring them as well. So TRUL is operating and generating significant revenue....operating dispensaries in two states and licensed to do so in three and they have the capacity to acquire significant new assets with their free cash flow without diluting share holders. Winning formula if you can be patient.
oiljack, an odd dispensary in CA and a "greenfield" project in MA that has to start from scratch barely makes this qualify in the Multi State category..... and no, not everyone that tries to grow fast has to end up like that sh1t show Medmen: look at specially GTI and to a lesser extent Curaleaf or Harvest which are doing good jobs. One has to wonder why TRUL did even bother going public with that lousybsmall raise, ridiculous float and no raises ever since, they seem to be happy with the 10M wts at 6 that they awarded themselves to deploy 18 months after listing . Something aint smelling good here imo