RE:RE:RE:RE:RE:For new TRUL investors. At the end of the day regardless of shot term stock price this play is the only one on this scale that is not bleeding cash in the sector. TRUL is immensely profitable. The amount of profits at this stage will give TRUL the capability to grow this business at the scale of some of the major players that are using major amounts of dilution or debt. This is a very low risk investment for this sector for the main reason of the risk for further dilution is low. Companies like ACB for example bleeding over 200 million in a quarter will likely need many more financings prior to profitability, risking the shareholder value.
Think about all the upside in Florida alone once edibles, and flower become available. With 24 retail locations available to sell these products at, and a growing customer base of 10,000 new patients on a monthly basis. The advantage that companies have operating even in a medical market versus the full blown legal Canadian market are also very hard to ignore. The range of products, brands, less restrictive packaging, and much higher pricing will continue to give plays like TRUL a major competitive advantage when it comes to profits.
When you consider the local dominance that this company has had navigating in an extremely restrictive market from a legal perspective, the future looks amazing. We need to remember they are not even allowed to use the mail system to deliver their products. This company is running every aspect of the supply chain from production - manufacturing- packaging - retail - delivery ect on a State scale. The learnings taken from navigating a very profitable business on the local, scale can be taken and applied at a national or even global level.
What do you think this company will do with the hundreds of millions of profits over the next few years? I believe people are fools to part with any shares at these levels. There simply is no comparable company in the sector to TRUL that has delivered profitability on this scale at this point. They have done this handcuffed with very strict laws and guidelines as well.
I will choose to hold this long term, as this market developes, I feel it's the safest play out there to do this with throughout the sector. They are a proven winner already, and have led revenues of all companies out the sector over the last year.
RogJR wrote: lashout wrote: So no one is bothered by the fact that Truliege is the biggest percentage of shorts since the beginning of February...check out shortdata.ca under CSE!!!
ABSOLUTELY NOT... What’s to be worried about unless you’re day trading... Go invest you money in GIC’s or Bonds if you cannot handle the risk. Hey Lashout, give me one reason not to invest in TRULIEVE.... Good luck trying to convince me. I can give you multiple reasons not to invest in MMEN, ACB, APHA, Namaste...
TRULIEVE Short-Term Catalysts: Earnings, Lifting Dispensary Cap in Florida, Lifting Smoking Ban Florida, Edibles, Additional Dispensaries, setting up Massachusetts, California expansion, partnership deals.