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Bullboard - Stock Discussion Forum Trulieve Cannabis Corp C.TRUL

Alternate Symbol(s):  C.TRUL.NT.U | TCNNF

Trulieve Cannabis Corp. is a vertically integrated cannabis company. The Company has established cannabis operations in three hubs: Southeast, Northeast, and Southwest. Its three regional hubs are anchored by market positions in cornerstone states of Florida, Pennsylvania, and Arizona. The Company operates in regulated markets that require knowledge in cultivation, manufacturing, and retail... see more

CSE:TRUL - Post Discussion

Trulieve Cannabis Corp > LP investors will move to MSO's
View:
Post by Oldweed on Jul 14, 2021 3:39pm

LP investors will move to MSO's

Writing is on the wall, todays dip was just nervousness seeing the selloff in LPs. MSO's will have free reign in USA for some time to come.
Comment by ilvmyt5s on Jul 14, 2021 6:23pm
lol yeah with their 25% federal tax...
Comment by CMOREGAINS on Jul 15, 2021 12:23am
That 25% Tax is outrageous! It's not supposed to be until 5 years increasing each year. But this will quite possibly fuel the black market. All I know is I thought this legislation would cause my cannabis stocks to skyrocket today. They started out really good and then they plummeted! Seemed like it was setup this was with insider short sellers pulling strings behind the curtains. This market ...more  
Comment by Oldweed on Jul 15, 2021 9:39am
A big part of the movement to legalize is social justice and reform,, these programs are to be funded by the taxes collected from MJ business. This rate is to increse gradually to 25% over several years based on revenue. Regular tax rates for large caps probably sits around 15% depending on where you operate so they are looking at an eventual 10% increase to that over time. Considering MSO's ...more  
Comment by CMOREGAINS on Jul 15, 2021 12:19am
I hope you're right! I know what an MSO is but what's an LP again? Thanks
Comment by Oldweed on Jul 15, 2021 9:30am
LP (Licensed Producer) term used for Canadian growers licensed to produce MJ products within Canada.
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