Trulieve Cannabis Corporation stock discussion
TCNNF Right now there is a strong indication that Florida will pass the Trulieve sponsored Recreational Marijuana Amendment with 66% of the vote. This will exponentially expand Trulieve's market in Florida while the amendment provides for no new competition for them. This plus the Fed government looking to complete the rescheduling of marijuana in the next two months opening up lower taxes and higher profits for Trulieve makes me rather Bullish on
TCNNFTCNNF Lots of good news for Trulieve lately including Florida being on the verge of passing the recreational voter initiate Trulieve created which is even picking up support from Republican legislators. They are also making headway in other states and on a Federal level we are soon going to see the rescheduling of cannabis which will allow Trulieve to save a great amount in taxes leading to higher profits and great cashflow/market expansion.
TRUL short position 1D
TCNNF It has held the Support at 5.80-6 since March 2020 which is the strongest support. It could see soon 9 and 10 levels.