Trulieve just made another critical first-to-market move…

With a record of 58 storefronts, you can’t get in or out of Florida without bumping up against a Trulieve Cannabis Corp. (OTC: TCNNF) dispensary.


Source: Google Maps

Heck, this map almost looks like I typed in Starbucks by mistake – and gives you a sense of Trulieve’s dominant Florida position.

Here’s another clue to Trulieve’s dominance. Last week, just like every other week, Trulieve sold at least half of the 127,000-plus grams of THC sold in the state.

This year, those sales are on track to surpass $1 billion. By 2025, that number could reach $2.5 billion – and that’s factoring in medical sales only.

(Imagine what that number will look like once this state goes recreational, which can grow a market by three to five times!)

Trulieve has its arms around half of that market.

No other operator even comes close.

Now, edibles are hitting Florida shelves for the first time.

And this is how Trulieve is doubling down on its already untouchable lead…

Trulieve’s First-to-Market Playbook Is Paying Off

It may come as a surprise to you that edibles are only just now hitting dispensary shelves in Florida. But you have to remember that when the state first rolled out its medical cannabis program, it didn’t allow for flower, either.

As soon as that rule changed, Trulieve got its flower products to customers before any other company. And boy, did that move paid off. Flower now accounts for 50% of Florida’s cannabis market!

Today, Trulieve is using that same playbook to become the Sunshine State’s top edibles provider.

On September 5, it became the first company to make a legal cannabis edibles sale in the state – helping Trulieve secure yet another first-to-market advantage that will virtually ensure it is the first edibles brand to capture the loyalty of customers.

These aren’t just any edibles, either.

Trulieve teamed up with major brands like Binske, District Edibles, and Love’s Oven to produce a variety of products that Florida’s medical patients have been clamoring for ever since medical cannabis became legal in the state.

The demand right out of the gate was so high that first-year edibles sales are projected to reach $250 million and could end up accounting for 20% of Florida’s cannabis market.

And with Trulieve’s iron grip on the market, I expect them to claim over 50% of those sales as well. So, right there, that gives us another $125 million in revenues for this already profitable company in just the first year.

Trulieve’s dominance is now clear for all to see.

And as Trulieve expands its dominance in Florida and the United States, you can expect to see its stock move at least five times higher from where it’s trading now.

Make sure you check out these five reasons Trulieve could be the top cannabis company in the country for more on how this company rose to power.

Take care,

Don Yocham
Executive Director, National Institute for Cannabis Investors


Comments

12 responses to “You Can’t Get in or Out of Florida Without Finding a Trulieve Dispensary”

    • It’s my understanding that the techs brought much of the market
      in red territory . Hang in there. One analyst set a target on Trulieve
      At 57.00 and another at 47.00. The fundamentals on this major
      performer haven’t changed. I’m taking this opportunity to buy more!!

    • Hi Dave,

      For investing in startups, you do not need a broker, so that will not affect any of the startups you have invested in.

  1. This seems a bit strange to me because my doctor has advised his patients to avoid Trulieve and has it crossed off its list of recommended dispensaries. Also while I was a director in the Florida Cannabis Action Network (FLCAN) talk at the meetings was very negative on Trulieve. Often mentioned was bate and switch sales tactics. FYI, MUV was the highest rated because of product quality. One of the FLCAN associates was an original investor in Trulieve (before all of the above). I’m sure he as done well.

    I believe Trulieve is doing well because they are further down the implementation street than the competitors. Others will get good results when they reach the same timeframe. Also it seem that marijuana companies are looking at non-Florida markets as better opportunities now.
    You would know that better than I.

    Bob Ohlwiler

  2. I was up 185% at one time. I sold 1/2 my shares at 148% still sitting above 112% last I looked. But only 50 shares. Wished I bought more in that 9.20 range months ago. Kind of wishing I didn’t see) 50 shares or half of what I had. Irk buy more or sit it out with just 50 and ride the next wave op.

  3. how can i make money on cannabis most of all of them are losing money my wife asked me yesterday how much have you made and we are using cannabis and the dogs are i joined venture syndicate and thought it would pay off right away after it sold out. You probably will not answer me.Thanks Bengt Henningsson

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