@MitchGordon_@HammanShares@AdvisorShares Ask Noah why then did Dan Ahrens, the COO of AdvisorShares, go on the TDR podcast telling retail that he keeps most of his long term money invested in $MSOX while wearing an MSOX t shirt.
They are straight up criminals. $MSOS
@jfberke@CannaVestments What if rec use marijuana is moved to S3 in just a couple months?
At that point Trulieve will have split up their company for no good reason other than to get listed a couple months early. How will that be beneficial to shareholders in the long run?
@CharlieNabisco@MrKleenHoss@kturet@MSOinvest I didn't say there was a guarantee of it, but that's what could change. You sound like you have a very short term outlook, nothing wrong with that just an observation.
In the long run financial metrics, market share, and growth will determine prices once institutions enter.
@CannaModern@Shrine259 Cresco out competes Trulieve in every single state they both exist in, outside of FL's market which has no wholesale distribution.
@Shrine259@JGriesler Cresco has always gone last on earnings. Charlie likes to see the market reaction to other reports before he speaks. They constantly talk about long term positioning and building their brands, which are currently #1 in four states and likely soon to be 5 states with KY.
@MrKleenHoss@kturet@MSOinvest A positive ruling in the upcoming hearings for S3 rec sales begining at the end of this month and expected to wrap up in July.
S3 with a DEA registration and state licensing will be federally legal if the outcome is positive.
@sammyj_19@TheCrusaderDeux The only reason why you have defended the $MSOS ETF so hard all this time is because they buy your stock when no one would even know who you are without them.
@Shrine259 Maybe they are just waiting on the final decision of S3 for state licensed adult use sales, so they can make a more intelligent decision over the next few months.
I think it would be costly to investors if you restructure your company prematurely when you didn't really need to.
@CommonSens24374@BlitzTradingCo1 4 yrs isn't even that long to real investors.
True price discovery with institutional volume on a major exchange will set these companies free. π
@CommonSens24374@BlitzTradingCo1 Well its true and I expect a run in the future similar to 5 yrs ago. OH and KY are ramping up and they just guided for 10% rev growth QoQ.
I also own some shares that are up 50% in less than a year right now. π€
@BlitzTradingCo1 Just a P/S valuation like Budweiser is a five bagger for Cresco. They deserve a 5x P/S valuation though and would be a ten bagger if that happens.
Alcohol is in decline while cannabis is the substance of choice with over a decade of future growth and demographics on its side.
@BlitzTradingCo1 Cresco Labs is easily the most undervalued cannabis company in the U.S.π
They hold #1 branded market share in 3 states and #1 retail share in another. $MSOS
Current P/S Ratios
πΊ $BUD 2.5x
π¬ $MO 5.7x
π± $CRLBF 0.5x
π± $VRNO 0.5x
π± $TCNNF 1.3x
π± $CURLF 1.3x
π± $GTBIF 1.5x
@TheLifeLeaf@HempMillionaire@TheDankInformer The real POS are the hempers selling unregulated and dangerous bathtub gin products that have enough residual solvents left over in them to kill a small child.
Fck you and your chemically produced untested bathtub gin hemp THC. πΈ
@HempMillionaire@TheDankInformer Nobody wants untested pesticide laced bathtub gin hemp bullshit made from chemicals in a lab, when natural safe and tested marijuana is available to them.
@JoeAnon999@vedadi Some of the better companies are trading at less than 1x sales and below or near book value. They could do more than 2x in short order with all the catalysts at play here.
@PassionFarms_@MarijuanaMoment Hemp is for rope and textiles.
No one wants frankenstein synthetic hemp THC products synthesized from CBD using harsh chemicals. It's modern day bathtub gin. ππΈ
@Boris_Jordan Investors likely believe you are going to issue more shares post split and dilute them that way, to buy more revenue growth through low quality M&A.
Like the time Curaleaf bought companies that mgmt already personally owned major stakes in to enrich themselves. $CURLF $MSOS