FL

Own_Fold_5212

Completely agree haha. Had FL passed amendment 3, I would have seen the case to compare GTI and Trulieve but Ben is a genius. GTI will hopefully go on offensive this year when nobody else can (courtesy of no future tax liabilities, great liquidity ratios, and net income adding to that cash reserve). Also, GTI fundamentals benefit from rescheduling given they’re only one paying 280E 😂…so all of a sudden (if it happens) they have extra cash and no need to spend it on litigations or save for that tax liabilities. GTI revenue growth with limited stores is also very impressive. How they move more units to offset compression is beyond me.

Own_Fold_5212

Man, opening 33 new stores in a year to get just above break even on revenue (1%+). If FL goes rec they are well positioned with most of their footprint in FL…but that’s much effort to offset compression is crazy. It takes cash 💰 to continue to open stores like that, with the 280E uncertainty and debt they really need to start reducing new store expansion.

Working_Violinist605

100% of the distribution is taxable if you are under age 59 1/2. In your example of a $10,000 distribution. It’s all taxable and a 10% penalty applies. You would NOT receive $9,000. But that has nothing to do with the penalty. You’d receive $8,000 (or less than $8k if you live in a state that also has mandatory withholding requirements). Let’s say you live in FL (no state taxes). You’d receive $8,000. The plan administrator withholds $2,000 and send that amount to the IRS. Withholding does NOT equal your liability. It’s merely an estimate of what you “may” owe. What you actually owe (your liability) can only be determined when you file. Your $10,000 gross distribution amount is added to all you other income earned in the year you took the distribution. Let’s say you earned $100k from work, your total income will be $75k + $10k premature distribution, or $85k total. Let’s say there are no deductions or credits for this example. I know that’s not the case. But it’s not important for me to demonstrate the point. $85k total income may mean you have an effective tax rate of 24.67% or $20,970 on your $85k income. But the $10,000 distribution actually cost you $2,467 + $1,000 = $3,467 (or about 35%). You only withheld $2,000 from your 401k distribution. Consequently, you need to write a check for the 4.67% difference PLUS add in $1,000 for the 10% penalty. So $1,467 total just related to the $10,000 distribution. You DID NOT pay taxes on that $1,000. You PAID $1,000 in extra federal taxes related to the $10,000 distribution because it was premature. Again, you may be trying to say the same thing, but you’re not. And if you are using chatGPt because you don’t understand how this works, you probably should stay out of the conversation. I’ve been doing this longer than you’ve probably been alive. The 10% penalty is not taxable income. It’s a penalty you pay.

heliumbox

TCNNF's margins the only thing holding the earnings together IMO. Teetering on the edge of unsustainable liabilities. If compression takes hold in FL the way it has most everywhere else Trul is gonna have a whole lot of eggs in one basket.

CannaVestments

Overall a solid start to 2025 for Trulieve with results ahead of expectations and an industry-leading margin profile. OpEx was elevated with new store openings (+6 QoQ and +33 YoY) and now additional campaign contributions ($23M in Q1) as Trulieve once again leads the adult-use ballot effort in Florida, this time for 2026. The challenge of 280e obligations remains pivotal, with the uncertain tax position up to $501M and a very different cash flow profile depending on the outcome ($51M in OCF w/o 280e payments vs -$5M if 280e taxes were paid). The FL business clearly continues to lead the way, operating efficiently in the face of price compression in the state as margins remain near multi-year highs. Full review: **Revenue:**  QoQ: $301M to $298M / YoY: $298M to $298M *Down 1% sequentially and flat YoY was ahead of consensus ($294M), led by 6 store openings in the quarter (3-FL, 2-OH, 1-AZ). Note that Trulieve has opened 33 additional stores compared to last year (229 vs 196) reflecting that new store openings are mostly offsetting same-store-sales declines. Retail:wholesale split was 95:5.* **Adjusted EBIDTA:**  QoQ: $111M to $109M / YoY: $106M to $109M *Down 1.8% sequentially but up 2.8% compared to last year, well ahead of expectations ($97M). Margin was very strong at 37%, flat sequentially and up from 36% last year.* **Gross Margins:**  QoQ: 62% to 62% / YoY: 58% to 62% *Another industry-leading posting here, with the scale of the vertical FL business continuing to pay dividends in the face of price compression in the state.* **Operating Expenses:**  QoQ: $186M to $150M / YoY: $128M to $150M *Down sequentially but up YoY, with adult-use campaign contributions in FL driving a lot of the changes ($9M last year, $55M in Q4, and $23M here in Q1 as trulieve starts to spend for the 2026 ballot.) Adjusting out, would have been $119M last year, $131M in Q4 and $127M here in Q1.* **Operational Cash Flow:**  QoQ: $31M to $51M / YoY: $139M to $51M *Lots of fluctuations around tax-payments and campaign contributions. $51M in operational cash generation was aided by $57M in unpaid taxes that went towards the uncertain tax position/income tax payable, but also included the $23M spent on campaign contributions. Adjusting for both, adjusted OCF was +$17M in Q1. CapEx was $17M to start the year so adjusted FCF was essentially break-even and $34M on a reported basis.* **Cash:**  QoQ: $299.2M to $328.5M / YoY: $320.3M to $328.5M *Cash position rises with OCF generation, but so do the liabilities. Uncertain tax position now sits at 501M, highlighting the importance of their challenge of 280e obligations along with $479.9M of debt outstanding.*

Flying_Birdy

Yes. California prices haven't been impacted much by the cost of insurance yet mainly because housing supply is extremely constricted due to low building rates. The cost of insurance also hasn't impacted prices much since 1) the FAIR plan is effectively subsidizing home owners by constantly under charging rates and 2) existing CA home owners tend to be wealthier and can more easily absorb the cost of insurance and 3) the department of insurance in California has been slow to approve rate increase filings, which has also kept prices low. CA is basically in the early stages of a crisis (where FL was like 6-7 years ago).

tinverse

Yeah, my understanding is that there really aren't any home insurance options left in FL. So the only people who can afford to live there anymore are the people who can afford to walk-away if their homes blow away. Pretty sure there are some parts of Tornado Alley and California experiencing similar issues with home insurance.

Flying_Birdy

It's regional correction, but the regional correction is so large that it's having visible impact on national averages. Southern states like FL and TX went through a massive property price and building boom in the last few years as people migrated into those states. But as the in office work mandates returned, the net migration reversed and we're now seeing outflows back into the NE and west coast. All this is happening as all the house building projects from late-pandemic era are nearing completion. There's basically a huge surplus of new properties, and a reduction in demand, simultaneously, which is hitting prices hard. It doesn't help that FL also have other costs of home ownership skyrocket (eg. Insurance). those costs are further driving down property demand.

Ali_Cat222

I'm surprised I haven't heard of them trying for Disney's "Celebration FL" 2.0 currently. Especially after Texas just voted yes for Muskolini to do his own corporate company town the other day... Ugh 😖 (I listen to a hilarious podcast called "the big flop" that covers historical or cultural flops, the [episode about Celebration, FL disney is hilarious 🤣](https://open.spotify.com/episode/6lmbsfigIz49XYPB59HuR6?si=j8owR1XNSlOjeeSVrFMAGg)

Various_Art385

Did you use the 699FL promo code?

Various_Art385

Did you use the 699FL promo code?

shadowpawn

Those boomers to boom at the Villages in FL. [https://billontheroad.com/heres-what-i-learned-after-one-week-in-the-villages/](https://billontheroad.com/heres-what-i-learned-after-one-week-in-the-villages/)

danvapes_

Wtf you smoking. I was agreeing with the person that the services in FL are lacking compared to other states.

31AndNotFun

These don't exist in FL apparently

31AndNotFun

My app has no deals for breakfast in central FL. There used to be a free hashbrown with breakfast sandwich purchase, but a egg bacon sandwich biscuit with a large diet coke is like 9$ alone, even with the free hashbrown LMAOOO. Wendy's meanwhile has it at about 5$.

31AndNotFun

The deals in central FL are fucking terrible. Like genuinely, there are no breakfast deals on it anymore and it's 10% off after spending 15$. I only go for Breakfast, or at least used to, and now there's zero reason to go to Mcdonalds for me.

Revolutionary-Yak-47

Omg you're hilarious. I've been in hotels in Denver, Detroit, South FL, LA, Tampa, Orlando, and Philly that were nowhere near food after 3pm when the lunch places closed. Atlanta was technically walkable but the night I ventured out I got attacked by a homeless woman who got in my face screaming (luckily there was a cop right there who handled it). We also had a knife fight right outside our hotel there, security wouldn't let us leave the one evening for several hours. Yes. Downtown was both walkable and charming. *Eyeroll* If I'm traveling for work, we don't get a car and I'm not taking random public transport around a city I'm unfamiliar with in the dark.  Call me when you've traveled more of the world. 

winnie_the_slayer

A few years back, Dimon said the biggest threat to JPMC was fintech startups. I believe he was correct. Problem is, the tech culture at JPMC. They fired a bunch of bankers and replaced them with software developers, which also makes sense. But instead of paying something on par with big tech companies, JPMC went the cheap route, opening offices in Columbus OH, Orland FL, Dallas TX, and hired WITCH immigrant consultants, pays bottom barrel compensation, and is an utterly miserable place to work. Think long benches with no privacy, elbows touching the dev next to you, with an egregious big brother surveillance culture. No self-respecting SWE works there. which means there tech is subpar. They have a strong position due to sheer size and reputation, but I expect we'll continue to see fintech startups grow and nibble at the edges, and take more and more. just my two cents.

azure275

Well, you hit supply, and you hit demand, the result is likely stagnating. No supply means prices won't go down, and no demand means they won't go up. This could be very bad news for sellers in areas which are already supply heavy like FL or TX though

Uberperson

$4.19 for a double cheeseburger in central FL, at that price I'm hitting Culver's all day

MangoFartHuffer

3$ soda here in FL for a large 

FSU_8

It’s just common sense. The billionaires aren’t going to put up with their money getting messed with. They will tell 🥭 to cut the bs like they have been. China owns us compared to imports/exports. Also you should move to FL… no income tax already 😎

Cheridan22

FedEx has been laying off all over the country. They had layoffs in 2024 and even more are coming. They have started closing stations too, this started last year. The layoffs that are coming soon at FedEx are in Lebanon, Tennessee as well as Bay Area, California, Oakland and Emeryville, West Boylston, Massachusetts, Raleigh and Durham, NC as well as Jacksonville, FL, 4 stations in Naples, Punta Gorda and more to be announced soon. If more people don’t start ordering smaller items from Walmart, Target, Home Depot, Lowes, etc instead of going through Amazon, UPS and FedEx may not make it. FedEx is trying to downsize and move to a 2.0 system because the struggles have been massive over the past few years. Now it looks like UPS is facing similar problems. That will be a lot of unemployed people this year. Walmart Plus is $12.95 a month and offers free next day and 2 day shipping. From what we’ve been told it’s the smaller items like Ibuprofen, cold medicines, batteries, chargers, tooth paste, deodorant, face cleansers, body wash, febreeze, etc that FedEx and UPS need to be delivering more of, to keep their doors open, as most people purchase smaller items now from Amazon which has really hurt these other companies.

manualCAD

I thought he has always been saying deschedule, but it doesn't make sense when you compare it to him voting no on A3 in FL. I know there have been some poison pill cannabis legislation at the state level (MO almost gave control of the cannabis industry to a popular lawyer in the state?!?), but I didn't think FL's had anything that bad...? Unless I missed something

xvvxvvxvvxvvx

Give me: - 3 Baltimore ni🥷as - 30 Samoans 🇼🇸 - 12 Chicago ni🥷as - 5 NOLA punks - the 2004 Detroit Pistons - Draymond Green - 2008 LeBron - DaBaby - Solange - 1997 Mike Tyson - Floyd Mayweather - 20 FL man/woman & some Hennessy & we bringing home a Givenchy Silverback fur coat 🦍

MatrixOrigin

They are quite under developped in FL, even by medical market standards. Nothing wrong with further developping their brand in FL (still high margins)

miromar65

What car or truck should I get? Want something fun and reliable. I live in FL.

Own_Fold_5212

A little surprised by this one. With the price compression and overcrowding in FL (lots of ramp up assuming amendment 3 would go through), wonder if the strategic thought is a lot of companies there won’t survive and then they’re well positioned for the legalization long term. They can weather the storm others can’t with their balance sheet and fundamentals. Any thoughts? GTI has a habit of making good business decisions constantly, wondering if I missed something for FL.

jjwhitaker

Maybe DW can lower prices and encourage domestic travel... But I'll spend my money in CA at DL before FL.

Euphoric-Use-6443

You support child labor? Do you live in FL?

_han_shot_first_

Would love to know where in GA, SC, or Northern FL all these factories are currently being built. Hyundai has been building a massive robotic plant outside Savannah for the past several years that all earth-moving heavy equipment in the region has been essentially locked into use here for at least the next year. Any new factory in this area is in the planning stages at best.

westee0

Puts on FootLocker ($FL) anyone?

codesplosion

I was driving around FL last week, HOLY SHIT are there a lot of personal injury lawyer billboards.

greytoc

Sorry - I wasn't more explicit. It depends on the state because of things like taxes. Your tax bracket also matters because on a post-tax basis, the yield on products like tax-exempt munis may sometimes make more sense. Your risk tolerance also matters as well as your liquidity needs. For example - you said you are in FL and you don't have liquidity needs for potentially 2 years. I personally wouldn't use a HYSA if I don't have liquidity needs. I would simply use a target maturity bond fund - probably a mix of treasury and investment grade funds with maybe a small allocation of high-yield bond since the duration is short. 2027 treasuries are about 3.81% 2027 investment grade are about 4.6% 2027 high yield are about 7.2% You can also use TIPS funds if you are worried about inflation but want better credit quality. And if you want bank products like CD's - brokered CDs generally can be more competitive than using a non-marketable CDs at a specific bank. Basically - you can get as fancy and complicated as you want. My point is that brokerage account will always offer more flexible solutions than trying to chase yield in a HYSA.

LifeguardLeading6367

I am so worried about FL! I can’t sleep! /s

manualCAD

I wonder what the current state of these stocks would be if A3 had passed in FL?!?

JewishDraculaSidneyA

Gary Kim, 61, owns a Korean grocery store in Palm Beach, FL and was reportedly approached by the US leader while hosing off his sidewalk. "I think he thought I was Chinese, or something. PepsiCo is really grinding my gears lately on supplier pricing, so I figured I might as well negotiate with the guy."

CriticalCurrency5725

The powers-that-be have got DJT distracted with flag poles today, and he'll leave for FL tomorrow. So, shit hits the fan again next Tuesday or Wednesday.

dudemanguylimited

What powers you ask? I dunno how 'bout the power of flight? That do anything for ya? That's levitation, holmes. How 'bout the power to kill a yak from 200 yards away... with mind bullets! That's telekinesis, Kyle. How 'bout the power to move you? [https://www.youtube.com/watch?v=FL4HSiGvk68](https://www.youtube.com/watch?v=FL4HSiGvk68)

slip-shot

Exactly. The collapse of condo prices in FL is 100% the fallout of the collapsed condo in Miami Beach which resulted in all condos needing to have sufficient funds, not having them, and having to do special assessments to meet the legal deadline. 

BroadSword48

Why is a rep who lives in Colorado in Orlando FL rn?!?

GreenEngineer24

I need golf buddies, you in FL?

johannthegoatman

>Plenty of people saw Obama give the banks their bailout at the cost over everyone else Banks paid back all the bailout money plus interest, taxpayers made money on that. If we bailed out all the idiots who bought mansions in FL they couldn't afford, we'd never see that money again, just funding people's bad decisions

traderbusto

Central FL here and anecdotally I've seen twice as many Rivians on the road as in years before 2024

true_to_my_spirit

I'm an American that lives in Canada, and spent close to 15 years in Asia. You have no idea how many ppl brought into that propaganda as well. In Asia, they think we all live in mansions.  A lot of Canadians think we are some badass place as well even after they hear all our issues and travel across the states. It's really weird. It's shifted recently but conservative canadians would gladly move TX or FL and "not pay any taxes." Lol

DennyDalton

Sorry it was so rough for you in 2020. I'm long since retired so not blowing up has been my number one priority. I hedge individual positions and occasionally buy some long dated index puts for tail risk. In 2020, I had a number of 1,000 share positions. Most were down hard. The worst were DOW and FL down \~50% and CCL down \~80%. With the hedges, overall I lost less than 10% which was easy to recover from.

Byte606

The difference between Boebert and the Republicans politicians here in SW FL is that she believes the nonsense while here they just regurgitate lies to gain political power.

DW6565

I will always remember talking to strippers in FL in I would say, 06-07. They all had investment properties purchased with cash. I met this one mortgage broker and his entire deal was condo investment properties for strippers. He would go to a club and write mortgages for half the staff. Cash heavy business. Sorry OP I don’t know what strippers are saying now but what ever it is; it’s could be relevant.

Own_Fold_5212

GTBIF has been profitable while paying all 280E and has liquidity ratios that would look great in any industry. They’re also doing share buy backs in this industry 😆 It was impressive to see them also grow through unit sales with price compression. Their growth is sustainable, so it was slower location growth but given their profitability and cash they can keep on going while others slow down. They’re an outlier on fundamentals. And they’ve kept their leadership team together. Ben also seems to have a gift of hedging well for the future, they didn’t go all in on FL but still have a sizable footprint. Ben is a little shy on sharing details for future plans (still not sure what the Agrify play is) and can say some weird things on X. But they’re the industry outlier and can survive without any reform.

SpecificOk1146

Uninsurable properties in TX and FL look cheap.

gg562ggud485

Here in FL, everyone is buying a brand new car, building a pool or getting a boat.

RagingBearBull

visiting a city in the US that is not NYC is wild. Is it illegal to be obese in NYC? because holy crap FL is fully of obese people, you would think because the beach is right there people would be conscious of their appearance but no. and that is precisely the reason why manufactring wont return to the us.

TheeAlohaRoss

Don't stay in BKK. It's a concrete jungle. Great for shopping and partying. But there are so many better places to visit. The humidity is not as bad as summer time on the east coast of the USA. Where I live, it's usually in the 80s year round. Sometimes it rains, usually just great weather like San Diego CA or Miami FL. Never colder than low 70s and that is only at night for just a few days. DM me directly if you want more information about living here. The good and bad.

skilliard7

> REITS do not outperform the market Historically, over the long term, they have. >I don’t know where you live, but real estate prices are not rising where I’m at in FL. It's more than just housing, REITs have other applications like communications, healthcare, etc. And a lot of their gains come from income.

ShakeAndBakeThatCake

FL was always going to fall though. There's still a lot of inventory being built there. Old people are dying or moving to nursing homes so sell their Florida home too. And Florida doesn't really have the job market and compensation to support high prices like California and the North East.

Edard_Flanders

I don’t know where you live, but real estate prices are not rising where I’m at in FL. They’re falling. REITS do not outperform the market and real estate prices are already pretty inflated. Give me the option between VTI and any REIT and I’m choosing VTI.

manualCAD

It seems like FL is the last roadblock to federal reform....for some reason. The way swing states decide elections, swing states apparently decide drug policy...who knew.

RagingBearBull

I think this trade war is bullish. This is because the market has seen bad tariffs, and has reacted accordingly. They promised the market they wont do that again, pinky promise. Lastly if they bring jobs back to America, many states are positioned well for this, allowing children to work in the factories for less than minimum wage is the key to competing with china. Children have small hands which is good for doing mall screw stuff. Lastly places like AZ, FL are already ecological wastelands, so there is no need for an EPA in those places, great for the chemical companies to come back.

radpowerbike

Extensions for states hit by hurricanes FL GA NC TN

Revolutionary-Yak-47

Yeah, do some reading up on 2008. It wasn't an overnight thing. There were neon signs stuff was flailing all spring and summer. Joe Average became aware of the issues in the fall (ish). Layoffs starts in the fall and by November it was a dumpster fire here in FL. By New Years we had whole neighborhoods that had been foreclosed on in Kissimmee and retirements wiped out. I was just a 20 something with an entry level job and no retirement and it took me 3 years to dig out financially and have a steady job again.  But it was slow motion. Everything seemed ok until it REALLY wasn't for people not in the market or glued to financial news (remember the internet was basically MySpace back then, it wasn't on our phones in our hands 24/7). It's not usually a quick, one time event. And it snowballs, one small bad thing kicks off exponentially worse stuff 2 months later. 

Individual-Habit-438

Come on and ride the BULL it's gonna newsmax Not based in Gyna but St Pete, FL

Individual-Habit-438

Webull has a rather large office in St Pete, FL

RagingBearBull

No idea, I think they sell it everywhere in FL though since its kinda of a poorer state. Its sad going from NYC to Tampa

HairlessEntity

Are you retired? I know down here in the more southern part of FL there’s people/companies selling their businesses with routes (i.e landscape, pool service, etc) if you knew a couple trustworthy folks to work for you, buy out one of those and be back in the green in a couple years.

thecreator1984

Jupiter FL checking in

Anothershad0w

Buying 1DTE on a Friday before market close is basically a 0DTE, but you’re also paying for a weekend of theta and IV. So it’s actually worse than 0DTE. With current US leadership you’re basically gambling on news over the weekend, except trump is playing golf in FL. Could still print though

eddie991ao

Yes. Tariffs will basically replace the federal income tax. If you live in FL, no tax except sales and property tax.

petermal67

He golfs at the weekends in FL

OldBlueKat

One year and 7 months to that election, and those voted in would take their seats in Congress 2 months after that. There could also be a few more 'special elections' in the House between now and then. Anytime a House member dies or resigns to take a Cabinet position or something, their seat gets thrown into a special election. There were 2 in FL just last month that I was hoping might have flipped. They were strong R seats, but the challengers got closer that the GOP had expected. There are 2 more scheduled -- D seats where the incumbent has died, and new Reps will be elected in the fall. Expected to stay D seats at this point.

gen_x_og_0DTE

Where are u? They dropped here from $3.5 to $2.7 (FL)

tikifire1

It's fascinating. H. W. Bush was CIA head before VP, then ran Reagans 2nd term as he had alzheimers though few knew it. Elected to one term, then his son gets elected in a contested election mainly based in FL where another son was governor. The Bush family are scum of the highest order and a huge part of why we are here as well.

ChrisFromLongIsland

Trump really does believe in the tariffs. Trump is too stupid to know what the effects were and he has morons surrounding him except Bisset. Thats why he flew down to FL to interrupt Trumps golf game on Sunday to tell him this is dumb and he is destroying the US economy. It took Trump till Wednesday till the markets really started to melt down. Behind the scenes the financial plumbing of the US started to go into panic mode and run for cash. Trump capitulated and came up with the 90 day pause to save face. Trump has no convictions and often changes his mind 180 degrees. He is a political animal who will do whatever he thinks is popular. He has no long term strategy. Now that he has show that he is willing to blow up the world on a whim the world will pull back from the US permanently damaging it. In his first term manytimes he tried to do equally dumb things though his advisors were not stupid TV hosts. They knew what they were doing. In a famous example he got pissed at South Korea for something so Trump ordered the IS out of the free trade agreement. The person responsible just "lost" the piece of paper amd never executed the order. Trump probably had to play golf the next day and forgot about it. In this administration they people around him would say it's a genius move and we should do it to every country.

MinuteOk1678

You're in FL.... at 14 they now get to work overnights at the hazardous material plant.

BigRed92E

I'm in FL. It was a dumpster fire already.... my little tacoma won't seat more than 4 without filling the bed, but if anyone wants to carpool- It would be nice to have company when I gas up and go.

CharlieDmouse

Some Canadians own homes here. There is no doubt Canadian tourism is down. They are pissed at us, boycotting buying American goods at a grassroots movement that has spread to. France and I found out last night a bunch of other companies. Apparently when you tell the world “F U”, they “F U back” In a lot of places I have seen only 1 Canadian plate around Englewood beach and that area, there used to be a lot. Without a doubt there is an effect to our state of FL. 100% sure

TheTonyExpress

I said in the beginning that even if he backed off, the damage has been done. The US is no longer seen as a stable economic partner. He’s pissed off the entire world - we could see boycotts of American products in those countries. Even still, this isn’t “good news”. It’s “The patient is bleeding out, just not as quickly as we thought”. There’s still a trade war with China, the EU has responded (and therefore theoretically exempt from the pause), and we still have blanket 10% tariffs on everybody. Prices - already hit with inflation - will go up. Tourism from across the globe is in the toilet - this will wreck our summer in places like FL, CA, and NY. There are thousands more people looking for jobs now thanks to the cuts. If he does absolutely nothing else we are in for a recession. But he’s gonna get a bee in his bonnet and tweet and we’ll be opening this up again - in 90 days if not before. This is a sort of reprieve that’s being over hyped.

RecipeResponsible460

Of course, and thanks for the thoughtful response. My only responses to you would be these. I'm an IT Project Manager for a USA healthcare company that exports nothing. The services my company provides are provided only to US customers. We likely buy medical supplies and maybe some equipment from outside the USA (Philips \[Netherlands\] is a big player but also we buy a bunch from American companies such as GE), so we contribute somewhat to the trade deficit (since no exports), but we \*provide high-quality healthcare to Americans\*. We could maybe buy GE equipment instead of Philips in some areas and reduce imports that way, but buying *supplies* like needles, gauze, and gowns would be like 500% higher if all were produced in the USA. So, if we did this, our customers' healthcare would go up in price, meaning your health insurance (yes, yours, since they all spread out risk) would go up in price. I have a hard time seeing how this, on net, is a problem - we're exchanging a small trade deficit for better healthcare. And, on net, I'm pretty well compensated at my job, so my income goes into buying things like cars built in the USA (even from Japanese companies). My income also goes to buying things like a MacBook, which *isn't* assembled in the USA, contributing to the trade deficit. I shell out $1,000 and I get a MacBook Air assembled elsewhere but stored in the USA. However, part of my purchase goes to Chinese or Vietnamese assembly-line workers that build the laptop but part of it goes to the warehouse and UPS workers in the USA, and some of it goes to Apple design and supply-chain workers (and their execs), as well as their shareholders (often in index funds that we hold in retirement or investment accounts). On net, more money may have entered the borders of China, but that's because they build the laptops at maybe 30% of what it'd cost in the USA and maybe 70% of what it'd cost in Mexico. If those laptops are built in the USA, they would a) need workers...and we're either deporting a lot of them or discouraging new ones from entering - these aren't very high-skill jobs and b) the factories would need to pay a prevailing wage (probably at least $25-30/hr). That $1,000 laptop likely goes up to something like $1,200-1,300. So, a handful of the people that get the money above are now within the borders of the USA but *everyone who buys a MacBook is $200-300 poorer*. Is it really acceptable to make millions of Americans pay $200-300 more for a laptop to support what would likely amount to like 600 assembly-line jobs in Tennessee or South Carolina, all of which would likely go to...immigrants? What's missing from *all* of this discourse is **exports**. By putting tariffs on imports, we earn retaliation against *our* exported products - software, aircraft, cars, military equipment, etc. Our immigration policies also cripple higher education, which has been a vehicle for importing high-skilled human resources for our industries (Google and PayPal were founded by immigrants, for example...one being Elon Musk). Our pissing off allies will reduce military-equipment sales. That puts production workers, designers, and project managers at places like Lockheed Martin and Rockwell Collins out of work - many of these folks live in places like SC, FL, AL, IA, and GA, so these are high-paying jobs for the area. I'm actually quite receptive to the "national security or interest" argument for *selectively-placed* tariffs to produce specific productive capacities...but that's what the CHIPS & Science Act and Inflation Reduction Act (IRA) already did. However, that's effectively Bidenomics, and Trump is killing that regime off. There were tariffs on Chinese EVs, export controls on chips to China, and subsidies for factories and mines built in the USA to dig up rare-earth minerals and build solar panels and batteries. But just blanketing the border with tariffs doesn't have this effect.

ZenZulu

The GOP certainly at least tried to cheat. They did in 2020, and other than a few small fry, nothing happened to them. I figure that just taught them a hard lesson in how to do it better. But the real reason is that America is full of idiots/racists/misogynists and a ton of people that don't give a shit. I know a couple people that didn't vote because they think both sides are the same and all that blather--both are not well-off and they are about to get absolutely hammered as goods get a lot more expensive. You may think it's nuts that the public could vote for this convicted felon after his first run, but it could be that you live in a rational area of this country, or of your state. I live in FL. Even in the burbs, in a county that Biden barely won, there were giant TRUMP banners and flags flying at houses for the past 8 years. There was a 50 ft Let's Go Brandon done in wood letters on the roof of a house a few streets over. I've seen what looks very much like a temple to Trump out on a rural road, looked like something from the end of Apocalypse Now. Fucking weird and creepy, the cult of Trump. I have a family of Evangelicals and I swear they'd drink the koolaid if Trump asked them to...

erbush1988

I've said it before and I'll say it again: Even if FL allows child labor, the parents who PARTICIPATE by ALSO allowing their children to work under these conditions are EQUALLY responsible.

SisterActTori

But I thought Trumpers couldn’t afford gas and eggs and voted for Trump based on the economy? And now you folks want to advocate for paying more for a sweater? So, what are you going to forgo, food or fuel? Or was the “economy” concern all fake and the real reason for supporting Trump had nothing to do with financial concerns? Pick a damn lane. And I know Trump supporters do not have any concern for foreign child labor practices. Look at the child protection laws related to working in FL and Arkansas-

cannabull1055

I don't doubt you did. Seems you are all in on Planet. At the time, you were very bullish on Cresco. I guess it has transferred to Planet. I just fear that you are going to move on from Planet once it doesn't do anything lol but best of luck. Hopefully it can skyrocket. It would be nice if FL went rec because the Florida store would do big numbers eventually.

sailorsmile

Absolutely do not buy any real estate in FL. You’ll have a soul crushing special assessment every year and no one will insure you.

Capital-Cranberry-25

Damn should have taken those FL contracts when they were sub .20 😭😭

Rare-ish_Bird

Actually would have preferred watching FL vs Duke

ApprehensiveStick362

Chat.. FL or UH?

Dal90

>I think democrats will have a super majority. Not a snowballs chance in hell. Nine seats maybe -- and that list has AK, IA, KS, MT, WY, SD, ND, OH, KY. Farm and ranch economies gonna go to shit as the tariff barriers go up. 47 + 9 only gets you to 56 in the Senate. To get super majority you would need to all but run the table as every remaining 11 Republican seats up in '26 in the Confederacy plus the two honorary members of the modern Confederacy -- TX, OK, AR, LA, MS, AL, TN, FL, SC, plus WV and ID. They MAY get some northern Republicans to support the Democrats. Republicans locking themselves out of controlling both houses of Congress at the same time for 60 years like they were after Smoot-Hawley? In that 60 year span they only had a House majority three times, they had the Senate four times three of which was riding Reagan's coat tails. That is possible if the Democrats can reverse their rectal cranial political sense inversion.

BarryMihupinner

You got FL?

McSwearWolf

He has been golfing in Florida - I believe this weekend it was Jupiter, FL. Hard at work! (Your tax dollars, that is, not him)

ken-davis

A recession no doubt. We are not even factoring in that NONE of this has really been felt yet. Also, let's not forget all the other actions, his threats to Canada and Greenland, the DOGE insanity and so much more. International travel to the US has just begun to decrease. FL is seeing Canadian snowbirds put their homes on the market. We are well and truly screwed. How much? I wish I knew.

Spare_Dingo_8680

If the special elections in FL are any indication of national sentiment, Rs who won their seats by a margin of 20% or less are ALL in major trouble.

Fickle-Experience526

Not watching. I lost interest when all the non-Southern teams got eliminated. Miss me with the TX / FL sports lol.

Grodyyyyy

Auburn and FL had a great game. Was for the underdog and got shit on the last 10 min of the second half. I feel you though

Smurf_Crime_Scene

Monday will be greener than a golf course and here's why: The White House has just released a new official statement as the economy crashes: “🥭 won his second round matchup of the Senior Club Championship today in Jupiter, FL, and advances to the Championship Round tomorrow.”

cannabull1055

I don't know why you think Glasshouse has some special formula that no company in the country will replicate lol they are growing weed. There are black market operators all over the country that produce cheap at scale. There will be plenty of supply. Not saying Glass House isn't excellent at what they do but I there isn't some patent they have that is separating them from doing this. I do agree there will be a washout and prices will stabilize. But I think that happens after federal legalization. I think interstate commerece, once it happens will FLOOD the market with supply. Glass house will have competition. If Nvidia is going to happy competition making complex chips that cost 50K a pop, Glass House will have competition growing a weed from the ground. I don't think it is fair for you to make a blanket statement that no one will be able to do better than Glass House ever on pricing full stop. That is impossible to now. And they don't need to do better. Than do similar or even more expensive and still cause margin compression for Glass House. Yes. In the long term for MSOs, this thesis will be the same for MSOs. But the point you are missing is that MSOs have mini monopolies and that can last for a long time. If interstate commerce and federal legalization doesn't happen for 5-10 years (which is very well possible), MSOs can enjoy pricing power and 3 tier business model due to limited licenses. That is the play. For example, if FL were to go rec in the next 2-4 years, which is definitely possible, this is an immediate mini monopoly where there is significant pricing power. But yes, MSOs in the longer run are not immune and will face the same fate. You already see it in more mature rec markets where there has been immense pricing compression.

Ok_Cry7572

The White House issued an announcement today “The President won his second round matchup of the Senior Club Championship today in Jupiter, FL, and advances to the Championship Round tomorrow.”

Capital-Cranberry-25

So glad i cashed out my FL futures when this shit was .99 I hate nail biters

Capital-Cranberry-25

Anyone got FL for this game rn? I'm fucking sweating bro 

Icommandyou

>White House statement, per pool just now: “The President won his second round matchup of the Senior Club Championship today in Jupiter, FL, and advances to the Championship Round tomorrow.”  

ebfeebfe

White House press release right now “The President won his second round matchup of the Senior Club Championship today in Jupiter, FL, and advances to the Championship Round tomorrow.” Seriously. International markets are crashing, and they think people care that he won at his All-North-Korean-Golf-Tournament?

dummi2610

Boomers got theirs and started peacing out of reasonable decision making and started spending their winters with their head buried in the sand in FL/AZ/TX