FL

Illustrious_Post_519

Bahaha! “Don’t tread on me” meets “puff puff pass”. FL is confusing. Maybe weed will help the trigger happy crazies to forget what the hell they were planing to do in the first place. Hey Ron, instead of burning books and supporting prohibition of weed, start regulating the real epidemic in this country and band crazies from owning guns.

african_cheetah

FL electricity price per KWh = $0.16. FL gas price per gallon = $3.09. 1 gallon into KWh = 33.7KWh. FL gas price per KWh = $0.09/kWH. Gas is almost half the price of electricity for equivalent energy. The reverse is true in WA.

african_cheetah

CA and WA are the big EV adopters due to the high gas prices. WA has the lowest electricity prices due to hydrodams. In Texas and FL it doesn’t make sense to own an EV from economic perspective. Gas is cheaper than electricity.

TeamVegas780

Tampa, FL. I've seen one in a mall parking lot before, and that's it

Queens-kid

Did I say that? Im saying those houses in particular are all owned outright. I know this because I live here in FL and have sources. You are making assumptions. Like I said. Believe what you will.

CLYDEFR000G

Since it’s still so far away timeline wise it makes me happier than if it said there is just enough votes. If the votes might be there already no more money will be thrown at this. If articles keep getting published saying they are 10% short , 7% short etc then the cannabis companies will likely throw more money at grass roots going out and convincing voters in FL

ChemicalMedicine4523

Only Boomers respond to polls in FL. It’ll pass.

HandsomeChubaka

What do you guys/gals make of the two MM articles that say the FL cannabis ballot initiative doesn’t have the support to pass in November. Any cause for concern?

nateyp123

Haha , well I’m not going anywhere pleasant in VA. But I do live somewhere nice in FL. Come on down

747ER

“On the 7th of February, 2024, Indonesia AirAsia flight QZ154, an Airbus A320-216, suffered a cabin pressurization issue while en route at FL360. The flight made an emergency descent to FL100 and continued to the destination, Bangkok, where it landed 53 minutes later. The aircraft was ferried to Jakarta on February 8 and experienced a similar incident on the following regular flight on the 8th of February, 2024.”

thedmob

My guess is GTI has the lowest export FL of the tier 1s plus he is already very heavy GTI.

thedmob

The top 3 all have major exposure to FL. Probably has changed his thesis leading up to FL AU ballot…

CannaVestments

Definitely agree with your general sentiment- solid operators who have chose to enter markets at smart times ahead of adult-use initiatives. Definitely trades cheap too. Like other Tier 2s, they do have a decent amount of debt and sale&leaseback, granted nothing overly concerning in my view. Margins have never been great relative to peers but they run a lean cost operation so cash flow ends up decent. I think a primary counter argument is that there is less growth left in their footprint relative to a name like AYR for example who is big in FL and PA. 28 of their 36 active stores are already adult-use, with only Ohio (5stores which should turn rec in July of this year) and Pennsylvania (3 stores going to 6) being still medical. M&A could obviously open up new markets though so not necessarily a permanent problem For whatever reason too, the MSOS ETF guys also don't like them so only own a very small amount of Ascend so they don't have what is a large source of buying volume

CannaVestments

We cover the Tier 1s specifically in these quarterly reviews, not something against AYR specifically. Big FL footprint and lower float yes, definitely have a lot of debt though and took on massive dilution in refinancing it

thedmob

I thought that would happen but I also thought FL would be a catalyst and we would be running on hype last week and this week and not so.

thedmob

Agree with the above. Tier 1 MSOs havnt actually diluted that much. But they are likely to dilute some more if prices go up. I personally think to get to ATH we need some of the following catalysts - macro bull run continues - safe - garland memo - FL/PA go AU (will affect some companies more than others)

Broke4Life

I think the SPAC boys in FL fucked him over a bit or he was fucking them over and they in turn fucked him, point is there was some fuckery going on. He didn't get full access right away was my understanding.

hz42069

I have been following Frontier communications for some time. In early 2020 I was considering buying distressed junk bonds at 50cents on the dollar because hey they have a monopoly on fiber internet in FL they aren't going anywhere am I right? Well I eventually realized they were going to be missing payments and defaulting on the debt. Then covid happened almost entirely too perfectly at the last minute they were bailed out by PPE money. Since then they have restructured the debt and reissued new stock. However they are still riddled with insurmountable debt. I called to cancel recently as my intro rate for 500mb fiber internet had ballooned over 100$/month. When I asked to cancel effective Friday they transferred me to a company I would layer apply to work with. They offered me 29.99$/ month in perpetuity plus a large bill credit and even a new router. Obviously I accepted. I had been teaching middle school math. Over the summer I started a business I had been practicing for about three years in preperation of playing blackjack professionally in casinos. It was so successful that I didn't return to teaching I made more than a years salary in three months. Obviously I had some major swings up and down and ended the year only up 25k the equivalent to what I would have made in the six months teaching. Back to the drawing board I started looking for careers more aligned with my business school education BA with spec in Marketing. I came across a marketing group who consults and does marketing for Frontier. The interview process was full of deception and lies. But I liked the boss and the office atmosphere. I liked that I would get an opportunity to use my experience and education. The job posting was for 55k$-65k$. The first interview magically turned into a group interview. One of the candidates asked about salary and was told it was based on experience and education. The hours were going to be 11am-8pm m-f and 10-5 Saturday. The second interview they explained I would get 50$ for every service signed up. Fair enough. Still same answer to salary. Finally call with offer everyone starts at 400$/week. I was dumfounded. That doesn't even qualify as a low ball. It's a no-ball. I was disappointed as I was actually looking forward to working with the boss who offered the position. I said that is a lot less than I was expecting. He asked what I expected to which I replied oh just the amount you put in the job listing. I said that if he paid 1250$/week for three months I would work more than the hours requested sell a ton of services learn the business and be ready to take over a new branch and team and switch to full commission at the end of three months. He said he would call back in 24-48 hours. Ghosted... I bought 37 puts on Frontier stock in my retirement account. https://preview.redd.it/df3peaco8duc1.png?width=720&format=pjpg&auto=webp&s=c9f7c2ce96aae8f82d98952058301ae4b114c5ca

livefromheaven

I'm with you - federal reform is badly needed but in the end its all about profitability. There's a reason $GTBIF has been so resilient. FL legalization alone would be huge for major operators.

DifferentWindow1436

Tilray is a penny stock with a terrible performance. Why not TCNNF or a picks and shovels company? MSOS I can understand. Look at the underlying holdings (note: TCNNF which I own is 12% or so). Just understand the stock prices are heavily dependent on the regulatory/legislative landscape. If the DEA reschedules I believe we are in for a fun ride. SAFE is the other peice to watch. And for TCNNF - Florida's ballot for recreational because they are heavily FL weighted.

Evergladescity

Are you a 200lb + plus single mom in FL

numb_digger

Is foot locker (FL) a buy at these prices?

Great_Reaction3629

Pricing could (and I think likely) will be different for Med vs Rec. As a FL rec patient that's my gut feeling so I'll be keeping my card

Rare-ish_Bird

They always report after the bell because they're based in California. Could be the CEO/CFO will be in FL or Europe that week, so they scheduled around the timezone. Probably means nothing for earnings.

pmekonnen

I think FL and Arizona may have something to say about his win

NextTrillion

You can’t compare their share price increase because there’s a multitude of factors that determine how the dead cat bounce will be played. If they were all healthy companies with relatively similar growth, like many of the MSOs, then sure. But the classic LPs are all over the place. If you look at some bigger MSOs, they’re all up about 100% over the last 52 weeks. TRUL is up a little more (130%) but it’s possible that FL legalization going on the ballot had an impact there, or that it was simply a little more down before the run up.

Key-Pass3701

True. My grandkids cannot gain access to their Uniform Gift to Minors account at Schwab until they are age 25. They were living in FL when the accounts were created at Schwab.

moondawg8432

Were they the guys in FL from the big short?

ApostleThirteen

Florida is one of those states that are completely vulnerable to a black market explosion. When companies like Curaleaf can't handle a densely populated state like MA, FL is going to be next to impossible, especially with the climate. Those little dispensary bottles are going to need some kind of dates or other markings on them, or they're about to be repeatedly refilled for transportation purposes, just like any other state where AAU and MU are both legal.

kmosiman

According to Australian I know. Their prices are HIGH so that's probably good money. That being said I have no idea what the criminal penalties for this are, so it's probably a terrible idea as opposed to being a normal HS job like I hear it is in Miami, FL.

Traderparkboy01

IRBT, FFIE, FL, DNUT is undervalued in my opinion. GT is ripe as well.

SEEANDDONTSQUEAL

While I do hate Truelieve, there are some dispos in FL that have absolute fire. I know, check my post history.

SampleHomeSapiens

That’s 2.82 USD which is 7.8x from the last closing price of 0.36 USD. That’s a lot of torque. Could it happen on S3 announcement? Note: CBSTF is currently trading below its pre-HHS level of 0.42 USD. Haven’t seen any strategy from management on: 1. Clawing back any 280E/related taxes by suing the IRS. 2. Divesting assets (say, in FL) to improve the balance sheet and stop further dilution.

phulton

I was on a flight years ago, FL to WA that was set to layover in MN anyway. We had to emergency land like 45 mins away (by bus ride) from the Minneappolis/St.Paul airport because an engine failed. Honestly where I was seated on the plane, I had no idea it even happened. It took me maybe 20 minutes of google searching to find a news article on it the next day, and I think it was only covered in a local publication. Point is, shit like this happens all the time, but because of them losing a door, we're going to hear about every small incident for months.

Resi86

If they close the acquisition it’s a good one… they also paid $55m for Trulieve’s extra FL license after the Harvest merger, and received zero assets with it. That part I would call a disaster

BigDeucci

Here in FL they passed legislation the end of 2022 to seperate roofs from everything else. This happened literally 4 days after we opted to pay more monthly for a lower deductible due to our roof being 60% through its life and trying to get ahead of it. Now that roofs have been separated, the homeowner can be responsible for up to 50% of the cost of a new roof, whereas when we decided to raise our rate for a lower deductible, it would have been 10%. Personally, with all the bullshit that insurance companies pull, they can all go to hell. Insurance=money grab. Pay into something for years and years, and tye moment you need it, it's a fight to get paid, and that's if u get paid before they drop you. Biggest scam in the US. And no, that's not a call for the donkeys to spout off. Insurance companies aren't losing money. CEOs salaries have increased 2000% or more over the last 16 years. Sorry you didn't hit your 100 mil this year... how many roofs is that?

noobstockinvestor

1 Cosponsor added to house version of SAFE. Rep. Frankel, Lois \[D-FL-22\] 04/05/2024 Totals: 112 > (88 dems / 24 gop)

GanjaKing_420

The management did not get carried away. Stayed focus and has delivered what they said they would do in Vegas. They have failed in California and FL is a disaster but almost zero debt will keep them safe.

SirkutBored

anybody else see that the recovery is favoring FL more?

HandsomeChubaka

Look what the SD governor did, she over ruled the will of the voters and had adult use cannabis overturned. I’m sure DeAsshat will try something similar when FL votes in favor of legalization.

thedmob

I should be annoyed but I’m not. Been around long enough to see this before. Not many times but a couple times. The thesis for MSOs is still intact. Schedule 3 catalyst still out there. Same with FL AU. And other less tangible things like general election and SAFER.

Traderparkboy01

IRBT, FL, VSCO, short interest cough cough institutional ownership cough cough . Shorts never covered cough cough

twosauced1115

Being banned by June isn’t realistic. Most of the laws have a grace period of a year so you’re looking at 2025 before you see any real benefit from the bans. Also historically the shops will just sell out the back door( I’m in my we’ve had a “flavor ban” since 2019) Everything you said is correct in a perfect world where people follow laws on the books but that’s not reality. The vape market is too big to ban. The triton decision gives the vape manufacturers the ammo they need to fight the fda on pmta and they vape lobby is organizing(just beat GA ban, pushed back FL ban, veto campaign that will probably succeed in VA) Louisiana ban was delayed indefinitely, Oklahoma isn’t enforcing, Cali ban had no effect at all, Texas marketing ban didn’t do what they want manufacturers just rebranded for Texas. This is a huge uphill David and Goliath fight that the vape industry is winning. That being said I’m gunna go ahead and throw some MO shares in. I work for one of the companies being sued I’ve been in the industries 10years and do know what’s happening on the ground in all of the states referenced

cannasseurs

FL adult use revenue is not even priced in and SNDL owns Surterra Wellness a top 5 company by marketshare in FL https://x.com/TheDankInformer/status/1774127773449126205?s=20

trainwrecksforehead

FL is voting on recreational

B0wmanHall

Even if it passes, the FL GOP will block it.

gardendesgnr

Landscape plant growers and construction in FL are pretty tight industries and we share info to help ea other out. When I worked at that grower for 14 yrs we sued several customers for non-payment on their credit terms. It is easy to win the case but you have to take less than what was actually owed depending on final agreements. Also when you are suing so are several if not more, other companies so whatever total value the customer has is split also. In FL it is well known in construction that some companies working at his golf clubs, Doral esp, never got paid and went bankrupt b/c they over extended themselves to do the work then got nothing & had nothing for a long court case.

ItinerantDrifter

No problem.. ceiling if we get S3 and/or SAFER, and some sort of statement or language that uplisting will be allowed... Very high imo.... not gonna throw a number out but I think your calls would print. I think they are a good gamble anyways and could run safely higher without complete uplisting confirmation. But definitely a gamble. No S3, no SAFER, FL votes no and Trump wins the election. ATLs easily... like MSOS $1-$2 or lower bad. All that seems very unlikely though. S3 is close to a lock imo.

Nowearenotfrom63rd

Yea bought at the height of the DeSantis bull shit at 88 dollars. They had FL Nazis hanging out at the entrance of their parks.

Adam_Friedland_TAFS

VRNOF Verano is probably a safe bet, they are the main weed supplier in the Southern US which is where most people I feel still go out of their way to acquire and would be huge especially during spring/summer when tourists come down to the beaches here in FL

Bxdwfl

I didn't know that FL was known for its ballet

cannasseurs

Guys if you want Florida exposure, you're going to like this break down of the FL market using data from the Florida Office of Medical Marijuana Use (OMMU). The current medical market is $2.5B and expected to grow to $6B+ on adult use legalization. Florida Adult Use Legalization ballot has been approved by the FL Supreme Court and will be voted on this November in a presidential election year with another abortion amendment on the ballot as well! These companies are still not priced in revenue wise based on their marketshare and expected Adult Use revenue of $6B+ for the whole state. I extract and visualize the data every week. See for yourself below: https://x.com/TheDankInformer/status/1774127773449126205?s=20

tstrand1204

There is also some contribution from Germany legalization, FL, etc. in this run

ItinerantDrifter

Congress still isn’t around to mess things up… so between FL momentum and speculation about S3, SAFER, etc I bet we finish the week strong.

MeetIndependent1812

FLORIDA: If Trump is really such a dealmaker as he claims to be, wouldn´t it be a surprise move to vote for legalization in FL? Why? -Recent polls show that majority of citizens are PRO Legalization -Argument can be, that legalizing it IN the country, reduces Imports INTO the country (the "bad bad" Mexican cartel narrative) -Tax earnings into the double digit billions ( "and he was part of this achievement") -DNC loses a carrot they need to convince swing voters, espec. young, black, latino etc. QUESTION: How will DNC react in case he opposes the legalization for FL in public? -> Solution could be, Sched.3 ASAP. Long story short, either way, I think this can lead to positive momentum

zdubs

Fresh out the oven we got Kim Rivers hard work paying off in Florida as it rec goes to a vote on the ballot. Well that news may be stale since it’s from yesterday but still is exciting for Trulieve shareholders and all the FL players alike.

Die_26

Thank god I’m moving to FL mississippi can kiss my ass I wanna grow gelato and trade stocks all day

myironlung6

FL - tanked LULU - tanked NIKE - tanked VFC - tanked ANF - tanked writing was on the wall

CLYDEFR000G

People did not “knew it was happening” . FL Supreme Court was not a guarantee. It was a likely yes but still a gamble. Yes they knew the date was approaching but they didn’t know if it would be a yes or no for certain . I don’t think I know more than other investors not pricing it in I think everyone was uncertain about yesterday and those that held should be rewarded with people fomo’ing back in after a gap up open but here we are slow bleeding all day

CLYDEFR000G

Nah dude if Fat Joe and Kamala can come on for 24 seconds and say “soon” and we see the price jump an entire dollar across the board but then FL Supreme Court makes way for a ballot vote and we see negative action. It doesn’t make sense in the slightest and I’m not trying to make sense of it I just think the investors in this space are happy with their small little crumb gains and don’t want to hold long

livefromheaven

Might take a bit to digest the new FL "napkin math".  I'm still confident these operators are significantly undervalued.

Throwing_Horns

CBST has 14 FL retail locations isn't that right?

rockum

Considering FL?! In seven months rec weed will be on the ballot and you think the market should moon *now?!*

Perfect_Indication_6

A little disappointed with the lack of green considering FL. I guess, it was priced in - to imagine if it would have tanked. Risk reward is not great yet.

BHOmber

Of fucking course SPY decides to dump on positive economic news the morning after we get the FL catalyst... Perfect goddamn timing as always lmao

manualCAD

Outside of this subreddit bubble, no one knows or cares about the FL Supreme Court allowing something to be put on the ballot 7 months from now. Also, only the boomerest of boomers watch mad money so that's irrelevant too.

4score-7

Probably. All the tax return people filed early and spent it down here in FL. One last party.

four_twenty_4_20

I predict a red day as traders sell the FL news and shorts do what they do. I want to be wrong but seldom do weedstonks do what makes sense.

Perfect_Indication_6

Survey says 67% FL voters are in favor at the moment. Very good.

cannabull1055

These polls are significantly biased. No adult use measure passes with these numbers. Show me one. I think Ohio passed with like 57%. You think FL with all the old conservatives is getting 70 or 76%? It is going to be close.

cannabull1055

They should not sell their FL licenses. They should sell one of their VA licenses if anything. Florida will be massive.

SirkutBored

then TCNFF owns 40% market share of FL, CURLF, CRLBF, GTBIF, PLNHF all have exposure.

RagingBearBull

Not gonna pass in FL. Boomers in FL hate pot alot. Its not that they hate pot, they just watch alot of Fox news and fox news says that people that smoke pot r people from mexico.

HandsomeChubaka

FL could be a bellwether for other bloody red states to legalize as well.

NextTrillion

There’s a strong possibility that many states (not on the west coast) will retain their autonomy because they want to keep job growth healthy. Cannabis is the fastest growing industry in the US and it’s already outselling CHOCOLATE. Do you think FL will allow imports through their regulatory framework? They won’t, because they have the power to make their own decisions. Some CA weed will enter the state, especially around Croptober, but FL is making it so cannabis is very accessible. One thing they seem to be doing an excellent job of.

NextTrillion

That’s why this is so bullish. If a heavy red state like FL allows the people to choose via popular vote, and they don’t kibosh it, it’s very meaningful imo. But that doesn’t mean other neighbouring states aren’t bass ackwards and fail to see the potential of huge tax revenue.. something we’ve been preaching since 2018. Shout out to the late u/JDcyclist (RIP)

gardendesgnr

Just an affirmation to those who know better. In the early 2000's Mar a Lago tried to buy landscape plants from the grower I worked at. We were well known for our quality having plants at many of the major PGA tournament courses, famous resorts in FL and Caribbean, and many multi million $ estates. We would not ship anything to Mar a Lago b/c they wanted it on credit and not one of their 2 page list of vendors had a positive remark on them, most said they never got paid.

Drputt

MSOS for legal rec weed in FL.

HandsomeChubaka

Not many libs in FL these days.

NextTrillion

Allow me to wax poetic here for a second. And by being poetic, I mean talking about hockey lol. The way the playoffs are scheduled, often the two best teams meet before the actual finals. So often it’s very easy to predict who will win the cup after the second or third round. Imo, this WAS the big deal. The conservative Supreme Court is a bigger hurdle than a simple vote of the people. The popular vote very likely swings in our favour. The biggest issue here was the uncertainty of the Supreme Court, and now that that uncertainty has vanished into thin air, investors shouldn’t have any trouble piling in. That coupled with further growth and more catalysts surrounding the devil’s lettuce and the fact that a big stick seems to be being pulled out of America’s ass, especially in FL of all places, means a lot.

steph31199

I don’t think GTI needs to acquire anyone in FL My suspicion is that their circle K deal will move forward very quiclu

bigsilverhotdog

I'd generally agree here but FL is a bit different because of population and tourism.

noobstockinvestor

Pablo: BULLISH: With both amendments (3&4) green lighted by FL SuCo today, we see increased potential for >60% in Nov. If rec starts by 5/5/25 (…), we expect M&A to ramp, as deep pockets will be needed to feed the potential $6Bn market.

bigsilverhotdog

Exactly. Expect a big day tomorrow but prepare to be disappointed when the gains don't hold. It's the nature of the sector, and more generally of speculative price action spikes. If FL rec passes though **look out**, because that really will start a crazy bull run in TCNNF and probably a few others. Can speculation push them up hard between now and the vote **and** keep them there? I seriously doubt it, and I certainly haven't bet on it.

thedmob

100% It also boarders two states and is “relatively” close to three more. None of which have AU. The boarder business will put a ton of pressure on neighboring states and will be huge for the FL players until those boarder states go AU…

livefromheaven

I think so too. Seems inevitable everywhere after FL.

Hanshee

I'm not expecting much to be honest. I'm not sure where everyone is getting the idea that having Cannabis on the ballot in FL is such a huge catalyst. I understands it's positive news but as someone who's been in the space for a LONG LONG time. There has never been any historical movement worth noting after state legalziation. Florida will be the 39th state.

Hanshee

it won't fail at the ballot. Data hows there's an overwhelming majority FOR cannabis in FL

HandsomeChubaka

Cannabis legalization made the ballot in FL. Woo Hoo!

thedmob

Shorts will try to act like the FL decision is “sell the news”. This is complete and utter bullshit. This is great fucking news for Tru and Verano and Cura. The market will 3 x. Tru is best positioned with capacity and retail footprint. FL also represents the greatest % of their business. They will not only get revenue but they will get leverage through the P&L. Now it’s time to see the polls in FL and if we can get to the 60% number. If so this is a literal game changer.

bigsilverhotdog

Remember guys this is just on the ballot. It doesn't mean it's a done deal. Stocks trade in the future, and the future FL rec still is undecided. Tomorrow will be very interesting.

derprondo

Florida recreational marijuana ballot initiative just approved by the FL supreme court. $MSOS

CannaConsultant

Come on FL, no whammy, no whammy

manualCAD

VRNOF = Verano = Müv in FL, for anyone who doesn't know

CannaVestments

https://com.ohio.gov/divisions-and-programs/cannabis-control/licensee-resources/what-we-do/mmcp-program-update They release weekly sales data, including number of patients. Not broken down by company like FL though

mfairview

haven't had the opportunity to smile about VFF in a long long time but the past few weeks has been glorious! btw- MSO greens is predicting the 4p FL judgement will go our way?

thedmob

I wouldn’t be disappointed until we see the close. It could get intense during power hour and/or gap up or down based upon the FL news. Honestly, Mondays usually have a 1-3% sell off so the fact we are green is a win.

bananastock

Not a lot of put buying. The market doesn't "know" anything about the FL decision.

mr_molecular

Pablo released a new report today. > NEW: Our report on FL rec stock upside (EBITDA ramp & value creation vs. market cap). Most torque: @cansortium @AYRWellness @ianthuscapital @sndl_inc @Trulieve @P13HoldingsInc and others… **If FL SuCo greenlights ballot, we see M&A wave** https://zuanic.worldflowconnect.net/open/f06c83d8-e6a7-40a3-a2d4-415a2a37fcdc/240401%20Florida%20Upside.pdf/a6c34023-3e60-4abd-ab69-40fa7d1a5668

bananastock

I'm scared. FL ballot means more than Bidens April second chance post.