FL

Busy_Radio6183

**Jupiter, FL, May 27, 2026 (GLOBE NEWSWIRE) --** Jupiter Neurosciences, Inc. (NASDAQ: [**JUNS**](https://www.stocktitan.net/overview/JUNS/)), a clinical-stage biopharmaceutical company developing investigational therapies for neurodegenerative diseases, today announced that patient enrollment is now underway in its Phase 2a RESET clinical trial (NCT07592767) for JOTROL™ (investigational trans-resveratrol micellar formulation) in Parkinson’s Disease (PD), with first patient dosing expected in the near term. Hopefully some positive for JUNS holders

PuzzleheadedFox4251

Yep..There was an old formula where 11% ROI was the floor. That changed after the interest rates went up combined with prices became overinflated..Now even with cash the average ROI is 5-8% in reliable markets, which doesn’t justify the investment of so much capital. My house in FL is one an acre and it’s a small house. Its small size allows for me to make it an in-law suite and build another house..Building a second house and renting it is the only possible way to get to an acceptable ROI..But only because I won’t have to buy land and tax and insurance will only increase those expenses by about 25-40% rather than a separate, full tax and insurance expense..I feel terrible for the younger generations who are trying to establish themselves financially

Psychological-Ship85

Slow day in FL I guess

Scottdbell

Ben Felix on YouTube is great for the diversification side — he goes deep on correlation and asset classes without trying to sell you anything. On timing, honestly: if you've already got an emergency fund and you're contributing to retirement, you're in a good spot to start thinking about it. Doesn't have to be all at once. For tax liens specifically, I'd wait until you have $3-5k you don't need touching for at least a year. Pick one small lien in an online auction state (AZ or FL works) and go through the motions once. The math you learn doing one is worth more than reading about ten.

BiblicalElder

One strong sustained trend is top graduates still want to work in NYC. But your question is good, such that there may be fewer graduates, and a rising cost of living will deter some from staying long. Large financial firms have been moving parts of their organizations out of Manhattan for decades, whether to Brooklyn, NJ, CT starting back in the 1980s and 90s, and now to TX, FL, TN, and NC.

viperquick82

Lol, Worldcom, Scott Sullivan built house here in Boca across from my grand parents old house. Was like 30k sqft? And filled, I mean filllllled with gold stuff everywhere, door handles, toilet trim you name it. The rumor was he thought he'd keep the house due to FL Homestead laws, except you can and will lose and they will take your property if involved in fraud etc like that (done the same with people buying properties with PPP fraud couple years ago). He'd sell the house or collateralized it likely fleeing with cash from a pledge asset line, or he'd also have all that gold to cash in on as well as backup. People have a big misunderstanding of our homestead laws, it's more so as protection for Joe Schmoe normal person against personal judgements etc to protect the property, not eliteness massive fraud on the scale of Worldcom. Obviously didn't play out as he thought haha. And always reminds me of Fun with Dick and Jane when at end of movie the credits pop up saying something like "special thanks to Worldcom, Enron, Tyco......."

SlapYouSilly999

FL Studio

jatomozem

Slowly buying dividend stocks while EUR/USD is 1.16+. FL that's why

cafedude

My wife and I have 3 sisters all around 60 to 64 that are on the edge of homelessness. One will likely be by the end of next month. Another is living in a neurology clinic in FL (only in FL would some kind of arrangement like this happen, me thinks) in exchange for janitorial work (so I guess you could say she's kind of homeless already). The third gets $1300/mo SS and her rent is $1675/mo., she's going to start looking into moving to a much cheaper COL area in the midwest as her savings are dwindling.

SailorBoston

Exactly!! So BUT EMAT! EMAT IS ONE OF THE ONLY OTHER supply chains of rare earths that is set up fully outside of Chinese control. And its has a HQ in West Palm FL. Mmmhmmm

KristyKae-12

Maybe Sac but only if you like dry heat and too many humans. No Austin. That train left the terminal. Albany…maybe. It’s kinda central to a lot of good and still under the radar. Tallahassee..nah. You can get slammed by storms. Naples if FL is your tax shield interest.

ConversationUnited62

**I pulled every property Opendoor currently owns. The math doesn't work.** Grabbed their full active inventory — 2,500+ properties across 32 states. Cross referenced what they paid vs what they listed or sold for, factored in hold costs, closing costs, and very light reno estimates. Nothing crazy. Just basic deal math. Only 11% of deals are profitable. Factor in corporate overhead and that number barely moves. Now layer on top of that: softening housing market in literally every state they operate in — TX, NC, FL, AZ, SC, TN all showing rising inventory, longer days on market and price cuts simultaneously. Elevated rates aren't going anywhere this year. Their average hold is pushing 100 days and they have nearly 400 properties that have been sitting 90+ days with no offer burning carry costs daily. And the model has a fundamental problem nobody talks about — to scale you have to buy at volume. To buy at volume you can't lowball every seller. Go read the owner reviews from people who got Opendoor offers. Sellers aren't stupid. Anyone with a decent home in a decent market would rather just list it. The only way to actually acquire at scale is to buy close to market value. Which destroys the spread. Which is exactly what the data shows. So you've got: * Razor thin or negative spreads at scale * Softening markets in every core state * Elevated rates killing buyer demand * Sellers who won't take lowball offers * Corporate overhead that requires volume to absorb * A contribution margin that barely moved despite all the AI hype Q1 net loss doubled year over year to $173M. Homes sold dropped 35%. Revenue down 37% YoY. Just my 2 cents but the model doesn't work. Happy to be wrong.

quiltball

Vertical integration is hard to pulloff and it's very favorable to larger corporations. On top of that, there's only about a million cardholders in a state with over 23 million people. Many Floridians were just buying 'hemp' from gas stations and headshops, and one would hope that loophole closing would be a large boon to the FL medical market. I imagine next year is a great year for MSOS with larger Florida exposure.

CannaVestments

A decent start to the year for Trulieve: the top-line and margins both contracted modestly (both sequentially and YoY) but were ahead of expectations. 11 new stores opened since last Q1 though so clearly getting squeezed at the store level, although OpEx was essentially flat YoY when adjusting out campaign contributions reflecting good cost controls. With outsized exposure to medical markets in PA and FL, Trulieve immediately benefited from 280e relief following the rescheduling announcement as reflected by the large YoY drop in income tax provision. Looking ahead, management is excited about a number of opportunities: the federal hemp ban and prospects for increase growth in regulated markets, their Texas license win, the expansion of the medical program in Georgia, clarity around retroactive 280e relief from the IRS, and the potential for uplisting to a major exchange. Full review: **Revenue:**  QoQ: $293.1M to $286.8M / YoY: $297.8M to $286.8M *Down 2.1% sequentially and 3.7% YoY, but ahead of expectations ($285M). Trulieve opened 3 new FL stores in Q1 and opened 4 new FL stores so far in Q2, and 11 since last year so lack of growth a bit concerning.* **Adjusted EBIDTA:**  QoQ: $104.8M to $100.4M / YoY: $109.2M to $100.4M *Down 4.2% sequentially and 8.1% from last year, but again ahead of consensus ($97.5M). Margin drops to 35.0% from 35.8% last quarter and 36.7% last year- still at industry leading levels.* **Gross Margins:**  QoQ 60% to 59% / YoY: 62% to 60% *Roughly flat here, again at industry leading levels.* **Operating Expenses:**  QoQ: $159.9M to $134.4M / YoY: $149.9M to $134.4M *Drop here, in large part due to lower campaign contributions during the quarter ($9.5M spent in Q1 after $32.4M in Q4 and $23.0M spent last year) so much closer to flat when adjusted across quarters (all in the $125-127 range).* **Operational Cash Flow:**  QoQ: $59.2M to $55.7 / YoY: $51.1M to $55.7M *Roughly flat here, although again factor in fluctuating campaign contributions. CapEx was $13.5M for FCF of $42.2M, with management guiding to $85M in full-year CapEx.* **Cash:**  QoQ: $255.5M to $352.9M *Positive OCF combined with $61M in new debt taken out, well offsetting the CapEx spend. Debt stands at $289.9M and an uncertain tax position of $696M.*

Own_Fold_5212

Yeah, 280E removal is expected to cut a lot for them. I would put their 2025 full year 280E owed at $126M. So they now get that cash back to deploy vs paying in taxes, while already being profitable and having a big chunk of cash with manageable debt 💸 The question is what they will use the cash for. They have done an amazing job of managing debt and not fudging numbers. They have done buy backs. What they really need now it to show double digit growth - they have a good footprint in VA, PA, and FL which will eventually show up in growth once rec happens. But they really need to use that cash to be much more aggressive and change their philosophy a bit. I think Cura has taken on a tremendous amount of risk and operational complexity to be the scale play. GTI has extremely low risk and while revenue per store is exceptional with limited license and geo strategy, they need to close the narrative gap on also having the kind of scale / size others have.

Own_Fold_5212

We all know and love the balance sheet strength, debt is super manageable and there’s no tax liability to worry about regardless of 280E outcomes (and they could actually get a refund which is something I always thought was unlikely). Now its time to invest all that cash 💰 Let’s see some growth. We’ve seen the buybacks and super disciplined cash / debt management for years. Show the market your philosophy is evolving and you are being aggressive in capturing growth. I do think VA and PA will help (come on PA 😅), FL footprint is solid guy rec seems like it will take a bit. Let’s finally see some M&A!

CannaVestments

A decent start to the year for Curaleaf. On the positive side, the top-line came in well ahead of expectations with 5.7% YoY growth (grew both internationally and domestically) and aEBITDA was modestly ahead of expectations as well. Despite the beat, the aEBITDA margin of 19.6% was their lowest showing going all the way back to 2020 following in Verano's footsteps here suggesting price compression remains ongoing. Cash flow dropped a bit with some accrued expenses paydown although was enough to more than offset $17M in Capex spend as Cura continues to reinvest in the business and sees opportunities ahead. Management was very excited about the opportunities ahead: growth from the federal ban on hemp, potential for banking legislation given ongoing momentum, and the potential to ship cannabis from the US to their international business. Full review: **Revenue:**  QoQ: $333.1M to $324.2 / YoY: $306.6M to $324.2M *Nice beat here on consensus($317M), down sequentially with seasonality but up 5.7% YoY (good to see). Growth on both the domestic and international side YoY, although the international side was down sequentially for the first time. 5 new stores opened during the quarter- 2 in FL, 2 in OH and 1 in Maine.* **Adjusted EBIDTA:**  QoQ: $69.0M to $63.4M / YoY: $66.1M to $63.4M *Down sequentially and YoY but ahead of expectations ($61.4M). Margin drops to 19.6%, down from 20.7% last quarter and 21.6% last year- their lowest margin since 2020.* **Gross Margins:**  QoQ: 48.6% to 48.5% / YoY: 50.7% to 48.5% *Roughly flat sequentially and down a bit YoY- at a good level.* **Operating Expenses:**  QoQ: $158.9 to $156.5M / YoY: $146.2M to $156.5M *Down sequentially- good to see given new store openings although up YoY due to higher SG&A and SBC. Still pretty steep here relative to peers.* **Operational Cash Flow:**  QoQ: $42.3M to $21.0M / YoY: $38.4M to $21.0M *Drop here- although in part due to an outsized account payable paydown in Q1. CapEx was $17.0M in Q1 for FCF of $4.3M- still re-investing a good amount into the business.* **Cash:**  QoQ: $101.6M to $106.1M *Positive OCF somewhat offset by CapEx spend- not much else here. Debt stands at $565M and UTP actually went down quite a bit the the tax provision benefit they took (not sure why) and stands at $439M.*

Own_Fold_5212

Yeah, if there’s a “refund” they get a massive cash infusion whereas others just get a reduction in liabilities And they have cash to go on offense - others still massively bogged down with debt Lots of other great reasons! Strong footprints in PA, VA, and FL - for future rec growth Toehold in TX with medical

TickTockTaudit

Bought a peleton cheap off FB. Pretty pumped about it. We’re going into Hotter Than Hell season in FL until Halloween.

Local_Many_9108

Trump just approved all permits for the 2026 Red Snapper season for FL, GA, and SC in 2026... 730 EOD?

niceguy897

🥭 travels to florida for the weekend. i think iran war is restarting. **PRESIDENTIAL SCHEDULE — MAY 1, 2026** **Morning (Washington, D.C.**) 8:00 AM — Executive Time (Closed Press) 9:00 AM — Pool Call Time 10:00 AM — Intelligence Briefing (Open Press) **Travel & Events (Florida)** Depart White House → The Villages, FL 3:00 PM — Event with Seniors (The Villages Charter School) Depart The Villages → Palm Beach, FL 6:15 PM — Forum Club Dinner (Kravis Center, West Palm Beach)

CannaVestments

Mixed start to 2026 for Verano- revenue was ahead of expectations during a seasonally weaker quarter but margins slipped more than expected. The business will benefit from the immediate rescheduling of medical cannabis (large exposure to medical markets like PA/FL) and ideally across all cannabis sales before year-end with full rescheduling on the table. Outside of new store openings, the asset base looks largely similar to 2025, with no new states set to come online this year and Virginia potentially in 2027 as the most near-term AU flip. Full review: **Revenue:**  QoQ: $206.6M to $208.2M / YoY: $209.8M to $208.2M *Up slightly sequentially and down slightly YoY, but well ahead of consensus ($201). Good result considering the seasonally weak Q1, although this did include 2 new FL stores opened during the quarter.* **Adjusted EBITDA:**  QoQ: $55.5M to $49.0M / YoY: $54.4M to $49.0M *Down 11.7% sequentially and 9.9% YoY, behind expectations of $51M. Margin drops to a multi-year low of 23.5% from 26.8% in Q3 and 25.9% last year. $3.2M in one-time costs in this figure as well.* **Gross Margins:**  QoQ: 51.2% to 47.5% / YoY 47.5% to 47.5% *Sequential drop but flat compared to last year. At an okay level given the seasonally weaker Q1.* **Operating Expenses:**  QoQ: $85.8M to $85.9 / YoY: $84.6M to $85.9M *Close to flat sequentially and YoY. Decent cost controls given new store openings and elevated inflation over that time.* **Operational Cash Flow:**  QoQ: $13.8M to $18.6M / YoY: $1.8M to $18.6M *Big jump YoY as Verano no longer has a legacy income tax position to paydown ($19M paid last year) and down to zero now so modestly down when you factor that in (note this is a seperate dynamic from 280e accruals). CapEx was $14.9M with management forecasting $30-50M in 2026 CapEx spend in total.* **Cash:**  QoQ: $82.7M to $74.0M / YoY: $84.2M to $74.0M *Drop sequentially as positive OCF was offset by CapEx spend, and the net effects of a debt refinancing ($245M in new debt taken, $240M in old debt paid off, and $11m in debt issuance costs). Debt stands at $394.9M and an UTP of $391.3M.*

OPINION_IS_UNPOPULAR

The WSJ reached out to me for a quote for this article from the community, which I shared with the community in the daily thread: https://www.reddit.com/r/wallstreetbets/s/yXqgSjt1FL I am so proud to see that the community collectively shat on Ackman and was correct in doing so ❤️ Just warms the heart. It was a lot of fun sending off 30 "fuck ackman" quotes to the author of this article.

Difficult-Ad4364

16 acres in Keystone heights, 2, 8+ acre lots. Zoned Rural residential. 4406 Lori Loop rd and 4410 Lori loop rd, Keystone Heights, FL.

TickTockTaudit

Aldi, bro. I live in FL and refuse to buy anything at Publix unless it’s BOGO. Except Diet Dr Publix soda, a 2 liter is $1.50 and that shits incredible

RADToronto

FL

McSwearWolf

… or maybe you haven’t spent enough time in FL lol

_TheOoze_

Go count the number of self-storage units per square mile south of Orlando, FL and imagine the amount of useless crap they're all filled with.

ImmodestPolitician

Manalapan, FL it's an island south of PB.

McSwearWolf

I used to think prison would be a last resort but then I had to go to FL to take care of my mother when she had cancer. Like someone once asked me if I would rather stay in FL another year or go to prison for 10 years and I actually said “prison” with no hesitation - and I meant it. looool. Guess you’ve never lived in a swamp full of angry geriatrics and giant cockroaches. It was that bad.

Difficult-Ad4364

I have some land in FL interested?

OorvanVanGogh

Trul has greater exposure to medical. If medical rescheduling holds, but rec does not materialize, GT will pay full 280e tax, Trul will not, as it's heavily into FL med.

AcanthocephalaNo7788

The whole state of FL

Competitive-Ant2876

No no narrative, if they are 80 percent in two states and only 20 in the others than they aren’t in any position to ramp up production, besides FL and AZ. FL won’t be rec for another year or two and its medical market is already declining. AZ is already declining. So they would have to expand grows, acquire more licenses in states they aren’t in, etc. Then it’s another 6 months for buildouts and another 4-6 months for grows to even come online. The only thing I truly see Trulieve doing is acquiring a smaller operator like ascend cause the footprint layover would actually benefit trulieve a ton. My tin foil hat would like Kim to and Charlie from Cresco to go into business together or even become one. They are very close, they sit on the same boards and they are always seen together. I think with 280e going away the over hang would be substantially smaller. Cresco has started international branding, trulieve has started hemp and Cresco has the missing markets for trulieve but that’s just a pie in the sky thought. Divesting assets is probably pretty complicated in limited licsened states but then again my tin foil hat says it becomes easier as more competitors enter markets due to the removal of 280e due to more players needing assets.

HugeDramatic

The main winner in all of this seems to be Trulieve with most of their operations in FL where cannabis is medical only… interesting outcome.

boravuth

Number one should be Fluent Corp which is 100% operating under the state medical market. NY, FL, TX. Yeah, it’s not a tier one company. But still.

thestojan

Its almost funny how things turned out. With the FL referendum to legalize recreational and all the bull with the votes counting and obstruction.

jmu_alumni

I agree, still a bunch of confusion / unkowns But the more I think about why they took this path, they must feel going to final rule is a bit risky with litigation waiting on the other side. Focusing solely on medical probably limitis opponents petition for stay. Plus they can still take this as a win. Kim Rivers would be absolutely pleased for her business, mainly FL med, to see 280e relief and potentially retro relief

Competitive-Ant2876

I’m sorry but why does everyone like trulieve? Their financials are almost as bad as curaleaf. Their cash and cash equivalents are from a refund and their utp is second highest in the industry. All while burning 250mill for a rec campaign that didn’t happen. Any other sector that CEO is gone. All while only really being in FL and AZ, both shrinking medical markets which is why unit sales are up but volume is down and new medical car applicants are down.

boravuth

280e is no longer applied to medical cannabis operators. This should bodes well for Fluent Corp, which has licenses and operations in NY, FL, TX. These states have medical programs for cannabis.

EntropyAccount

so it would apply to only medical products? If this is true I'd have imagine the biggest winner in MSO land would be Trulieve as the bulk of their sales are medical in FL?

panderson1988

I say that is debatable. All of Jet Blue's debt load is where it is at today. Also I feel like a big part of their possible growth was expanding across the country. Spirit gave them that if it went through. There is a lot we can dig into with Jet Blue, but I think their biggest issue is their exposure domestically. Their domestic exposure outside of the NE, FL, and Los Angeles is very limited. I think that is a missed opportunity there.

Own_Fold_5212

Well said, the overwhelming majority of the progress to date has been at the state level. Exception being S3 movement. TX, FL, and even PA are great examples of GOP resistance. And even a number of them getting on the record to oppose the S3 push from Trump was bonkers given the facts. Let’s mention FL one more time because the opposition there is wildly unethical. Kudos to Trump on helping to push S3 along…but he’s more of an outlier vs the GOP party at large when it comes to reform.

blindsk02

No, it was totally whats his name's brother (The guy who wanted to move to FL and retire after inheriting an aunt's money, who then hung himself when Tony said no). It was called back by the guy sitting at the bar wearing the members only jacket, the same jacket the fat guy gave him shit for wearing early in the series.

blindsk02

No, it was totalled whats his name's brother (The guy who wanted to move to FL and retire after inheriting an aunt's money, who then hung himself when Tony said no). It was called back by the guy sitting at the bar wearing the members only jacket.

beatenmeat

Not sure about CA but in FL you need 2 or 3 different licenses to do it legally. Saltwater Fishing, Saltwater Product License, and the wholesale/retail license. I can't remember if the Saltwater Product License includes the fishing license by default as well which is why I said 2 *or* 3. There's probably a similar setup in CA though. Also, good luck ever getting FWC to answer any questions you have about the licenses and requirements needed. We basically got to the point where we got everything we *thought* we needed and then just went for it. Figured if we were doing something wrong we would eventually get stopped, pay the fine+fix the problem, and then continue like normal. Never had any issues though in that regard thankfully.

Electrical_End_631

Mosiac has some operations in the Middle East last I heard. Florida is running out. They have shut some facilities in FL

SlartibartfastMcGee

I would like my banbet on oil to be recognized. CL to $92 this week. https://www.reddit.com/r/wallstreetbets/s/FL237oRSsS

Independent_Name_601

$12.99 here in FL still.

TheDevilintheDark

e**N**shiti**FL**i**X**ation

ProfessorAkaliOnYT

$IREN deal announcement tomorrow morning? [https://x.com/FL0WG0D/status/2044506073667600834](https://x.com/FL0WG0D/status/2044506073667600834) [https://x.com/LM080910/status/2044941086368440830](https://x.com/LM080910/status/2044941086368440830)

t2mo24242424

Lol idk if plowing into RE rn is the smartest… foreclosure activity picking up and prices tanking in FL. If you want a shitty trade idea to piggyback on I’m balls deep in CCL calls https://preview.redd.it/vbzz8ox93ovg1.jpeg?width=1320&format=pjpg&auto=webp&s=5f9ecb681ff479b4087662e2a411e5e138eca567

need4speed8

I was in Boca, FL. Claimed the same thing. I think he's offshore... hiding from authorities or creditors.

Due-Freedom-5968

The Vegas and/or Orlando hotel occupancy indexes are both reliable US recession indicators. I will never forget visiting International Drive, FL back to back in 2007 & 2008 and the stark difference with the latter retail storefronts suddenly boarded up, and the empty streets vs. the year before.

surmoiFire

FL propose sin tax on onlyfans creators, RIP my life in Miami series

RADToronto

QIMC, SCD, FL, ESM. Once the strait of Hormuz is open critical minerals are going to soar. The reason they haven’t is because fuel is The number one expense for mining companies

RagingBearBull

NYC will always be fine. The city has the same GDP as the state of FL. Supplying a small sized city will always be more profitable than a state. In other words, NYC as enough money to supply itself. Places like houston and dallas R fucked

anotherloserhere

3 Wendy's closed near me (I live in FL). So probably not

InterstellarReddit

And the one thing I see nobody talking about is rent. My lease renewal came through for rent and my rent went up from $2540 to $2900 in Miami FL starting in June. This is insane

NewAccount428412

Come to FL

Frosty-Pea-4577

4.4 in north FL, was 2.6 b4 the war

IvoryTowerResident

Data says otherwise [https://fred.stlouisfed.org/series/BOGZ1FL263092141A](https://fred.stlouisfed.org/series/BOGZ1FL263092141A)

Tiaan

I'd attribute this jump to the intoxicating hemp ban that took effect mid 2025 in FL. I hope we continue to see growth in cannabis sales as intoxicating hemp bans take effect nationwide and ultimately federally later this November

modder9

He was scheduled to stay in DC this weekend (he ALWAYS goes to FL for the weekend). He has no scheduled media appearances since Friday at noon. IF he was at Walter Reed - it wasn’t an emergency. When I read he was staying in DC I thought that was for sure a sign of boots this weekend, but it makes more sense if he was having a scheduled procedure. He has no problem declaring a ground war in from the gaudy interior of mar-a-Lago.

modder9

He wakes up in FL, flies to DC, then flies back to FL to go to bed 5 days a week. Staying in DC on a Friday with no scheduled media is extremely noteworthy.

modder9

He isn’t going to Florida this weekend. Shit is FUCKED. He flies from FL to DC and back for bed everyday of the week.

arkeus1

Why are all the absolute dumbfuck congressman from FL?

ratbaby86

From rich Cubans in South FL but certainly not the locals.

AegonTheMeh

> With FL jumping to $4.29 the national average will likely hit $4 in a few hours https://x.com/gasbuddyguy/status/2038694184773656885

I_am_Nerman

Apollo moving to TX, FL Billions still leaving NY & CA

cryptohorn

Kissimmee, FL for the win

dicta85

Bold of you to assume he would care about the optics of announcing that in FL.

JonathanBinkleton

Look up public salaries and you'll see top academics make more than 300K in the US. For instance, here are UF salaries: https://govsalaries.com/salaries/FL/university-of-florida

DieselWurm

Ah, another case of not reading the article. They were talking about FL rep Dunn, not Mike

garnett8

Venice, FL yep

iselltires2u

why not from DC, can mail in vote from DC but need to give some bullshit speech from FL?

CannaVestments

Another quarter of modest improvements from Curaleaf, with revenue and aEBITDA slightly ahead of expectations, although expenses are still high relative to peers with cash flow still entirely reliant on their ongoing 280e challenge (2025 OCF was $137.7M as reported but only +$3.2M when factoring in unpaid 280e taxes). International growth led the way during 2027 (up 63%) while the domestic business struggled in 1H before leveling off in the back half of the year. Debt remains high (especially when considering the uncertain tax position), so relief from rescheduling remains much needed. Full review: **Revenue:**  QoQ: $320.2M to $333.1M / YoY: $327.9M to $333.1M FY: $1.33B to $1.27B *Nice growth to close out the year at 4.0% sequentially and 1.6% YoY (ahead of consensus of $329M), although FY revenue was down 4.9% with good international growth but declining US sales. International sales ended the year at $173M, up 63% from 2024. 1 new FL store was opened in Q4.* **Adjusted EBIDTA:**  QoQ: $71.7M to $69.0M / YoY: $76.2M to $69.0M FY: $303.3M to $274.7M *Down sequentially, YoY, and for the full year compared to 2024, although this was ahead of consensus ($67M). Margin was just 20.7% in Q4, down from 22.6% in Q3 and 23.3% last year. FY margin was 21.7%, down 100bps from 2024 and still the lowest mark amongst Tier 1 peers.* **Gross Margins:**  QoQ: 49.9% to 48.6% / YoY: 48.0% to 48.6% FY: 48.0% to 49.8% *Steady here- down sequentially but up YoY and for the full year. Solid results.* **Operating Expenses:**  QoQ: $155.7M to $158.9 / YoY: $165.8M to $158.9M FY: $616.0M to $605.6M *Up modestly sequentially but down YoY, and for the full year. Good cost control given new stores opened over the last 12 months although still elevated relative to revenue compared to peers at \~48% for the year.* **Operational Cash Flow:**  QoQ: $48.4M to $42.3M FY: $163.6M to $137.7M *Steady sequentially but down for the full year. Adjusting for unpaid 280e taxes, OCF was -$8.2M in Q1, -$20.3M in Q2, and +$9.4M in Q3, and +22.3M in Q4 for +$3.2M in 2025 reflecting the reliance on the ongoing 280e challenge. CapEx spend was $15.6M in Q4 and now $63.4M for 2025, down from $95.5M spent in 2024.* **Cash:**  QoQ: $107.5M to $101.6M FY: $107.2M to $101.6M *Positive OCF was offset by CapEx spend and a net debt paydown (old debt retired and new debt taken), with further refinancing occuring in Q1 2026. Debt stands at $548.7M and an uncertain tax position of $531.5M.*

virtual_adam

Gottheimer isn’t even in the top 10 in terms of success rate. Rep. Warren Davidson (R-OH): 78.8% Rep. Donald Norcross (D-NJ): 70.8% Rep. Terri Sewell (D-AL): 67.9% Rep. Bryan Steil (R-WI): 62.5% Sen. Alex Padilla (D-CA): 61.7% Rep. Nick LaLota (R-NY): 61.6% Sen. Rick Scott (R-FL): 54.8% Rep. Michael Guest (R-MS): 52.5% Rep. Tom McClintock (R-CA): 50% Rep. Dwight Evans (D-PA): 41.9%

Rare-ish_Birb

What time is dear leader speaking at the GOP dinner in FL

hacksong

Velo are 2.96 in FL

eeaxoe

Per OSINT Twitter: > A significant movement is underway from US Army, Navy and Air Force bases in CONUS to the Middle East comprised of at least 35 C-17 flights since March 12th, with 11 more flights on the way. > Origins: + 12-Hunter Army Air Field/Fort Stewart, GA + 8-Unknown + 7-JB Lewis-McChord, WA + 6-Pope Army Air Field/Fort Bragg, NC + 4-Campbell Army Airfield/Fort Campbell, KY + 4-Gray Army Airfield/JB Lewis-McChord, WA + 4-Naval Air Station Oceana, VA + 1-MacDill AFB, FL + 1-JB McGuire-Dix-Lakehurst, NJ > Destinations: + 17-Ovda Air Base, Israel + 13-King Faisal Air Base, Jordan + 4-King Hussein Int'l Airport, Jordan Yeah, this isn’t ending anytime soon.

Original_Mango9316

What the fuck. Most of my family is living in FL and I was going every year, but no plans to visit as long as this circus is not over. Glad my family prefer Canada and are rich enough to spend 90% of their time here since the election.  Some even consider moving here permanently and would have done it already if not for my grandmother who can't travel anymore and need care there..

PompeiiSketches

Central FL

rooftop_druid

If I’m the FL coach I keep my starters in. You put the second string in on this practice team and they’re gonna get too cocky when they have a career game from it.

THEBLUEBRICK99

It's not I'm from FL and heard it all my life. Joined the military so moved everywhere and coworkers from everywhere. It's just an everybody thing

Rare-ish_Birb

The Annex, 11120 NW Gainesville Rd, Lowell, FL 32663 Bring id.

AlbertiApop2029

[NASA will roll Artemis 2 moon rocket out to the launch pad on March 19](https://www.space.com/space-exploration/artemis/nasa-will-roll-artemis-2-moon-rocket-back-to-the-launch-pad-on-march-20) This will be the year of the Space Mob! I saw a Starlink commercial on TV the other day. ASTS, PL, ONDS, UMAC, AMPX, RKLB, TSSI, FLY, JOBY, just check them out. SpaceX ipo coming, this may hurt some of these stocks or help, I'm undecided. \---- 4/20 bet plus rescheduling cannabis TCNNF. I visited today and it's legit, clean, good knowledgeable staff. They are a solid player in the FL landscape. In for 100 shares.

Spicyboi981

Bondi tried to do gun control in FL and prob will at a national level

CannaVestments

A good but modestly mixed Q4 from GTI. On the positive side, revenue and aEBITDA were well ahead of expectations with Minnesota adult-use sales leading the way in Q4 as GTI remains one of the few companies continuing to show top-line growth. Negatively, margins came in further and expenses were elevated, consistent with most of 2025 as price compression continued in key states. GTI continues to generate significant cash flow and boasts an extremely strong balance sheet (with further debt taken out recently in Q1), suggesting they may become more acquisitive in 2026. Full review: **Revenue:**  QoQ: $291.4M to $311.1M / YoY: $294.3M to $311.1M FY 2025: $1.14B to $1.18B *Big jump sequentially (up 6.7%) and YoY (up 5.7%) to close out the year, well ahead of expectations ($296M) led by the onset of AU sales in Minnesota where GTI has 8 stores. FY revenue was up 3.4%, led by 12 store openings and strong performance in MN/OH/FL/NY, offsetting price compression in other states.* **Adjusted EBIDTA:**  QoQ: $80.2 to $100.2M / YoY: $97.8M to $100.2M FY 2025: $371.3M to $348.4M *Big jump in Q4 to close out the year, good to see after YoY declines in the first 3 quarters of the year. FY 2025 aEBITDA was down 6.2%, with management highlighting double-digit price compression in multiple markets. Note that management is adjusting out the licensing fees paid to partner-asset Rythm in this figure now.* **Gross Margins:**  QoQ 49.4% to 45.4% / YoY: 53.7% to 45.4% FY: 52.9% to 48.9% *Steep drop sequentially, YoY, and for the FY 2025, with management again pointing towards price compression as the culprit. Note that the Q4 figure includes the licensing fee to Rythm for the first time, so a comparable figure would be 47.6% with the $6.8M licensing fee added back.* **Operating Expenses:**  QoQ: $107.3M to $122.3M / YoY: $101.0M to $122.3M FY: $376.7M to $437.2M *Big jump to close out the year, in part due to new licensing fees but also with added costs for new store openings and increased SBC.* **Operational Cash Flow:**  QoQ: $74.1M to $90.1M FY: $294.9M to $195.2M *Big OCF generational to close out the year as GTI stopped paying 280e taxes like peers as they expect rescheduling in 2026. 280e adjusted OCF was $177M in 2025 compared to $199.6M in 2024. CapEx was $14.7M in Q4 and $81M for 2025, in-line with 2024 and forecasting a similar spend for 2026.* **Cash:**  QoQ: $226.2M to $274.3M / YoY: $171.7M to $274.3M *Big jump to close out the year driven by the OCF generation, offset somewhat by CapEx and share repurchases ($14.1M in Q4 and $38.9M in 2025). Note that GTI took out an additional $50M in debt in Q1 and also won a $17M legal judgment from Ascend so this will balloon further in Q1- certainly bringing up the question of where they want to spend beyond the $80M capex forecast.*

Far-Curve-7497

Idk man, i can get 3 burritos, nacho fries and medium drink for under $10 in FL. Nobody should est more than that in a single meal

InverseTheUniverse

Yea no shit if the market was the electoral college, and dollars are electoral votes then the entirety of retail would be Wyoming and institutions would be NY, CA, FL, and TX with absolute control of the outcomes by themselves.

Grouchy_Spare1850

this was the 80's, we wore jackets in the ring/pit's/walking paths. People liked to personalized what they were good at. So this guy on the NYSE FL was great at getting oil stock fills and most likely OTC oil stock fills. I had on my Comex jacket had a propeller hat, I was good to ask about software stocks ( stocks and comex had no relationship, but you want to chat with anyone who made money consistently), another guy I knew and drank with had stacked gold bars ( fat jerk but had 2 banks as his clients ). You personalized your knowledge so people would chat with you or do business with you based on your skill set. I still know this one Chicago trader that was in Wheat & Corn. All his clients read his newsletter, and he had a book of farmer and those processors business that was beyond amazing. I met him on a trip and this guy knew everything from planting to reaping to shipping it.

kryptonyk

Man. That’s brutal. I live in FL so I’ve known many Cubans. Most have awful stories. I also visited Havana once and it was just straight up sad. I did not want to stay any longer than our 2 days. Even our tour guide told us about how she lives in a house with 3 generations and that’s what everyone does because there’s no choice. She commutes an hour into Havana to guide every day… and her dad is even some sort of local politician.

PM_ME_YOUR_BIG_BITS

I'm not aiming for a gotcha. JCHS did a \[great analysis\](https://www.jchs.harvard.edu/blog/home-prices-surge-five-times-median-income-nearing-historic-highs) on home price/income ratio. I'd highly recommend checking out your area and the historical comparison. Housing is expensive, but income/home price is hard to generalize. In a huge portion of the country, the ratio really hasn't changed all that much. Places where they're 7-8x were either historically always elevated (CA, Hawaii), or have gotten very popular for migration or demographic reasons (CO, FL). Look, I don't even begrudge you for being upset you got fucked. You got fucked the same way people in 2006 got fucked when rates were the same they are today and the bubble hadn't popped, except they had to go through a recession too. Or the people in the 80s who got rat fucked by interest rates, or the people in the 70s who got rat fucked by the oil crisis. Full disclaimer, I'm someone you're probably upset at. I was house hunting for my first house in Jan of 2020 and bought in March. My rate went from 6 to 4 to 2.5 while under contract. And while I'm incredibly fortunate, I also can never fucking move, and I'm getting rat fucked on property taxes for a house value I can never sell at.

Tiaan

Sucks to see that corruption is running rampant among FL's state leadership. In 2025, the FL state government passed new rules surrounding ballot initiatives in the state. Following these new rules, none of the dozen+ submitted ballot initiatives qualified for the 2026 election, including Smart and Safe's ballot initiative which claims to have submitted well over 1.4 million signatures (with only 880k needed) This article covers it quite nicely https://www.commondreams.org/opinion/florida-ballot-measures, but it looks like ballot initiatives are effectively dead in FL if they do not have the full support of the FL state government

AlbertiApop2029

I was looking hard at CuRAleaf (CURLF) and TruLIEve today. [FL can't get it together](https://www.marijuanamoment.net/florida-voters-support-marijuana-legalization-new-poll-shows-as-state-officials-defend-invalidation-of-ballot-signatures/), but that was actually a positive for TruliEVE.

No_Cow_8702

And you have to deal with snow. We dont got time for that bullcrap and keep on attracting major companies. If you’re from Massachusetts then it explains why you’re acting like a salty pre-madonna that wants to start crap. How about dem Patriots that just got crapped on eh? How about the Bruins getting waxed on by a FL team?

dont_downvote_SPECIL

Why is Pete Hesgeth in Tampa, FL? I'm in Tampa as well

Gladiz1972

I am in FL so VUSXX or VMFXX is the clear winner for me anyway

---Right--Tackle---

Do you mean from FL to NYC?