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Yeah, at least publicly Ben always said his intent was to focus on building a business that could success independent of reform and so he didn’t like discussing. He’s done it, GTI doesn’t need the reform as desperately as others. While Kim dropped a ton of $$ (amendment 3) and time; and she’s led the charge with Trump. Takeaway is they took really different approaches to building their businesses. Kim’s definitely benefits the industry more overall, Ben’s benefits GTI.
What I find interesting is GTI was happy to let everyone else do all the heavy political lifting the last bunch of years.
No complaints on him locking himself away to execute 😁 No 280E owed, $220M in cash with no debt maturing until 2029 (and can manage it), profitable every quarter since forever. Those are all common; the other nugget is GTI had another 30+ licenses they have not opened retail locations for. And a solid presence in PA, VA, and FL already. We’re primed for growth; if institutions enter the sector they’re all picking GTI.
GTI just might get a buying opportunity again.
>Heck, we even have Ben Kovler from GTI on Fox Have a link for that?
Trump's comments were insanely bullish. Heck, we even have Ben Kovler from GTI on Fox News saying he's hearing that the EO will happen this week. The dude typically never does media interviews
Let me guess: Dan sold GTI at the end of the day to buy CURA
My sell target for GTI is $35 to $40 low end; willing to wait for it 😎…and hey, if a meme craze drives it higher than expected that’s awesome haha There’s some great companies in the sector, and a whole lot of bad ones Right now all companies benefit, once fundamentals matter then me thinks the great ones will separate themselves from the rest GTI has always paid 280E, not needing to pay if S3 happens gives them a lot of extra cash…generally, others are not paying and the question of forgiveness is very much a risk
We’ve been patient many, many, years. Hang in there 💪🏻; this looks incredibly promising and there’s been a lot of signals leading up to it. S3 alone is massive, look at all of the state movement when it’s on S1. Makes for an easier case on banking an other reform. And congress isn’t needed for FinCen and related reviews that could allow the big banks to handle these stocks (I use Ally for my GTI 😂🥲)
I’m with you on GTI, mrmd, rym and cgc
Friday put me in positive territory again for what seems like a half dozen times over the past few years. The GTI drop from $15 down to $5 was tough. So far, this has been a terrible investment for me. I hope it doesn't stay that way forever.
I’m loaded to the hilt on cannabis stonks- very excited for some inevitable reform at Fed level. HODL thousands of shares (longs, no expiry) across LPs, MSOs, ETFs, and added some leaps / calls for Jan 26 and Jan 27. Aside from trying to rid my portfolio of closed non tradable CannTrust and MedMen dog shit I’m holding everything else. I averaged down heavily on Cresco, GTI, Trulieve this year, and really really need a big turn around to make up for opportunity cost lost in the sector here- but made some fun friends along the way! GLTA longs!
Loving my weed stocks run on Friday. I think it’ll continue. GTI is the best of the bunch.
Happy Sunday gang :) Got burned on cbst with a few of ya my current DCA is 0.28 CAD including holding the warrants. Hoping it rides the rising tide next week, will not only rise cbst but also will out perform other mso's as the goingcoincern risk lessen for this company. Hence not rolling out of it jusssst yet. For the more medium term ride though want to roll out of this into more stable operators.. what do you guys think about simply going 25% into each trul/GTI/cura/Cresco.. I also like a couple comments about watching which 1st or 2nd tier mso underperformed the average up and rotate into that for the catch-up.. every week or so rebalancing. Hopefully a can't lose situation haha but been here for a few seasons
I think your questions/thoughts are valid. The key takeaway and what I have been tossing back and forth in my mind is how quickly I need to rotate out of my the final dog I am holding (Cansortium/Fluent). Outside of the hype spike I am guessing the reality is that if the EO is actually issued, these things are going to take time to implement.... time enough for people to start questioning their holdings/investments and if we know anything about society today - patience is not a virture.... the stocks may shoot up 50%+ more next week but its going to take months for things to actually happen... \- Do I feel comfortable holding Fluent for the next few weeks to ride the hype? yes. \- Do I feel comfrtable holding Fluent for the long term thinking they are legit? Probably not leaning hell no. \- Do I feel comfortable holding GTI for the next few weeks to ride the hype? yes. \- Do I feel comfortable holding GTI for the foreseeable future? yes. I think the answerfor me is to rotate into the strong companies - even if that means less of a "pop". I look at a company like CNTMF which is significantly much riskier and compare it to a solid company like GTI - both companies ran up 50% on Friday.... is there really much more reward in holding the risky names rather than solid companies at this point?
Would love some 10x action. If GTI hits $100/share - about a $23B market cap - I will be celebrating. That (and a rise in some of the others) will get me roughly halfway to retirement overnight.
Well said, GTI long thesis prevail 😂🥳
Congrats on your RYM play man. You held through that pretty nasty drop right? I thought about buying some when it was down but just decided to add to my GTI position instead.
GTI and Tlry. But mostly TLRY just because I had to keep averaging down so my portfolio would not blow up. I do think they will have a meme run though and potentially go higher than the MSOS
CL can for sure hit 10. GTI to 100 would be wild.
GTI started lobbying in mid-2023 with lobbying firm Akin Gump. They terminated their lobbying at the end of the second quarter on 5/31/2025. GTI just registered a different lobbying firm on 12/1/2025 called [Forbes-Tate](https://lda.senate.gov/filings/public/filing/80db6515-9068-4309-9efa-b9f7f08801a8/print/). The only organizations that use Forbes-Tate for cannabis lobbying are [Altria](https://lda.senate.gov/filings/public/filing/aac16d47-6512-4ae5-8b51-dac1a5bf57d3/print/) and [CPEAR](https://lda.senate.gov/filings/public/filing/52ecdbdc-df10-4c75-93c3-0eaddfca1726/print/). CPEAR is the cannabis advocacy group run by big tobacco and big alcohol (Altria, BAT, Constellation, Molson). They also include the National Association of Convenience Stores, and the Convenience Distribution Association. CPEAR's executive director is a senior VP at Forbes-Tate, and Altria has used Jeff Forbes' firms as a lobbyists since 2009.
Will be in the attic this afternoon. Looking for those moonboots from many years ago! GTI to 100, CL to 10
> take advantage of the RYM/GTI spread….you could almost trade this like a pair stock. I've noticed this as well. Would love an explanation as to how a pair trade.might work on these two?
I'm positioned well but wish I would have had a few more chips on the table. Overweight GTI, exited a quarter of that position today. Had a modest RYM position bought nearly at the bottom, managed to fully exit that for a nice return. SNDL is locked and loaded, hopefully it will catch up next week. CRON is a long I'm not selling. And then MSOS....ugh. That's the disappointment. I hate that etf, only swing trade it. Got caught in it on the downturn, wrote a bunch of covered calls that I didn't manage to exit. Currently locked into them and will likely be forced to sell way too low in the end. Which is a bummer, but I'm fine with it. I was set up well on that position had we flushed further. Probably more detail than you were looking for. But I'mfew cocktails deep poolside at the hot springs with no one to blab about this to. Ha. How about you? Feeling good about your positioning?
I’m not a day trader (not now anyway), either. But I wasn’t sure if you would take advantage of the RYM/GTI spread….you could almost trade this like a pair stock. Anyway, I’m heavy enough in GTI, nothing to your extent and I see the long vision too, but I think GTI will outperform RYM.
Whether or not it happens Monday; it will happen. Every company is up right now, but long term quality operators will win the day 🥳 A +100 to 200% is nothing. Being invested in a long term survivor like GTI now is the way.
Trulieve is going to be the big winner GTI and Curaleaf will also do well
Did you take off any RYM at that crazy spike? Congrats for having the conviction and transparency to disclose this massive holding. Just wondering if you managed to swap out some RYM for GTI?
Not at all. Today was relentless, it was one of those, but shares early if you can, or if you can’t just turn off the pc and let your positions move. The buying pressure was unlike anything we’ve seen in the last few years. We’re far too low to even be considering hedging or taking profits, or even having stop losses…but that’s just me. I have my big GTI and some smaller positions, but I’m not touching them. If this turns into another rug pull and these things peel over another 30-50%, then I’ll dump more capital into GTI.
Could GTI and trul get to all time highs in the next 3 months?
GTI and TRUL will both go up from here on any solid confirmation. We are still down near 50% from pre-election, and both companies have only made money. If Trump cancels 280e for TRUL back taxes, they go parabolic.
So is my GTI gain today. 23K shares baby
Here’s the thing. Companies like Greenthumb will now be printing money! And if Hemp actually reverses the path of sales and margins, and then margins and revenues start to grow, then EPS will finally start booming - crushing expectations. And who knows what future catalysts there will be, safe banking? Which again would be a big driver to new income (increased sales, better financing, etc), which will be continued growth. Now if you’re invested in a company like Verano or Curaleaf? I don’t know, they still got all that debt which will weigh them down for years even though the stock might rallly. And tillray is another one, how much will they actually benefit with rescheduling versus Trulieve or GTI? I guess it comes down to each specific company and your goals for being invested in them…..
He's trying to figure out how much GTI he needs to sell to buy CBSTF
Maybe GTI catches up. They are lagging horribly
Same. I just kept buying more GTI
For a few reasons. First, Im happy to take the significant profit on a portion as protection against this being yet another nothing burger. Second, I'm overweight the position so its sensible to scale out on the way up. Finally, this is the start of a bigger strategy to exit a lot of ky cannabis positions on reform news. The uncertainty on the backside of such change is significant and therefore risky. Many around here will champion rising this to ridiculous levels. That strategy rarely works and usually leads to riding over a top, failing to take profit, and stuck in a position. I learned ling ago not to be that.guy. Fwiw, sold about 10% of my GTI this morning at 8.55. Limit sells are already step at staggered prices from there upward.
Or, if you are the only company (GTI) that has paid them, are you due a huge refund?
GTI is my uncertainty as well. My sell orders started at about 30% from today's close. Seeing MSOS up 40% after hours has me moving my limits up a bit. But history tells me I'll regret being greedy.
My thesis is to hold. I'll think about selling when GTI is uplisted off of the criminal OTC exchange. Only then and there will we see the real value of the company.
Waiting for GTI to go sub 6… feeling like I missed the boat… again… 😆 Read the article… Trump talked about it in a phone call on Wednesday and supposedly an upcoming executive order… is upcoming the new “soon”? Last time around it was a couple weeks…. Time before that… something about Don Murphy at a Waffle House… There’s this old saying in Tennessee… fool me once… Again - feeling like I missed the boat… at the very least I should be able to use the volume to rotate out of my last dog in the sector.
It makes me sick they control GTI so much. I’m with you on mrmd not being big in the fund. I have not watched the action between msos and mrmd, or the correlation between them. I have been watching mrmd more closely lately, however, I don’t think they have anything to announce in near term, or they would have to preserve share price. That means they bleed until they have something or msos bottoms.
It’s a logical and fair reminder For the good companies in the space, stock prices are way below intrinsic value. You invest in fundamentals; but they aren’t what will drive price up until there’s larger reform (S3, banking, up-listing). Don’t get discouraged by price decreases or minimal increases; you’re (hopefully) investing for a price that’s way higher than current 😂 I’m hoping for a GTI exit at at least $35+ some day and am okay waiting. So can’t lose sight of that is the point.
I don’t. I own my core investment in GTI. I have been adding on pullbacks only until real reform. I started adding Trulieve as I believe they have a long term future from an investment pov. I’m more cautious because of the tax issues. If resolved favorable or FL goes rec, it’s game on.
Why would you favor Trulieve over GTI as an investment?
Stock price and market cap are way below its counterparts when you compare their financials. Cresco is the largest cannabis producer in North America and has done really well to consolidate and take debt off its books over the last year. Low interest rates in the coming year are going to benefit them dramatically. Cash flow has been trending positive and should make them profitable in the next year on par with a company like GTI. Couple that with the crack down on hemp, derived THC, the potential for Medicare to cover some of these costs, and the near eventuality of federal loosening under Trump as he and certain members of Congress lose political favor in the upcoming midterms. He’s hinted a lot, but I believe it’s coming. It’s one of the more popular topics amongst the general public and it’s coming. I know the company and the people involved in it intimately and they have been there since inception. This thing should be at least three times the price that it is right now. Once the fed loosening hits, we’re talking much larger multipliers.
Absofuckinglutely. I plan to sell nearly all of my sector holdings in the immediate aftermath of tangible news. My worry is that bigger money will best me to it. I'll likely hold my Cro os, maybe a small bit of cost free GTI.
I’m looking for opinions GTI OR TRULIEVE which is the better of the two to invest in ?
VFF did apply for a license, surprised they weren’t awarded as they have their Cbd business in Texas no idea of GTI applied or not
Didn't see VFF on the list. Weren't they expected to get one? Also, I assume GTI put in for one. True? If so, uffda.
Meh, I did the same on GTI. Canceled by 5.35 order to replace it with a 5.05 order that would go unfilled. I'm ignoring the fomo feeling. I made a calculated adjustment that made sense at the time. Not going to beat myself up over it; nor will I chase yet another run built on zero substance. Conservative restraint is the only way to make money in this sector.
I think the simple answer is a mix of MSOs being on OTC and schedule 1 status really limit any institutional buying and generally limit investment. Creates a really big disconnect in stock price / market cap vs fundamentals / valuation. At the same time, the longer reform takes the more companies die / restructure / get paralyzed; while GTI and a small part of others are able to survive. It doesn’t help the stock price here and now, but the longer reform takes the better off GTIs position becomes given that.
Okay man you’re never wrong, no matter what. You can’t talk about growth in GTI and not read the filings , you can’t talk about Tilray and have the balls to talk about cash burn.
Lmaooo you haven’t read any filings on GTI and by that statement Tilray either lmao.
He’s also the guy that mentioned GTI burning cash foolishly LMAOOOLOL
I own 23K shares of GTI. I wouldn't touch any of the other companies in this sector. Not that it would matter anyway, I'm still losing money. Greenthumb dumps with everything else.
My question is does this really benefit GTI shareholders? Companies continue to use funds for things that may or may not make profit in the long run. As a shareholder it concerns me.
There’s definitely a fear of being uninvested in this sector, and that’s why you need to have some capital allocated to the winners (GTI) but be prepared to roll the trades. It’s quite clear the MSOs are almost uninvestable as a sector, and the ultimate irony is that in the last 12-18 months we’ve actually seen a handful of Canadian LPs turn solid profits with rising margins and revenues. If you told me a year ago that there would be better investments in the Canadian space in 2025 versus the US, I would have ridiculed you until tomorrow…..
Well Tillray had that ridiculous run-up that probably never should have happened....I lightened up some GTI today, who knows if this will peel over come Monday (we've seen this far too many times).
Yeah. GTI’s good too. I think RYM will be worth more then GTI and out pace it by 2030
I don't understand it, and I won't buy it. I've bought a bunch of GTI at these lower levels and a shit ton of Auxley after diligently going through their financials. As I said before, it would be better to just buy GTI. Maybe if RYM crumples down to single digits it's worth a flier, but not if there are good buying opportunities elsewhere....
Honestly your info sounds more like employee rumor than actual fact. >”Eugene Monroe the NFL football player overhyped GTI so is way more talk than actual profit” Fact: GTI is the most profitable cannabis company consistently over the last several years. No idea what you’re talking about. I don’t even know who Eugene Monroe is. >”They are using funds from Jim Beam to prop up their financials” Bullshit. Where’s the proof. This is a publicly traded company with rigorously reported financials. Sounds like rumor. >”GTI corporate office does not consume cannabis” I’ve literally seen video of Ben Kovler taking bong rips. He very clearly consumes a lot of cannabis and is often posting this on social media. I don’t necessarily think this is a good thing, but it goes to show your statement is false. Anyway I’m not saying MRMD is bad. I’ve seen others on the weedstocks sub marketer case like you are. GTI has always been the favorite of institutional investors and will likely recognize the benefits from that if cannabis is rescheduled or other restrictions are loosened.
I saw behind the scenes at GTI. MRMD is undervalued.
You should post how much they have sold of GTI too. It’s insane
It's largely due to MSOS bias. The ETF has way too much power over how flows into the sector are divvied up. To give you an idea, YTD through Sept 30th, MSOS bought the following ($ cost is rough estimate based on avg price, but share count is real): 27,763,839 shares of $CURLF: ~$58,000,000 USD 6,664,172 shares of $TCNNF: ~$36,000,000 USD 20,667,716 shares of $TSNDF: ~$16,000,000 USD 2,308,623 shares of $GLASF: ~$14,000,000 USD 15,286,863 shares of $CRLBF: ~$15,000,000 USD 13,150,626 shares of $VRNOF: ~$13,000,000 USD And finally, 1,160,328 shares of $GTBIF: ~$5,800,000 USD Dan, $MSOS ETF manager, despises Ben Kovler and GTI, and prefers to buy just about any other weed stock other than GTI for that reason. Fundamentals be damned
This is why knowing the company’s matter. We know GTI is the real leader and is extremely undervalued. That will change one day. The reason is because of OTC and very little liquidity. MSOS is the what keeps GTI down. They always sell GTI and buy other names , CURA being the biggest by far. MSOS responsible for keeping GTI low and they are also the reason CURA is so high.
GTI looks great. Any opinion on tilray or cgc
GTI / RYM. GTI is a no brainer trading below its actual book value. And has virtually no risk of insolvency, cash flow positive and little debt. RYM is more of a personal conviction and too complex to explain. Id recommend buying now, but if you don’t understand why then don’t.
Hope you're right. This sell off seems artificial. I made a post about it. The fundamentals of cannabis haven't changed. Enforcement on federal lands is sensible..closing the hemp loophole was expected as the industry is out of control with a lot of illicit operators. If the industry was in real trouble I'd bail, but I'm not too worried about GTI and Trulieve weathering the storm.
That’s why I only buy GTI for now.
I know you're not new here....the rally earlier off the year when MSOS was at $2 was purely on the hope of reform. Since then it seems like the reforms we need are either convoluted (hemp ban bill is still vague) or simply hasn't happened (rescheduling). By that logic we can probably head back lower to ATH. Like what Heliumbox say, all these high debt guys are in trouble (which sadly is the majority of the industry) and as these stocks selloff even the best names will be dragged down. Be patient and smart about capital management - I'm only adding in GTI and now Auxley, with some ACB trades....
I'd wait, I am....MSOS looks like it will break $3, and then expect another big dumping. I'll buy more GTI when it drops below $7CAD, and at this rate could be there in a few days!
If competitors in the sector die and new entrants are more limited (if able to get capital to operate at all), why do they need to make acquisitions? They can continue to invest in acquiring new licensees and opening stores, they also have more licenses than retail locations. GTI doesn’t even need to grow, they just need to sit there with or without reform while competitors restructure or follow in AYR footsteps.
I own cresco & GTI. Cresco is a good company, top line is shrinking, margins have remained steady, and they always hold top 3 market share in major markets they are in. They are looking at Germany now which I spoke about them doing well before it was announced. He was head of the panel and was pretty much looking to partner with someone. Cresco needs PA and FL to flip but a lot of people don’t talk about the crazy amount of money they to pay under “non controlling interest”. This is for 3 dispos out of IL. If they can just pay out those owners or renegotiate the fee this would unlock/ free up a lot of cash. I believe in Charlie, & I believe cresco will be the best company to be acquired behind GTI. They just over-leveraged in the beginning and wasted a lot of time/effort running in place with the Columbia care merger which would have been the worse thing for them.
I dunno. There is certainly a wave of new dumb showing spouting off about it. Really not enjoying the existential vibes GTI is putting out there these days.
Yeah, that’s the only negative point that I’ve heard on it. Just feels like an overly subjective take relying on vibes rather than fact or logic. I’m just glad I only hold GTI these days, just in case its true and we go for years without reform
Well played. I haven't exited my positions because I have a large GTI position that I've been holding long-term, and over the years aside from swing and option trades haven't been trading many names - in fact I always avoided the ugly guys (list above) because I didn't like their fundamentals. Now recently I've added several legs of capital in Auxly as I like what they've done after I had time to digest all their filings. My point is, investors need to be prepared for a drawdown in the equity markets and how that can affect your holdings. As always, don't get married to a position and have a plan in place - always!
Same argument I had with another GTI faithful the other day Barbs. The core of the argument was understanding company strategy, being 100% on the future outcomes, and a healthy dose of “trust me bro”. Is GTI paying ppl to spam the boards recently??!
My Trulieve average is too low to justify averaging up. Cresco just dipped below my $1.05 cost, so I can wait a little bit more to see if it settles. Same for GTI. If we're just bleeding down and going sideways for another year, I'm in no rush.
I'm not going to pretend to have actual answers but my guesses would be that it is multi-faceted. * Capitulation on Trumps "few weeks" * Rug pull on the random pop (fresh meat) on the ban news * Options expiring * End of the year = congress very unlikely to actually do anything, especially with all of the new and endless distractions that take precedent * Tax Loss harvesting/saving last bits of potential profits from earlier in the year pump * I think many were caught off-guard by the complete blindside of actually getting the loop hole filled * There is actually a very good chance that this signals congress/Trump cracking down on THC after this or at the very least continuing to side-step the whole issue (Cole memo rescinding all over again) * *most importantly*: we're back to just FUD, no one knows anything, whole market pulled back(prob some selling here to recoup some losses to buy the market dip), still major recession worries, lack of financial reporting/job numbers ect. I see basically *zero* chance that weed sees any action in our current political environment, as always there is something(s) more important to deal with and there are just so few days left in the year congress is in session. Even our best financially sound company(GTI) is going to take a hit from this hemp news after investing rather heavily into RYM just to have it all get trashed in a drive-by.
Thought I’d never have a chance to add GTI sub$6 again. How silly of me. 😂
Agreed. GTI actually has real fundamentals and is adjoined at the hip with all these other companies as they all move together.
This is really just an odd hill to die on. As you said, its a very small buyback program that literally is just covering stock comp. Really, what would you like them to spend money on? Buying other shit operators? Fluffing their store count needlessly? Or just sit on a mountain of cash for no reason. IMO GTI is the most undervalued of the bunch and thus spending money on themselves is a great use of capital. Cash isn't king when inflation is rampant and there are no plans to put it to better use. Even if S3 was announced tomorrow it isn't like GTI is suddenly going to be strapped for cash to expand into whatever states decide they're allowed to.
Alot of the Shareholders (myself included) and management team think it’s a great use of cash. This is why GTI differs from all the MSO’s and the balance sheet reflects that. It all comes down to capital allocation. If in the current market conditions no growth or expansion opportunities that are going to lead to at least a 20% ROI they are not interested. With the stock being as undervalued as it is, Share buybacks can be the one of best ways to use capital, if there is no better opportunities in the market. Pretty much every other MSO company prioritizes growth and expansion over everything. When any of the CEO’s talk they roughly say the same thing, talking about how profitable they will be when “X” happens. The always talk about 280e, legalization, adult use, and all the what ifs. GTI always plays to actually market conditions, and doesn’t rely on reform that hasn’t materialized. The have plenty of money and when the industry is as depressed as it is now, they feel share buybacks might be the best use of capital. As a shareholder this is why I invest with GTI.
>Boston Beer would never invest in GTI, I was digging into it yesterday to see if there were any overlaps from a timing perspective on Ben's exchange with Jim Koch, but I couldn't any make sense of it. I think in the end, Ben decided to go in on his own by propping up RYM later in the year. It's still very courageous of him to go in solo (albeit supported by ACT) and make a foray into this space. If not anything, it'll be (RYM) a good takeover target for anyone trying to make a play in this space when it opens up. It also leads me to believe that most executives see this space (hemp) being regulated sooner than cannabis although I am hoping they tie this reform with cannabis regulation (ie S3).
This is why I think the primary reason for creating RYM in the first place was so that they were able to get a big alcohol partner like Boston Beer. There is no reason to create a separate company with such complex structure to sell hemp beverages. Curaleaf and Trulieve didn't bother. Boston Beer would never invest in GTI, because Boston Beer isn't looking to get their hands into smokeable recreational cannabis. And companies that sell those products may never uplist at this rate. Boston Beer just want to stick to creating innovative beverage products, which is their specialty. I think a THC iced tea product would go well with RYM's current lineup of beverages.
I’m not predicting the Future. I told you what GTI’s strategy was. CEO direct words with action to back it up. Don’t buy GTI load up more Trulieve there 616m owed in taxes looks attractive
Saying you can predict the future is a sweet argument. Noted. Current buying GTI as a result 🤡
Speculative statements requiring a full build out. Do they even have cultivation to support more store fronts? I get everyone here is just talking thier book but my money stays on Trulieve’s already established mega retail chain and Jeff co facility in Florida. I don’t even think it’s close to GTI being in the conversation down there.
GTI's hemp company is losing a lot of money, with what I assume you would consider the premiere management in the industry. Note I am also an investor in both GTI/RYM, but GTI isn't also betting on hemp regulations happening.
* The GTI dispute (appeal filed January 2025 at Florida's 1st DCA) hinges on whether OMMU's denials of co-located dispensaries next to Circle K stores were arbitrary under state law (§381.986). This focuses on public safety risks (e.g., crime near fuel stations). Federal rescheduling wouldn't override Florida's rules but could provide persuasive evidence in court: * Reduces Stigma Argument: GTI could argue that federal recognition of cannabis's medical safety undermines OMMU's "health hazard" concerns, especially since other states (e.g., California) allow similar co-locations without issues. * Precedent for Leniency: It might encourage OMMU/legislators to revise guidelines, as seen in other states post-proposal (e.g., more flexible zoning). Florida's medical market (\~$2.5B in 2025) already has 80+ GTI (RISE) stores; easier placements could boost expansion. * Limitations: * The case is purely state-based—no federal preemption. Even Schedule III keeps cannabis controlled, so DEA could still scrutinize high-risk sites. * Broader Florida Context: Post-2024 recreational ballot failure, the DeSantis administration (or successor) remains cautious. Rescheduling might help banking/taxes for GTI but won't auto-approve co-locations. * Timing: With the appeal potentially resolving in late 2025/early 2026 (6–18 months typical), a delayed federal rule might arrive too late to sway it. In short, passage would be a tailwind for GTI—bolstering their "equal protection" claims by showing evolving federal policy—but it's no silver bullet. Monitor DEA announcements or the 1st DCA docket for updates. If Trump pushes executive action, it could accelerate things.
For Florida GTI may also execute the planned partnership with Alimentâtion Couche Tard (co-location with convenience store). Store count could go up very fast very cheap.
I think GTI was moving into THCa branded SKUs too.
It’s not insider information, but you have to follow the company closely or you would miss it. I will keep it brief, cause I’m busy at work. Look at GTI’s store count compared to Truileve. Its like just over a 100 for GTI , compared to 230 something for Truileve. GTI knows how important store locations are. GTI made the smart choice to lock up around 50 high traffic, tourists spots for for expansion when Adult use comes. The sights are already zoned, and approved and they have them locked up in contract. GTI has the capital and is ready to move on these Day 1. Trulieve and others priortized the current medical market and most locations are not good for Adult use. GTI FL locations that they are currently operating were also purposely purchased to be good and immediate converts for Adult Use. Trulieve is spending over a 100m on Campaigning for Adult Use , GTI going to swoop in when its time
Right. So like my post alluded to, you don’t know GTI’s FL strategy. Wait for the switch to flip, you see how fast GTI takes FL market share
I have done the exact same thing in the past when I moved out all Cannabis stocks to 100% GTI , so believe I get it. I don’t agree with others. I’m not trying to convince anyone else at this point. We shall see