What do you think is currently undervalued in the market?
$CURALEAF HOLDINGS INC (CURLF.US)$ $Green Thumb Industries Inc. (GTBIF.US)$ $TRULIEVE CANNABIS CORP (TCNNF.US)$ The top 3 US cannabis operators or MSO's (multi state operators) Curaleaf (CURLF), Green Thumb (GTBIF), and Trulieve (TCNNF).
The Cannabis sector has been beaten down since the all time highs back in February.
This is primarily due the lack of progress surrounding federal legalization/decriminalization, Safe Banking, and the inability for up-listing to NASDAQ and NYSE. After the democrats won the presidency and control of both houses many investors felt these would occur quickly, and as yet none have panned out and consequentially these three stocks have been punished and are down 47%, 48%, and 56% from the February highs. Each of these three companies will do over 1 billion in revenue in 2021 and all have YoY rev growth rates of over 100%.
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rennymc : Do you currently have a position with any of them? I’m thinking stock up now since it’s cheap because the price increase is inevitable.
BullRunner : I been loading up
BullRunner rennymc : They all were.