Mike Meade
@curated_value
I know nothing
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With the ban on hemp, GTI could technically repurchase the brand IP from Rythm, making Rythm essentially worthless. I don’t see why they would do this. I don’t think they will do it. But I want to know if I’m missing something as to why GTI may want to repurchase the IP
Anyone know the relationship between curaleaf and dark heart?
I wonder if vape shops selling hemp will eventually drive the increase in regulated dispensaries. In most states, municipalities are permitted to prohibit dispensaries entirely. When someone tries to open a dispensary, local residents often overreact with strong opposition,…
Drove up to Michigan today and stopped in New Buffalo (first exit in Michigan). There are 6 dispensaries off the exit and nothing else. Every parking lot is full.
Illinois doesn’t have an in-state competition problem, they have a Michigan problem. Most of the IL residents live in Chicago metro, which is only an hour and a half from the Michigan border. When you get off in New Buffalo, the first exit in Michigan, it’s crazy to see the…
This would be good for Illinois operators but horrible for Michigan operators
The Michigan House of Representatives passed a bill to add a new 24 percent tax on marijuana at the wholesale level that is projected to generate $420 million in new revenue on an annual basis to fund road repairs. marijuanamoment.net/michigan-lawma…
GTI is selling $50 eights and $70 grams of distillate in MN. They are only selling in house brands. They paid almost $160M to acquire Leafline in 2021, but $118M of that was in stock at a share price 3x what it is today. It will likely be the most profitable state for the…
Bought 2% of the company at a valuation we like 👊 (Everyone owns 2% more of The Thumb than they did prior)
My take on the target market for each company’s beverages: Trulieve: Health conscious people looking for a healthier alternative, likely targeting natural grocers for distro GTI: Party/concert goers, distribute in liquor stores, more mass market Curaleaf: Curaleaf investors
What I’ve learned over the past couple of years is to never doubt SAM. They are very good at what they do. Very good.
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