#18 - Why Florida is the BEST Cannabis Market (so far)
Cannabis Investing Network - En podcast af CIN Podcast
Kategorier:
In this episode we explore Maneesh's thesis that Florida is the best cannabis market we've seen so far. Here's why:
- The 3 levels of cannabis legality - which is the best for investors?
- Why is every big company focusing on Florida? Profitability
- Trulieve leads the industry in EBITDA margins and Earnings
- What makes Florida such a profitable market?
- Overview of Florida's rules and set-up
- Vertical Integration: Forcing full Seed to Sale
- Cultivation > Extraction > Processing > Distribution > Retail
- Barriers to Entry - the impact of strict Vertical Integration
- Why it is harder than people think to scale in Florida
- Capturing high profit margins: what makes a business attractive
- Transparency: OMMU data lets us see weekly sales
- Rapid Growth: 170K to 300K patients in a single year
- Doubling of product sold + flower introduced in 2019
- Full Rec: Legalize It Florida vs Regulate Florida
- Will Michigan or Illinois surpass Florida in 2020?
