I need to start keeping a thread on my random thoughts on $GLASF to see if my thesis is changing and to keep better track on what I'm learning about the company.
Really good interview and a link to a well written write up on $GLASF
"Is There Enough Legal Cannabis Being Grown in California? - by Aaron Edelheit - Mindset Value" mindsetvalue.substack.com/p/is-there-eno…
"Is There Enough Legal Cannabis Being Grown in California? - by Aaron Edelheit - Mindset Value" mindsetvalue.substack.com/p/is-there-eno…
Strong quarter, invest moving in the right direction.
https://twitter.com/aaronvalue/status/1427440607027372049?s=19
Interesting article, I think the tax benefit that starts get will be a priority over climate change for a while.
https://twitter.com/grahamfarrar/status/1426173205056720896?s=19
Seems like a leader worth backing, super driven and admired.
https://twitter.com/GlassHouseBR/status/1425533677006725120?s=19
The team has shown creative and flexibility in getting deals done.
https://twitter.com/abk07022010/status/1422555910904369156?s=19
I very much agree with all of this
https://twitter.com/sloan_hatfield/status/1421667519673294853?s=19
An account that asks seriously tough questions that challenges my thinking on $GLASF that I think is worth following
https://twitter.com/LogicPrevails_/status/1420783530787934210?s=19
After listening to the conference call today, it's clear the bet you are making is that the team can execute on operations and staying a low cost producer. They have soon to more skilled at capital deployment and creative deal making.
https://twitter.com/grahamfarrar/status/1427653056968093707?s=19
It's hard to build a brand or run a dispensary without control of the supply chain. Quality will be inconsistent at a profitable price if the supply is not secured.
Consolidating California Cannabis seekingalpha.com/amp/article/44…
Consolidating California Cannabis seekingalpha.com/amp/article/44…
I agree with many of Julian's comments, particularly concerning CA. I like $GLASF because a low cost producer is going to do well with or without interstate commerce.
seekingalpha.com/article/445034…
seekingalpha.com/article/445034…
I like that $GLASF introducing more brands and product types. I would like to see the company get more into the edibles market. I think that will be the biggest market for cannabis long-term.
https://twitter.com/junglejava1/status/1430863285671366661?s=19
More innovation on strains from $GLASF. With the largest cannabis greenhouse footprint in the CA, I would expect to see more of this. I also hope to see them build a large edible brand.
https://twitter.com/grahamfarrar/status/1432737402267713539?s=19
This right here goes to show how hard is too build a cannabis greenhouse in California and why $GLASF new acquisition has a moat around it. The project has been in the making for a while and still hasn't got approval.
coastalview.com/news/cresco-ge…
coastalview.com/news/cresco-ge…
Thriving in the CA market is not easy, which is why the majority of #MSOS avoid it. To compete in the market a company needs to have an edge. I think $GLASF has one. At least I hope they do, otherwise the future might look like $PLPRF.
https://twitter.com/Invest420/status/1437509824468631561?s=19
I love @aaronvalue long-term thinking! I agree with him that $GLASF should drive out the high cost producers. This is the only publicly traded cannabis company I know with a competitive advantage. Trying to find more.
mindsetvalue.substack.com/p/your-margin-…
mindsetvalue.substack.com/p/your-margin-…
The $GLASF greenhouse has more efficiencies than I realized. This thing is a truly a unique asset.
https://twitter.com/HangMingda/status/1438171039314415629
One thing interesting about $GLASF at the moment is the equity is trading below the cost of the new greenhouse purchase price of about $270m. Assuming the EV of $GLASF is $300 you can currently purchase the company for the cost of all the greenhouses.
https://twitter.com/soloprosperity/status/1438171019408146434
Given that investors are searching for yield and are seeking alt assets, it is feels safe to assume that the greenhouses will only increase in value with or without SAFE banking. It seems to me the greenhouses alone provide a margin of safety in $GLASF.
https://twitter.com/choffstein/status/1437772708306108422
When SAFE does pass, the value of $GLASF greenhouses are going to 🚀as the cost of debt falls. Because a big function of the value of real estate is the amount of leverage that can be put on an asset. As the share unlock happens, I plan to buy more.
https://twitter.com/SenSchumer/status/1438180311385485320
Just a reminder that it's really hard to grow cannabis at scale. As $GLASF figures out how to get the new greenhouse operational and producing at the lowest price point, they are going to be years and years ahead of the competition.
https://twitter.com/sloan_hatfield/status/1438269862707712000
The new greenhouse should allow the $GLASF team to compound their cultivation knowledge at a rate that no other company in the cannabis space can match. I don't know how to value that but I'm pretty sure this fact is not baked into today's price.
https://twitter.com/grahamfarrar/status/1438918476719083529?s=19
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