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?