Trulieve Cannabis Corp.TRLV

NYSEHealthcareMedicinal Chemicals & Botanical Products
Price (close)
$12.27
Market cap
$2.4B
P/E
—
Revenue (TTM)
$1.1B
Net income
-$476.2M
Dividend yield
—
1-year total return
73.1%
Net margin
-41.8%
Revenue growth
-3.9%
Debt / equity
0.12x

What Trulieve Cannabis Corp. does.

Trulieve Cannabis Corp. is a reporting issuer in the United States and Canada. The Company’s Subordinate Voting Shares (as hereinafter defined) are listed for trading on the Canadian Securities Exchange (“CSE”) under the symbol “TRUL” and are also traded in the United States on the OTCQX Best Market (“OTCQX”) under the symbol “TCNNF”.

The Company qualifies as a well‑known seasoned issuer ("WKSI") under National Instrument 44‑102 ("NI 44-102") and is eligible to file a WKSI base shelf prospectus in Canada. The Company is a well‑known seasoned issuer, an eligible issuer, and is not an investment fund, as defined under NI 44‑102.

Trulieve is a vertically integrated cannabis company and multi-state operator with operations in nine states. Headquartered in Tallahassee, Florida, we are the largest cannabis retailer in the United States with market leading retail operations in Arizona, Florida, Georgia, Pennsylvania, and West Virginia. We are committed to delivering exceptional customer experiences through elevated service and high-quality branded products. We aim to be the brand of choice for medical and adult-use customers in all of the markets that we serve. The Company operates in highly regulated markets that require expertise in cultivation, manufacturing, and retail. We have developed proficiencies in each of these functional areas and are passionate about expanding access to regulated cannabis products through advocacy, education and expansion of our distribution network.

Revenue and profit, by fiscal year.

Fiscal year202020212022202320242025
Revenue$521.5M$931.9M$1.2B$1.1B$1.2B$1.2B
Net income$63.0M$17.4M-$252.7M-$528.0M-$155.1M-$116.4M
Free cash flow-$298,000-$263.0M-$141.7M$161.6M$148.9M$228.6M

More on TRLV.

Figures from Trulieve Cannabis Corp.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.