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Trulieve Secures $71.5M Financing
Thursday, December 22, 2022 - 8:37am | 426Trulieve Cannabis Corp. (OTCQX: TCNNF) (CSE:TRUL) closed a commercial loan secured by a cultivation and manufacturing site in Florida for aggregate gross proceeds of $71.5 million. Trulieve will pay interest at a fixed rate of 7.53% for the duration of the five-year loan. Lenders were comprised of...
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Trulieve Q3 Revenue Grows 34% YoY, What About Adjusted EBITDA?
Thursday, November 10, 2022 - 9:07am | 820Trulieve Cannabis Corp. (CSE:TRUL) (OTCQX: TCNNF) released results for the quarter ended September 30, 2022, revealing revenue of $301 million, an increase of 34% compared to $224 million in the same period of 2021. Q3 2022 Financial Highlights Achieved GAAP gross margin of 56%, with gross profit...
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Trulieve Launches Khalifa Kush In Florida With Wiz Khalifa, Will Donate To Hurricane Ian Victims
Monday, October 3, 2022 - 6:17pm | 437Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) announced the official launch of Khalifa Kush premium medical cannabis products in select Florida retail locations this Saturday, October 8. "This is an exclusive partnership with multi-platinum selling, GRAMMY, and Golden Globe-nominated...
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Trulieve Q2 Revenue Grows 49% YoY, Provides Outlook
Wednesday, August 10, 2022 - 7:28am | 482Trulieve Cannabis Corp. (OTCQX: TCNNF) (CSE:TRUL) released its results for the quarter ended June 30, 2022, revealing revenue increased 49% year over year to $320.3 million from $215.1 million and 1% sequentially. Q2 2022 Financial Highlights Gross profit of $182.2 million and GAAP gross margin...
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Trulieve Reveals Results Of 2022 Annual Meeting Of Shareholders
Friday, June 10, 2022 - 10:38pm | 305Trulieve Cannabis Corp. (OTCQX: TCNNF) (CSE: TRUL) announced the results of its annual meeting of shareholders held on June 8, 2022. The company put forward the following resolutions to be voted on by shareholders at the meeting, all of which were approved: To elect eight directors for the...
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Trulieve Executives Buying Their Company Shares, Here's What We Know
Thursday, May 26, 2022 - 10:32am | 389A significant number of Trulieve (OTC: TCNNF) executives, including CEO Kim Rivers, CFO Alex D'Amico, president Steve White and Christine Hersey, executive director of investor relations bought up company shares. The list goes on to include another half-dozen company executives...
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Trulieve Reports Record Q1 Revenue Of $318.3M, 64% YoY Increase & Gross Profit Of $178.2M
Thursday, May 12, 2022 - 7:34am | 500Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) reported its results for the quarter ended March 31, 2022. Kim Rivers, Trulieve’s CEO, said that the Tallahassee, Florida-based company is “off to a great start in 2022.” "We delivered another record quarter while making...
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Trulieve Reports Record $938.4M In 2021 Revenue, Ends Q4 With U.S. Retail Network Of 162 Dispensaries
Wednesday, March 30, 2022 - 7:47am | 843Cannabis company Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) announced its results for the quarter and full year ended December 31, 2021. Q4 2021 Financial & Operational Highlights Revenue increased 81% in the fourth quarter compared to the fourth quarter of 2020 and 36% sequentially to...
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Trulieve Unveils Expansive Florida Product Release Lineup For February
Monday, February 7, 2022 - 8:58am | 376Trulieve Cannabis Corp. (CSE:TRUL) (OTCQX: TCNNF) announced the Florida launch of two proprietary brands, Sweet Talk and Momenta, new Cultivar Collection flower releases, and the second product drop of Live Diamonds by Muse. "It's an exciting time for Florida's medical cannabis...
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Trulieve Celebrates Statewide Retail Rebrand in Maryland
Wednesday, February 2, 2022 - 9:35am | 256Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) is hosting a statewide celebration commemorating the re-branding of its Maryland retail locations, formerly branded as Harvest. On Saturday, Feb. 5, Trulieve invites registered medical marijuana patients and their caregivers to join the celebration...
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Trulieve Borrows Additional $75M Via Private Placement Of 8% Senior Secured Notes
Friday, January 28, 2022 - 11:28am | 377Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) confirmed Friday that it has completed the second tranche of its previously announced private placement of 8% senior secured notes due 2026 for total gross proceeds of $75 million. Combined with the first offering of notes, which closed on...
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Trulieve Celebrates Completion of Statewide Retail (Re)brand In PA: All 'Trulievers' Are Welcome
Tuesday, January 25, 2022 - 4:11pm | 260Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) an industry-leading, vertically integrated cannabis company and multi-state operator in the U.S. operating in 11 states, is hosting a statewide grand re-branding celebration spanning all Trulieve-affiliated Pennsylvania retail locations on Saturday...
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Trulieve Reaches Milestone With Opening Of 160th US Store, Continues Support For Military Veterans
Friday, January 7, 2022 - 12:55pm | 425On Friday, Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) opened another Trulieve-branded medical marijuana dispensary in Pennsylvania – this time through its affiliate Chamounix Ventures, LLC. Located at 1222 Arch St. in the center of Philadelphia, between City Hall and Reading...
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Trulieve Ramps Up Operations In Arizona Via Acquisition Of Tucson-Based PurpleMed Healing Center
Tuesday, December 28, 2021 - 11:32am | 504Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) announced Tuesday that it's acquiring PurpleMed Healing Center in Tucson, Arizona. What Happened The Tallahassee, Florida-based company reported that the retail location at 1010 S Freeway in Tucson is being rebranded to Harvest House of...
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Trulieve Q3 Revenue Improves 64% YoY To $224M, Reports 15th Consecutive Quarter Of Profitability
Monday, November 15, 2021 - 9:22am | 567Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) reported its third-quarter financial results Monday with net revenue of $224.1 million, up by 64% from the same period in 2020. Q3 Financial Highlights Gross profit of $153.9 million and gross margin of 68.7% ...