Home > Boards > US Listed > Cannabis >

Trulieve Cannabis Corp (TCNNF)

Add TCNNF Price Alert      Hide Sticky   Hide Intro
Moderator: cabos_tacos, GE_Jim, FUNMAN
Search This Board: 
Last Post: 11/28/2021 5:17:14 PM - Followers: 186 - Board type: Free - Posts Today: 3



Trulieve is a vertically integrated "seed-to-sale" company and is the first and largest fully licensed medial cannabis company in the State of Florida. Trulieve cultivates and produces all of its products in-house and distributes those products to Trulieve-branded stores (dispensaries) throughout the State of Florida, as well as directly to patients via home delivery. Trulieve also operates in California, Massachusetts and Connecticut. Trulieve is listed on the Canadian Securities Exchange under the symbol TRUL and on the OTC Markets under the symbol TCNNF.



   TruPOD for TruSTIK 800mg Indica     $94.00                                                           TruPOD for TruSTIK 800mg Sativa     $94.00     



TruPOD is a pure cannabis oil extract concentrate that has no added cutting ingredient. 

TruPOD is made for use with the TruSTIK vaporizer. 


TruSTIK Vaporizer 



FOR IMMEDIATE RELEASE September 24, 2018 Trulieve Achieves Significant Growth in the Second Quarter of 2018 Quincy, Florida - Trulieve Cannabis Corp. (CSE: TRUL) (“Trulieve” or the “Company”) today announces its financial results for the three and six-month periods ended June 30, 2018.

The Company’s second quarter 2018 financial statements have been filed as part of its listing statement with the Canadian Securities Exchange (“CSE”). This news release is not in any way a substitute for reading those financial statements, including the notes to the financial statements. Unless otherwise stated, all currency is expressed in U.S. dollars.

Q2 2018 Highlights -

16 dispensaries in operation
83,000 active unique patients
Revenue grew from $15.2 million in Q1 2018 to $23.3 million in Q2 2018.
EBITDA increased from $11.2 million in Q1 2018 to $14.3 million in Q2 2018

“The second quarter of 2018 demonstrated our ability to scale our business profitably with growth in dispensaries and patients served driving growth in revenue and EBITDA ,” said Kim Rivers, CEO of Trulieve. “This momentum is continuing in the current quarter and we expect strong results throughout 2018.”

Results of Operations (millions of U.S. dollars) 2017 2018 Q1 % change 2018 Q2 Total Revenue 19.8 15.2 53.3 23.3 Gross Margin2 8.7 10.7 61.7 17.3 Gross Margin % 43.9 69.3 6.9 74.1 Operating Expenses 8.3 4.6 30.4 6.0 Operating Expenses % 42.0 30.1 (14.3) 25.8 EBITDA1 10.1 11.2 27.7 14.3 1.
Contact: Kevin Darmody, Director of Investor Relations (850) 480-7955 IR@Trulieve.com 6749 Ben Bostic Road, Quincy, Florida 32351


About Trulieve Trulieve is a vertically integrated “seed to sale” company and is the first and largest fully licensed medical cannabis company in the State of Florida. Trulieve cultivates and produces all of its products in-house and distributes those products to Trulieve branded stores (dispensaries) throughout the State of Florida, as well as directly to patients via home delivery.  



Share Structure

Market Cap Market Cap                     340,610,028                                 07/30/2019
Outstanding Shares            32,224,527                                 07/19/2019

Restricted                            13,220,081                                 07/19/2019

Unrestricted                         19,004,446                                 07/19/2019

Float                                      29,224,527                                07/19/2019

Trulieve Reports Another Quarter of Record Revenue

TALLAHASSEE, FL, May 28, 2019

Execution of strategic plan results in continued growth, profitability and expansion of patient base

TALLAHASSEE, FLMay 28, 2019 /CNW/ - Trulieve Cannabis Corp. ("Trulieve" or the "Company") (CSE: TRUL) today announced its financial results for the first quarter of 2019 ended March 31, 2019. Unless otherwise stated, all currency is expressed in U.S. dollars.

First Quarter 2019 Financial & Operational Highlights
  • Revenue grew 192% year over year, from $15.2 million in Q1 2018 to $44.5 million in Q1 2019

    Adjusted EBITDA1,2 increased from $6.1 million in Q1 2018 to $19.0 million in Q1 2019
  • Successfully settled with the Florida Department of Health, increasing the potential number of Trulieve dispensaries to 14 above the state cap

    First medical marijuana licensee to complete a sale of smokable flower following approval from Floridalegislature

    Establishment of six new dispensaries in Florida, bringing the total to 30  throughout the state

    Received Minorities for Medical Marijuana's inaugural 2018 Diversity and Inclusion Champion of the Year Award in the State of Florida


Recent Highlights & Developments

  • Increased number of U.S. states Trulieve operates in to four, following acquisition of Connecticut-based dispensary The Healing Corner

    Received special permit to commence building our cultivation operations in Holyoke, Massachusetts

    Signed agreement with Blue River™ Extracts & Terpenes to bring their products to the Florida market, recently launching their dry-sift rosin product

    Filed final short form base shelf prospectus, valid for a 25-month period


"Our first quarter results reflect our ability to deliver on our strategic initiatives, translating into continued strong financial performance," said Kim Rivers, CEO of Trulieve. "In addition to delivering on strong financial results we also achieved many significant milestones in the first quarter of the year. Growth continued in Florida with the opening of four new dispensaries, completing the first sale of smokable flower in Florida, and settling with the Florida Department of Health, allowing us an additional 14 stores above the state cap. We are very pleased with the progress we experienced in the beginning of 2019 and are continuing to see that same momentum carry into the second quarter."

Financial Results

(Guidance presented in 
millions and % change)

2018  Actual                                2019                                        2020

$102.8                                    $220 – $240                           $380 – $400

Adjusted EBITDA1,2     

$45.6                                      $95 – $105                            $140 – $160




Current Price
Bid Ask Day's Range
  • 1D
  • 1M
  • 2M
  • 3M
  • 6M
  • 1Y
  • 2Y
  • 3Y
  • 5Y
TCNNF News: Trulieve Cannabis posts better than expected Q3 revenue; expands retail footprint 11/15/2021 02:18:30 AM
TCNNF News: Sens. Warren, Booker pressure AG Garland to decriminalize marijuana 10/11/2021 05:21:20 AM
TCNNF News: Trulieve Closes Harvest Health Acquisition; Shares Pop 10/01/2021 07:08:59 AM
TCNNF News: Trulieve to open dispensary in New Winter, Florida 07/21/2021 12:32:50 PM
TCNNF News: Trulieve completes acquisition of Keystone Shops in Pennsylvania 07/08/2021 08:15:59 AM
#13725   Much agreed. I’m rather miffed by Biden’s slow RangerPete 11/28/21 05:17:14 PM
#13724   It would be great to see safe banking happyglass 11/28/21 03:22:22 PM
#13723   Not sure what you mean but tcnnf traded monocle 11/28/21 02:02:09 PM
#13722   I would say their aren’t a lot of RangerPete 11/27/21 11:59:07 AM
#13721   don't know about you all but yesterday Friday bontooth 11/27/21 02:27:54 AM
#13720   Happy Thanksgiving everyone. We should see a higher HoldHigh 11/25/21 10:53:08 AM
#13719   ok good our 1st level of support is bontooth 11/24/21 11:30:56 PM
#13718   Looks like we're building a base around $28. HoldHigh 11/24/21 02:37:20 PM
#13717   Bipartisan Senators Urge Passage Of Marijuana Banking Through FUNMAN 11/24/21 08:02:28 AM
#13716   The US MSO's are the better play IMO. HoldHigh 11/23/21 07:45:11 PM
#13715   . . cool i pick'd up another bontooth 11/23/21 03:47:04 PM
#13714   the Tallahassee-based company announced the opening of a HoldHigh 11/23/21 01:58:24 PM
#13713   https://www.streetinsider.com/PRNewswire/Trulieve+Launches+TruTonic%2C+Floridas+ HoldHigh 11/23/21 01:18:06 PM
#13712   Trulieve stock will have its day, it’s just Lostcoastkid 11/23/21 12:42:45 PM
#13711   See Trivia tidbit --->>> Trulieve Debuts Bhang Cannab FUNMAN 11/23/21 08:41:27 AM
#13710   I've always judged people by the friends they cabos_tacos 11/23/21 08:36:30 AM
#13709   https://www.yahoo.com/news/editorial-weed-save-w-va-141500031.html cabos_tacos 11/23/21 08:31:27 AM
#13708   Good for Jamie. Known her for years. Should RangerPete 11/22/21 09:02:03 PM
#13707   https://www.prnewswire.com/news-releases/trulieve-debuts-bhang-cannabis-infused- HoldHigh 11/22/21 07:35:05 PM
#13706   Carlos, the Feds have already investigated Kim and RangerPete 11/22/21 03:24:16 PM
#13705   Is that right? The feds took 5 years cabos_tacos 11/22/21 03:13:08 PM
#13704   Agreed. This is a challenging business and happyglass 11/22/21 12:56:23 PM
#13703   Even if it does not include Trulieve, it happyglass 11/22/21 12:54:39 PM
#13702   You are known by the company you keep however… happyglass 11/22/21 12:49:54 PM
#13701   If they could go after her, they would mesonormy 11/22/21 12:25:09 PM
#13700   Old news, totally irrelevant to Trulieve, as noted mesonormy 11/22/21 12:23:41 PM
#13699   Enron was a scam. Trulieve is the real RangerPete 11/22/21 11:13:38 AM
#13698   I agree with you. In order for legislation HoldHigh 11/22/21 10:46:41 AM
#13697   My partner was laughing his ass of with cabos_tacos 11/22/21 10:40:47 AM
#13696   LMAO. So that’s what constitutes business dealings today? RangerPete 11/22/21 10:11:51 AM
#13695   Article in The Tallahassee Democrat this morning.. This cabos_tacos 11/22/21 10:01:53 AM
#13694   It’s not about being responsible… just being tied Dmarty 11/21/21 12:54:11 PM
#13693   Dopey dude. She is not responsible for her RangerPete 11/20/21 10:18:27 PM
#13692   "common sense. If she was not the CEO nunaka 11/20/21 07:39:40 PM
#13691   IMO only sorry meant to say….not trying make Dmarty 11/20/21 06:40:10 PM
#13690   Oh, please tell us who and about what. RangerPete 11/20/21 06:23:15 PM
#13689   Yes, lawsuits are coming against TCNNF frm competitors…Sp Dmarty 11/20/21 04:57:33 PM
#13688   FL OMMU week of 19 Nov HoldHigh 11/19/21 09:26:09 PM
#13687   Nope, congress does. HoldHigh 11/19/21 03:15:47 PM
#13686   sorry to say but Kim doesn't control 'which bontooth 11/19/21 02:59:54 PM
#13685   It’s an investment. They take time. Trulieve’s numbers RangerPete 11/18/21 11:40:57 AM
#13684   One day I'll learn to sell the news cabos_tacos 11/18/21 10:29:52 AM
#13683   Who is ‘they”? It’s the OTC Lostcoastkid 11/18/21 10:22:38 AM
#13682   Man... when are they going to let this €LL-$G7$ 11/18/21 10:05:46 AM
#13681   Republicans are finally ready to legalize cannabis FUNMAN 11/17/21 04:38:50 PM
#13680   What makes you think I dont? Jelly Bean 11/17/21 12:50:29 PM
#13679   Last sentence. " Thinks it's a buy and JoeRoganFan 11/17/21 09:32:01 AM
#13678   Federal Marijuana Reform Is More Likely Than Ever. GE_Jim 11/17/21 07:40:39 AM
#13677   I might suggest you invest based on business, RangerPete 11/16/21 06:37:35 PM
#13675   The most interesting difference between the dems shoot-for-the-moon FUNMAN 11/16/21 09:12:52 AM
Consent Preferences