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Trulieve Cannabis Corp (TCNNF)

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Last Post: 5/22/2019 7:58:10 AM - Followers: 97 - Board type: Free - Posts Today: 2





https://www.trulieve.com



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

http://www.trulieve.com

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.  
 
Issued & Outstanding: 
109.81M
 















 

https://www.marketwatch.com/investing/stock/tcnnf







 
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#3640   Good points, I would love too see numbers Snapback24 05/22/19 07:58:10 AM
#3639   I think we'll see 1st quarter revenue in HoldHigh 05/22/19 07:27:17 AM
#3638   Nice article. https://www.wlrn.org/post/trulieve-sunshine-economy-medical-marij HoldHigh 05/21/19 09:10:08 PM
#3637   It just keeps getting better. This is the HoldHigh 05/21/19 08:59:53 PM
#3636   I mentioned a month ago this would probably HoldHigh 05/21/19 08:52:17 PM
#3635   and give them to otcx and valx ? iancnyc 05/21/19 08:27:39 PM
#3634   Dispensary Opening Soon In Fort Lauderdale ROGJR 05/21/19 07:36:30 PM
#3633   Really just sell your shares. wardbird 05/21/19 07:34:37 PM
#3632   New TRULIEVE Investor Deck ROGJR 05/21/19 02:27:05 PM
#3631   Just read they are hiring in Georgia first drew5 05/21/19 01:45:12 PM
#3630   Steady as she goes ... JohnCM 05/21/19 10:45:15 AM
#3629   Behold! otcx and valx have returned from their iancnyc 05/21/19 09:43:37 AM
#3628   I hate to say it but, with more HoldHigh 05/21/19 09:34:05 AM
#3627   Trulieve plans to share more on the transaction HoldHigh 05/21/19 09:17:37 AM
#3626   News out! Earnings will be Wed 29th before mellow fellow 05/21/19 09:07:34 AM
#3625   And TCNNF is one of the largest employers HoldHigh 05/21/19 07:45:56 AM
#3624   ''In 2018, as its medical marijuana industry ramped emit 05/21/19 01:26:00 AM
#3623   Cool - wait that hits bottom line. emit 05/20/19 07:56:40 PM
#3622   Some decent buys today Snapback24 05/20/19 06:14:18 PM
#3621   VERRRY Low volume. But I'll take the advance today. HoldHigh 05/20/19 06:06:42 PM
#3620   idk very weird how both market manipulators vanishes iancnyc 05/20/19 12:18:37 PM
#3619   Hmm really where are they? Laszlo1 05/20/19 11:59:45 AM
#3618   https://finance.yahoo.com/news/3-marijuana-stocks-forward-p-115100496.html HoldHigh 05/20/19 10:07:41 AM
#3617   Where did otcx and valx go? Hung over iancnyc 05/20/19 09:52:05 AM
#3616   Connecticut! Good market to get into imo. Medflower 05/20/19 09:35:00 AM
#3615   It was a very misleading article and I HoldHigh 05/19/19 10:52:43 AM
#3614   Yup. People shouldn’t underestimate the amount of income Snapback24 05/18/19 07:20:33 PM
#3613   At the current rate of new medical marijuana HoldHigh 05/18/19 06:24:18 PM
#3612   Kim says Smokable Flower not included in numbers ROGJR 05/18/19 04:14:37 PM
#3611   I agree she has been wise. Massachusetts for drew5 05/18/19 10:03:20 AM
#3610   They don't usually break it down specifically. My HoldHigh 05/18/19 08:37:21 AM
#3609   Does this include flower? If so How are Freeparking100 05/18/19 08:06:23 AM
#3608   Cura shares O/S what 330 Million shares? Snapback24 05/17/19 11:16:01 PM
#3607   I think they have to move as fast drew5 05/17/19 10:35:26 PM
#3606   New Florida Numbers ROGJR 05/17/19 09:25:53 PM
#3605   Who knows maybe this is the Q that mellow fellow 05/17/19 07:27:48 PM
#3604   I hope so. Hoping this recent acquisition is Snapback24 05/17/19 07:12:31 PM
#3603   1st qtr coming out soon. BAM!!! HoldHigh 05/17/19 07:10:24 PM
#3602   Yes. The calm before the storm. For real. mellow fellow 05/17/19 06:46:15 PM
#3601   Quiet here today lol Snapback24 05/17/19 05:24:50 PM
#3600   Trulieve – First in Florida ROGJR 05/16/19 11:15:53 PM
#3599   Blue River New Products Tomorrow ROGJR 05/16/19 08:49:12 PM
#3598   From what I can tell there are only HoldHigh 05/16/19 02:59:13 PM
#3597   TRUL to Acquire CT Dispensary + Buy/Sell Signal, RTupp23 05/16/19 02:40:21 PM
#3596   I agree, all questions we will get answered HoldHigh 05/16/19 02:38:07 PM
#3595   This company being an mso isn’t even valued Freeparking100 05/16/19 02:20:31 PM
#3594   Some simple DD on the acquisition shows a Snapback24 05/16/19 11:47:48 AM
#3593   I don’t think there is a plan to HoldHigh 05/16/19 11:35:29 AM
#3592   sounds about right iancnyc 05/16/19 11:14:17 AM
#3591   I believe their intentions for this week is RigorousGains 05/16/19 11:06:55 AM
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