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Trulieve Cannabis Corp (TCNNF)

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Last Post: 3/21/2019 11:31:31 AM - Followers: 87 - 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.  
 
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109.81M
 















 

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







 
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#2510  Sticky Note #TCNNF:..Trulieve.Opens.Doors.of.Latest.Dispensary,Reaching.25.Stores.in.Florida...:-} https:// captainscotty 03/14/19 01:04:48 PM
#2642   TRULIEVE - Monster in the making deadjim 03/21/19 11:31:31 AM
#2641   NEWS!!! Time to smoke up.... ROGJR 03/21/19 10:40:46 AM
#2640   it's called sell the news syndrome. Just like Etailer 03/20/19 11:30:05 PM
#2639   https://www.facebook.com/groups/TrulieveInvestors/?multi_permalinks=2310971159160634%2C2310971339160 mellow fellow 03/20/19 09:46:57 PM
#2638   I looked at Curaleaf financials today. They are HoldHigh 03/20/19 08:37:09 PM
#2637   I'm thinking we get both 4th Q and mellow fellow 03/20/19 06:48:05 PM
#2636   Not sure if that's the whole case. Quite DoubleJackie 03/20/19 06:42:15 PM
#2635   I'm thinking after the weekend, I'll be kicking HoldHigh 03/20/19 06:24:03 PM
#2634   Something up! $Trulieve$ green most others in portfolio mellow fellow 03/20/19 06:10:11 PM
#2633   Why don't you just take a trip and mellow fellow 03/20/19 05:48:50 PM
#2632   I didn't watch it all day and look HoldHigh 03/20/19 05:45:00 PM
#2631   Nice to see Trulieve close @ high for mellow fellow 03/20/19 05:27:44 PM
#2630   There is not much volume because there are livelongandprofit 03/20/19 04:56:11 PM
#2629   The fact it’s holding above 10USD so well Snapback24 03/20/19 04:49:10 PM
#2628   Agree with a lot of what u say, DoubleJackie 03/20/19 02:31:15 PM
#2627   I don’t believe a cash flow positive, growing iancnyc 03/20/19 01:24:00 PM
#2626   It better get close to that 14-15 range DoubleJackie 03/20/19 12:49:23 PM
#2625   https://www.canpaydebit.com/ livelongandprofit 03/20/19 12:00:33 PM
#2624   Weird chart. JohnCM 03/20/19 09:59:39 AM
#2623   https://floridapolitics.com/archives/291376-trulieve-smokable-enthusiasm-harshed-as-doh-regulations- HoldHigh 03/20/19 08:30:57 AM
#2622   New Melbourne dispensary is now listed on Trulieve HoldHigh 03/20/19 08:10:34 AM
#2621   At Each New Opening Our CEO Kim Rivers emit 03/20/19 01:11:26 AM
#2620   I can't believe that many people using cbd/thc emit 03/20/19 12:04:48 AM
#2619   13 days to financials. HoldHigh 03/19/19 08:48:17 PM
#2618   Thanks for the info. That interview with that HoldHigh 03/19/19 08:02:18 PM
#2617   I think Kim said Bonita Springs, Lakeland, Panama ROGJR 03/19/19 07:59:25 PM
#2616   Funny that TCNNF can open 3 dispensaries this HoldHigh 03/19/19 07:35:06 PM
#2615   First Congressional Marijuana Vote Of 2019 ROGJR 03/19/19 07:27:50 PM
#2614   Tomorrow right! With a Press release boy oh mellow fellow 03/19/19 07:25:36 PM
#2613   Yep. I'm sitting on a large holding and HoldHigh 03/19/19 07:22:10 PM
#2612   I'm still adding and never thought I would mellow fellow 03/19/19 06:20:16 PM
#2611   It is impossible to predict this stock. HoldHigh 03/19/19 06:17:36 PM
#2610   I think he was with Meridia; I believe emit 03/19/19 03:30:39 PM
#2609   Yes - no more tampering with the tamper-proof stuff. emit 03/19/19 03:25:26 PM
#2608   I agree - he'd ask another Q before emit 03/19/19 03:23:14 PM
#2607   lol yep there is a group here that iancnyc 03/19/19 03:04:14 PM
#2606   Talk about a green to red. jabrock1 03/19/19 03:01:01 PM
#2605   I could not watch it all. That interviewer HoldHigh 03/19/19 01:41:44 PM
#2604   That caught my attention too, the 65 vehicle Teacher/Learner 03/19/19 12:31:04 PM
#2603   Nice volume and price action today. Looks like HoldHigh 03/19/19 10:57:53 AM
#2602   More good news. 26 dispensaries HoldHigh 03/19/19 09:55:05 AM
#2601   Dried cannabis will double the revs here ..imho MADDSTACKER 03/19/19 09:42:45 AM
#2600   Dispensary in Melbourne opens 20th mar HoldHigh 03/19/19 09:07:42 AM
#2599   Think I'm going dump my Acreage n put emit 03/19/19 01:00:59 AM
#2598   Thank-you... 65 vehicle fleet emit 03/19/19 12:59:40 AM
#2597   In the meantime, five companies – Trulieve, Surterra, mellow fellow 03/18/19 10:10:10 PM
#2596   Florida ends ban on smokable cannabis, opening door mellow fellow 03/18/19 10:01:09 PM
#2595   And I would suspect the cost would be HoldHigh 03/18/19 08:04:30 PM
#2594   Additional 120,000 sq ft added for Flower production ROGJR 03/18/19 07:42:27 PM
#2593   Interview with Kim Rivers ROGJR 03/18/19 07:37:19 PM
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