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Trulieve Cannabis Corp (TCNNF)

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Last Post: 12/10/2018 2:15:48 PM - Followers: 60 - Board type: Free - Posts Today: 0





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: 
11,127,500
 


 



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#130  Sticky Note https://microcapdaily.com/the-fascinating-story-of-trulieve-cannabis-corp-cse-tr josh_c1981 10/02/18 12:23:42 PM
#120  Sticky Note #TCNNF: 18 Dispensaries in Florida...:-} captainscotty 10/02/18 11:25:52 AM
#1136   110M out Rocketstockpix 12/10/18 02:15:48 PM
#1135   Capitalization Issued & Outstanding: 9,468,109 HoldHigh 12/10/18 02:13:31 PM
#1134   What is the up to date shares outstanding Investorhawk 12/10/18 12:02:41 PM
#1133   lmao Rocketstockpix 12/10/18 11:01:56 AM
#1132   LOL. Looks like it. HoldHigh 12/10/18 09:52:47 AM
#1131   Just bought more so it went down. Maybe TheDeadCrab 12/10/18 09:48:57 AM
#1130   I knew TCNNF would go up today because HoldHigh 12/10/18 09:39:09 AM
#1129   And Growing 4,298 views Go TCNNF mellow fellow 12/10/18 04:00:02 AM
#1128   Bounce time!!! JohnCM 12/09/18 06:17:12 PM
#1127   oh, thats good, I was not aware of that. Etailer 12/09/18 05:47:23 PM
#1126   They do deliver. drew5 12/09/18 05:37:55 PM
#1125   Unless the laws change there is a maximum Etailer 12/09/18 05:28:14 PM
#1124   i'm telling you that it's only a matter Rocketstockpix 12/09/18 04:38:11 PM
#1123   No thank you! Member mark for you keep mellow fellow 12/09/18 03:35:32 PM
#1122   Great article. Thanks for posting. HoldHigh 12/09/18 03:13:28 PM
#1121   Good Forbes Article ROGJR 12/09/18 02:53:39 PM
#1120   Forbes gives Trulieve massive exposure 1,508 views growing mellow fellow 12/09/18 01:10:37 PM
#1119   That's pretty much what I've been preaching here. HoldHigh 12/09/18 01:07:13 PM
#1118   Tilray would be a very high risk at Etailer 12/09/18 12:41:29 PM
#1117   1,013 views/Dec 9, 2018,9:41 am mellow fellow 12/09/18 11:33:47 AM
#1116   888 views/Dec 9, 2018,9:41 am mellow fellow 12/09/18 11:22:35 AM
#1115   783 views/Dec 9, 2018,9:41 am mellow fellow 12/09/18 11:17:47 AM
#1114   Surgeon general suggests reconsidering marijuana's status as Schedule mellow fellow 12/09/18 09:57:04 AM
#1113   very true and excellent post Rocketstockpix 12/09/18 09:24:53 AM
#1112   Thanks for the read. Check this one out mellow fellow 12/09/18 09:18:00 AM
#1111   Source: Sean Williams Motley Fool HoldHigh 12/09/18 07:38:33 AM
#1110   Yes Tilray is $100 with EPS of HoldHigh 12/09/18 05:52:05 AM
#1109   Your right, it should be and at these Etailer 12/08/18 10:32:52 PM
#1108   200+ million that's more revs then WEED and Rocketstockpix 12/08/18 02:52:26 PM
#1107   At the rate TCNNF is going, with projected HoldHigh 12/08/18 02:48:47 PM
#1106   someone is going to eventually buy out this Rocketstockpix 12/08/18 11:50:39 AM
#1105   #TCNNF: Doing just fine...:-} $8.20 captainscotty 12/07/18 06:09:37 PM
#1104   Luckily I also have account with TD so ANIA77 12/07/18 02:18:46 PM
#1103   curlf trades pink and acrzf is grey market...cwbhf Mandofellow 12/07/18 01:46:14 PM
#1102   I'm not allowed to trade TCNNF online with ANIA77 12/07/18 10:56:55 AM
#1101   Share Prices HoldHigh 12/07/18 05:07:28 AM
#1100   You might find this interesting. In every matrix HoldHigh 12/07/18 04:47:37 AM
#1099   Time to buy folks ! Price is Etailer 12/06/18 10:04:06 PM
#1098   If you compare to CURA or TILRAY market drew5 12/06/18 08:00:52 PM
#1097   This company is on my watch list. caryPT 12/06/18 07:34:42 PM
#1096   Trulieve # 1 mellow fellow 12/06/18 05:40:47 PM
#1095   serious question...anyone not allowed to trade tcnnf on Mandofellow 12/06/18 02:39:56 PM
#1094   I'm with you on this one. Long term, HoldHigh 12/06/18 11:01:55 AM
#1093   Highest income producing MJ company out there. badbass58 12/06/18 10:18:09 AM
#1092   How about the CEO going back on Cramer endo133 12/06/18 09:47:13 AM
#1091   No but I'm guessing because of Teusdays close. mellow fellow 12/06/18 05:23:07 AM
#1090   Was it green how high. Wish we were drew5 12/05/18 09:37:39 PM
#1089   the sell off in the mj stocks due Rocketstockpix 12/05/18 07:55:04 PM
#1088   That was a nice spike. Hopefully it's a mellow fellow 12/05/18 05:02:00 PM
#1087   Interesting close on trul Freeparking100 12/05/18 04:14:13 PM
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