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Trulieve Cannabis Corp C.TRUL

Alternate Symbol(s):  TCNNF | C.TRUL.NT.U

Trulieve Cannabis Corp. is a vertically integrated cannabis company. The Company has established cannabis operations in three hubs: Southeast, Northeast, and Southwest. Its three regional hubs are anchored by market positions in cornerstone states of Florida, Pennsylvania, and Arizona. The Company operates in regulated markets that require knowledge in cultivation, manufacturing, and retail. The Company utilizes various extraction techniques, including critical ethanol extraction, carbon dioxide extraction, hydrocarbon extraction, and mechanical separation. In addition, the Company owns and utilizes carbon dioxide extraction, distillation, purification and manufacturing technology that is used to produce a range of cannabis topicals and vapes featuring cannabinoids. The Company's brands include premium tier brands Avenue, Cultivar Collection, and Muse; mid-tier brands Modern Flower, Alchemy, Momenta, and Sweet Talk, and value tier brands Co2lors, Loveli, Roll One, and Trekkers.


CSE:TRUL - Post by User

Bullboard Posts
Post by ScotianManon Aug 12, 2020 6:33am
225 Views
Post# 31396432

All I can say is WOW!!!

All I can say is WOW!!!Second Quarter 2020 Financial & Operational Highlights 
-- Achieved record revenue of $120.8 million, an increase of 26% on a 
sequential quarter-to-quarter basis 

-- Adjusted EBITDA1,2,3 was $60.5 million, or 50% of revenue, representing 
the 10th quarter of consecutive growth and profitability 

-- Achieved free cash flow of $39.6 million 

-- Sustained strong cash position with cash and cash equivalents of $150.3 
million at June 30, 2020 

-- Achieved GAAP adjusted margin4 of 75% 

-- Announcement of transitioning to a U.S. domestic issuer subject to SEC 
reporting requirements as of January 2021 

-- Opened five new stores in Florida, ending the second quarter with 52 
stores nationwide 

-- Continued to implement best-in-class, industry leading health and safety 
protocols in response to COVID 
Recent Highlights & Developments
Bullboard Posts