Vancouver, British Columbia--(Newsfile Corp. - September 27, 2018) - Trulieve Cannabis Corp. (CSE: TRUL) is the latest new
listing on the Canadian Securities Exchange, following a RTO with Schyan Exploration Inc., a reporting issuer in the Province of
Ontario. Trulieve US is the first and largest fully-licensed medical cannabis company in the state of Florida and serves over
80,000 patients.
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overview of the company. If this link is not enabled, please visit www.InvestmentPitch.com and enter "Trulieve" in the search box.
It is completely, vertically integrated with over 450,000 square feet of cultivation facilities with a further 95,000 square
feet to be added in 2018. The company operates a certified processing facility that produces 90 different private label, medical
grade cannabis products that are sold through 17 company-owned dispensaries.
Kim Rivers, CEO, stated: "Trulieve US was built with a patients-first mentality by focusing on improving access to medical
cannabis while producing the highest quality products in the industry. Achieving this important milestone of a public listing
enhances our ability to expand and serve more patients while allowing investors to participate in our growth."
The company recently released its financials for the quarter ending June 30, 2018. The company ended the quarter with 16
operating dispensaries serving 83,000 active patients.
Revenue grew from US$15.2 million in the quarter ended March 31, 2018 to US$23.3 million for the quarter ended June 30, 2018.
EBITDA increased from US$11.2 million in the quarter ended March 31, 2018 to US$14.3 million for the quarter ended June 30,
2018.
Kim Rivers, CEO, further commented: "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. This momentum is continuing in the current
quarter and we expect strong results throughout 2018."
For more information, please visit the company's website at www.trulieve.com, contact Kevin Darmody, Director of Investor Relations, at 850-480-7955 or
email IR@trulieve.com.
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