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Business Summary: Trulieve Cannabis Corp. is a vertically integrated cannabis company. The Company has established cannabis operations in three hubs: Southeast, Northeast, and Southwest. Each of its three regional hubs is anchored by market positions in the cornerstone states of Florida, Pennsylvania, and Arizona. The Company operates in regulated markets that require expertise in cultivation, manufacturing, and retail. The Company utilizes various extraction techniques, including supercritical ethanol extraction, carbon dioxide extraction, hydrocarbon extraction, and mechanical separation. In addition, it utilizes distillation, purification, and manufacturing technologies to further refine extracts and transform them into a wide variety of finished products. Its 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.
Financial Summary: BRIEF: For the nine months ended 30 September 2025, Trulieve Cannabis Corp revenues increased less than 1% to $888M. Net loss before extraordinary items decreased 27% to $66.5M. Revenues reflect Wholesale and other increase of 27% to $51.4M, also reflect Retail decrease of 1% to $836.6M. Lower net loss reflects Other Income (Expense), Net decrease of 58% to $2M (expense).