Trulieve Cannabis Reports Revenue Growth Amid Expansion

Trulieve Cannabis ( (TSE:TRUL) ) just unveiled an update.

Trulieve Cannabis Corp. reported a 3% year-over-year increase in third-quarter revenue, reaching $284 million, with a strong gross margin of 61%. Despite a net loss of $60 million, the company achieved an adjusted EBITDA of $96 million, marking a 24% increase from the previous year. Trulieve expanded its presence by opening new dispensaries and launching adult-use sales in Ohio, while supporting Florida’s adult-use campaign with significant investment.

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