TRLV · NYSE · Drug Manufacturers - Specialty & Generic

Trulieve Cannabis

Vertically integrated medical-cannabis cultivator, manufacturer, and dispensary operator.

$11.76
After-hours close−0.05 (−0.46%)
At close$11.82(+7.12%)
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Profile

Trulieve Cannabis Corp.TRLVHealth Care

Produces medical-cannabis flower, extracts, and finished products, earning most revenue through branded dispensaries while also serving selected wholesale channels. Its vertically integrated, medical-only operation spans Florida, Pennsylvania, West Virginia, and Georgia.

Operates a vertically integrated medical-cannabis business that cultivates, processes, and manufactures cannabis products, then sells them primarily through branded dispensaries. Its portfolio spans flower, extracts, and finished products across premium, core, and value labels, with online reservations, a mobile app, and a rewards program extending the retail channel.

Runs a medical-only consolidated footprint across Florida, Pennsylvania, West Virginia, and Georgia, with Florida and Pennsylvania as cornerstone markets. Cultivation, production, retail, and selective wholesale are organized through Southeast and Northeast hubs; Georgia also supplies approved products to independent pharmacies. Maintaining state licenses and federal DEA registrations is essential, while most retail footprint is in Florida.

Company facts

CEOKim Rivers
ListedJun 10, 2026
ExchangeNYSE
HeadquartersTallahassee, FL
CountryUnited States
Employees5,000
CIK0001754195
ISINCA89788C1041

Key statistics

Market cap$2.01B
EPS (ttm)−$2.45
P/E (ttm)−4.82
ROE-6.9%
P/B1.91
P/S1.69
Dividend yield
Beta1.05vs XLV 0.46

Year to date +35.8% · Average volume (30d) 951.4K

Analysts

No analyst consensus on record.

Earnings

EPS

Estimate$0.09
ReportedDue Nov 6, 2026

Revenue

Estimate$221.9M
ReportedDue Nov 6, 2026

History

Report dateEPS estEPSSurpriseRevenue estRevenueSurpriseNext session
Aug 7, 2026Q2 FY26$0.09−$2.11−2,544.1%$268.5M$271.0M+0.9%+3.77%
Aug 6, 2026Q2 FY26$0.06−$2.11−3,616.7%$268.5M$271.0M+0.9%+6.64%
May 7, 2026Q1 FY26−$0.01$0.01+170.8%$284.7M$286.8M+0.7%−5.48%
Feb 26, 2026Q4 FY25−$0.07−$0.22−196.2%$298.3M$293.1M−1.7%−1.69%
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Financial highlights

5 quartersQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$302.1M$288.2M$293.1M$286.8M$271.0M
Gross profit$182.9M$169.9M$175.2M$170.1M$162.3M
Operating income$52.4M$41.4M$19.4M$35.4M−$370.5M
Net income−$13.8M−$26.8M−$42.9M$2.4M−$406.1M
Diluted EPS−$0.07−$0.14−$0.22$0.01−$2.10
Gross margin60.6%58.9%59.8%59.3%59.9%
Operating margin17.3%14.4%6.6%12.4%-136.7%

Revenue by product · Q2 FY26

Retail$254.9M · 94%
Wholesale$16.0M · 6%

Balance sheet, Jun 30, 2026Cash & short-term investments $325.4M · Total debt $577.3M · Total assets $2.08B · Shareholders' equity $767.5M

Dividends

No dividends on record.

Ownership

Institutions Insiders

Shares outstanding 169.90M · Float 162.36M

Top shareholders13F · 13D/G · Form 4

HolderShares% outstandingFormFiled
AdvisorShares Trust10.64M6.26%13GJul 8, 2026

Insider tradesForm 4

Nothing filed in the last 12 months.

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Peers

  • Colgate-Palmolive

    Florida medical retail and Pennsylvania branded-cannabis competitor.

CompareAfter-hours close

CompanyPriceChange
Trulieve Cannabis$11.76−0.46%$2.01B25.61.7−10.3%
Colgate-Palmolive$90.85+0.15%$72.62B36.023.13.5+4.9%
Median36.023.13.5+4.9%