OverviewSuggest Edit

Trulieve is a medical marijuana dispensing organization. It is mainly engaged in the cultivation, possession, use, sale, and distribution of medical cannabis.
TypePublic
Founded2016
HQNorth Fort Myers, FL, US
Websitetrulieve.com
Employee Ratings2.8

Latest Updates

Employees (est.) (Dec 2020)4,455
Job Openings758
Share Price (May 2022)$13.6(-3%)
Cybersecurity ratingBMore
Discover new suppliers and conduct deeper comparison analysis with Craft for EnterpriseLearn more
Banner background

Key People/Management at Trulieve

Kim Rivers

Kim Rivers

Chief Executive Officer and Director
Jason Pernell

Jason Pernell

Chief Information Officer
Alex D'Amico

Alex D'Amico

Chief Financial Officer
Eric Powers

Eric Powers

Chief Legal Officer
Valda Coryat

Valda Coryat

Chief Marketing Officer
Kyle Landrum

Kyle Landrum

Chief Production Officer
Show more

Trulieve Office Locations

Trulieve has offices in North Fort Myers, Bradenton, Edgewater, Jacksonville and in 5 other locations
North Fort Myers, FL, US (HQ)
13971 N Cleveland Ave #16
Bradenton, FL, US
1103 14th St W
Edgewater, FL, US
103 Boston Rd
Jacksonville, FL, US
6259 Beach Blvd
Miami, FL, US
4020 NW 26th St
Orlando, FL, US
4544 N Orange Blossom Trail
Show all (9)

Trulieve Financials and Metrics

Trulieve Revenue

USD

Market capitalization (11-May-2022)

2.5b

Closing stock price (11-May-2022)

13.6

Cash (30-Sept-2021)

213.6m

EV

2.5b
Trulieve's current market capitalization is $2.5 b.
Annual
USDFY, 2019FY, 2020

Cash

91.8m146.7m

Prepaid Expenses

6.9m19.8m

Inventories

204.5m98.3m
Quarterly
USDQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Cash

100.8m150.3m193.4m162.5m289.2m213.6m

Accounts Receivable

2.6m8.5m

Prepaid Expenses

14.6m11.2m13.3m25.2m36.5m29.8m

Inventories

227.9m219.0m205.3m103.9m112.6m133.9m
Annual
USDFY, 2019FY, 2020

Net Income

178.0m63.0m

Depreciation and Amortization

11.1m12.6m

Inventories

(180.1m)(22.5m)

Accounts Payable

7.3m1.0m
Quarterly
USDQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Net Income

14.0m20.6m25.3m30.1m71.0m89.6m

Depreciation and Amortization

6.1m12.9m20.3m9.1m20.8m34.2m

Inventories

(23.4m)(14.5m)(801.0k)(5.6m)(14.3m)(33.8m)

Accounts Payable

(1.8m)(8.7m)1.3m595.0k2.2m17.9m
USDFY, 2019

EV/CFO

52.5 x
Show all financial metrics

Trulieve Operating Metrics

Trulieve's Orders was reported to be 2.1 m in Q3, 2019.
FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020FY, 2020Q1, 2021Q2, 2021Q3, 2021

Cultivation and Processing Space, sq. ft.

638 k686 k1.61 m1.68 m1.68 m1.78 m1.78 m1.78 m1.9 m2.1 m2.2 m3.5 m

Orders

1 m1.3 m1.3 m2.1 m

Retail Stores

2214303842475268707896155
Show all operating metrics

Trulieve Revenue Breakdown

Embed Graph

Trulieve revenue breakdown by business segment: 100.0% from HEALTH CARE DIVERSIFIED

Trulieve Cybersecurity Score

Cybersecurity ratingPremium dataset

B

86/100

SecurityScorecard logo

Trulieve Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

Trulieve Online and Social Media Presence

Embed Graph

Trulieve News and Updates

Trulieve posts Q1 loss but revenue tops estimates

Trulieve Cannabis Corp. posted a net loss of $32.0 million, or 17 cents share, for the first quarter, after earnings of $30.1 million, or 24 cents share in the year-earlier period. Excluding transaction, acquisition, integration, and other non-recurring charges primarily associated with the Harves…

Trulieve Acquires Greenhouse Wellness West Virginia

TALLAHASSEE, Fla., April 27, 2022 /PRNewswire/ -- Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) "Trulieve" or "the Company"), a leading and top-performing cannabis company in the United States, today announced the closing of the acquisition of Greenhouse Wellness West Virginia...

Trulieve Celebrates '4.20 for All' Campaign Throughout April

'4.20 for All' campaign features local retail activations and national initiatives supporting economic and social advancement within the cannabis community TALLAHASSEE, Fla., April 18, 2022 /PRNewswire/ -- Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) ("Trulieve" or "the Company"), a...

Trulieve Opening Medical Marijuana Dispensary in Zephyrhills, Florida

New dispensary expands patient access beginning April 16; grand opening specials available TALLAHASSEE, Fla., April 16, 2022 /PRNewswire/ -- Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) "Trulieve" or "the Company"), a leading and top-performing cannabis company in the United States,...

Trulieve Opening Medical Marijuana Dispensary in Fort Myers, Florida

New dispensary expands patient access beginning April 13; grand opening specials available TALLAHASSEE, Fla., April 13, 2022 /PRNewswire/ -- Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) "Trulieve" or "the Company"), a leading and top-performing cannabis company in the United States,...

Trulieve Hosts Framingham, Massachusetts Grand Opening Celebration

Third dispensary in Massachusetts to open offers an elevated in-store experience; Celebration on April 9 includes celebrity appearances, giveaways and deals TALLAHASSEE, Fla., April 6, 2022 /PRNewswire/ -- Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) ("Trulieve" or "the Company"), a...
Show more

Trulieve Blogs

Trulieve Starts Year with Record First Quarter 2022 Results

Record revenue of $318.3 million , up 64% year over year and 4% sequentially First quarter 2022 cash flow from operations of $45.1 million and cash balance of $267 million   Industry leading U.S. retail network of 162 dispensaries, supported by over 4.0 million square feet of cultivation and

Trulieve Announces May 2022 Event Participation

TALLAHASSEE, Fla. , May 4, 2022 /PRNewswire/ -- Trulieve Cannabis Corp. (CSE: TRUL ) (OTCQX: TCNNF ) (" Trulieve " or "the Company"), a leading and top-performing cannabis company in the U.S. , today announced planned event participation in May.     Regenerative Cannabis Live, May 5, 2022 :

Trulieve Cannabis Corp. to Hold First Quarter 2022 Results Conference Call on May 12, 2022

TALLAHASSEE, Fla. , May 3, 2022 /PRNewswire/ -- Trulieve Cannabis Corp. (CSE: TRUL ) (OTCQX: TCNNF ) (" Trulieve " or "the Company"), a leading and top-performing cannabis company in the U.S. , will hold a conference call on Thursday, May 12, 2022 at 8:30 AM Eastern Time following the release of

Trulieve CEO Kim Rivers Receives Green Market Report Women's Leadership Award

TALLAHASSEE, Fla. , April 28, 2022 /PRNewswire/ --  Trulieve Cannabis Corp. (CSE:  TRUL ) (OTCQX:  TCNNF ) (" Trulieve " or "the Company"), a leading and top-performing cannabis company in the United States , today announced that its Chief Executive Officer Kim Rivers has won Green Market Report 's

Trulieve Expands Khalifa Kush Partnership in Arizona

Adult-use consumers and medical patients in Arizona can find  Khalifa Kush products at Trulieve dispensaries beginning April 14   TALLAHASSEE, Fla. , April 14, 2022 /PRNewswire/ -- Trulieve Cannabis Corp. (CSE: TRUL ) (OTCQX: TCNNF ) (" Trulieve " or "the Company"), a leading and top-performing

Trulieve Announces April 2022 Conference and Event Participation

TALLAHASSEE, Fla. , April 5, 2022 /PRNewswire/ -- Trulieve Cannabis Corp. (CSE: TRUL ) (OTCQX: TCNNF ) (" Trulieve " or "the Company"), a leading and top-performing cannabis company in the U.S. , today announced planned participation in upcoming conferences and events in April.
Show more

Trulieve Frequently Asked Questions

  • When was Trulieve founded?

    Trulieve was founded in 2016.

  • Who are Trulieve key executives?

    Trulieve's key executives are Kim Rivers, Jason Pernell and Alex D'Amico.

  • How many employees does Trulieve have?

    Trulieve has 4,455 employees.

  • Who are Trulieve competitors?

    Competitors of Trulieve include Green Thumb Industries, Aurora Cannabis and Tilray.

  • Where is Trulieve headquarters?

    Trulieve headquarters is located at 13971 N Cleveland Ave #16, North Fort Myers.

  • Where are Trulieve offices?

    Trulieve has offices in North Fort Myers, Bradenton, Edgewater, Jacksonville and in 5 other locations.

  • How many offices does Trulieve have?

    Trulieve has 9 offices.