Trulieve Cannabis Corp. (TCNNF)

OTCMKTS: TCNNF · Delayed Price · USD
10.74
-0.68 (-5.95%)
Apr 19, 2024, 3:59 PM EDT - Market closed
Market Cap 2.00B
Revenue (ttm) 1.14B
Net Income (ttm) -529.22M
Shares Out 185.99M
EPS (ttm) -2.80
PE Ratio n/a
Forward PE 20.41
Dividend n/a
Ex-Dividend Date n/a
Volume 226,927
Open 11.13
Previous Close 11.42
Day's Range 10.74 - 11.44
52-Week Range 3.42 - 13.75
Beta 1.51
Analysts Strong Buy
Price Target 11.83 (+10.15%)
Earnings Date Aug 9, 2023

About TCNNF

Trulieve Cannabis Corp., together with its subsidiaries, operates as a cannabis retailer. The company cultivates, processes, and manufactures cannabis products and distributes its products to its dispensaries, as well as through home delivery. It sells flowers, edibles, vapes, creams, balms, salves, lotions, vaporizers, batteries, cartridge, concentrates, topicals, capsules, synringes, tinctures, and accessories under the Avenue, Cultivar Collection, Muse, Modern Flower, Alchemy, Momenta, Sweet Talk, Co2lors, Loveli, Trekkers, and Roll One bran... [Read more]

Sector Healthcare
Founded 1940
Employees 5,400
Stock Exchange OTCMKTS
Ticker Symbol TCNNF
Full Company Profile

Financial Performance

In 2023, TCNNF's revenue was $1.15 billion, a decrease of -7.25% compared to the previous year's $1.24 billion. Losses were -$536.46 million, 161.6% more than in 2022.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for TCNNF stock is "Strong Buy." The 12-month stock price forecast is $11.83, which is an increase of 10.15% from the latest price.

Price Target
$11.83
(10.15% upside)
Analyst Consensus: Strong Buy

News

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Trulieve Cannabis Corp. to Hold First Quarter 2024 Results Conference Call on May 9, 2024

TALLAHASSEE, Fla. , April 5, 2024 /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...

14 days ago - PRNewsWire

Trulieve Announces April 2024 Event Participation

TALLAHASSEE, Fla. , April 3, 2024 /PRNewswire/ -- Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) ("Trulieve" or "the Company"), a leading and top-performing cannabis company in the U.S., today ann...

16 days ago - PRNewsWire

Florida Supreme Court OKs adult-use cannabis referendum for November ballot in victory for pot companies

The Florida Supreme Court on Monday ruled in favor of allowing Florida voters to decide whether cannabis can be sold to adults 21 and over through a referendum on the November ballot.

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18 days ago - Market Watch

Trulieve Applauds Florida Supreme Court for Affirmative Ruling on the Smart & Safe Florida Ballot Initiative

TALLAHASSEE, Fla. , April 1, 2024  /PRNewswire/ -- Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) ("Trulieve" or "the Company"), a leading and top-performing cannabis company in the U.S., applauds...

18 days ago - PRNewsWire

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Cannabis stocks rise after President Biden mentions plant in State of the Union speech

Shares of both U.S. and Canadian cannabis stocks moved up on Friday after President Joe Biden mentioned the federal government's current effort to potentially reclassify the plant under federal law in...

6 weeks ago - Market Watch

Trulieve to Open Express Medical Cannabis Dispensary in Palm Bay, Florida

New location is the Company's second dispensary dedicated to express pickup orders TALLAHASSEE, Fla. , March 6, 2024 /PRNewswire/ -- Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) ("Trulieve" or "...

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Trulieve CEO Kim Rivers on Q4 earnings and cannabis adult use ballot in the U.S.

Kim Rivers, Trulieve CEO, founder, and chairwoman, joins 'Fast Money' to talk quarterly results, cannabis on the ballot, consumer trends and more.

7 weeks ago - CNBC Television

Trulieve, Green Thumb Industries, Verano beat revenue estimates as more states roll out legal cannabis sales

Trulieve Cannabis Corp., Green Thumb Industries Inc. and Verano Holdings Corp. all topped revenue estimates for the fourth quarter, as the cannabis companies opened new stores and more states rolled o...

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7 weeks ago - Market Watch

Trulieve Reports Fourth Quarter and Full Year 2023 Results Highlighting Year End Momentum and Cash Generation

Fourth quarter performance delivered highest revenue and gross margin for the year Record cash flow from operations of $202 million and free cash flow of $161 million* in 2023 Expect 2024 cash flow fr...

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Cannabis stocks rise as Germany takes ‘first big step' toward broader legalization in Europe

Curaleaf Holdings Inc. Executive Chairman Boris Jordan and other cannabis executives on Friday praised Germany's removal of cannabis from a list of narcotics as a potential boost to the marijuana busi...

2 months ago - Market Watch

Trulieve to Open Medical Cannabis Dispensary in Pinellas Park, Florida

New Pinellas County location will host grand opening celebration Saturday TALLAHASSEE, Fla. , Feb. 19, 2024 /PRNewswire/ -- Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) ("Trulieve" or "the Compa...

2 months ago - PRNewsWire

The Progress Of Legal Cannabis And Marijuana Stocks 2024

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Cannabis stocks gain as Pennsylvania governor prioritizes legalizing adult-use pot

Cannabis stocks rose Tuesday as Pennsylvania Gov. Josh Shapiro said the Keystone state should legalize adult-use cannabis in order to potentially generate $250 million in tax revenue.

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Marijuana stock investors are watching the sector with the idea that momentum will build even more. With a continuous battle to establish better reform, more people are looking to invest. The future o...

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Trulieve Cannabis Corp. to Hold Fourth Quarter and Full Year 2023 Results Conference Call on February 29, 2024

TALLAHASSEE, Fla. , Feb. 5, 2024 /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...

2 months ago - PRNewsWire

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Curaleaf, Trulieve, Verano could benefit from marijuana reclassification

Multi-state cannabis operators Curalef Holdings Inc., Trulieve Cannabis Corp. and Verano Holdings Corp. will get a boost if the U.S. reclassifies cannabis as a Schedule III drug from its current Sched...

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2 months ago - Market Watch