TRLV · NYSE · Drug Manufacturers - Specialty & Generic

Trulieve Cannabis (TRLV)

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

$12.49
vs last close+0.02 (+0.16%)
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Trulieve Cannabis Corp.TRLV
Health 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

Market cap$2.12B
EPS (ttm)−$2.45
P/E (ttm)−5.09
ROE-44.0%
P/B2.76
P/S1.86
Dividend yieldDiv yield
Beta1.11vs XLV 0.42

No analyst consensus on record.

Next report
Nov 6, 26
in 44 days
EPS estimate
$0.09
Revenue estimate
$221.9M
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Feb '25May '25Aug '25Nov '25Feb '26May '26Aug '26Nov '26
Reported−$0.31−$0.17−$0.07−$0.14−$0.22$0.01−$2.11Pending
Estimate−$0.22−$0.07−$0.06−$0.08−$0.07−$0.01$0.06$0.09
Surprise−40.6%−131.7%−15.9%−65.5%−196.2%+170.8%−3,616.7%

RevenueReportedEstimate

Feb '25May '25Aug '25Nov '25Feb '26May '26Aug '26Nov '26
Reported$301.0M$297.8M$302.1M$288.2M$293.1M$286.8M$271.0MPending
Estimate$292.5M$294.3M$301.5M$287.5M$298.3M$284.7M$268.5M$221.9M
Surprise+2.9%+1.2%+0.2%+0.3%−1.7%+0.7%+0.9%
Estimate$0.09
ReportedDue Nov 6, 2026
Estimate$221.9M
ReportedDue Nov 6, 2026
View details

Debt to equity75.20%
Current ratio594.20%

ProfitabilityRevenueNet incomeNet margin

Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$302.1M$288.2M$293.1M$286.8M$271.0M
Net income−$13.8M−$26.8M−$42.9M$2.4M−$406.1M
Net margin0.0%0.0%0.0%0.8%0.0%

GrowthOperating income

Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$52.4M$41.4M$19.4M$35.4M−$370.5M
YoY growthTurned loss

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

Revenue
$271.0M
Operating income
−$370.5M
Net income
−$406.1M
View details

No dividends on record.

192.57M company shares as of Sep 23, 2026 · holders as of their latest filing

Two share counts disagree (192.57M in the company's Sep 23, 2026 report, 169.90M elsewhere); stakes use the report.

This company has 2 share classes; every stake here is a share of the whole company.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
AdvisorShares TrustInstitution
5.53%10.64Mfiled Jul 8, 2026

Insider tradesForm 4

Nothing filed in the last 12 months.

View details

  • Colgate-Palmolive

    Florida medical retail and Pennsylvania branded-cannabis competitor.

Compare

CompanyPriceChange
Trulieve Cannabis$12.49+0.16%$2.12B27.11.9−10.3%
Colgate-Palmolive$86.33−0.83%$69.66B34.522.03.3+4.9%
Median34.522.03.3+4.9%