Trulieve Cannabis Reports Q1 2025 Financial Results

Trulieve Cannabis ( (TSE:TRUL) ) has shared an announcement.

Trulieve Cannabis Corp. reported its first quarter 2025 financial results, highlighting a revenue of $298 million with a gross margin of 62%. Despite a net loss of $33 million, the company achieved an adjusted EBITDA of $109 million and saw significant growth in its loyalty program, with members accounting for 68% of transactions. The company also expanded its retail presence by opening new dispensaries in several states and launched a new THC beverage product.

Spark’s Take on TSE:TRUL Stock

According to Spark, TipRanks’ AI Analyst, TSE:TRUL is a Neutral.

Trulieve Cannabis’s overall stock score reflects a company with mixed financial performance and moderate technical momentum. The primary strengths are operational recovery and strategic expansions, but profitability challenges and valuation concerns weigh down the score. Although the earnings call highlighted positive trends and strategic progress, the company must overcome profitability and valuation hurdles to achieve a stronger overall rating.

To see Spark’s full report on TSE:TRUL stock, click here.

More about Trulieve Cannabis

Trulieve Cannabis Corp. is a leading cannabis company in the United States, focusing on retail sales of cannabis products. The company operates 229 retail dispensaries and has over four million square feet of cultivation and processing capacity, offering a range of cannabis-related products including a premium non-alcoholic THC beverage.

Average Trading Volume: 156,822

Technical Sentiment Signal: Sell

Current Market Cap: C$1.17B

See more data about TRUL stock on TipRanks’ Stock Analysis page.