Trulieve Cannabis ( (TSE:TRUL) ) just unveiled an update.
Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
Trulieve Cannabis Corp. reported a 3% year-over-year increase in third-quarter revenue, reaching $284 million, with a strong gross margin of 61%. Despite a net loss of $60 million, the company achieved an adjusted EBITDA of $96 million, marking a 24% increase from the previous year. Trulieve expanded its presence by opening new dispensaries and launching adult-use sales in Ohio, while supporting Florida’s adult-use campaign with significant investment.
See more insights into TRUL stock on TipRanks’ Stock Analysis page.
