Trulieve Cannabis (OTC) ( (TCNNF) ) has released its Q2 earnings. Here is a breakdown of the information Trulieve Cannabis (OTC) presented to its investors.
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Trulieve Cannabis Corp. is a leading U.S.-based cannabis company known for its vertically integrated operations and significant market presence in states like Arizona, Florida, and Pennsylvania. The company focuses on providing high-quality cannabis products and expanding its retail and distribution networks.
In its second-quarter 2025 earnings report, Trulieve announced a revenue of $302 million, maintaining a strong gross margin of 61%. The company also reported a net loss of $14 million but highlighted a positive cash flow from operations amounting to $86 million. Trulieve’s loyalty program continues to grow, with over 725,000 members contributing to 71% of transactions.
Key financial metrics from the quarter include an adjusted EBITDA of $111 million, representing 37% of revenue, and a free cash flow of $75 million. The company opened three new dispensaries and introduced new product lines, including Redemption Cannabis in West Virginia and Upward THC energy drinks in Florida and Illinois. Trulieve’s operational footprint now includes 231 retail dispensaries across the U.S.
Looking ahead, Trulieve’s management remains optimistic about its strategic plan for 2025, emphasizing customer focus, distribution, and product innovation. With strong operational capabilities and a robust cash flow, Trulieve aims to solidify its position as an industry leader in the cannabis sector.