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Trulieve Cannabis ( (TSE:TRUL) ) has issued an update.
Trulieve Cannabis Corp. has announced the expanded distribution of its Onward premium beverages and the launch of Upward, a new THC-infused energy drink, available in Florida and Illinois. This expansion includes new distribution partnerships with Romano Beverage and Anheuser-Busch, allowing the beverages to be available at hundreds of stores, enhancing Trulieve’s market positioning and offering consumers a variety of flavors designed for active and wellness-focused lifestyles.
The most recent analyst rating on (TSE:TRUL) stock is a Buy with a C$24.00 price target. To see the full list of analyst forecasts on Trulieve Cannabis stock, see the TSE:TRUL Stock Forecast page.
Spark’s Take on TSE:TRUL Stock
According to Spark, TipRanks’ AI Analyst, TSE:TRUL is a Neutral.
Trulieve Cannabis’ overall stock score is primarily influenced by its financial performance and valuation challenges. The company demonstrates strong revenue growth and a healthy gross margin, but persistent profitability issues and cash flow volatility weigh heavily. Technical indicators suggest a favorable trend, but the negative P/E ratio highlights valuation concerns. The absence of earnings call and corporate events analysis in the score calculation directs focus on these financial and technical aspects.
To see Spark’s full report on TSE:TRUL stock, click here.
More about Trulieve Cannabis
Trulieve Cannabis Corp. is a leading, vertically integrated cannabis company operating as a multi-state operator in the U.S., with significant market presence in Arizona, Florida, and Pennsylvania. The company focuses on retail and distribution expansion through a hub strategy, offering innovative, high-quality cannabis products to enhance customer experiences and accessibility.
Average Trading Volume: 132,213
Technical Sentiment Signal: Hold
Current Market Cap: C$1.16B
Learn more about TRUL stock on TipRanks’ Stock Analysis page.