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Trulieve Cannabis ( (TSE:TRUL) ) just unveiled an announcement.
Trulieve Cannabis is expanding its footprint in Florida with the opening of a new medical cannabis dispensary in Fort Myers, reinforcing its leading position in one of its core markets. The Fort Myers Beach location on San Carlos Boulevard will offer extended daily hours, walk-in and express pickup services, and a broad assortment of Trulieve’s in-house brands alongside exclusive partner labels, supported by promotional discounts including veteran and first-time patient benefits and broader access via home delivery and online ordering across the state, underscoring the company’s focus on accessibility, patient service and market penetration in Florida’s medical cannabis sector.
The most recent analyst rating on (TSE:TRUL) stock is a Buy with a C$20.00 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 demonstrates strong revenue growth and positive technical momentum, but faces challenges with profitability and valuation. The earnings call provided a balanced view of growth initiatives and existing pressures.
To see Spark’s full report on TSE:TRUL stock, click here.
More about Trulieve Cannabis
Trulieve Cannabis Corp. is an industry-leading, vertically integrated multi-state cannabis operator with strong market positions in Arizona, Florida and Pennsylvania. The company pursues a hub-based growth strategy to build scale in retail and distribution, offering an extensive portfolio of innovative, high-quality cannabis products under both in-house and partner brands to medical patients and customers across its network, and is listed on the CSE and OTCQX under the symbols TRUL and TCNNF, respectively.
YTD Price Performance: -1.01%
Average Trading Volume: 269,847
Technical Sentiment Signal: Buy
Current Market Cap: C$2.25B
For detailed information about TRUL stock, go to TipRanks’ Stock Analysis page.