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Trulieve Cannabis ( (TSE:TRUL) ) just unveiled an update.
Trulieve Cannabis Corp. announced the opening of a new dispensary in Bisbee, Arizona, expanding its presence in the state and enhancing access for patients and customers in south Cochise County. The new location will offer a wide range of Trulieve’s in-house brands and partner products, reinforcing the company’s commitment to providing affordable, high-quality cannabis products and an elevated customer experience.
The most recent analyst rating on (TSE:TRUL) stock is a Hold with a C$10.00 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’s stock score is primarily influenced by its financial performance and technical analysis. The company faces challenges with declining revenue and profitability, but strong gross margins and improved cash flow management are positive signs. Technical indicators show bullish momentum, supporting a higher score. However, the negative P/E ratio and lack of dividend yield weigh down the valuation score, impacting the overall assessment.
To see Spark’s full report on TSE:TRUL stock, click here.
More about Trulieve Cannabis
Trulieve is a leading, vertically integrated cannabis company and multi-state operator in the U.S. with significant market positions in Arizona, Florida, and Pennsylvania. The company focuses on retail and distribution expansion through its hub strategy, offering innovative, high-quality cannabis products across its brand portfolio to enhance customer experiences and accessibility.
Average Trading Volume: 249,281
Technical Sentiment Signal: Buy
Current Market Cap: C$1.91B
See more insights into TRUL stock on TipRanks’ Stock Analysis page.