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The latest announcement is out from Trulieve Cannabis ( (TSE:TRUL) ).
Trulieve Cannabis Corp. has announced the appointment of Matthew Foulston to its Board of Directors and Jan Reese as Chief Financial Officer. These strategic appointments are expected to bring valuable experience and insight to Trulieve as it navigates the evolving cannabis landscape, aiming to enhance shareholder value and capitalize on growth opportunities.
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 Cannabis Corp. is a leading cannabis company in the U.S., known for its strong financial performance and growth opportunities in the cannabis industry.
Average Trading Volume: 218,271
Technical Sentiment Signal: Buy
Current Market Cap: C$2.37B
Learn more about TRUL stock on TipRanks’ Stock Analysis page.