Financial GuidanceGuidance for Q4 includes gross margins above prior forecast with low single digit sequential growth in revenues.
Financial PerformanceTrulieve reported strong gross margins that led to EBITDA above expectations.
Financial PositionSizable cash pile creates optionality: With $356 million of cash on hand, Trulieve has plenty of firepower to invest in growth catalysts across the board.
Investment ProspectsGiven Trulieve’s healthy financial position, access to capital, and best-in-class profitability metrics, the stock is attractive for investors looking for cannabis exposure to a high-quality operator.