Trulieve Cannabis Corp (TRUL) (TCNNF) Florida Cannabis Revenue Grows 739% in Q3 to $28.3 Million
45Trulieve Cannabis Corp (TRUL) (TCNNF) Florida Cannabis Revenue Grows 739% in Q3 to $28.3 Million - RICH TV LIVE - November 19, 2018 - Trulieve Cannabis Corp. (CSE: TRUL) (“Trulieve” or the “Company”) today announced its financial results for the third quarter ended September 30, 2018.
Unless otherwise stated, all currency is expressed in U.S. dollars.
Q3 2018 Highlights
Revenue grew from $23.3 million in Q2 2018 to $28.3 million in Q3 2018
Adjusted EBITDA1,2 increased from $11.7 million in Q2 2018 to $12.6 million in Q3 2018
Began trading on the Canadian Securities Exchange
Highlight Subsequent to Q3 2018
Entered into agreements to acquire 100% of Life Essence, Inc. and 100% of Leef Industries, LLC.
These outstanding results in Q3 demonstrate the meaningful progress we’ve made on our strategic plan since becoming a publicly-traded company in September. Looking ahead, we remain focused on scalable growth, including multi-state operational expansion.
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