Trulieve Cannabis (OTC) ( (TCNNF) ) has released its Q3 earnings. Here is a breakdown of the information Trulieve Cannabis (OTC) presented to its investors.
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Trulieve Cannabis Corp. is a leading vertically integrated cannabis company and multi-state operator in the U.S., known for its significant market presence in Arizona, Florida, and Pennsylvania, and its focus on providing high-quality cannabis products to enhance customer experiences.
In its third-quarter 2025 earnings report, Trulieve Cannabis Corp. highlighted its operational discipline and cash flow strength, reporting a revenue of $288 million with a gross margin of 59%. The company also noted a year-to-date cash flow from operations of $214 million and free cash flow of $173 million.
Key financial metrics from the report include a net loss attributable to common shareholders of $27 million, with an adjusted net loss of $12 million after excluding non-recurring charges. The company achieved an adjusted EBITDA of $103 million, representing 36% of revenue, and ended the quarter with $458 million in cash. Trulieve also expanded its product offerings and distribution, including the launch of new THC beverages and energy drinks, and opened new dispensaries in Ohio and Arizona.
Looking forward, Trulieve’s management remains optimistic about the company’s strategic plan, emphasizing its strong cash generation and flexibility in a dynamic market. The company continues to focus on growth opportunities and expanding its retail and distribution scale in both new and existing markets.