Trulieve Cannabis Corp. Overview
Pro stress-test →Trulieve is a vertically integrated cannabis company and multi-state operator in the United States involved in cultivation, manufacturing, and retail distribution of cannabis products, with majority revenue from retail sales through its dispensary network. The company achieved $1.2 billion in full-year 2025 revenue with 60% gross margin, record cash flow from operations of $273 million and free cash flow of $229 million, and sold 50.1 million branded product units.
Strategic Profile
Pro stress-test →Trulieve describes itself as having leading market positions in Arizona, Florida, and Pennsylvania. The company operates more than 200 retail dispensaries and over four million square feet of cultivation and processing capacity, selling over 12 million branded products per quarter.
Competitive Landscape
Pro stress-test →Curaleaf Holdings, Cresco Labs, Columbia Care, and MedMen Enterprises are competitors. Trulieve maintains differentiation through its multi-state retail network, cultivation infrastructure, and branded product portfolio. The company is positioned among the leading U.S. cannabis operators by scale and geographic reach.
Industry Context
Trulieve Cannabis Corp. operates in Cannabis - Retail & Cultivation.
Key facts
Headquarters: Tallahassee, Florida · Revenue: $1.2B · Market cap: $1.2B - $1.7B