---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-147990"
form_type: "8-K"
ticker: "TCNNF"
cik: "0001754195"
company_name: "Trulieve Cannabis Corp."
filed_at: "2022-05-12T23:59:59+00:00"
generated_at: "2026-06-25T18:56:01.557618+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Trulieve Q1 2022 revenue $318.3M, up 64% YoY; adjusted EBITDA $105.5M

## Summary
- Revenue $318.3M (+64% YoY, +4% sequentially); GAAP gross margin 56.0% vs 43.4% in Q4 2021.
- Net loss $32.0M (improved 55% sequentially); adjusted net income $1.7M; adjusted EBITDA $105.5M (33.2% of revenue).
- Cash from operations $45.1M; cash balance $267M; issued $75M senior secured notes at 8% due Oct 2026.
- Retail network 162 dispensaries; cultivation capacity 4.0M sq ft (+93% YoY) as of March 31, 2022.
- Q1 includes $17.2M acquisition integration charges and $13.8M asset impairments from closing redundant cultivation activities.

## SEC filing metadata
- accession: 0001193125-22-147990
- form_type: 8-K
- ticker: TCNNF
- cik: 0001754195
- company_name: Trulieve Cannabis Corp.
- filed_at: 2022-05-12T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1754195/000119312522147990/0001193125-22-147990-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1754195/000119312522147990/d281733d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-147990
- JSON: https://secwatch.observer/filing/0001193125-22-147990.json
- Plain text: https://secwatch.observer/filing/0001193125-22-147990.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.