---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-281243"
form_type: "8-K"
ticker: "TCNNF"
cik: "0001754195"
company_name: "Trulieve Cannabis Corp."
filed_at: "2022-11-09T23:59:59+00:00"
generated_at: "2026-06-22T01:39:46.649132+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Trulieve Q3 revenue $301M (+34% YoY); net loss $115M with $93M impairments; adj. EBITDA $99M

## Summary
- Revenue $301M (+34% YoY); 94% retail; GAAP gross margin 56%, gross profit $168M.
- Net loss $115M includes $93M asset impairments from exiting CA dispensaries, redundant FL cultivation, and NV wholesale.
- Adjusted net income $4M (excl. $26M transaction/integration charges & $93M impairments); adj. EBITDA $99M (33% margin).
- Cash $114M; capex $38M; expects significant decline in supply chain investments in 2023.
- Opened 11 new dispensaries in AZ, FL, WV; first Trulieve-branded store in Phoenix; began cultivation in Georgia.

## SEC filing metadata
- accession: 0001193125-22-281243
- form_type: 8-K
- ticker: TCNNF
- cik: 0001754195
- company_name: Trulieve Cannabis Corp.
- filed_at: 2022-11-09T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- 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/1754195/000119312522281243/0001193125-22-281243-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1754195/000119312522281243/d411970d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-281243
- JSON: https://secwatch.observer/filing/0001193125-22-281243.json
- Plain text: https://secwatch.observer/filing/0001193125-22-281243.txt

## Key facts
- Earnings Releases
  Trulieve Cannabis Corp. reported financial results for three and nine months ended September 30, 2022.
  - Period: three and nine months ended September 30, 2022
  - Result: reported results
  source text: On November 9, 2022, Trulieve Cannabis Corp. (the “Company”) announced via press release its results for the three and nine months ended September 30, 2022. A copy of the Company’s press release is hereby furnished to the Commission and incorporated herein by reference as Exhibit 99.1.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1754195/000119312522281243/0001193125-22-281243-index.htm

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