secwatch.observer — SEC 8-K summary
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Issuer:     Trulieve Cannabis Corp. (TCNNF)
CIK:        0001754195
Form:       8-K
Filed at:   2023-03-08T23:59:59+00:00
Accession:  0001193125-23-063707
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Trulieve reports record FY2022 revenue of $1.24B, Q4 net loss of $77M
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- FY2022 revenue $1.24B (+32% YoY); Q4 revenue $302M, 2% sequential retail growth.
- Q4 GAAP gross margin 50%; net loss $77M; adjusted net loss $35M; adjusted EBITDA $85M (28% revenue).
- Q4 operating cash flow $55M, free cash flow $21M; inventory reduced $4M vs Q3 build of $32M.
- Closed $90M in commercial loans at avg 7.5% interest; opened 5 new dispensaries; total 181 dispensaries.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1754195/000119312523063707/0001193125-23-063707-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1754195/000119312523063707/d480555d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-063707

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