---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-045096"
form_type: "8-K"
ticker: "TCNNF"
cik: "0001754195"
company_name: "Trulieve Cannabis Corp."
filed_at: "2024-11-05T23:59:59+00:00"
generated_at: "2026-05-30T05:25:39.963269+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Trulieve Q3 revenue $284M, gross margin 61%; $48M campaign spend drives net loss $60M

## Summary
- Revenue $284M (+3% YoY); gross margin 61% vs 52% in Q3 2023; adjusted EBITDA $96M (34% revenue), up 24% YoY.
- Net loss $60M; adjusted net loss $12M after excluding $48M in Florida adult-use campaign support and other non-recurring items.
- Cash flow from operations $30M; free cash flow -$7M impacted by $48M campaign support; cash and short-term investments $319M.
- Launched adult-use sales at 3 Ohio locations; opened 15 new dispensaries in FL and PA; 30% of retail locations now outside Florida.

## SEC filing metadata
- accession: 0001628280-24-045096
- form_type: 8-K
- ticker: TCNNF
- cik: 0001754195
- company_name: Trulieve Cannabis Corp.
- filed_at: 2024-11-05T23:59:59+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/1754195/000162828024045096/0001628280-24-045096-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1754195/000162828024045096/tcnnf-20241105.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-045096
- JSON: https://secwatch.observer/filing/0001628280-24-045096.json
- Plain text: https://secwatch.observer/filing/0001628280-24-045096.txt

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