secwatch.observer — SEC 8-K summary
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Issuer:     Trulieve Cannabis Corp. (TCNNF)
CIK:        0001754195
Form:       8-K
Filed at:   2025-05-07T23:59:59+00:00
Accession:  0001754195-25-000035
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Trulieve Q1 revenue $298M, gross margin 62%, adjusted EBITDA $109M
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- Q1 revenue of $298M, slightly up YoY; 95% from retail sales.
- GAAP gross margin improved to 62% from 58%; gross profit of $183M.
- Net loss attributable to common shareholders $33M; adjusted net loss $3M.
- Adjusted EBITDA of $109M (37% of revenue), up 3% YoY; operating cash flow $51M.
- Opened 6 dispensaries in AZ, FL, OH; launched Onward THC beverage.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1754195/000175419525000035/0001754195-25-000035-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1754195/000175419525000035/tcnnf-20250507.htm
  HTML page:      https://secwatch.observer/filing/0001754195-25-000035

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