Trulieve Q3 revenue $288M, gross margin 59%, adjusted EBITDA $103M

Trulieve Cannabis Corp.

Revenue of $288M, 94% from retail; GAAP gross profit $170M (59% margin).
Net loss attributable to common shareholders $27M; adjusted net loss $12M.
Adjusted EBITDA $103M (36% of revenue), up 7% YoY; operating cash flow $77M, free cash flow $64M.
Cash at quarter end $458M; added CFO Jan Reese and board member Matthew Foulston.
Opened one dispensary in Cincinnati; loyalty program reached 820,000 members.

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