secwatch.observer — SEC 8-K summary
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Issuer:     Trulieve Cannabis Corp. (TCNNF)
CIK:        0001754195
Form:       8-K
Filed at:   2026-05-07T23:59:59+00:00
Accession:  0001754195-26-000030
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Trulieve Q1 2026: Revenue $287M, Net Income $2M, Adjusted EBITDA $100M, Gross Margin 59%
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- Q1 revenue $287M; gross margin 59% ($170M gross profit); 92% of revenue from retail sales.
- Positive GAAP net income $2M; adjusted net income $20M; adjusted EBITDA $100M (35% of revenue).
- Cash from operations $56M, free cash flow $42M; cash at quarter end $353M.
- Closed $60M private placement of senior secured notes due 2030.
- Opened three new Florida dispensaries; rewards program reached 1M members; DEA registration enabled by Schedule III rescheduling.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1754195/000175419526000030/0001754195-26-000030-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1754195/000175419526000030/tcnnf-20260507.htm
  HTML page:      https://secwatch.observer/filing/0001754195-26-000030

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer