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Trulieve Leads Off Cannabis Earnings Week With Strong Margin
On our latest Trade To Black podcast, host Shadd Dales and Anthony Varrell unpack a pivotal week for cannabis investors as earnings season kicks off. First up—Trulieve (OTCQX: TCNNF), which reported stable Q1 revenue at $298 million, beating analyst expectations. Margins climbed to 62%, with $109 million in adjusted EBITDA and a healthy $329 million in cash at quarter-end. Despite a net loss of $33 million, the company showed resilience through strong operational cash flow and a robust 4/20 retail performance. Trulieve also expanded with six new dispensaries and debuted its new THC beverage…
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