Trulieve Cannabis Corp. Reports Strong Operational Results Record Revenue and Profits

Trulieve Cannabis Corp. Reports Strong Operational Results Record Revenue and Profits – rich tv live – AUGUST 14, 2019 – Trulieve Cannabis Corp. (“Trulieve” or the “Company”) (CSE: TRUL) (OTCQX: TCNNF), today announced its financial results for the second quarter of 2019 ended June 30, 2019. Unless otherwise stated, all currency is expressed in U.S. dollars.

So truly truly now if you guys were watching my video my pop ten picks for august 2019 you would see my number one pick in my video is truly and truly just reported strong operational results record revenue and profits and grows footprint in the second quarter of 2019 this comes off the heels of canopy growth reporting their revenue or which some people are

Saying their loss of 1.2 billion dollars but truely’s results are fantastic company achieving new operational efficiencies and strong financial discipline as it rolls out growth and expansion initiatives as a multi-state operator truly cannabis corp trul in canada tcn and f in america today announced its financial results for the second quarter of 2009 teen ended

June 30th 2019 unless otherwise stated all currency is expressed in us dollars second quarter 2019 financial and operational highlights record revenue of fifty seven point nine million an increase of 30 percent on a sequential quarter-to-quarter basis you know what this deserves a little bit of attention this deserves its own music this deserves because right now

Everybody is hating on the cannabis sector everybody’s hating on the cannabis sector everybody’s talking trash right now everybody’s got something negative to say but the cannabis sector so you know what we do when people have negative things to say about the cannabis sector you know what we do we made this song for growth because number one i don’t know if number

One anymore true leave had record revenue of fifty seven point nine million an increase of 30% on a sequential quarter-to-quarter basis adjusted ebody increased from 19 million in q1 2019 to 30 1.6 million in q2 2019 an increase of 19 percent in florida patient growth driven primarily by the introduction of smokeable flour interesting patient count to just over

Increasing the patient count to just over 180 1000 as of june 30th what 130 1000 patients were truly that is staggering number staggering number smokeable flower accounted for approximately 50% of total product sales in florida for q2 2019 up from nearly 30 percent in q1 2019 completed a public debt offering raising an aggregate principal amount of 70 million

Opened three additional dispensaries in florida in the total to 29 at q to 2019 completed acquisition of ct based medical cannabis dispensary the healing corner launched various automation initiatives to further increase efficiencies product output and innovation executed a large-scale customized si p implementation could truly be looking to take number one or

Could it be aurora but it one day be zen abyss is can it be growth showing cracks in their armor canopy growth for the longest time has always been number one now they’re starting to show some cracks in their armor my question is is there anybody else that has the ability to dethrone them justin a burton says emerald buddy like i just said the other day did you see

The increase on the jv sales huge increase huge increase massive but do you see the growth in true leaf do you see how fast true leaf is growing recently highlands and developments reporting total current cultivation capacity of approximately 1.6 million square feet which includes large-scale greenhouses previously reported and experimental which were added as a

Cost-effective and highly efficient alternative to expand oil biomass capacity commence trading on the otcqx best market under the symbol t cnnf i want to see truly go to the senior exchange we need to see true leave on the nasdaq or the new york stock exchange extension a voluntary lockup agreement with company founders of 65 million or approximately 59 percent

Of shares outstanding on a converted basis until july 2020 with 11 million 200,000 or approximately 10% of shares outstanding on a converted basis becoming unlocked in january 2020 close sale-leaseback transaction with innovative industrial properties i love.i ipr so they’re obviously working with i ipr another giant to provide capital to holyoke ma cultivation and

Processing site appointed peter t healy to board of directors our financial this is true leaves financials are strong financial results for the quarter combined with our operational and foundational evolution illustrates that true leave is not just a cannabis company but an organization that possesses the key fundamental is expected of leading companies across all

Industries said kim rivers ceo of true leave by continuing to focus on operational efficiencies maintaining sound financial discipline and leveraging our strong brand awareness and patient loyalty within current markets and in future expansion initiatives we expect our efforts to translate to new strong results throughout the remainder of 2019 their numbers have

Just grown total revenue fifty-seven point nine million gross margin of thirty seven point six million gross margin percentage of 65 percent operating expenses of fourteen point eight million they’re running a lean mean machine here a truly operating expense is only 26 percent so adjusted ebit ax of 31 point six million this is a profitable company folks this is