Needham analyst Matt McGinley maintained a Buy rating on Trulieve Cannabis (OTC:TCNNF) on Tuesday, setting a price target of 36.25, which is approximately 34.52% above the present...
(Bloomberg) -- Cannabis companies rallied in premarket trading on Thursday, reversing a slump the day before, on renewed optimism over the lifting of restrictions on marijuana...
Call it Bounce Back Monday. Because that is what the big names in the cannabis sector on both sides of the Canada-US border did yesterday, gaining across the board. But not all of...
On the surface, it sounds repetitive to say that every company in the cannabis industry is awaiting federal legislation in the US that will legalize marijuana. But that's the only...
Several US-based cannabis companies reported earnings last week. Overall, the figures paint a distinctive picture that put a focus on profitability. The portrait also provides a...
Trulieve Cannabis Corp., together with its subsidiaries, operates as a medical cannabis company. It cultivates and produces products in-house and distributes its products to Trulieve branded stores (dispensaries) in Florida, as well as through home delivery. The company produces flower, edible, vaporizer cartridge, concentrate, topical, capsule, tincture, dissolvable powder, and nasal spray products under the Avenue, Cultivar Collection, Muse, Modern Flower, Alchemy, Momenta, Sweet Talk, Co2lors, Loveli, and Roll One brands. As of March 16, 2022, it operated 162 dispensaries, which included 113 dispensaries in Florida, 19 affiliated dispensaries in Pennsylvania, 17 dispensaries in Arizona, five dispensaries in California, three dispensaries in Maryland, two dispensaries in Massachusetts, two dispensaries in West Virginia, and one dispensary in Connecticut. Trulieve Cannabis Corp. also operated cultivation and processing facilities in Arizona, Colorado, Florida, Maryland, Massachusetts, Nevada, Pennsylvania, and West Virginia. The company was formerly known as Schyan Exploration Inc./Exploration Schyan Inc. and changed its name to Trulieve Cannabis Corp. in September 2018. Trulieve Cannabis Corp. was incorporated in 1940 and is headquartered in Quincy, Florida.
|Average||46.9890 (+300.59% Upside)|
|No. of Analysts||16|