Join Trulieve's CEO For Insights On Q3 Financial Performance: Here's When Earnings Call Will Take Place

Benzinga · 10/14 17:51

Trulieve Cannabis Corp. (CSE:TRUL) (OTCQX:TCNNF) will hold a conference call on Tuesday, Nov. 5, 2024, at 8:30 am Eastern Time following the release of its third quarter 2024 financial results.

The Florida-based medical cannabis giant said founder and CEO Kim Rivers and CFO Wes Getman will participate in the call to review the company’s financial and operating results. 

In August, Trulieve reported a 2% quarter-over-quarter and 8% year-over-year increase to $303 million in the second quarter, with 95% of the sum coming from retail sales, driven by higher retail traffic and increased wholesale revenue.

  • Get Benzinga's exclusive analysis and the top news about the cannabis industry and markets daily in your inbox for free. Subscribe to our newsletter here. If you're serious about the business, you can't afford to miss out.

Earlier this month the company entered into a partnership with Black Buddha Cannabis. The collaboration will debut products from women-owned medical marijuana brands to Trulieve dispensaries in Arizona and Pennsylvania starting this fall.

Meanwhile, Trulieve has fueled Smart & Safe Florida's push to legalize recreational cannabis in the Sunshine State with at least $55 million in donations. Amendment 3 will be voted on Nov. 5.

Read Also: Trulieve Sues Florida GOP For Defamation Over ‘False And Misleading’ Claims As Cannabis Legalization Vote Looms

One of the company’s latest moves in that direction was filing a defamation lawsuit accusing the Florida Republican Party of intentionally misleading voters with a deceptive TV campaign ad against the cannabis legalization initiative.

Amendment 3 has drawn $68 million in ad spending, which is more than any other political cause on the Florida ballot. 

Read Next:

TCNNF Price Action

Trulieve's shares traded 2.14% higher at $11.95 per share at the time of writing on Monday.