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home / news releases / TCNNF - Holders Of Trulieve Should Sell It

TCNNF - Holders Of Trulieve Should Sell It

Trulieve Cannabis Corp

2024-03-24 07:21:26 ET

Summary

  • Trulieve's stock has rallied over 127% in 2024 due to the potential rescheduling of cannabis and the potential legalization of adult-use in Florida.
  • Trulieve's financial performance in 2023 was challenging, with total revenue falling 7% and adjusted EBITDA plunging 19%.
  • Analysts have improved their outlook for Trulieve, but the projections are still below the 2022 level, and the company's valuation is no longer cheap.

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For further details see:

Holders Of Trulieve Should Sell It
Stock Information
Company Name: Trulieve Cannabis Corp
Stock Symbol: TCNNF
Market: OTC
Website: trulieve.com
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