(Note: May/June revenue doesn't include flower sales, because Florida wasn't reporting flower sales yet.)
Summary
Trulieve (OTCPK:TCNNF) had a great quarter. They beat analysts' revenue expectations, earned the most revenue in U.S. cannabis, earned great gross margins, had terrific EBITDA margins, and generated positive operating cash flow. Trulieve continued to expand their store count, made progress in their expansion efforts in Massachusetts and Connecticut, maintained a commanding market share in Florida, and more-than-doubled their cultivation footprint.
The stock market has not appreciated these results thus far, but Trulieve had a tremendous quarter. After