Trulieve Cannabis Just Raised a Ton of Money and Is Ready to Rock

Billy Duberstein, The Motley Fool
·6 min read
Trulieve Cannabis Just Raised a Ton of Money and Is Ready to Rock

U.S. cannabis multistate operator Trulieve Cannabis (OTC: TCNNF) has firmly established itself as the most profitable cannabis operator in the country, thanks to its dominant market share in Florida. Last year, Trulieve grew revenues 106%, while making fat gross margins of 74% and adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) margins just over 48%.