The cannabis industry has reached the same fork in the road when it comes to reform. The recent Farm Bill, which allowed for certain hemp products to be produced and sold, is essentially no more. Yet state laws may help to protect the existence of hemp industries. On top of this, there is yet another push calling for the end of cannabis prohibtion. This is causing some flare in the sector on what could happen in the near future.
The growth of the cannabis industry is nothing short of amazing. Marijuana usage of all kinds has been around for many years. But only over the last several years have things begun to expand and evolve. From an investor's standpoint, some went all in and built businesses. Then you have those who invest in fractions of the company for those that are publicly traded. Marijuana stocks offer a shorter route to investing in this sector.
Trulieve Cannabis Corp. (OTCQX:TCNNF) Q3 2025 Earnings Call November 5, 2025 8:30 AM EST Company Participants Christine Hersey - Vice President of Investor Relations Kimberly Rivers - Founder, Chairman & CEO Jan Reese - Chief Financial Officer Conference Call Participants Luke Hannan - Canaccord Genuity Corp., Research Division Russell Stanley - Beacon Securities Limited, Research Division William Kirk - ROTH Capital Partners, LLC, Research Division Brenna Cunnington - ATB Capital Markets Inc., Research Division Aaron Grey - Alliance Global Partners, Research Division Andrew Semple - Ventum Financial Corp., Research Division Presentation Operator Good morning, everyone, and welcome to the Trulieve Cannabis Corporation Third Quarter 2025 Financial Results Conference Call. My name is Danielle, and I will be your conference operator today.
| Specialty Retail Industry | Consumer Discretionary Sector | Ms. Kimberly Rivers CEO | OTCQX Exchange | CA89788C1041 ISIN |
| US Country | 5,400 Employees | - Last Dividend | - Last Split | - IPO Date |
Trulieve Cannabis Corp., headquartered in Quincy, Florida, operates prominently in the cannabis sector. Initially founded in 1940 under the name Schyan Exploration Inc./Exploration Schyan Inc., it underwent a significant rebranding to Trulieve Cannabis Corp. in September 2018. The company's operations are extensive, spanning cultivation, processing, manufacturing, and retailing of cannabis products. It ensures a strong market presence through its dispensaries and offers convenience to its customers via home delivery services. Trulieve has established a robust network of dispensaries across multiple states including Florida, Arizona, Georgia, Ohio, Maryland, West Virginia, Connecticut, and Pennsylvania. Additionally, it manages cultivation and processing facilities in several of these states, ensuring quality control and supply chain efficiency. The company's evolution from its original incarnation to a leader in the cannabis industry signifies its adaptability and commitment to growth in the dynamic market of cannabis products.
Trulieve Cannabis Corp. offers a diverse range of cannabis products and services, catering to various customer preferences and needs:
These products are marketed under various brands, including Avenue, Cultivar Collection, Muse, Modern Flower, Alchemy, Momenta, Sweet Talk, Co2lors, Loveli, Trekkers, and Roll One. Each brand caters to specific segments of the market, emphasizing Trulieve's commitment to diversity and quality in its product offerings.