Trulieve

Tallahassee, United States Founded: 2016 • Age: 10 yrs
Provider of an online marketplace platform for cannabis products
Annual revenue $1.1B Latest available
Total funding $487.9M 2 rounds
Employees 6000 Tracked headcount
Investors - Known backers
Products 4 Services tracked
Competitors 8 Brand Intelligence

About Trulieve

Trulieve is a company based in Tallahassee (United States) founded in 2016. Trulieve has raised $487.89 million across 2 funding rounds. The company has 6,000 employees as of December 31, 2024. Trulieve has completed 7 acquisitions, including Greenhouse Wellness, Harvest Health & Recreation and Leef Industries. Trulieve offers products and services including Flower, Concentrates, Vapes, and Edibles. Trulieve operates in a competitive market with competitors including LeafLink, Canndescent, Confident Cannabis, Nabis and Leaf Trade, among others.

  • Headquarter Tallahassee, United States
  • Employees 6000 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Healthcare
    Consumer
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Trulieve Cannabis Corp.
Operational Areas
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Consumer → Tobacco, Cannabis & Alternative Products Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $1.13 B (USD)
    6.65
    as on Dec 31, 2024
  • Net Profit
    -$147.68 M (USD)
    70.11
    as on Dec 31, 2024
  • EBITDA
    $250.58 M (USD)
    2.94
    as on Dec 31, 2024
  • Total Equity Funding
    $487.89 M (USD)

    in 2 rounds

  • Latest Funding Round
    $87.46 M (USD), Post-IPO

    Sep 21, 2020

  • Investors
    Not available
  • Employee Count
    6000

    as on Dec 31, 2024

  • Investments & Acquisitions
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IPO & Listings of Trulieve

Trulieve is a publicly listed company on the CSE with ticker symbol TRUL in Canada, operating in the Process industries sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: CSE · Ticker: TRUL · Sector: Process industries · Canada

Products & Services of Trulieve

Trulieve offers a comprehensive portfolio of products and services, including Flower, Concentrates, Vapes, and Edibles.

Product name locked
Category locked
Primary

Strains of cannabis flower for medical relief and use.

Product name locked
Category locked
Locked

Extracts like kief and shatter for potent effects.

Product name locked
Category locked
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Vaporizers and cartridges for inhalation methods.

Product name locked
Category locked
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Food items infused with cannabis for consumption.

People of Trulieve

Headcount 5000-10000
Employee Profiles 212
Board Members and Advisors 6
Employee Profiles
People
Emily Sigan
Retail L&d Facilitator
People
Jason Pernell
CIO
People
Kyle Landrum
Chief Production Officer
People
Ross Moceri
Data Engineering Manager

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Board Members and Advisors
people
Richard May
Director
people
Thad Beshears
Director
people
Peter T. Healy
Director
people
Thomas Millner
Director

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Funding Insights of Trulieve

Trulieve has successfully raised a total of $487.89M across 2 strategic funding rounds. The most recent funding activity was a Post-IPO round of $87.46 million completed in September 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investments & Acquisitions by Trulieve

Trulieve has strategically engaged in corporate development activities, having acquired 7 companies. Notable acquisitions include Greenhouse Wellness, Harvest Health & Recreation and Leef Industries.

Investments
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Investment portfolio details for Trulieve

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Medical marijuana is dispensed to patients by Greenhouse Wellness.
Locked Locked 2017 Locked
Brand of cannabis medical products
Locked Locked 2017 Locked
Cannabis product dispensary services are supplied to customers.
Locked Locked 2017 Locked
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Complete acquisition details for Trulieve

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Financial Statements - Trulieve

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Detailed financials for Trulieve

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Trulieve Comparisons

Trulieve Primary company
Description
Provider of an online marketplace platform for cannabis prod...
Location
Tallahassee, United States
Founded Year
2016
Annual Revenue
$1.13 B (USD)
Net Profit
-$147.68 M (USD)
EBITDA
$250.58 M (USD)
Employees
6,000
As of 2024
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Peer comparison for Trulieve

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Competitors of Trulieve

Trulieve operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as LeafLink, Canndescent, Confident Cannabis, Nabis and Leaf Trade, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Online marketplace platform for cannabis traders
Locked Locked Locked
Integrated business for cultivation and processing of cannabis
Locked Locked Locked
Online platform for cannabis producers
Locked Locked Locked
Cannabis products are distributed online to B2B retailers by Nabis.
Locked Locked Locked
Online marketplace connecting licensed cannabis vendors and dispensaries
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Detailed competitors of Trulieve

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Latest news on Trulieve

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Complete news archive for Trulieve

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Frequently Asked Questions about Trulieve

Trulieve was founded in 2016 and raised its 1st funding round 2 years after it was founded.

Trulieve is headquartered in Tallahassee, United States. It is registered at Tallahassee, Florida, United States.

Kim Rivers is the current CEO of Trulieve.

Trulieve is a funded company, having raised a total of $487.89M across 2 funding rounds to date.

As of Dec 31, 2024, the latest employee count at Trulieve is 6,000.

Annual revenue of Trulieve is $1.13B as on Dec 31, 2024.

Trulieve was founded in 2016 in Tallahassee, United States, within the medical cannabis sector. Cannabis plant varieties are cultivated by the company, and licensed medical products are delivered to patients and professionals. An application platform is maintained to enable searches for nearby dispensaries and orders of items including CBD-infused rolls, flowers, vapes, and related goods. Secure payment transactions are processed directly through the portal, supporting operations across the region.

Trulieve's top competitors include LeafLink, Confident Cannabis and Leaf Trade.

Trulieve offers Flower, Concentrates, Vapes, and Edibles.

Yes, Trulieve is publicly traded on CSE under the ticker symbol TRUL.

Trulieve has made 7 acquisitions, including Greenhouse Wellness, Harvest Health & Recreation, and Leef Industries.

The ticker symbol of Trulieve is TRUL on CSE.

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