About Trulieve
Trulieve is a publicly listed company based in Tallahassee (United States) founded in 2016. Provider of an online marketplace platform for cannabis products. It operates in the Healthcare and Consumer sectors. Trulieve has raised $487.89 million across 2 funding rounds. The company has 6,000 employees. Trulieve has completed 7 acquisitions, including Greenhouse Wellness, Harvest Health & Recreation and Leef Industries. Its chief executive, as recorded, is Kim Rivers. Its website trulieve.com draws about 2.1 million monthly visits. Trulieve offers products and services including Flower, Concentrates, Vapes, and Edibles. Its focus areas include HealthTech, Cannabis HealthTech, Cannabis Farming and Ecommerce. Its competitors include LeafLink, Canndescent and Confident Cannabis; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Tallahassee, United States
- Employees 6,000
- Stage Public
- SectorsHealthcareConsumer
- Website category Health · Addictions
- Email••••••••
- Phone•••• ••••
- Website trulieve.com
- Social LinkedIn X Facebook Instagram
- Legal Name Trulieve Cannabis Corp.
- Annual Revenue$1.13 B (USD)6.65as on Dec 31, 2024
- Net Profit-$147.68 M (USD)70.11as on Dec 31, 2024
- EBITDA$250.58 M (USD)2.94as on Dec 31, 2024
- Total Equity Funding$487.89M (USD)
in 2 rounds
- Latest Funding Round$87.46M (USD), Post-IPO
Sep 2020
- Employee Count6,000
- Investments & AcquisitionsGreenhouse Wellness
& 6 more
Products & Services of Trulieve
Trulieve offers a comprehensive portfolio of products and services, including Flower, Concentrates, Vapes, and Edibles.
Strains of cannabis flower for medical relief and use.
Extracts like kief and shatter for potent effects.
Vaporizers and cartridges for inhalation methods.
Food items infused with cannabis for consumption.
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.
- Total Funding $487.89M
- Total Rounds 2
- Last Round Post-IPO — $87.46M
- First Round $487.89M
(Sep 2018)
All 2 funding rounds of Trulieve with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2020 | $87.46M | Post-IPO | – | – | – |
| Sep 2018 | $487.89M | Series D | – | – | – |
People of Trulieve
218 people are tracked at Trulieve (76 in leadership, 6 in board & advisors, 136 in team); the tracked headcount is 6,000.
| Name | Role | Group |
|---|---|---|
Kim Rivers | CEO | Leadership |
Kyle Landrum | Chief Production Officer | Leadership |
Tim Morey | Chief Sales Officer | Leadership |
Chris Kelley | Director of Wholesale | Leadership |
Sandra Jimenez | Regional Compliance Director | Leadership |
Brian Kannheiser | Sr Director Data Platform Engineering | Leadership |
Marie Zhang | COO | Leadership |
Abiola Odunsi | Director Of IT | Leadership |
Matt Dokman | Senior Director Of Information Security | Leadership |
Evandro Dessani | Senior Director Of Data Analytics And Products | Leadership |
Preston Davis | Executive Director Of Marketing | Leadership |
Konya Lindsey | Executive Marketing Director, SW Region | Leadership |
Tim Ramsey | National Director Of Engineering | Leadership |
Arianna Diaz | Director Of Digital Marketing | Leadership |
Amy Fuggiti | Director Of Marketing Compliance | Leadership |
Iram Cesani | Executive Director Of Digital Marketing | Leadership |
Eric Ortiz | Director Of Marketing - Florida | Leadership |
Meridith Klein Cia | Executive Director Of Finance | Leadership |
Kerri Whitfield | Director Of Brand Marketing | Leadership |
Justin Hilliard | Executive Director Finance | Leadership |
198 more people are available in the full profile.
Complete people profiles for Trulieve
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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.
- IPO date07 Feb 2022
- Listed onCSE: TRUL.NT.U
- Listed entityTrulieve Cannabis Corp.
- Exchange sectorProcess industries
- ISINCA89788C1041
- Share price11.94 CAD (-5.61% on the day) · 2026-05-11
- Market capitalisation2,286,356,500.00 CAD
- EPS (diluted, trailing year)-0.59 CAD
- Volume (last session)497,012
- Analyst consensusStrong buy
Financials of Trulieve
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2024 | 1.63B CAD | -212.5M CAD | 360.5M CAD |
| 2023 | 1.52B CAD | -711.0M CAD | 350.2M CAD |
| 2022 | 1.59B CAD | -320.3M CAD | 376.6M CAD |
| 2021 | 1.18B CAD | 22.6M CAD | 355.0M CAD |
| 2020 | 699.5M CAD | 84.5M CAD | 333.4M CAD |
Detailed financial statements for Trulieve
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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.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Medical marijuana is dispensed to patients by Greenhouse Wellness. | greenhousewellness.com | Ellicott, United States | 2017 | Apr 2022 | •••• | |
Cannabis product dispensary services are supplied to customers. | purple-med.com | Tucson, United States | 2017 | Dec 2021 | •••• | |
Medical and recreational cannabis products are produced and distributed. | harvesthoc.com | 2007 | May 2021 | $2.1B | ||
Manufacturer of cannabis wellness products | solevowellness.com | Pittsburgh, United States | 2017 | Sep 2020 | •••• | |
Health-related cannabis products are manufactured by PurePenn. | purepenn.com | Mckeesport, United States | 2015 | Sep 2020 | •••• | |
Brand of cannabis medical products | leefindustries.com | Palm Springs, United States | 2017 | Nov 2018 | •••• | |
Yoga and meditation classes are offered at a standalone center. | lifeessence.com.au | Beenleigh, Australia | 0 | Nov 2018 | •••• |
Complete acquisition details for Trulieve
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Timeline of Trulieve
11 dated milestones of Trulieve across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Trulieve is founded.
- Funding First funding round of $487.9M.
- Acquisition Acquires Leef Industries.
- Acquisition Acquires Life Essence.
- Acquisition Acquires PurePenn.
- Acquisition Acquires Solevo Wellness.
- Funding Latest funding round, Post-IPO, of $87.5M.
- Acquisition Acquires Harvest Health & Recreation.
- Acquisition Acquires PurpleMed.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires Greenhouse Wellness.
Competitors of Trulieve
Trulieve has 3 listed competitors in our database, 3 of them funded. They include LeafLink, Canndescent and Confident Cannabis.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| leaflink.com | 2015 | New York, United States | $195.4M | Online marketplace platform for cannabis traders | ||
| canndescent.com | 2015 | Santa Barbara, United States | $57M | Integrated business for cultivation and processing of cannabis | ||
| confidentcannabis.com | 2014 | Palo Alto, United States | $15.12M | Online platform for cannabis producers |
Detailed competitors of Trulieve
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Web traffic of Trulieve
The website of Trulieve (trulieve.com) receives about 2.1M visits a month and ranks #18,853 among all websites worldwide, #397 in Addictions.
- Monthly visits2.1M
▼ 10.4% vs previous month
- Unique visitors490.5K
per month
- Global rank#18,853
among all websites
- Category rank#397
Health · Addictions
- Bounce rate30%
- Pages per visit6.4
- Average visit5 min 41 sec
- DevicesDesktop 20% · Mobile 80%
Websites whose visitors overlap most with Trulieve. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| curaleaf.com | 100% | 2.1M | #20,026 | View details | |
| getfluent.com | 90% | 413.6K | #81,099 | View details | |
zenleafdispensaries.com | zenleafdispensaries.com | 84% | #35,064 | – | |
| risecannabis.com | 74% | #27,863 | View details | ||
beyond-hello.com | beyond-hello.com | 74% | #75,776 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Trulieve
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Top companies in Cannabis Health Tech Ecosystem
3 companies that operate in the same segment as Trulieve (Cannabis Health Tech Ecosystem) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online marketplace platform for cannabis traders | 2015 | New York, New York, United States | USD 195.4 M | |||
Loyalty and marketing solutions for cannabis dispensaries are provided. | 2012 | West Palm Beach, Florida, United States | USD 25.79 M | USD 22.83 M | ||
An online marketplace for cannabis products is operated. | 2017 | Bend, Oregon, United States | USD 603 M | 469 |
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Related news about 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 CEO of Trulieve, as recorded in our data.
Trulieve is a funded company, having raised a total of $487.89M across 2 funding rounds to date. The company's 1st funding round was a Series D of $487.89M, raised on Sep 2018.
Trulieve has 6,000 employees.
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 Canndescent.
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 website of Trulieve receives about 2.1 million visits a month and ranks #18,853 among all websites worldwide.