TCNNF Trulieve Cannabis Corp. - 8-K - (2025-11-05)

Trulieve Cannabis Corp. filed a Form 8-K on November 5, 2025, primarily to disclose Q3 2025 operational results and provide a corporate update.

Q3 2025 Financial Performance: Revenue was \(288 million (1% YoY growth), with a GAAP Gross Margin of 59% (down from 61% previously). Adjusted EBITDA was strong at \)103 million (36% margin), marking a 7% YoY increase. The company reported a GAAP Net Loss of \(27 million, though management noted that without the impact of Section 280E tax challenges, Q3 net income would have been positive. Free Cash Flow for the quarter was \)64 million.

**Balance Sh

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