Investors Embrace Trulieve Results

Trulieve’s YOY revenue grew by 108.5% in Q2 2020 and 25.7% sequentially over Q1 2020.

Same-store sales grew by 30% YOY.

The average Trulieve customer spends $350 per month.

Trulieve has 344,293 customers in its database, and it has a 76% retention rate.

Trulieve raised its forecast revenue to $465-$485 million from $380-$400 million, and its adjusted EBITDA to $205-$225 million for fiscal 2020 from $140-$160 million.

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