: Trulieve posts narrower-than-expected first-quarter loss as revenue falls slightly short of estimates


Trulieve Cannabis Corp. TCNNF CA:TRUL said Wednesday it had a net loss of $64 million, o 34 cents a share, in the first quarter, wider than the loss of $32 million, or 16 cents a share, posted in the year-earlier period. Excluding one-time items, the Tallahassee, Fla.-based company had an adjusted loss of 11 cents a share, narrower than the FactSet consensus for a loss of 16 cents a share. revenue fell 9% to $289 million, just below the $293 million FactSet consensus. The company said it opened three new dispensaries in the quarter in Palatka and Winter Haven, Florida and Beckley, West Virginia, and launched adult-use…

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