Florida-based Trulieve Cannabis Corp. reported revenue for the first quarter of $44.5 million, nearly triple the $15.2 million the company recorded a year ago.
Profit for the vertically integrated medical marijuana firm more than doubled to $14.7 million, compared with $6.9 million in the first quarter of 2018, continuing Trulieve’s trend of not only growing sales but doing so profitably.
Trulieve had 27 stores operational at the end of the quarter, compared with 13 a year ago.
To read more about Trulieve’s latest results, click here.
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