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3 Things to Watch For When Trulieve Releases Its Q2 Earnings This Week


It's a big week for the cannabis industry as some of the major players report their earnings over the coming days. Trulieve Cannabis (OTC: TCNNF) will release its second-quarter results on Aug. 12 before the markets open. Year to date, the pot stock is up just a modest 5% while the S&P 500 has risen more than 18%.

For Trulieve's shares to rally, the company is going to need to have another strong period that shows more than just year-over-year sales growth. Here are three things in particular that investors should watch for when the cannabis producer reports its earnings. These factors could dictate which direction the pot stock takes afterward.

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Source Fool.com

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