Trulieve's Q1 Sales More Than Double Ahead of Its Harvest Acquisition
There's an undisputed 800-pound gorilla in the Florida medical cannabis market. Trulieve Cannabis (OTC: TCNNF) absolutely dominates in its home state. But the company is working hard to establish itself as a bona fide multi-state operator. Its planned acquisition of Harvest Health & Recreation (OTC: HRVSF) will be a huge step in achieving that goal.
In the meantime, the U.S. cannabis operator is showing that it can continue to grow in Florida. Trulieve announced its first-quarter results before the market opened on Thursday. Here are the highlights from the company's Q1 update.
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Source Fool.com