According to a news release issued Friday morning, Trulieve reported revenues of $215.1 million in the second quarter of 2021 and net income of $40.9 million, while Harvest reported revenues of $102 million.
Similarly How much Trulieve stock does Kim Rivers own? Trulieve Cannabis: Insider Buying
Our insider transaction data shows that on 15 June, Trulieve’s CEO Kim Rivers bought 29,000 shares at a price of USD $35.94 per share. This purchase – which cost the insider approximately $1.0 million – increased her holding to 77,920 shares.
What states have Trulieve?
- Connecticut.
- Pennsylvania.
- West Virginia.
- Arizona.
- Maryland.
Additionally, How much did Trulieve make last year?
Revenue increased 80% year-over-year to $938.4 million in 2021. Gross profit of $566.1 million and gross margin of 60.3% in 2021 compared to gross profit of $386.4 million and gross margin of 74.1% in 2020.
Who did Trulieve just buy?
The $2.1 billion acquisition of Harvest Health & Recreation by Florida cannabis behemoth Trulieve Cannabis Corp. has finally been consummated, creating the largest marijuana company in the U.S., with a combined 149 dispensaries and operations in 11 states.
Is Trulieve a buy? The only company superior to Trulieve on some metrics is Verano, on which I recently wrote very positively.
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Best in Class.
| Trulieve | |
| Operating Inc | 300.8 |
| Net Income | 92.6 |
| EPS | 0.76 |
| EBITDA | 342.6 |
• 21 mars 2022
How many shares does Kim Rivers own? Following both transactions, Rivers now owns 81,429 shares of Trulieve.
Is Trulieve a Canadian company? Overview. Trulieve is an industry leading, vertically integrated cannabis company and multi-state operator in the U.S. operating in 11 states, with leading market positions in Arizona, Florida, and Pennsylvania.
How much can you buy from a dispensary at a time Florida?
The state of Florida has set a limit that says patients may not purchase more than 2.5 ounces of smokable marijuana within a given 35-day stretch of time. That’s the maximum a doctor may recommend, but it’s also technically possible a doctor would recommend lower amounts than that, depending on your MMJ evaluation.
What is the strongest concentrate at Trulieve? Shatter is the most potent of all concentrates because it undergoes an additional filtration process to get rid of other naturally occurring fats and waxes.
Does Trulieve grow in Florida?
Trulieve is an industry-leading, vertically-integrated cannabis company and multi-state operator in the U.S. operating in 11 states, with leading market positions in Arizona , Florida , and Pennsylvania .
How much money did Trulieve make in 2020? Gross profit of $153.9 million and gross margin of 68.7% compared to gross profit of $102.2 million and gross margin of 75.0% in the third quarter 2020. Net income of $18.6 million , impacted by $16.4 million of one-time compensation and transaction costs primarily associated with the Harvest acquisition.
How much does Trulieve make annually?
Trulieve Salary FAQs
The average Trulieve salary ranges from approximately $42,129 per year for an Assistant Manager to $62,471 per year for a Manager. The average Trulieve hourly pay ranges from approximately $12 per hour for an Indoor Agricultural Specialist to $17 per hour for a Coordinator.
Did Trulieve out harvest?
In total, Trulieve issued an aggregate of 50,874,175 Trulieve shares in connection with the transaction in exchange for all of the issued and outstanding Harvest Shares. Harvest will be delisted from the Canadian Securities Exchange at the close of trading on October 4.
Did Trulieve buy Harvest? Creating the Largest and Most Profitable U.S. Cannabis Operator.
Did Trulieve buy harvest health? Trulieve finalized its purchase of Harvest Health & Recreation for $2.2 billion, the company announced Friday. That makes the Tallahassee medical marijuana titan the largest legal cannabis company in the nation.
What brands does Trulieve own?
- Brands.
- Cultivar Collection.
- Momenta.
- Muse.
- Sweet Talk.
- Alchemy.
- Avenue.
- Co2lors.
Is Trulieve undervalued? Compared to its peers in the cannabis industry, Trulieve is a steal right now. Its price-to-sales (P/S) ratio is about 3.8, which is significantly lower than the industry’s average of 7.84.
Does Kim Rivers own Trulieve?
Kim Rivers currently serves as Chief Executive Officer of Trulieve Cannabis Corp., a vertically-integrated « seed-to-sale » operation based in Florida.
How much does Kim Rivers make? Compensation breakdown for top multistate operators
| Name and company | Total compensation | Salary |
|---|---|---|
| Kim Rivers, Trulieve | $1,064,989 | $323,958 |
| Steve White, Harvest Health | $1,026,213 | $750,000 |
| Hadley Ford, iAnthus* | $1,006,000 | $1,006,000 |
| Jason Ackerman, TerrAscend* | $862,000 | $333,000 |
• 7 juil. 2021