Trulieve Q3 Earnings: Amendment 3 Fails
Trulieve (CSE: TRUL) has reported its third quarter earnings results.
And while the stock may have been down by 8% as of the end of day, we’re not sure it matters. At the time of recording, its November 5, 2024. Which means election day in the United States. More importantly for Trulieve, its ballot voting day in Florida. For Trulieve, that meant they were patiently waiting to see if the $144 million they had spent on Amendment 3, which would bring recreational legalization to Florida, was all for naught.
And unfortunately for Trulieve, today was not a good day. Amendment 3 failed to pass in Florida, meaning that all $144 million basically went up in smoke.
But for now, what matters to us is the third quarter results.
So lets dive in!
Information for this briefing was found via Sedar and the companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.
As the founder of The Deep Dive, Jay is focused on all aspects of the firm. This includes operations, as well as acting as the primary writer for The Deep Dive’s stock analysis. In addition to The Deep Dive, Jay performs freelance writing for a number of firms and has been published on Stockhouse.com and CannaInvestor Magazine among others.
