Trulieve Cannabis Corp
For the period ended Jun 30, 2024. Filed Aug 6, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2024 · Filed Aug 6, 2024
TRLV$11.01-4.8%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Changes in Shareholders’ Equity
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY (UNAUDITED)
| Three Months Ended | |||||||
|---|---|---|---|---|---|---|---|
| Multiple Voting Shares | Subordinate Voting Shares | Total Common Shares | Additional Paid-in-Capital | Accumulated Deficit | Non-Controlling Interest | Total Shareholders' Equity | |
| Balance, March 31, 2024 | 23,226,386 | 164,027,024 | 187,253,410 | $2,054,070 | $(663,718) | $(7,015) | $1,383,337 |
| Share-based compensation | — | — | — | 4,957 | — | — | 4,957 |
| Subordinate Voting Shares issued under share compensation plans | — | 83,477 | 83,477 | 40 | — | — | 40 |
| Tax withholding related to net share settlements of equity awards | — | (12,229) | (12,229) | (94) | — | — | (94) |
| Redeemable non-controlling interest mezzanine equity | — | — | — | — | — | 139 | 139 |
| Adjustment of redeemable non-controlling interest to maximum redemption value | — | — | — | 1,891 | — | — | 1,891 |
| Consolidated VIE settlement transaction | — | — | — | (4,792) | — | (2,444) | (7,236) |
| Net loss | — | — | — | — | (12,028) | 44 | (11,984) |
| Balance, June 30, 2024 | 23,226,386 | 164,098,272 | 187,324,658 | $2,056,072 | $(675,746) | $(9,276) | $1,371,050 |
| Balance, March 31, 2023 | 26,226,386 | 159,761,126 | 185,987,512 | $2,049,047 | $(177,967) | $(5,013) | $1,866,067 |
| Share-based compensation | — | — | — | 475 | — | — | 475 |
| Termination of purchase of variable interest entity | — | — | — | (1,643) | — | — | (1,643) |
| Deconsolidation and divestment of variable interest entities | — | — | — | — | — | 3,986 | 3,986 |
| Net loss | — | — | — | — | (403,849) | (3,023) | (406,872) |
| Balance, June 30, 2023 | 26,226,386 | 159,761,126 | 185,987,512 | $2,047,879 | $(581,816) | $(4,050) | $1,462,013 |
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY (UNAUDITED)
| Six Months Ended | |||||||
|---|---|---|---|---|---|---|---|
| Multiple Voting Shares | Subordinate Voting Shares | Total Common Shares | Additional Paid-in-Capital | Accumulated Deficit | Non-Controlling Interest | Total Shareholders' Equity | |
| Balance, December 31, 2023 | 26,226,386 | 160,009,432 | 186,235,818 | $2,055,112 | $(640,639) | $(5,860) | $1,408,613 |
| Share-based compensation | — | — | — | 10,110 | — | — | 10,110 |
| Subordinate Voting Shares issued under share compensation plans | — | 126,139 | 126,139 | 210 | — | — | 210 |
| Tax withholding related to net share settlements of equity awards | — | (12,229) | (12,229) | (94) | — | — | (94) |
| Distributions to subsidiary non-controlling interest | — | — | — | — | — | (1,081) | (1,081) |
| Conversion of Multiple Voting to Subordinate Voting Shares | (3,000,000) | 3,000,000 | — | — | — | — | — |
| Redeemable non-controlling interest mezzanine equity | — | — | — | — | — | 1,504 | 1,504 |
| Adjustment of redeemable non-controlling interest to maximum redemption value | — | — | — | (6,945) | — | — | (6,945) |
| Subordinate Voting Shares issued pursuant to redemption of non-controlling interest | — | 974,930 | 974,930 | 2,471 | — | — | 2,471 |
| Consolidated VIE settlement transaction | — | — | — | (4,792) | — | (2,444) | (7,236) |
| Net loss | — | — | — | — | (35,107) | (1,395) | (36,502) |
| Balance, June 30, 2024 | 23,226,386 | 164,098,272 | 187,324,658 | $2,056,072 | $(675,746) | $(9,276) | $1,371,050 |
| Balance, December 31, 2022 | 26,226,386 | 159,761,126 | 185,987,512 | $2,045,003 | $(113,843) | $(3,456) | $1,927,704 |
| Share-based compensation | — | — | — | 2,876 | — | — | 2,876 |
| Termination of purchase of variable interest entity | — | — | — | (1,643) | — | — | (1,643) |
| Deconsolidation and divestment of variable interest entities | — | — | — | — | — | 3,986 | 3,986 |
| Distributions to subsidiary non-controlling interest | — | — | — | — | — | (50) | (50) |
| Value of shares earned for purchase of variable interest entity | — | — | — | 1,643 | — | — | 1,643 |
| Net loss | — | — | — | — | (467,973) | (4,530) | (472,503) |
| Balance, June 30, 2023 | 26,226,386 | 159,761,126 | 185,987,512 | $2,047,879 | $(581,816) | $(4,050) | $1,462,013 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.