Trulieve Cannabis Corp.

For the period ended Mar 31, 2026. Filed May 7, 2026.

About this filing

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.

Mar 31, 2026 · Filed May 7, 2026

TRLV$11.01-4.8%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Contents

Condensed Consolidated Balance Sheets

CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED)

(in thousands, except for share data)

	March 31,2026	December 31,2025
ASSETS
Current Assets:
Cash and cash equivalents	$352,880	$255,535
Accounts receivable, net	14,050	10,497
Inventories	242,320	242,298
Income tax receivable	6,751	8,458
Notes receivable - current portion, net	1,327	1,245
Prepaid expenses	21,120	18,325
Other current assets	13,671	25,498
Assets associated with discontinued operations	839	859
Total current assets	652,958	562,715
Property and equipment, net	676,944	670,441
Right of use assets - operating, net	104,677	108,294
Right of use assets - finance, net	70,352	60,000
Intangible assets, net	780,750	798,365
Goodwill	483,905	483,905
Notes receivable, net	450	450
Other assets	10,004	10,021
Long-term assets associated with discontinued operations	1,907	1,907
TOTAL ASSETS	$2,781,947	$2,696,098
LIABILITIES
Current Liabilities:
Accounts payable and accrued liabilities	$78,933	$82,658
Deferred revenue	9,954	9,593
Notes payable - current portion	4,148	4,077
Operating lease liabilities - current portion	13,094	13,029
Finance lease liabilities - current portion	11,363	10,703
Construction finance liabilities - current portion	2,566	2,429
Contingencies	300	780
Liabilities associated with discontinued operations	3,802	3,676
Total current liabilities	124,160	126,945
Long-Term Liabilities:
Notes payable, net	90,104	90,839
Private placement notes, net	195,638	136,741
Operating lease liabilities	104,141	107,884
Finance lease liabilities	74,426	64,140
Construction finance liabilities	133,215	133,781
Deferred tax liabilities	169,779	177,993
Uncertain tax position liabilities	696,391	668,375
Other long-term liabilities	10,823	11,449
Long-term liabilities associated with discontinued operations	33,941	34,942
TOTAL LIABILITIES	$1,632,618	$1,553,089
Commitments and contingencies (see Note 3)
EQUITY
Common stock, no par value; unlimited shares authorized; 192,307,145 and 192,307,145 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively.	$—	$—
Additional paid-in-capital	2,077,495	2,073,358
Accumulated deficit	(909,719)	(912,125)
Non-controlling interest	(18,447)	(18,224)
TOTAL EQUITY	1,149,329	1,143,009
TOTAL LIABILITIES AND EQUITY	$2,781,947	$2,696,098

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.