$TRLV
Trulieve Cannabis Corp.
CIK:0001754195|SEC Filings
CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($) $ in Thousands |
Jun. 30, 2026 |
Dec. 31, 2025 |
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|---|---|---|---|---|
| Current Assets: | ||||
| Cash and cash equivalents | [1] | $ 325,420 | $ 255,535 | |
| Accounts receivable, net | 3,938 | 10,497 | ||
| Inventories | 186,872 | 242,298 | ||
| Income tax receivable | 152 | 8,458 | ||
| Notes receivable - current portion, net | 75 | 1,245 | ||
| Prepaid expenses | 20,732 | 18,325 | ||
| Other current assets | 4,699 | 25,498 | ||
| Management services agreement receivable, related party | $ 22,945 | 0 | ||
| Other Receivable, after Allowance for Credit Loss, Current, Related Party [Extensible Enumeration] | Related Party | |||
| Assets associated with discontinued operations | $ 0 | 859 | ||
| Total current assets | 564,833 | 562,715 | ||
| Property and equipment, net | 583,987 | 670,441 | ||
| Right of use assets - operating, net | 86,086 | 108,294 | ||
| Right of use assets - finance, net | 54,806 | 60,000 | ||
| Intangible assets, net | 300,443 | 798,365 | ||
| Goodwill | 325,624 | 483,905 | ||
| Notes receivable, net | 450 | 450 | ||
| Investment in Harvest | 152,503 | 0 | ||
| Other assets | 8,703 | 10,021 | ||
| Long-term assets associated with discontinued operations | 0 | 1,907 | ||
| TOTAL ASSETS | 2,077,435 | 2,696,098 | ||
| Current Liabilities: | ||||
| Accounts payable and accrued liabilities | 61,495 | 82,658 | ||
| Deferred revenue | 7,024 | 9,593 | ||
| Notes payable - current portion | 4,182 | 4,077 | ||
| Operating lease liabilities - current portion | 11,288 | 13,029 | ||
| Finance lease liabilities - current portion | 10,147 | 10,703 | ||
| Construction finance liabilities - current portion | 623 | 2,429 | ||
| Contingencies | 300 | 780 | ||
| Liabilities associated with discontinued operations | 0 | 3,676 | ||
| Total current liabilities | 95,059 | 126,945 | ||
| Long-Term Liabilities: | ||||
| Notes payable, net | 89,389 | 90,839 | ||
| Private placement notes, net | 195,820 | 136,741 | ||
| Operating lease liabilities | 85,776 | 107,884 | ||
| Finance lease liabilities | 59,831 | 64,140 | ||
| Construction finance liabilities | 120,206 | 133,781 | ||
| Deferred tax liabilities | 57,249 | 177,993 | ||
| Uncertain tax position liabilities | 598,187 | 668,375 | ||
| Other long-term liabilities | 10,010 | 11,449 | ||
| Long-term liabilities associated with discontinued operations | 0 | 34,942 | ||
| TOTAL LIABILITIES | 1,311,527 | 1,553,089 | ||
| Commitments and contingencies (see Note 3) | ||||
| EQUITY | ||||
| Common shares, no par value; unlimited shares authorized; 192,382,935 and 192,307,145 shares issued and outstanding as of June 30, 2026 and December 31, 2025, respectively. | 0 | 0 | ||
| Additional paid-in-capital | 2,083,157 | 2,073,358 | ||
| Accumulated deficit | (1,315,694) | (912,125) | ||
| Non-controlling interest | (1,555) | (18,224) | ||
| TOTAL EQUITY | 765,908 | 1,143,009 | ||
| TOTAL LIABILITIES AND EQUITY | $ 2,077,435 | $ 2,696,098 | ||
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