2018 Investor Presentation

Investors

 

Overview

Trulieve is the first and leading medical cannabis company in the state of Florida, the third most populous state in the United States. Its vertically-integrated "seed-to-sale" operation has approximately 51% of the Florida market. Trulieve boasts over 501+ SKUs and is constantly adding new, fresh, and exciting items to its product line. Its widespread dispensary network and large delivery fleet provides important, much-needed access to thousands of patients every day throughout the state. Trulieve is committed to growing its dispensary footprint in the state, constantly identifying new locations that will bring Trulieve closer to patients, allowing many more people to have easier access to the medicine they need. The Company has 66 stores in Florida, and 71 nationwide, with more growth ahead. Its first mover advantage in the state provides numerous benefits, including brand recognition and media attention. Strong financial performance, driven by sales to a loyal and dedicated group of patients affectionately called Trulievers, positions the company's commitment to continue its pattern of growth.

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Finally, Trulieve is actively expanding outside the state of Florida with purchases of licenses in California, Massachusetts, and a dispensary in Connecticut in 2019. The Company accelerated its presence as a Multi-State Operator in 2020 with the purchase of two Pennsylvania companies including a premier cultivation and production company, as well as three dispensaries. Trulieve also announced that it has been awarded a processor permit in West Virginia, giving a presence in six states and continuing its national expansion strategy in 2020.

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