This Cannabis MSO Stock Is Attractively Valued & Well Positioned To Capitalize On Market Opportunities, Analyst Explains Why

Trulieve Cannabis Corp. (OTCQX: TCNNF) (CSE:TRUL) reported its financial results for the first quarter on Thursday.

Kim Rivers, Trulieve's CEO, said that the Tallahassee, Florida-based company is "off to a great start in 2022."

The company delivered yet another record quarter, generating $318.3 million in revenue for the period.

"In 2022, we expect our strong balance sheet, access to capital, and financial discipline will uniquely position us to capitalize on market opportunities created by the macroeconomic factors impacting our industry," Rivers said.

The Analyst

Cantor Fitzgerald's Pablo Zuanic maintained an Overweight rating on the company's stock while lowering its price target to $57 from $59 on slightly reduced EBITDA estimates.

The Thesis

Zuanic said in his recent …

Full story available on Benzinga.com

More This Cannabis MSO Stock Is Attractively Valued & Well Positioned To Capitalize On Market Opportunities, Analyst Explains Why