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Trulieve Cannabis's Competitiveness

A competitive positioning analysis and financial ratio benchmarking of Trulieve Cannabis (TCNNF) against its publicly traded competitors: sales growth, net income, profitability, valuation and market share, plus each peer's market capitalization, revenue, income and employees. Free below: the top 5 peers. Subscriber access adds the full competitor list and CSV downloads.

Peer Data As of Q2 2026
Competitors Tracked
-
Publicly traded peers
Peer Group Market Share
100.00 %
vs 100.00 % a year ago
Revenue Growth Y/Y
-10.31 %
Q2 2026
Net Margin
-149.86 %
Q2 2026

Key Findings: Trulieve Cannabis vs Its Competitors

  • TTM: Trailing 12-month revenue of 1,139M vs -M combined for tracked competitors (100.0% combined share).
  • Trending: Latest-quarter revenue run-rate is decelerating (-4.8% annualized vs trailing 12 months).
  • Peer revenue share: Trulieve Cannabis accounted for 100.0% of combined revenue among its tracked peer group, up from 100.0% a year earlier.

Every figure above is sourced and cited in detail further down this page (Market Structure, Profitability & Cost Structure, Productivity vs Peers).

TCNNF Sales vs. its Competitors, Q2 2026

Trulieve Cannabis generated 100.00 % of the combined sales of its peer group, up from 100.00 % a year earlier.

API endpoints for this dataset
https://api.csimarket.com/api/v1/companies/TCNNF/competitors
https://api.csimarket.com/api/v1/companies/TCNNF/relationships
https://api.csimarket.com/api/v1/companies/TCNNF/similar
Programmatic access for models, analytics, and integration workflows.

For context: the Legal Cannabis industry grew revenue 34.7% year over year, combined, vs -10.3% for Trulieve Cannabis. Trulieve Cannabis's share of combined industry revenue moved from 12.63% to 8.41%, a loss of 4.22 percentage points.

Trulieve Cannabis's Competitor Quality Breadth

Share of each group, trailing 12 months: profitable (net margin > 0), expanding (revenue growth > 0), growing faster than the industry's own median, and financially distressed (Piotroski F-Score of 2 or below).

Entity Profitable Expanding Above Industry Growth Distressed
Trulieve Cannabis Corp. No No No -
High-Confidence Competitors (1) 0% 0% 0% -
Similar Growth & Profitability (8) 0.00 % (0 of 8) 62.50 % (5 of 8) 50.00 % (4 of 8) 28.60 % (2 of 7)

Source: CSIMarket API, trailing 12 months. Altman Z-Score is not shown here: it is not populated in the underlying data for any company. Percentages are of companies in each group that report the relevant metric, not of the full group size.

Market Share of the Peer Group, Q2 2026

100%market share
  • Trulieve Cannabis100.0%
  • Competitors combined0.0%

Share of combined quarterly revenue of Trulieve Cannabis and its 0 tracked competitors.

See Trulieve Cannabis's full market share breakdown »

TCNNF Stock Performance relative to its Competitors

TCNNF Competitors (weighted) Percent change over the selected range

TCNNF Stock Performance relative to High-Confidence Competitors

TCNNF High-Confidence Competitors (equal-weighted, 1) Percent change over the selected range

TCNNF Stock Performance relative to Similar Growth & Profitability Competitors

TCNNF Similar Growth & Profitability Competitors (equal-weighted, 8) Percent change over the selected range

Trulieve Cannabis's Comment on Competition and Industry Peers

The company operates in competitive cannabis markets characterized by limited licenses and heavy regulation. It competes with cannabis producers and retailers in both single-state and multi-state markets. Competitors include localized and regional players, as well as other multi-state cannabis operators. Additionally, well-capitalized out-of-state operators may enter markets through acquisitions. As the company expands using a regional hub strategy, operators in new state markets will become direct competitors. Competition from larger, better-financed companies and new entrants may significantly affect the company's business, financial condition, and results. Competition is expected to increase with more diversified products and pricing pressures as the consumer base grows.

Trulieve Cannabis's Competitors Named by the Company

Competitive relationships identified from SEC filings and corroborating sources, each with a basis and confidence.
Competitor Basis Confidence Active Sources
Ascend Wellness Holdings, Inc. Named by the company 85% 2022 to 2026 3
Competitor Evidence Detail

Filing basis, confidence, active dates and source counts for Trulieve Cannabis's named competitors require a Commercial License.

Methodology: relationships are extracted from SEC filings (named-competitor disclosures) and corroborating sources. Named by the company = explicitly disclosed as a competitor; Inferred = derived from corroborating signals. Confidence reflects evidence strength.