2023 Q4 Form 10-K Financial Statement

#000162828024007779 Filed on February 29, 2024

View on sec.gov

Income Statement

Concept 2023 Q4 2023
Revenue $287.0M $1.129B
YoY Change -5.04% -8.92%
Cost Of Revenue $133.1M $540.6M
YoY Change -12.71% -3.09%
Gross Profit $153.9M $588.6M
YoY Change 2.77% -13.69%
Gross Profit Margin 53.61% 52.13%
Selling, General & Admin $96.29M $386.2M
YoY Change -23.46% -15.07%
% of Gross Profit 62.58% 65.6%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $41.64M $170.7M
YoY Change -5.69% 123.37%
% of Gross Profit 27.06% 28.99%
Operating Expenses $123.5M $810.2M
YoY Change -21.14% 24.73%
Operating Profit $30.37M -$221.6M
YoY Change -540.07% -783.84%
Interest Expense -$14.48M $81.57M
YoY Change -35.93% 2.25%
% of Operating Profit -47.69%
Other Income/Expense, Net -$11.82M -$62.92M
YoY Change 521.89% -16.93%
Pretax Income $8.822M -$284.5M
YoY Change -128.64% 556.45%
Income Tax $45.43M $151.4M
% Of Pretax Income 514.91%
Net Earnings -$33.43M -$533.1M
YoY Change -56.58% 110.95%
Net Earnings / Revenue -11.65% -47.21%
Basic Earnings Per Share -$2.28
Diluted Earnings Per Share -$0.19 -$2.28
COMMON SHARES
Basic Shares Outstanding 189.0M shares
Diluted Shares Outstanding 189.0M shares

Balance Sheet

Concept 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $201.4M
YoY Change -5.15%
Cash & Equivalents $201.4M
Short-Term Investments
Other Short-Term Assets $23.74M
YoY Change 530.41%
Inventory $213.1M
Prepaid Expenses $17.62M
Receivables $6.703M
Other Receivables $6.233M
Total Short-Term Assets $477.3M
YoY Change -19.5%
LONG-TERM ASSETS
Property, Plant & Equipment $676.4M
YoY Change -15.13%
Goodwill $483.9M
YoY Change -38.86%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $10.38M
YoY Change -29.47%
Total Long-Term Assets $2.252B
YoY Change -19.76%
TOTAL ASSETS
Total Short-Term Assets $477.3M
Total Long-Term Assets $2.252B
Total Assets $2.729B
YoY Change -19.71%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $28.25M
YoY Change 72.16%
Accrued Expenses $59.07M
YoY Change -16.45%
Deferred Revenue $1.335M
YoY Change -85.95%
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due $12.86M
YoY Change -42.58%
Total Short-Term Liabilities $114.8M
YoY Change -45.23%
LONG-TERM LIABILITIES
Long-Term Debt $677.4M
YoY Change -24.24%
Other Long-Term Liabilities $7.086M
YoY Change -72.94%
Total Long-Term Liabilities $7.086M
YoY Change -72.94%
TOTAL LIABILITIES
Total Short-Term Liabilities $114.8M
Total Long-Term Liabilities $7.086M
Total Liabilities $1.320B
YoY Change -10.26%
SHAREHOLDERS EQUITY
Retained Earnings -$640.6M
YoY Change 462.74%
Common Stock $2.055B
YoY Change 0.49%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.414B
YoY Change
Total Liabilities & Shareholders Equity $2.729B
YoY Change -19.71%

Cashflow Statement

Concept 2023 Q4 2023
OPERATING ACTIVITIES
Net Income -$33.43M -$533.1M
YoY Change -56.58% 110.95%
Depreciation, Depletion And Amortization $41.64M $170.7M
YoY Change -5.69% 123.37%
Cash From Operating Activities $131.3M $201.8M
YoY Change 138.86% 773.92%
INVESTING ACTIVITIES
Capital Expenditures $12.93M $40.39M
YoY Change -64.34% -75.49%
Acquisitions $0.00
YoY Change -100.0%
Other Investing Activities $5.770M $18.17M
YoY Change 2647.62% -169.91%
Cash From Investing Activities -$7.160M -$37.47M
YoY Change -80.14% -82.58%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -115.0M -$175.6M
YoY Change -233.94% -198.76%
NET CHANGE
Cash From Operating Activities 131.3M $201.8M
Cash From Investing Activities -7.160M -$37.47M
Cash From Financing Activities -115.0M -$175.6M
Net Change In Cash 9.107M -$11.21M
YoY Change -91.31% -20.83%
FREE CASH FLOW
Cash From Operating Activities $131.3M $201.8M
Capital Expenditures $12.93M $40.39M
Free Cash Flow $118.3M $161.5M
YoY Change 533.08% -213.98%

Facts In Submission

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0.22
CY2023 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-2.28
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.95
CY2023 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.51
CY2023 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.51
CY2022 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.36
CY2022 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.36
CY2021 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.09
CY2021 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.09
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
188974176 shares
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
187995317 shares
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
139366940 shares
CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
188974176 shares
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
187995317 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
146757286 shares
CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
447903000 usd
CY2021 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
9254000 usd
CY2021 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
352000 usd
CY2021 tcnnf Stock Issued During Period Value For Warrants Exercise
StockIssuedDuringPeriodValueForWarrantsExercise
7672000 usd
CY2021 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
1072000 usd
CY2021 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
217896000 usd
CY2021 tcnnf Adjustments To Additional Paid In Capital Contingent Consideration Payable In Shares
AdjustmentsToAdditionalPaidInCapitalContingentConsiderationPayableInShares
-2800000 usd
CY2021 us-gaap Profit Loss
ProfitLoss
17445000 usd
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2147373000 usd
CY2022 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
18124000 usd
CY2022 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
156000 usd
CY2022 tcnnf Stock Issued During Period Value For Warrants Exercise
StockIssuedDuringPeriodValueForWarrantsExercise
19238000 usd
CY2022 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
615000 usd
CY2022 tcnnf Distribution Payable For Acquisition Of Variable Interest Entity
DistributionPayableForAcquisitionOfVariableInterestEntity
5500000 usd
CY2022 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
50000 usd
CY2022 tcnnf Noncontrolling Interest Increase From Divestment Of Variable Interest Entity
NoncontrollingInterestIncreaseFromDivestmentOfVariableInterestEntity
110000 usd
CY2022 tcnnf Measurement Period Adjustment For Business Combination
MeasurementPeriodAdjustmentForBusinessCombination
1595000 usd
CY2022 us-gaap Profit Loss
ProfitLoss
-252727000 usd
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1927704000 usd
CY2023 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
10575000 usd
CY2023 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
466000 usd
CY2023 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
50000 usd
CY2023 tcnnf Adjustments To Additional Paid In Capital Value Of Shares Earned For Purchase Of Variable Interest Entity
AdjustmentsToAdditionalPaidInCapitalValueOfSharesEarnedForPurchaseOfVariableInterestEntity
1643000 usd
CY2023 tcnnf Adjustments To Additional Paid In Capital Increase Decrease From Deconsolidation Of Variable Interest Equity
AdjustmentsToAdditionalPaidInCapitalIncreaseDecreaseFromDeconsolidationOfVariableInterestEquity
2219000 usd
CY2023 tcnnf Noncontrolling Interest Increase From Divestment Of Variable Interest Entity
NoncontrollingInterestIncreaseFromDivestmentOfVariableInterestEntity
124000 usd
CY2023 us-gaap Profit Loss
ProfitLoss
-533136000 usd
CY2023Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1408613000 usd
CY2023 us-gaap Profit Loss
ProfitLoss
-533136000 usd
CY2022 us-gaap Profit Loss
ProfitLoss
-252727000 usd
CY2021 us-gaap Profit Loss
ProfitLoss
17445000 usd
CY2023 tcnnf Depreciation And Amortization Including Discontinued Operation
DepreciationAndAmortizationIncludingDiscontinuedOperation
110820000 usd
CY2022 tcnnf Depreciation And Amortization Including Discontinued Operation
DepreciationAndAmortizationIncludingDiscontinuedOperation
121776000 usd
CY2021 tcnnf Depreciation And Amortization Including Discontinued Operation
DepreciationAndAmortizationIncludingDiscontinuedOperation
48096000 usd
CY2023 tcnnf Depreciation Included In Cost Of Goods Sold Net
DepreciationIncludedInCostOfGoodsSoldNet
59837000 usd
CY2022 tcnnf Depreciation Included In Cost Of Goods Sold Net
DepreciationIncludedInCostOfGoodsSoldNet
52541000 usd
CY2021 tcnnf Depreciation Included In Cost Of Goods Sold Net
DepreciationIncludedInCostOfGoodsSoldNet
24073000 usd
CY2023 tcnnf Non Cash Interest Income Expense Net
NonCashInterestIncomeExpenseNet
-5443000 usd
CY2022 tcnnf Non Cash Interest Income Expense Net
NonCashInterestIncomeExpenseNet
-4893000 usd
CY2021 tcnnf Non Cash Interest Income Expense Net
NonCashInterestIncomeExpenseNet
-3463000 usd
CY2023 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
5937000 usd
CY2021 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 usd
CY2023 tcnnf Impairment Of Long Lived Assets And Loss On Disposition Of Property Plant Equipment
ImpairmentOfLongLivedAssetsAndLossOnDispositionOfPropertyPlantEquipment
6664000 usd
CY2022 tcnnf Impairment Of Long Lived Assets And Loss On Disposition Of Property Plant Equipment
ImpairmentOfLongLivedAssetsAndLossOnDispositionOfPropertyPlantEquipment
75547000 usd
CY2021 tcnnf Impairment Of Long Lived Assets And Loss On Disposition Of Property Plant Equipment
ImpairmentOfLongLivedAssetsAndLossOnDispositionOfPropertyPlantEquipment
5371000 usd
CY2022 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
CY2021 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
CY2023 us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
10333000 usd
CY2022 us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
11252000 usd
CY2021 us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
6051000 usd
CY2023 tcnnf Accretion Of Construction Finance Liability
AccretionOfConstructionFinanceLiability
1281000 usd
CY2022 tcnnf Accretion Of Construction Finance Liability
AccretionOfConstructionFinanceLiability
1470000 usd
CY2021 tcnnf Accretion Of Construction Finance Liability
AccretionOfConstructionFinanceLiability
1209000 usd
CY2023 tcnnf Gain Loss On Change In Fair Value Of Derivative Liabilities Warrants
GainLossOnChangeInFairValueOfDerivativeLiabilitiesWarrants
252000 usd
CY2022 tcnnf Gain Loss On Change In Fair Value Of Derivative Liabilities Warrants
GainLossOnChangeInFairValueOfDerivativeLiabilitiesWarrants
2643000 usd
CY2021 tcnnf Gain Loss On Change In Fair Value Of Derivative Liabilities Warrants
GainLossOnChangeInFairValueOfDerivativeLiabilitiesWarrants
208000 usd
CY2023 tcnnf Non Cash Change In Contingencies
NonCashChangeInContingencies
-544000 usd
CY2022 tcnnf Non Cash Change In Contingencies
NonCashChangeInContingencies
23017000 usd
CY2021 tcnnf Non Cash Change In Contingencies
NonCashChangeInContingencies
9269000 usd
CY2023 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
2750000 usd
CY2022 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
3617000 usd
CY2021 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
0 usd
CY2023 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-17173000 usd
CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-27174000 usd
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-26262000 usd
CY2023 us-gaap Disposal Group Not Discontinued Operation Gain Loss On Disposal
DisposalGroupNotDiscontinuedOperationGainLossOnDisposal
-69481000 usd
CY2022 us-gaap Disposal Group Not Discontinued Operation Gain Loss On Disposal
DisposalGroupNotDiscontinuedOperationGainLossOnDisposal
-49130000 usd
CY2021 us-gaap Disposal Group Not Discontinued Operation Gain Loss On Disposal
DisposalGroupNotDiscontinuedOperationGainLossOnDisposal
0 usd
CY2023 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-83304000 usd
CY2022 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
83430000 usd
CY2021 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
19573000 usd
CY2023 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
1712000 usd
CY2022 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
4206000 usd
CY2021 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
4901000 usd
CY2023 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-6751000 usd
CY2022 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-5264000 usd
CY2021 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
8080000 usd
CY2023 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-2954000 usd
CY2022 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-2388000 usd
CY2021 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
6276000 usd
CY2023 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
1635000 usd
CY2022 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-819000 usd
CY2021 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-9659000 usd
CY2023 us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
-48822000 usd
CY2022 us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
19756000 usd
CY2021 us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
-12979000 usd
CY2023 us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
-13263000 usd
CY2022 us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
-1368000 usd
CY2021 us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
-15799000 usd
CY2023 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-9172000 usd
CY2022 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-10002000 usd
CY2021 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-4164000 usd
CY2023 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-8232000 usd
CY2022 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
2370000 usd
CY2021 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-4642000 usd
CY2023 tcnnf Increase Decrease In Unrecognized Tax Benefits
IncreaseDecreaseInUnrecognizedTaxBenefits
160891000 usd
CY2022 tcnnf Increase Decrease In Unrecognized Tax Benefits
IncreaseDecreaseInUnrecognizedTaxBenefits
12794000 usd
CY2021 tcnnf Increase Decrease In Unrecognized Tax Benefits
IncreaseDecreaseInUnrecognizedTaxBenefits
2750000 usd
CY2023 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-225000 usd
CY2022 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
1526000 usd
CY2021 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-1540000 usd
CY2023 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
201841000 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
23096000 usd
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
12898000 usd
CY2023 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
40385000 usd
CY2022 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
164749000 usd
CY2021 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
275902000 usd
CY2023 tcnnf Payments For Purchases Of Property And Equipment Related To Construction Finance Liability
PaymentsForPurchasesOfPropertyAndEquipmentRelatedToConstructionFinanceLiability
0 usd
CY2022 tcnnf Payments For Purchases Of Property And Equipment Related To Construction Finance Liability
PaymentsForPurchasesOfPropertyAndEquipmentRelatedToConstructionFinanceLiability
13247000 usd
CY2021 tcnnf Payments For Purchases Of Property And Equipment Related To Construction Finance Liability
PaymentsForPurchasesOfPropertyAndEquipmentRelatedToConstructionFinanceLiability
20979000 usd
CY2023 tcnnf Proceeds From Payments For Capitalized Interest
ProceedsFromPaymentsForCapitalizedInterest
148000 usd
CY2022 tcnnf Proceeds From Payments For Capitalized Interest
ProceedsFromPaymentsForCapitalizedInterest
-4732000 usd
CY2021 tcnnf Proceeds From Payments For Capitalized Interest
ProceedsFromPaymentsForCapitalizedInterest
-9234000 usd
CY2023 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 usd
CY2022 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
27781000 usd
CY2021 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
-43453000 usd
CY2023 us-gaap Proceeds From Divestiture Of Businesses And Interests In Affiliates
ProceedsFromDivestitureOfBusinessesAndInterestsInAffiliates
977000 usd
CY2022 us-gaap Proceeds From Divestiture Of Businesses And Interests In Affiliates
ProceedsFromDivestitureOfBusinessesAndInterestsInAffiliates
2037000 usd
CY2021 us-gaap Proceeds From Divestiture Of Businesses And Interests In Affiliates
ProceedsFromDivestitureOfBusinessesAndInterestsInAffiliates
0 usd
CY2023 us-gaap Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
750000 usd
CY2022 us-gaap Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
0 usd
CY2021 us-gaap Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
4000000 usd
CY2023 us-gaap Payments For Software
PaymentsForSoftware
10615000 usd
CY2022 us-gaap Payments For Software
PaymentsForSoftware
9214000 usd
CY2021 us-gaap Payments For Software
PaymentsForSoftware
3716000 usd
CY2023 tcnnf Payments For License
PaymentsForLicense
4640000 usd
CY2022 tcnnf Payments For License
PaymentsForLicense
1855000 usd
CY2021 tcnnf Payments For License
PaymentsForLicense
0 usd
CY2023 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
5027000 usd
CY2022 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
739000 usd
CY2021 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
55034000 usd
CY2023 us-gaap Proceeds From Sale Of Notes Receivable
ProceedsFromSaleOfNotesReceivable
903000 usd
CY2022 us-gaap Proceeds From Sale Of Notes Receivable
ProceedsFromSaleOfNotesReceivable
1472000 usd
CY2021 us-gaap Proceeds From Sale Of Notes Receivable
ProceedsFromSaleOfNotesReceivable
160000 usd
CY2023 tcnnf Proceeds From Sale Of Property And Land Held For Sale
ProceedsFromSaleOfPropertyAndLandHeldForSale
11865000 usd
CY2022 tcnnf Proceeds From Sale Of Property And Land Held For Sale
ProceedsFromSaleOfPropertyAndLandHeldForSale
2273000 usd
CY2021 tcnnf Proceeds From Sale Of Property And Land Held For Sale
ProceedsFromSaleOfPropertyAndLandHeldForSale
0 usd
CY2023 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-37470000 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-215057000 usd
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-215184000 usd
CY2023 us-gaap Proceeds From Issuance Of Medium Term Notes
ProceedsFromIssuanceOfMediumTermNotes
24718000 usd
CY2022 us-gaap Proceeds From Issuance Of Medium Term Notes
ProceedsFromIssuanceOfMediumTermNotes
90541000 usd
CY2021 us-gaap Proceeds From Issuance Of Medium Term Notes
ProceedsFromIssuanceOfMediumTermNotes
342586000 usd
CY2023 us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
0 usd
CY2022 us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
75635000 usd
CY2021 us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
6032000 usd
CY2023 us-gaap Proceeds From Issuance Of Private Placement
ProceedsFromIssuanceOfPrivatePlacement
0 usd
CY2022 us-gaap Proceeds From Issuance Of Private Placement
ProceedsFromIssuanceOfPrivatePlacement
0 usd
CY2021 us-gaap Proceeds From Issuance Of Private Placement
ProceedsFromIssuanceOfPrivatePlacement
217896000 usd
CY2023 us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
0 usd
CY2022 us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
19394000 usd
CY2021 us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
8024000 usd
CY2023 us-gaap Proceeds From Construction Loans Payable
ProceedsFromConstructionLoansPayable
0 usd
CY2022 us-gaap Proceeds From Construction Loans Payable
ProceedsFromConstructionLoansPayable
7047000 usd
CY2021 us-gaap Proceeds From Construction Loans Payable
ProceedsFromConstructionLoansPayable
13250000 usd
CY2023 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
11780000 usd
CY2022 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
2928000 usd
CY2021 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
280788000 usd
CY2023 us-gaap Payments For Repurchase Of Private Placement
PaymentsForRepurchaseOfPrivatePlacement
177595000 usd
CY2022 us-gaap Payments For Repurchase Of Private Placement
PaymentsForRepurchaseOfPrivatePlacement
1874000 usd
CY2021 us-gaap Payments For Repurchase Of Private Placement
PaymentsForRepurchaseOfPrivatePlacement
0 usd
CY2023 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
7588000 usd
CY2022 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
7361000 usd
CY2021 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
4434000 usd
CY2023 us-gaap Repayments Of Construction Loans Payable
RepaymentsOfConstructionLoansPayable
2050000 usd
CY2022 us-gaap Repayments Of Construction Loans Payable
RepaymentsOfConstructionLoansPayable
1161000 usd
CY2021 us-gaap Repayments Of Construction Loans Payable
RepaymentsOfConstructionLoansPayable
0 usd
CY2023 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
774000 usd
CY2022 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
832000 usd
CY2021 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
251000 usd
CY2023 us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
0 usd
CY2022 us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
0 usd
CY2021 us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
12011000 usd
CY2023 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
466000 usd
CY2022 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
615000 usd
CY2021 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
1072000 usd
CY2023 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
50000 usd
CY2022 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
50000 usd
CY2021 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
0 usd
CY2023 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-175585000 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
177796000 usd
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
289232000 usd
CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-11214000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-14165000 usd
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
86946000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
213792000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
229644000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
146713000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
4015000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
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CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
301000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
5702000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
4015000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
207979000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
213792000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
229644000 usd
CY2023 us-gaap Interest Paid Net
InterestPaidNet
81209000 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
76142000 usd
CY2021 us-gaap Interest Paid Net
InterestPaidNet
39075000 usd
CY2023 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
52644000 usd
CY2022 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
146672000 usd
CY2021 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
178657000 usd
CY2023 us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
14323000 usd
CY2022 us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
41141000 usd
CY2021 us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
61195000 usd
CY2023 tcnnf Reclassification Of Assets To Held For Sale
ReclassificationOfAssetsToHeldForSale
18408000 usd
CY2022 tcnnf Reclassification Of Assets To Held For Sale
ReclassificationOfAssetsToHeldForSale
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CY2021 tcnnf Reclassification Of Assets To Held For Sale
ReclassificationOfAssetsToHeldForSale
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CY2023 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
2778000 usd
CY2022 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
3924000 usd
CY2021 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
17861000 usd
CY2023 tcnnf Noncash Partial Extinguishment Of Construction Finance Liability From Discontinued Operations
NoncashPartialExtinguishmentOfConstructionFinanceLiabilityFromDiscontinuedOperations
18486000 usd
CY2022 tcnnf Noncash Partial Extinguishment Of Construction Finance Liability From Discontinued Operations
NoncashPartialExtinguishmentOfConstructionFinanceLiabilityFromDiscontinuedOperations
0 usd
CY2021 tcnnf Noncash Partial Extinguishment Of Construction Finance Liability From Discontinued Operations
NoncashPartialExtinguishmentOfConstructionFinanceLiabilityFromDiscontinuedOperations
0 usd
CY2023 us-gaap Fair Value Of Assets Acquired
FairValueOfAssetsAcquired
0 usd
CY2022 us-gaap Fair Value Of Assets Acquired
FairValueOfAssetsAcquired
1595000 usd
CY2021 us-gaap Fair Value Of Assets Acquired
FairValueOfAssetsAcquired
3964000 usd
CY2023 tcnnf Acquisition Of Variable Interest Entity With Note Payable
AcquisitionOfVariableInterestEntityWithNotePayable
0 usd
CY2022 tcnnf Acquisition Of Variable Interest Entity With Note Payable
AcquisitionOfVariableInterestEntityWithNotePayable
5500000 usd
CY2021 tcnnf Acquisition Of Variable Interest Entity With Note Payable
AcquisitionOfVariableInterestEntityWithNotePayable
0 usd
CY2023 us-gaap Stock Issued1
StockIssued1
0 usd
CY2022 us-gaap Stock Issued1
StockIssued1
0 usd
CY2021 us-gaap Stock Issued1
StockIssued1
1447973000 usd
CY2023 tcnnf Noncash Or Part Noncash Shares Reserved For Acquisition
NoncashOrPartNoncashSharesReservedForAcquisition
0 usd
CY2022 tcnnf Noncash Or Part Noncash Shares Reserved For Acquisition
NoncashOrPartNoncashSharesReservedForAcquisition
0 usd
CY2021 tcnnf Noncash Or Part Noncash Shares Reserved For Acquisition
NoncashOrPartNoncashSharesReservedForAcquisition
-2800000 usd
CY2023 tcnnf Purchase Of Pp E Through Exchange Of Lease Rou Asset
PurchaseOfPpEThroughExchangeOfLeaseRouAsset
0 usd
CY2022 tcnnf Purchase Of Pp E Through Exchange Of Lease Rou Asset
PurchaseOfPpEThroughExchangeOfLeaseRouAsset
3355000 usd
CY2021 tcnnf Purchase Of Pp E Through Exchange Of Lease Rou Asset
PurchaseOfPpEThroughExchangeOfLeaseRouAsset
0 usd
CY2023 tcnnf Derecognition Of Rou Asset
DerecognitionOfRouAsset
0 usd
CY2022 tcnnf Derecognition Of Rou Asset
DerecognitionOfRouAsset
-3355000 usd
CY2021 tcnnf Derecognition Of Rou Asset
DerecognitionOfRouAsset
0 usd
CY2023 tcnnf Asc842 Lease Terminations
Asc842LeaseTerminations
0 usd
CY2022 tcnnf Asc842 Lease Terminations
Asc842LeaseTerminations
0 usd
CY2021 tcnnf Asc842 Lease Terminations
Asc842LeaseTerminations
1035000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
207185000 usd
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
226631000 usd
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
146713000 usd
CY2022Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
6607000 usd
CY2021Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
3013000 usd
CY2020Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
0 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
213792000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
229644000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
146713000 usd
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
201372000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
207185000 usd
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
226631000 usd
CY2023Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
6607000 usd
CY2022Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
6607000 usd
CY2021Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
3013000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
207979000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
213792000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
229644000 usd
CY2022Q4 us-gaap Disposal Group Including Discontinued Operation Cash And Cash Equivalents
DisposalGroupIncludingDiscontinuedOperationCashAndCashEquivalents
5700000 usd
CY2021Q4 us-gaap Disposal Group Including Discontinued Operation Cash And Cash Equivalents
DisposalGroupIncludingDiscontinuedOperationCashAndCashEquivalents
4000000 usd
CY2020Q4 us-gaap Disposal Group Including Discontinued Operation Cash And Cash Equivalents
DisposalGroupIncludingDiscontinuedOperationCashAndCashEquivalents
0 usd
CY2023Q4 us-gaap Disposal Group Including Discontinued Operation Cash And Cash Equivalents
DisposalGroupIncludingDiscontinuedOperationCashAndCashEquivalents
300000 usd
CY2022Q4 us-gaap Disposal Group Including Discontinued Operation Cash And Cash Equivalents
DisposalGroupIncludingDiscontinuedOperationCashAndCashEquivalents
5700000 usd
CY2021Q4 us-gaap Disposal Group Including Discontinued Operation Cash And Cash Equivalents
DisposalGroupIncludingDiscontinuedOperationCashAndCashEquivalents
4000000 usd
CY2023 us-gaap Nature Of Operations
NatureOfOperations
<div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">NOTE 1. NATURE OF BUSINESS </span></div><div style="margin-top:12pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Trulieve Cannabis Corp. together with its subsidiaries (“Trulieve", the “Company”) was incorporated in British Columbia, Canada. Trulieve is a vertically integrated cannabis company which, as of December 31, 2023, held and operated under licenses in Florida, Connecticut, Pennsylvania, West Virginia, Arizona, Colorado, Maryland, Ohio, and Georgia, to cultivate, produce, distribute, and sell medicinal-use cannabis products, and with respect to Arizona, Colorado, Connecticut and Maryland, adult-use cannabis products. The Company's operations are substantially located in Florida and to a lesser extent Arizona and Pennsylvania.</span></div><div style="margin-top:12pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In addition to the States listed above, the Company also conducts activities in other markets. In these markets, the Company has either applied for licenses, plans on applying for licenses, or partners with other entities, but does not currently directly own any cultivation, production, or retail licenses. Further, the Company also holds licenses in states in which it is no longer currently operating due to discontinuing operations and other strategic reasons. </span></div><div style="margin-top:12pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company’s principal address is located in Quincy, Florida. The Company’s registered office is located in British Columbia. </span></div><div style="margin-top:12pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company is listed on the Canadian Securities Exchange (the “CSE”) and began trading on September 25, 2018, under the ticker symbol “TRUL” and trades on the OTCQX market under the symbol “TCNNF”. </span></div><div style="margin-top:12pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Regulatory compliance </span></div><div style="margin-top:12pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company’s compliance with state and other rules and regulations may be reviewed by state and federal agencies. If the Company fails to comply with these regulations, the Company could be subject to loss of licenses, substantial fines or penalties, and other sanctions.<br/></span></div>
CY2023 us-gaap Basis Of Accounting
BasisOfAccounting
<div style="margin-top:12pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">NOTE 2. BASIS OF PRESENTATION</span></div><div style="margin-top:12pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Principles of consolidation </span></div><div style="margin-top:12pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The accompanying consolidated financial statements for the years ended December 31, 2023, 2022, and 2021 include the financial position and operations of Trulieve Cannabis Corp. and its subsidiaries. The consolidated financial statements were prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) and include the assets, liabilities, revenue, and expenses of all consolidated subsidiaries and variable interest entities for which the Company has determined it is the primary beneficiary. Outside shareholders' interests in subsidiaries are shown on the consolidated financial statements as non-controlling interests. Intercompany balances and transactions are eliminated in consolidation.</span></div><div style="margin-top:12pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">A variable interest entity (“VIE”) is a legal entity that does not have sufficient equity at risk to finance its activities without additional subordinated financial support, is structured such that equity investors lack the ability to make significant decisions relating to the entity’s operations through voting rights, or do not substantively participate in the gains and losses of the entity. Upon inception of a contractual agreement, the Company performs an assessment to determine whether the arrangement contains a variable interest in a legal entity and whether that legal entity is a VIE. The primary beneficiary has both the power to direct the activities of the VIE that most significantly impact the entity’s economic performance and the obligation to absorb losses or the right to receive benefits from the VIE entity that could potentially be significant to the VIE. Where the Company concludes it is the primary beneficiary of a VIE, the Company consolidates the accounts of that VIE. When the Company is not the primary beneficiary, the VIE is accounted for in accordance with the relevant accounting guidance.</span></div><div style="margin-top:12pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company regularly reviews and reconsiders previous conclusions regarding whether it is the primary beneficiary of a VIE in accordance with FASB ASC 810. The Company also reviews and reconsiders previous conclusions regarding whether the Company holds a variable interest in a potential VIE, the status of an entity as a VIE, and whether the Company is required to consolidate such VIE in the consolidated financial statements when a change occurs.</span></div><div style="margin-top:12pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Discontinued Operations </span></div><div style="margin-top:12pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In June 2023, the Company exited operations in Massachusetts and in July 2022, the Company discontinued its Nevada operations. Both actions represented a strategic shift in business; therefore, the related assets and liabilities associated with the discontinued operations are classified as discontinued operations on the consolidated balance sheets and the results of the discontinued operations have been presented as discontinued operations within the consolidated statements of operations for all periods presented. Unless specifically noted otherwise, footnote disclosures only reflect the results of continuing operations. The results of discontinued operations are presented in </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Note 19. Discontinued Operations</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">.</span></div><div style="margin-top:12pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Basis of Measurement </span></div><div style="margin-top:12pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">These consolidated financial statements have been prepared on the going concern basis, under the historical cost convention, except for certain financial instruments that are measured at fair value as described herein.</span></div><div style="margin-top:12pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Functional Currency</span></div><div style="margin-top:12pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The functional currency of the Company and its subsidiaries, as determined by management, is the United States (“U.S.”) dollar. These consolidated financial statements are presented in U.S. dollars.</span></div><div style="margin-top:12pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Reclassifications </span></div><div style="margin-top:12pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Certain reclassifications have been made to the consolidated financial statements of prior periods and of the accompanying notes to conform to the current period presentation.<br/></span></div>
CY2023 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="margin-top:12pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Reclassifications </span></div><div style="margin-top:12pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Certain reclassifications have been made to the consolidated financial statements of prior periods and of the accompanying notes to conform to the current period presentation.<br/></span></div>
CY2023 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="margin-top:12pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Concentrations of Credit Risk</span></div><div style="margin-top:12pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:107%">Financial instruments that potentially subject the Company to concentrations of credit risk consist primarily of cash and cash equivalents and notes receivable. The Company’s cash and cash equivalents, primarily consisted of bank deposits, cash on hand, and money market funds, Concentrations of credit risk with respect to our cash and cash equivalents are limited primarily to amounts held with financial institutions in excess of federally insured limits. </span></div>The Company reviews its notes receivable regularly and reduces amounts to their expected realizable values by adjusting the allowance for credit losses when management determines that the account may not be fully collectable. The Company applies ASC 326 Financial Instruments – Credit Losses for the measurement of expected credit losses, which uses an expected loss allowance model for notes receivables. The Company has adopted standardized credit policies and performs assessments in an effort to minimize those risks.
CY2023Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
28245000 usd
CY2022Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
15857000 usd
CY2023Q4 tcnnf Non Trade Accrued Liabilities
NonTradeAccruedLiabilities
23829000 usd
CY2022Q4 tcnnf Non Trade Accrued Liabilities
NonTradeAccruedLiabilities
34662000 usd
CY2023Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
18113000 usd
CY2022Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
19451000 usd
CY2023Q4 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
7061000 usd
CY2022Q4 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
5747000 usd
CY2023Q4 us-gaap Other Accounts Payable And Accrued Liabilities
OtherAccountsPayableAndAccruedLiabilities
5914000 usd
CY2022Q4 us-gaap Other Accounts Payable And Accrued Liabilities
OtherAccountsPayableAndAccruedLiabilities
6306000 usd
CY2023Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
83162000 usd
CY2022Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
82023000 usd
CY2023Q4 tcnnf Deferred Revenue Loyalty Reward Points Term Before Expiration
DeferredRevenueLoyaltyRewardPointsTermBeforeExpiration
P6M
CY2023Q1 tcnnf Contract With Customer Liability Decrease Due To Contract Termination
ContractWithCustomerLiabilityDecreaseDueToContractTermination
4700000 usd
CY2023 us-gaap Advertising Expense
AdvertisingExpense
12100000 usd
CY2022 us-gaap Advertising Expense
AdvertisingExpense
8200000 usd
CY2021 us-gaap Advertising Expense
AdvertisingExpense
7500000 usd
CY2023 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 segment
CY2023 us-gaap Number Of Reporting Units
NumberOfReportingUnits
1 unit
CY2023Q2 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
307600000 usd
CY2022 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
CY2021 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
CY2023 us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-top:12pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Critical Accounting Estimates and Judgments</span></div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. Significant estimates in our consolidated financial statements, include, but are not limited to, inventory; accounting for acquisitions and business combinations; income taxes; initial valuation and subsequent impairment testing of goodwill, other intangible assets and long-lived assets; fair value of financial instruments; share-based payment arrangements; and commitments and contingencies. Actual results may differ from these estimates. Estimates and </span>underlying assumptions are reviewed on an ongoing basis.
CY2023Q4 us-gaap Business Acquisition Cost Of Acquired Entity Transaction Costs
BusinessAcquisitionCostOfAcquiredEntityTransactionCosts
0 usd
CY2021 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
1232200000 usd
CY2021 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
-8000000 usd
CY2023Q4 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
10420000 usd
CY2022Q4 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
8482000 usd
CY2023Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
3717000 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
1975000 usd
CY2023Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
6703000 usd
CY2022Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
6507000 usd
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
13700000 usd
CY2022Q4 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
12700000 usd
CY2023 us-gaap Receivable With Imputed Interest Effective Yield Interest Rate
ReceivableWithImputedInterestEffectiveYieldInterestRate
0.0805
CY2022 us-gaap Receivable With Imputed Interest Effective Yield Interest Rate
ReceivableWithImputedInterestEffectiveYieldInterestRate
0.0831
CY2023 us-gaap Interest Income Financing Receivable Before Allowance For Credit Loss
InterestIncomeFinancingReceivableBeforeAllowanceForCreditLoss
1200000 usd
CY2022 us-gaap Interest Income Financing Receivable Before Allowance For Credit Loss
InterestIncomeFinancingReceivableBeforeAllowanceForCreditLoss
1300000 usd
CY2021 us-gaap Interest Income Financing Receivable Before Allowance For Credit Loss
InterestIncomeFinancingReceivableBeforeAllowanceForCreditLoss
200000 usd
CY2023Q4 us-gaap Financing Receivable Accrued Interest Before Allowance For Credit Loss
FinancingReceivableAccruedInterestBeforeAllowanceForCreditLoss
100000 usd
CY2022Q4 us-gaap Financing Receivable Accrued Interest Before Allowance For Credit Loss
FinancingReceivableAccruedInterestBeforeAllowanceForCreditLoss
100000 usd
CY2023Q4 tcnnf Notes Receivable Expected Principal Payments In Next Twelve Months
NotesReceivableExpectedPrincipalPaymentsInNextTwelveMonths
6233000 usd
CY2023Q4 tcnnf Notes Receivable Expected Principal Payments Year Two
NotesReceivableExpectedPrincipalPaymentsYearTwo
6943000 usd
CY2023Q4 tcnnf Notes Receivable Expected Principal Payments Year Three
NotesReceivableExpectedPrincipalPaymentsYearThree
75000 usd
CY2023Q4 tcnnf Notes Receivable Expected Principal Payments Year Four
NotesReceivableExpectedPrincipalPaymentsYearFour
75000 usd
CY2023Q4 tcnnf Notes Receivable Expected Principal Payments Year Five
NotesReceivableExpectedPrincipalPaymentsYearFive
75000 usd
CY2023Q4 tcnnf Notes Receivable Expected Principal Payments Thereafter
NotesReceivableExpectedPrincipalPaymentsThereafter
300000 usd
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss Fee And Loan In Process
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLossFeeAndLoanInProcess
13701000 usd
CY2023Q4 us-gaap Financing Receivable Unamortized Loan Commitment Origination Fee And Premium Discount
FinancingReceivableUnamortizedLoanCommitmentOriginationFeeAndPremiumDiscount
-45000 usd
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss Current
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLossCurrent
6233000 usd
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss Noncurrent
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLossNoncurrent
7423000 usd
CY2023Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
57901000 usd
CY2022Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
71173000 usd
CY2023Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
104428000 usd
CY2022Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
158448000 usd
CY2023Q4 us-gaap Inventory Net
InventoryNet
213120000 usd
CY2022Q4 us-gaap Inventory Net
InventoryNet
276505000 usd
CY2023Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
875837000 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
869126000 usd
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
199485000 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
125866000 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
676352000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
743260000 usd
CY2023 tcnnf Interest Expense Income Capitalized
InterestExpenseIncomeCapitalized
-148000 usd
CY2022 tcnnf Interest Expense Income Capitalized
InterestExpenseIncomeCapitalized
4728000 usd
CY2021 tcnnf Interest Expense Income Capitalized
InterestExpenseIncomeCapitalized
9231000 usd
CY2023 us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
2712000 usd
CY2022 us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
1294000 usd
CY2021 us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
0 usd
CY2023 tcnnf Gain Loss On Disposal Of Property Plant And Equipment
GainLossOnDisposalOfPropertyPlantAndEquipment
-5320000 usd
CY2022 tcnnf Gain Loss On Disposal Of Property Plant And Equipment
GainLossOnDisposalOfPropertyPlantAndEquipment
-54509000 usd
CY2021 tcnnf Gain Loss On Disposal Of Property Plant And Equipment
GainLossOnDisposalOfPropertyPlantAndEquipment
-1732000 usd
CY2023 tcnnf Gain Loss On Sale Of Property Plant And Equipment
GainLossOnSaleOfPropertyPlantAndEquipment
251000 usd
CY2022 tcnnf Gain Loss On Sale Of Property Plant And Equipment
GainLossOnSaleOfPropertyPlantAndEquipment
654000 usd
CY2021 tcnnf Gain Loss On Sale Of Property Plant And Equipment
GainLossOnSaleOfPropertyPlantAndEquipment
0 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
1109317000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
192126000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
917191000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
1096517000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
111720000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
984797000 usd
CY2023 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
80400000 usd
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
81700000 usd
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
27700000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
81597000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
78197000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
75213000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
72712000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
69056000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
540416000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
917191000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Remaining Amortization Period1
FiniteLivedIntangibleAssetsRemainingAmortizationPeriod1
P12Y4M24D
CY2021Q4 us-gaap Goodwill
Goodwill
765358000 usd
CY2022Q4 us-gaap Goodwill
Goodwill
791495000 usd
CY2023 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
307590000 usd
CY2023Q4 us-gaap Goodwill
Goodwill
483905000 usd
CY2023 us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
-3800000 usd
CY2022 us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
-8600000 usd
CY2021 us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
0 usd
CY2023Q4 us-gaap Notes Payable
NotesPayable
121753000 usd
CY2022Q4 us-gaap Notes Payable
NotesPayable
108533000 usd
CY2023Q4 tcnnf Notes Payable Debt Discount Current
NotesPayableDebtDiscountCurrent
2139000 usd
CY2022Q4 tcnnf Notes Payable Debt Discount Current
NotesPayableDebtDiscountCurrent
1833000 usd
CY2023Q4 us-gaap Notes Payable Current
NotesPayableCurrent
3759000 usd
CY2022Q4 us-gaap Notes Payable Current
NotesPayableCurrent
12453000 usd
CY2023Q4 us-gaap Long Term Notes Payable
LongTermNotesPayable
115855000 usd
CY2022Q4 us-gaap Long Term Notes Payable
LongTermNotesPayable
94247000 usd
CY2023 tcnnf Notes Payables Interest Expense Incurred
NotesPayablesInterestExpenseIncurred
8400000 usd
CY2022 tcnnf Notes Payables Interest Expense Incurred
NotesPayablesInterestExpenseIncurred
1000000 usd
CY2021 tcnnf Notes Payables Interest Expense Incurred
NotesPayablesInterestExpenseIncurred
1900000 usd
CY2023 tcnnf Notes Payable Accretion Expense
NotesPayableAccretionExpense
300000 usd
CY2022 tcnnf Notes Payable Accretion Expense
NotesPayableAccretionExpense
100000 usd
CY2021 tcnnf Notes Payable Accretion Expense
NotesPayableAccretionExpense
100000 usd
CY2023Q4 tcnnf Notes Payable Maturing In Next Twelve Months
NotesPayableMaturingInNextTwelveMonths
3751000 usd
CY2023Q4 tcnnf Notes Payable Maturing In Year Two
NotesPayableMaturingInYearTwo
4331000 usd
CY2023Q4 tcnnf Notes Payable Maturing In Year Three
NotesPayableMaturingInYearThree
4655000 usd
CY2023Q4 tcnnf Notes Payable Maturing In Year Four
NotesPayableMaturingInYearFour
70034000 usd
CY2023Q4 tcnnf Notes Payable Maturing In Year Five
NotesPayableMaturingInYearFive
23199000 usd
CY2023Q4 tcnnf Notes Payable Maturing Thereafter
NotesPayableMaturingThereafter
15783000 usd
CY2023Q4 us-gaap Notes Payable
NotesPayable
121753000 usd
CY2023Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
368000000 usd
CY2022Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
555000000 usd
CY2023Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
4785000 usd
CY2022Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
13336000 usd
CY2023Q4 tcnnf Private Placement Notes Liability Current
PrivatePlacementNotesLiabilityCurrent
0 usd
CY2022Q4 tcnnf Private Placement Notes Liability Current
PrivatePlacementNotesLiabilityCurrent
0 usd
CY2023Q4 us-gaap Long Term Debt
LongTermDebt
363215000 usd
CY2022Q4 us-gaap Long Term Debt
LongTermDebt
541664000 usd
CY2023Q4 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
310500000 usd
CY2023 us-gaap Interest Expense Subordinated Notes And Debentures
InterestExpenseSubordinatedNotesAndDebentures
49700000 usd
CY2022 us-gaap Interest Expense Subordinated Notes And Debentures
InterestExpenseSubordinatedNotesAndDebentures
52000000 usd
CY2021 us-gaap Interest Expense Subordinated Notes And Debentures
InterestExpenseSubordinatedNotesAndDebentures
22200000 usd
CY2023 us-gaap Accretion Expense
AccretionExpense
5300000 usd
CY2022 us-gaap Accretion Expense
AccretionExpense
5200000 usd
CY2021 us-gaap Accretion Expense
AccretionExpense
3500000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
368000000 usd
CY2023Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
368000000 usd
CY2023 us-gaap Operating Lease Cost
OperatingLeaseCost
20291000 usd
CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
20428000 usd
CY2021 us-gaap Operating Lease Cost
OperatingLeaseCost
10754000 usd
CY2023 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
10357000 usd
CY2022 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
10935000 usd
CY2021 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
7638000 usd
CY2023 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
6449000 usd
CY2022 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
6549000 usd
CY2021 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
4385000 usd
CY2023 tcnnf Finance Lease Cost
FinanceLeaseCost
16806000 usd
CY2022 tcnnf Finance Lease Cost
FinanceLeaseCost
17484000 usd
CY2021 tcnnf Finance Lease Cost
FinanceLeaseCost
12023000 usd
CY2023 us-gaap Variable Lease Cost
VariableLeaseCost
9766000 usd
CY2022 us-gaap Variable Lease Cost
VariableLeaseCost
7887000 usd
CY2021 us-gaap Variable Lease Cost
VariableLeaseCost
6013000 usd
CY2023 us-gaap Short Term Lease Cost
ShortTermLeaseCost
406000 usd
CY2022 us-gaap Short Term Lease Cost
ShortTermLeaseCost
751000 usd
CY2021 us-gaap Short Term Lease Cost
ShortTermLeaseCost
334000 usd
CY2023 us-gaap Lease Cost
LeaseCost
47269000 usd
CY2022 us-gaap Lease Cost
LeaseCost
46550000 usd
CY2021 us-gaap Lease Cost
LeaseCost
29124000 usd
CY2023 us-gaap Operating Lease Payments
OperatingLeasePayments
19283000 usd
CY2022 us-gaap Operating Lease Payments
OperatingLeasePayments
21092000 usd
CY2023 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
6483000 usd
CY2022 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
6542000 usd
CY2023 tcnnf Finance Lease Principal Payments From Continuing Operations
FinanceLeasePrincipalPaymentsFromContinuingOperations
7213000 usd
CY2022 tcnnf Finance Lease Principal Payments From Continuing Operations
FinanceLeasePrincipalPaymentsFromContinuingOperations
7042000 usd
CY2023 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
14016000 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
19920000 usd
CY2023 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
1021000 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
25909000 usd
CY2023Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0833
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0929
CY2023Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0899
CY2022Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0866
CY2023Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P6Y11M12D
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P8Y3M25D
CY2023Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P7Y2M19D
CY2022Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P7Y9M14D
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
19713000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
13635000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
19651000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
13492000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
18872000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
12915000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
18232000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
12047000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
17399000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
11439000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
58317000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
33412000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
152184000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
96940000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
49881000 usd
CY2023Q4 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
27627000 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
102303000 usd
CY2023Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
69313000 usd
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
10068000 usd
CY2023Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
7637000 usd
CY2023Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
92235000 usd
CY2023Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
61676000 usd
CY2023 tcnnf Gain Loss On Disposal Of Right Of Use Assets
GainLossOnDisposalOfRightOfUseAssets
-5700000 usd
CY2022 tcnnf Gain Loss On Disposal Of Right Of Use Assets
GainLossOnDisposalOfRightOfUseAssets
-17800000 usd
CY2021 tcnnf Gain Loss On Disposal Of Right Of Use Assets
GainLossOnDisposalOfRightOfUseAssets
0 usd
CY2023 tcnnf Number Of Cannabis Dispensary Leases
NumberOfCannabisDispensaryLeases
2 lease
CY2023Q4 tcnnf Construction Finance Liabilities
ConstructionFinanceLiabilities
138100000 usd
CY2022Q4 tcnnf Construction Finance Liabilities
ConstructionFinanceLiabilities
138400000 usd
CY2023Q4 tcnnf Construction Finance Liability Weighted Average Remaining Lease Term
ConstructionFinanceLiabilityWeightedAverageRemainingLeaseTerm
P16Y9M18D
CY2023 tcnnf Construction Finance Liability Interest Expense
ConstructionFinanceLiabilityInterestExpense
16400000 usd
CY2022 tcnnf Construction Finance Liability Interest Expense
ConstructionFinanceLiabilityInterestExpense
15900000 usd
CY2021 tcnnf Construction Finance Liability Interest Expense
ConstructionFinanceLiabilityInterestExpense
7800000 usd
CY2023Q4 tcnnf Construction Finance Liability Payments Due Year One
ConstructionFinanceLiabilityPaymentsDueYearOne
17043000 usd
CY2023Q4 tcnnf Construction Finance Liability Payments Due Year Two
ConstructionFinanceLiabilityPaymentsDueYearTwo
17521000 usd
CY2023Q4 tcnnf Construction Finance Liability Payments Due Year Three
ConstructionFinanceLiabilityPaymentsDueYearThree
18013000 usd
CY2023Q4 tcnnf Construction Finance Liability Payments Due Year Four
ConstructionFinanceLiabilityPaymentsDueYearFour
18519000 usd
CY2023Q4 tcnnf Construction Finance Liability Payments Due Year Five
ConstructionFinanceLiabilityPaymentsDueYearFive
19039000 usd
CY2023Q4 tcnnf Construction Finance Liability Payments Due After Year Five
ConstructionFinanceLiabilityPaymentsDueAfterYearFive
283385000 usd
CY2023Q4 tcnnf Construction Finance Liability Payments Due
ConstructionFinanceLiabilityPaymentsDue
373520000 usd
CY2023Q4 tcnnf Construction Finance Liabilities Undiscounted Excess Amount
ConstructionFinanceLiabilitiesUndiscountedExcessAmount
235395000 usd
CY2023Q4 tcnnf Construction Finance Liabilities
ConstructionFinanceLiabilities
138125000 usd
CY2023Q4 tcnnf Construction Finance Liabilities Current Portion
ConstructionFinanceLiabilitiesCurrentPortion
1466000 usd
CY2023Q4 tcnnf Construction Finance Liabilities Noncurrent
ConstructionFinanceLiabilitiesNoncurrent
136659000 usd
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
21.34
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P3Y10M13D
CY2023Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
0 usd
CY2023Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
2000000 usd
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum
0.6007
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum
0.6085
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum
0.5181
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum
0.5287
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum
0.4964
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum
0.5604
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
0.0434
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
0.0453
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
0.0120
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
0.0179
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
0.0016
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
0.0115
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
3177815 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
25.96
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
1754817 shares
CY2023 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
3.99
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
735574 shares
CY2023 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
20.48
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
4197058 shares
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
17.73
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P4Y10M28D
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
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tcnnf-20231231_def.xml Edgar Link unprocessable
tcnnf-20231231_lab.xml Edgar Link unprocessable
tcnnf-20231231_pre.xml Edgar Link unprocessable
tcnnf-20231231_htm.xml Edgar Link completed
FilingSummary.xml Edgar Link unprocessable
tcnnf-20231231_cal.xml Edgar Link unprocessable