{"id":1928107,"date":"2023-05-10T10:56:21","date_gmt":"2023-05-10T14:56:21","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/trulieve-cannabis-posts-lower-first-quarter-revenue\/"},"modified":"2023-05-10T10:59:16","modified_gmt":"2023-05-10T14:59:16","slug":"trulieve-cannabis-posts-lower-first-quarter-revenue","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/trulieve-cannabis-posts-lower-first-quarter-revenue\/","title":{"rendered":"Trulieve Cannabis reports Q1 revenue decline."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">12<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Ftrulieve-cannabis-posts-lower-first-quarter-revenue%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1928107&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><h2>Trulieve Cannabis Corp Reports 9% Fall in Q1 Revenue<\/h2>\n<p>Trulieve Cannabis Corp, a Florida-based company, reported a 9% fall in revenue for the first quarter of the year. The decline was attributed to subdued demand for cannabis and related products, as <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/last-minute-christmas-shopping-may-be-back-in-vogue-this-year-says-best-buy\/\" title=\"Last-minute Christmas shopping may be back in vogue this year, says Best Buy\">customers cut back<\/a> on spending due to <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/watch-live-top-regulators-testify-before-congress-after-recent-bank-collapses\/\" title=\"WATCH LIVE: Top regulators testify before Congress after recent bank collapses\">recent banking failures<\/a> and <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/federal-reserve-chair-no-interest-rate-hikes-until-inflation-spike\/\" title=\"Federal Reserve Chair: No interest rate hikes until inflation spike\">interest rate hikes<\/a> that have raised recession fears. The company reported a net loss of $64 million for the quarter, which is bigger than the $32 million loss posted a year ago.<\/p>\n<h3>Other Headlines:<\/h3>\n<ul>\n<li>Jury reaches verdict in civil case against 45th President Trump<\/li>\n<li>Texas Department of Public Safety gives first update after mass shooting at mall in Allen, Texas<\/li>\n<li>Federal court in New York sides against Donald Trump in defamation case<\/li>\n<li>Ukraine receives latest weapons package, debt ceiling talks go nowhere<\/li>\n<li>Republicans watch as Florida&#8217;s Governor Ron DeSantis considers bid for presidency<\/li>\n<li>China urges state-owned enterprises to play key role in drive for self-reliance<\/li>\n<li>Digital stablecoin tether wins race for title of crypto world&#8217;s &#8220;least&#8221;<\/li>\n<li>Cisco Systems to begin manufacturing from India to diversify global supply chain<\/li>\n<li>Austria joins growing list of countries banning Chinese-owned video-sharing app TikTok from government employees&#8217; work phones<\/li>\n<\/ul>\n<p>Stay up-to-date with the latest news and headlines from around the world.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Reuters) \u2013 Trulieve Cannabis Corp reported a 9% fall in first-quarter revenue on Wednesday, hurt by subdued demand for pot and related products. Recent banking failures and interest rate hikes have raised recession fears, prompting customers to cut back on spending, especially on recreational products including cannabis. Advertisement Trulieve Cannabis reported a net loss of<\/p>\n","protected":false},"author":66,"featured_media":1928108,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[542],"tags":[8290,5182,4564,14486,26357],"class_list":["post-1928107","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-oann","tag-cannabis","tag-decline","tag-reports","tag-revenue","tag-trulieve"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1928107","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1928107"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1928107\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1928108"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1928107"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1928107"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1928107"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}