Trulieve Cannabis (TRLV) Intangibles (2020 - 2026)
Trulieve Cannabis (TRLV) recorded Intangibles of $300.44 million in Q2 2026, down 63.9% from $832.38 million a year earlier and down 61.5% from the prior quarter.
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Analysis
Trulieve Cannabis (TRLV) Intangibles (2020 - 2026) Analysis & Trends
At the end of FY2025, Trulieve Cannabis reported Intangibles of $798.37 million, down 7.1% from FY2024.
- Annual Intangibles has declined for four straight years, though with a five-year compound annual growth rate of 53.9% (FY2020 to FY2025).
- Across earlier years, Intangibles came in at $859.48 million in FY2024 (-6.3%), $917.19 million in FY2023 (-6.9%), $984.8 million in FY2022 (-11.9%) and $1.12 billion in FY2021.
- The Q2 2026 figure is the lowest quarterly Intangibles since Q3 2021.
- On a year-over-year basis, Intangibles has declined for 15 consecutive quarters, with an average decline of 13.8% over the last eight quarters.
- Peak year-over-year performance for Intangibles in the last five years was growth of 781.2% in Q2 2022, against a decline of 63.9% in Q2 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at $780.75 million (Q1 2026), $798.37 million (Q4 2025) and $815.31 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 297.66 Bn | 279.23 Bn | 7.66 Bn | 10.18 Bn |
| 2 | British American Tobacco p.l.c | 125.80 Bn | 104.94 Bn | - | 116.84 Bn |
| 3 | Altria | 112.42 Bn | 98.63 Bn | 3.82 Bn | 11.85 Bn |
| 4 | Curaleaf Holdings | 2.73 Bn | 2.33 Bn | 169.91 Mn | 956.07 Mn |
| 5 | RLX Technology | 2.65 Bn | -916.64 Mn | 52.74 Mn | 27.04 Mn |
| 6 | Trulieve Cannabis | 2.10 Bn | 712.57 Mn | 162.29 Mn | 300.44 Mn |
| 7 | Green Thumb Industries | 1.33 Bn | 184.54 Mn | 137.87 Mn | 435.59 Mn |
| 8 | Cronos | 1.22 Bn | -2.00 Bn | 28.45 Mn | 8.05 Mn |
| 9 | Turning Point Brands | 1.18 Bn | 308.67 Mn | 93.70 Mn | 63.42 Mn |
| 10 | Verano Holdings | 808.33 Mn | 481.94 Mn | 99.70 Mn | 550.12 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 300.44 Mn |
| Mar 31, 2026 | 780.75 Mn |
| Dec 31, 2025 | 798.37 Mn |
| Sep 30, 2025 | 815.31 Mn |
| Jun 30, 2025 | 832.38 Mn |
| Mar 31, 2025 | 848.80 Mn |
| Dec 31, 2024 | 859.48 Mn |
| Sep 30, 2024 | 873.32 Mn |
| Jun 30, 2024 | 887.30 Mn |
| Mar 31, 2024 | 901.68 Mn |
| Dec 31, 2023 | 917.19 Mn |
| Sep 30, 2023 | 934.56 Mn |
| Jun 30, 2023 | 951.46 Mn |
| Mar 31, 2023 | 967.40 Mn |
| Dec 31, 2022 | 984.80 Mn |
| Sep 30, 2022 | 1.03 Bn |
| Jun 30, 2022 | 1.08 Bn |
| Mar 31, 2022 | 1.10 Bn |
| Dec 31, 2021 | 1.12 Bn |
| Sep 30, 2021 | 161.28 Mn |
API Access
Trulieve Cannabis Intangibles API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=intangibles&ticker=TRLV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "intangibles", "ticker": "TRLV", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=intangibles&ticker=TRLV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();