Trulieve Cannabis (TRLV) Inventory (2020 - 2026)
Trulieve Cannabis (TRLV) recorded Inventory of $186.87 million in Q2 2026, down 22.6% from $241.46 million a year earlier and down 22.9% from the prior quarter.
Trulieve Cannabis (TRLV) Inventory (2020 - 2026) Analysis & Trends
At the end of FY2025, Trulieve Cannabis reported Inventory of $242.3 million, up 4.7% from FY2024.
- Annual Inventory has a five-year compound annual growth rate of 19.8% (FY2020 to FY2025).
- Across earlier years, Inventory came in at $231.37 million in FY2024 (+8.6%), $213.12 million in FY2023 (-22.9%), $276.51 million in FY2022 (+30.3%) and $212.19 million in FY2021 (+115.8%).
- The Q2 2026 figure is the lowest quarterly Inventory since Q3 2021.
- On a year-over-year basis, Inventory rose in six of the last eight quarters, with growth averaging 3.6%.
- Peak year-over-year performance for Inventory in the last five years was growth of 139.9% in Q2 2022, against a decline of 29.6% in Q1 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $242.32 million (Q1 2026), $242.3 million (Q4 2025) and $243.29 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 302.14 Bn | 283.71 Bn | 7.66 Bn | 11.44 Bn |
| 2 | British American Tobacco p.l.c | 129.64 Bn | 108.78 Bn | - | 6.50 Bn |
| 3 | Altria | 115.45 Bn | 101.65 Bn | 3.82 Bn | 1.06 Bn |
| 4 | Curaleaf Holdings | 2.87 Bn | 2.47 Bn | 169.91 Mn | 244.72 Mn |
| 5 | RLX Technology | 2.63 Bn | -932.13 Mn | 52.74 Mn | 61.35 Mn |
| 6 | Trulieve Cannabis | 2.37 Bn | 989.63 Mn | 162.29 Mn | 186.87 Mn |
| 7 | Green Thumb Industries | 1.53 Bn | 385.54 Mn | 137.87 Mn | 180.98 Mn |
| 8 | Cronos | 1.26 Bn | -1.96 Bn | 28.45 Mn | 52.70 Mn |
| 9 | Turning Point Brands | 1.21 Bn | 343.16 Mn | 93.70 Mn | 133.43 Mn |
| 10 | Verano Holdings | 871.29 Mn | 544.91 Mn | 99.70 Mn | 222.20 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 186.87 Mn |
| Mar 31, 2026 | 242.32 Mn |
| Dec 31, 2025 | 242.30 Mn |
| Sep 30, 2025 | 243.29 Mn |
| Jun 30, 2025 | 241.46 Mn |
| Mar 31, 2025 | 239.28 Mn |
| Dec 31, 2024 | 231.37 Mn |
| Sep 30, 2024 | 220.92 Mn |
| Jun 30, 2024 | 207.63 Mn |
| Mar 31, 2024 | 209.40 Mn |
| Dec 31, 2023 | 213.12 Mn |
| Sep 30, 2023 | 229.90 Mn |
| Jun 30, 2023 | 252.79 Mn |
| Mar 31, 2023 | 297.56 Mn |
| Dec 31, 2022 | 276.51 Mn |
| Sep 30, 2022 | 301.24 Mn |
| Jun 30, 2022 | 270.21 Mn |
| Mar 31, 2022 | 236.43 Mn |
| Dec 31, 2021 | 212.19 Mn |
| Sep 30, 2021 | 133.87 Mn |
Trulieve Cannabis Inventory 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=inventory&ticker=TRLV&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "inventory", "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=inventory&ticker=TRLV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();