Retail was Trulieve Cannabis’s largest product and service line in fiscal 2025, bringing in $1.11B of $1.18B (94%).
| Product and Service | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|
| Retail | $1.16B | $1.08B | $1.13B | $1.11B | ||
| Wholesale | — | — | — | — | ||
| Wholesale & Other | $59.75M | $45.65M | $57.61M | $70.74M | ||
| Wholesale, Licensing & Other | — | — | — | — | ||
| Licensing & Other | — | — | — | — | ||
| Total | $1.22B | $1.13B | $1.19B | $1.18B |
Trulieve Cannabis brought in $1.18B from its two product and service lines in fiscal 2025, the year ended December 31, 2025. That was down 0.4% from $1.19B in fiscal 2024. Retail was the largest at $1.11B (94.0%), ahead of Wholesale & Other at $70.74M (6.0%).
Compared with fiscal 2024, Wholesale & Other grew 22.8% to $70.74M, while Retail fell 1.6% to $1.11B. From fiscal 2022 to 2025, combined revenue from these lines fell from $1.22B to $1.18B, a compound annual decline of 1.0%. Retail's share of the total fell from 95.1% to 94.0%.
Trulieve Cannabis (TRLV) reports its revenue by product and service. In fiscal 2025, Retail was its largest product and service line, bringing in $1.11B (94.0% of the total), followed by Wholesale & Other at $70.74M (6.0%).
Retail was Trulieve Cannabis' largest product and service line in fiscal 2025, bringing in $1.11B, or 94.0% of the $1.18B total across its two product and service lines.
Wholesale & Other grew faster than Retail in fiscal 2025, up 22.8% from $57.61M to $70.74M. Retail fell 1.6% to $1.11B.
Every figure comes from Trulieve Cannabis' annual financial filings, as reported. Each line keeps the name Trulieve Cannabis gives it, and years follow its fiscal calendar.
Trulieve Cannabis' revenue by product and service goes back to fiscal 2020, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.