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    Eric DesLauriers

    Senior Research Analyst at Craig-Hallum Capital Group

    Eric Des Lauriers is a Senior Research Analyst at Craig-Hallum Capital Group, specializing in consumer staples and select industrial stocks. He covers companies such as Vital Farms and Trulieve Cannabis, with a career performance including a 100% success rate and an average return of over 26% on rated stocks. Eric began at Craig-Hallum in 2016 as a Research Associate and was promoted to Senior Research Analyst in 2019. He is FINRA-registered and holds necessary securities licenses as a regulated broker.

    Eric DesLauriers's questions to Trulieve Cannabis (TCNNF) leadership

    Eric DesLauriers's questions to Trulieve Cannabis (TCNNF) leadership • Q2 2023

    Question

    Eric DesLauriers asked about the timeline for the Jeffco facility to be fully 'dialed in' and its impact on inventory. He also questioned the trade-off between maintaining gross margin strength and the ongoing inventory reduction efforts in the second half of the year.

    Answer

    CEO Kim Rivers explained that the benefits from Jeffco will be gradual, with the full impact expected in 2024 as higher-cost legacy inventory is cleared. Interim CFO Ryan Blust and Rivers both noted that gross margin will remain dynamic, influenced by the inventory reduction, product mix, and the varying costs of legacy versus new inventory being sold.

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