Letters by company

Trulieve Cannabis Corp.

2 letters discussing TRLV. Everything written about it on this site is on its ticker page.

Bengal Capital Bengal Commentary - Q3 2025 Three Buckets Bengal Catalyst Fund frames cannabis profits around regulatory capture, geographic hustle and operational competence, assigning the highest durability to efficient operations. It reviews Grown Rogue’s state-level pricing and cost discipline, plans further capital for LadderRe, and expects Body and Mind debt repayments despite its halted equity being marked to zero. Q3 2025 GRUSF $90MBAMM $2.6M
Bengal Capital Doing It Right: The Alien Labs Story Bengal Catalyst Fund maintains its Grown Rogue thesis despite lower near-term profits and backs LadderRe’s reinsurance economics and Body and Mind’s debt-reduction plan. Bengal argues that Alien Labs illustrates why consistent cultivation, consumer trust and product quality will matter more than regulatory moats in cannabis. Q2 2025 BAMM $2.6M