GTBIF vs. TCNNF

Last updated Jun 23, 2026

GTBIF (Green Thumb Industries Inc) and TCNNF (Trulieve Cannabis Corp) are both stocks. Both operate in the Drug Manufacturers - Specialty & Generic industry within the Healthcare sector. At a 0.23 correlation, their price movements are largely independent.

Performance

GTBIF vs. TCNNF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Green Thumb Industries Inc (GTBIF) and Trulieve Cannabis Corp (TCNNF). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

GTBIF

• 1D: -4.31%
• 1M: 2.52%
• YTD: -8.91%
• 6M: -3.43%
• 1Y: 48.78%
• 3Y*: -1.30%
• 5Y*: -24.68%
• 10Y*: 82.87%

TCNNF

• 1D: 0.00%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

GTBIF vs. TCNNF - Yearly Performance Comparison

	2026 (YTD)
GTBIF Green Thumb Industries Inc	-10.73%
TCNNF Trulieve Cannabis Corp	-5.71%

Correlation

The correlation between GTBIF and TCNNF is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 8, 2026	0.23

Fundamentals

Market Cap GTBIF : $1.70B TCNNF : $2.28B
EPS GTBIF : $0.52 TCNNF : -$0.42
PS Ratio GTBIF : 1.43 TCNNF : 1.90
PB Ratio GTBIF : 0.89 TCNNF : 1.99
Total Revenue (TTM) GTBIF : $1.20B TCNNF : $1.17B
Gross Profit (TTM) GTBIF : $575.26M TCNNF : $670.85M
EBITDA (TTM) GTBIF : $438.97M TCNNF : $276.20M

Return for Risk

GTBIF vs. TCNNF — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GTBIF

GTBIF Risk / Return Rank: 64
GTBIF Sharpe Ratio Rank: 59
GTBIF Sortino Ratio Rank: 68
GTBIF Omega Ratio Rank: 63
GTBIF Calmar Ratio Rank: 66
GTBIF Martin Ratio Rank: 63

TCNNF

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

GTBIF vs. TCNNF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Green Thumb Industries Inc (GTBIF) and Trulieve Cannabis Corp (TCNNF). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	GTBIF	TCNNF	Difference
Sharpe ratio: Return per unit of total volatility	0.51	—	—
Sortino ratio: Return per unit of downside risk	1.56	—	—
Omega ratio: Gain probability vs. loss probability	1.18	—	—
Calmar ratio: Return relative to maximum drawdown	1.16	—	—
Martin ratio: Return relative to average drawdown	2.25	—	—

Drawdowns

GTBIF vs. TCNNF - Drawdown Comparison

The maximum GTBIF drawdown since its inception was -99.97%, which is greater than TCNNF's maximum drawdown of -11.15%. Use the drawdown chart below to compare losses from any high point for GTBIF and TCNNF.

Drawdown Indicators

	GTBIF	TCNNF	Difference
Max Drawdown Largest peak-to-trough decline	-99.97%	-11.15%	-88.82%
Max Drawdown (1Y) Largest decline over 1 year	-42.24%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-68.66%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-85.71%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-92.86%	—	—
Current Drawdown Current decline from peak	-80.96%	-11.15%	-69.81%
Average Drawdown Average peak-to-trough decline	-78.97%	-10.04%	-68.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	21.76%	—	—

Volatility

Volatility by Period

	GTBIF	TCNNF	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.37%	—	—
Volatility (6M) Calculated over the trailing 6-month period	50.53%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	97.26%	66.80%	+30.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	72.00%	66.80%	+5.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	46,700.56%	66.80%	+46,633.76%

Dividends

GTBIF vs. TCNNF - Dividend Comparison

Neither GTBIF nor TCNNF has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

GTBIF vs. TCNNF - Profitability Comparison

The chart below illustrates the profitability comparison between Green Thumb Industries Inc and Trulieve Cannabis Corp over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

GTBIF - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Green Thumb Industries Inc reported a gross profit of 143.65M and revenue of 300.19M. Therefore, the gross margin over that period was 47.9%.

TCNNF - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Trulieve Cannabis Corp reported a gross profit of 170.08M and revenue of 286.75M. Therefore, the gross margin over that period was 59.3%.

GTBIF - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Green Thumb Industries Inc reported an operating income of 40.73M and revenue of 300.19M, resulting in an operating margin of 13.6%.

TCNNF - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Trulieve Cannabis Corp reported an operating income of 35.73M and revenue of 286.75M, resulting in an operating margin of 12.5%.

GTBIF - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Green Thumb Industries Inc reported a net income of 15.40M and revenue of 300.19M, resulting in a net margin of 5.1%.

TCNNF - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Trulieve Cannabis Corp reported a net income of 2.41M and revenue of 286.75M, resulting in a net margin of 0.8%.

Frequently Asked Questions

Can I hold both GTBIF and TCNNF in my portfolio?

GTBIF and TCNNF have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.