TCNNF vs. VRNOF

Last updated Jun 3, 2026

TCNNF (Trulieve Cannabis Corp) and VRNOF (Verano Holdings Corp) are both stocks. Both operate in the Drug Manufacturers - Specialty & Generic industry within the Healthcare sector.

Performance

TCNNF vs. VRNOF - Performance Comparison

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

Returns By Period

TCNNF

• 1D: -1.58%
• 1M: -2.82%
• YTD: 7.25%
• 6M: 54.56%
• 1Y: 127.32%
• 3Y*: 34.04%
• 5Y*: -24.52%
• 10Y*: —

VRNOF

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

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

TCNNF vs. VRNOF - Yearly Performance Comparison

	2026 (YTD)
TCNNF Trulieve Cannabis Corp	34.10%
VRNOF Verano Holdings Corp	0.00%

Fundamentals

EPS TCNNF : -$0.42 VRNOF : -$0.96
PS Ratio TCNNF : 1.53 VRNOF : 0.47
Total Revenue (TTM) TCNNF : $1.17B VRNOF : $730.89M
Gross Profit (TTM) TCNNF : $670.85M VRNOF : $370.66M
EBITDA (TTM) TCNNF : $276.20M VRNOF : -$23.95M

Return for Risk

TCNNF vs. VRNOF — Risk / Return Rank

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

TCNNF

TCNNF Risk / Return Rank: 76
TCNNF Sharpe Ratio Rank: 72
TCNNF Sortino Ratio Rank: 81
TCNNF Omega Ratio Rank: 75
TCNNF Calmar Ratio Rank: 78
TCNNF Martin Ratio Rank: 74

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.

TCNNF vs. VRNOF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Trulieve Cannabis Corp (TCNNF) and Verano Holdings Corp (VRNOF). 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.

	TCNNF	VRNOF	Difference
Sharpe ratio Return per unit of total volatility	1.06	—	—
Sortino ratio Return per unit of downside risk	2.42	—	—
Omega ratio Gain probability vs. loss probability	1.27	—	—
Calmar ratio Return relative to maximum drawdown	2.44	—	—
Martin ratio Return relative to average drawdown	4.87	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	TCNNF	VRNOF	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.06	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.28	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.02	—	—

Drawdowns

TCNNF vs. VRNOF - Drawdown Comparison

The maximum TCNNF drawdown since its inception was -93.88%, which is greater than VRNOF's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for TCNNF and VRNOF.

Drawdown Indicators

	TCNNF	VRNOF	Difference
Max Drawdown Largest peak-to-trough decline	-93.88%	0.00%	-93.88%
Max Drawdown (1Y) Largest decline over 1 year	-54.42%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-77.52%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-91.77%	—	—
Current Drawdown Current decline from peak	-82.34%	0.00%	-82.34%
Average Drawdown Average peak-to-trough decline	-61.16%	0.00%	-61.16%
Ulcer Index Depth and duration of drawdowns from previous peaks	27.32%	—	—

Volatility

Volatility by Period

	TCNNF	VRNOF	Difference
Volatility (1M) Calculated over the trailing 1-month period	28.20%	—	—
Volatility (6M) Calculated over the trailing 6-month period	84.17%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	120.44%	0.00%	+120.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	87.73%	0.00%	+87.73%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	81.80%	0.00%	+81.80%

Dividends

TCNNF vs. VRNOF - Dividend Comparison

Neither TCNNF nor VRNOF has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

TCNNF vs. VRNOF - Profitability Comparison

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

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%.

VRNOF - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Verano Holdings Corp reported a gross profit of 98.98M and revenue of 208.18M. Therefore, the gross margin over that period was 47.5%.

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%.

VRNOF - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Verano Holdings Corp reported an operating income of 13.10M and revenue of 208.18M, resulting in an operating margin of 6.3%.

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%.

VRNOF - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Verano Holdings Corp reported a net income of -17.82M and revenue of 208.18M, resulting in a net margin of -8.6%.