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TRULIEVE CANNABIS CORP - TCNNF STOCK NEWS

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Trulieve is a leading cannabis company with a focus on providing relief to patients through trusted products. Hand-grown plants in a natural environment ensure quality and purity at every step. Trulieve is a vertically integrated, multi-state operator with a strong market presence in Arizona, Florida, and Pennsylvania. The company's innovative products, high-quality brands, and commitment to customer experience make it a top choice for those seeking access to cannabis products.

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On February 27, 2023, Trulieve Cannabis Corp. hosted a fireside chat in Atlanta with Civil Rights Leader Ambassador Andrew Young, celebrating Black History Month. The event, titled "The Work Continues," featured Young sharing insights from his experiences with Dr. Martin Luther King Jr., encouraging community leadership and activism. Trulieve's CEO, Kim Rivers, emphasized the company's commitment to Diversity, Equity, and Inclusion (DEI) programs, including its Supplier Diversity Program aimed at supporting diverse businesses. This event highlights Trulieve's ongoing dedication to community investment and social impact.

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Trulieve Cannabis Corp. (OTCQX: TCNNF) announced a rescheduling of its fourth quarter and full year 2022 financial results and earnings call due to the transition to a large accelerated filer as of December 31, 2022. This change imposes a 60-day deadline for filing the Form 10-K, requiring additional time for audit completion. Consequently, Trulieve will file a Form 12b-25 and expects to submit its Form 10-K within a 15-day extension from the original March 1, 2023, due date. The earnings call is now set for March 8, 2023, featuring key executives discussing the financial and operational results.

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Trulieve Cannabis Corp. is set to launch adult-use cannabis sales at its newly relocated dispensary in Bristol, Connecticut, on February 17, 2023, at 10 a.m. This event will feature a ribbon-cutting ceremony with food, music, and giveaways. The hybrid dispensary will operate Monday through Saturday from 9 a.m. to 8 p.m., and on Sundays from 10 a.m. to 6 p.m., reserving the first hour of each day for medical sales only. Trulieve has a longstanding presence in Connecticut, having served the medical market since 2014, and aims to enhance customer experience with a spacious showroom and ample parking. The company is positioned for growth in the adult-use market.

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On February 15, 2023, Trulieve Cannabis Corp. (CSE: TRUL; OTCQX: TCNNF) became the first multi-state operator in the cannabis industry to launch advertising campaigns on Twitter, following a significant policy change by the platform allowing such advertisements. Trulieve's Chief Marketing Officer, Gina Collins, expressed excitement about this historic step towards normalizing cannabis use in the U.S. The company plans to expand its advertising efforts in compliance with state regulations across various markets. CEO Kim Rivers also acknowledged the opportunity for increased awareness of cannabis benefits through this partnership.

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Trulieve Cannabis Corp. will hold a conference call on March 1, 2023, at 8:30 AM ET to discuss its Q4 and full year 2022 financial results. The call will feature key executives, including Kim Rivers, CEO, and CFO Alex D'Amico. Participants are encouraged to dial in 15 minutes early at 1-888-317-6003 for North America, or 1-412-317-6061 for international calls, using passcode 0344386. A live audio webcast will be available, with an archived replay offered post-call. Trulieve, a leading U.S. cannabis company, operates in various states including Arizona, Florida, and Pennsylvania, focusing on innovative products and growth strategies.

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Trulieve Cannabis Corp. announces the February launch of two proprietary cannabis brands, Roll One on February 3 and Modern Flower on February 10, in Massachusetts. Roll One offers quality cannabis at an everyday value with a variety of flower options, including a new pre-roll 4-pack. Modern Flower focuses on accessibility and innovation, featuring indoor-grown strains designed for everyday use. Both brands will be available in Trulieve dispensaries across multiple states, enhancing the company's market presence. With this expansion, Trulieve aims to cater to the growing needs of Massachusetts' cannabis consumers.

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Trulieve Cannabis Corp. announced the launch of two proprietary cannabis brands, R.O. and Modern Flower, in West Virginia. R.O. will be available starting February 3, 2023, focusing on quality at value prices, while Modern Flower will be launched on February 10, 2023, aiming for accessibility and diversity in products. Both brands will feature indoor-grown cannabis, with R.O. offering various flower options, and Modern Flower catering to modern consumers with innovative products. The company sees this expansion as pivotal in enhancing its market presence and providing high-quality cannabis to customers in the growing West Virginia market.

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Trulieve Cannabis Corp. is set to open a new medical dispensary in Winter Haven, Florida, at 6000 Cypress Gardens Blvd. The grand opening is scheduled for January 28, 2023, starting at 9 a.m. Regular operating hours will be 9 a.m. to 9 p.m. Monday through Saturday, and 10 a.m. to 8 p.m. on Sundays. The opening will feature various festivities, including giveaways and discounts, with registered patients receiving a 30% discount. Trulieve is committed to enhancing access to medical cannabis in Florida and offers a wide range of THC and CBD products. For first-time visitors, a 50% discount is available at any Florida location.

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Trulieve Cannabis Corp. has launched Highsman, a cannabis lifestyle brand created by NFL legend Ricky Williams, available in Arizona starting January 20. This exclusive launch will be supported by a retail partnership with Harvest, allowing access to premium organically grown cannabis. Williams will participate in several meet-and-greet events at Trulieve and Harvest dispensaries from January 25-26, coinciding with the Super Bowl festivities in Arizona. The Highsman products are slated to be exclusively available until February 4. CEO Kim Rivers emphasized the brand’s alignment with Williams’ values and passion for cannabis.

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Trulieve Cannabis Corp. announced the resignation of Rebecca L. Young as Vice President and Chief Accounting Officer, effective March 10, 2023. The company has appointed Joy Malivuk as her successor. Malivuk brings nearly 15 years of experience from HSN, Inc., where she held key roles in accounting and financial reporting. This leadership transition aims to ensure a smooth handover of responsibilities and maintain the company's strong market position in the cannabis industry.

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FAQ

What is the current stock price of TRULIEVE CANNABIS (TCNNF)?

The current stock price of TRULIEVE CANNABIS (TCNNF) is $4.8458 as of December 26, 2024.

What is the market cap of TRULIEVE CANNABIS (TCNNF)?

The market cap of TRULIEVE CANNABIS (TCNNF) is approximately 1.0B.

What is Trulieve's core focus?

Trulieve focuses on providing relief to patients through trusted cannabis products.

Where does Trulieve operate?

Trulieve is a multi-state operator with a strong market presence in Arizona, Florida, and Pennsylvania.

What sets Trulieve apart from other cannabis companies?

Trulieve's commitment to quality, innovation, and customer experience makes it a top choice for those seeking access to cannabis products.

How does Trulieve ensure product quality?

Trulieve hand-grows its plants in a specially designed environment to reduce unwanted chemicals and pests, ensuring quality and purity.

What is Trulieve's approach to expansion?

Trulieve is poised for accelerated growth and expansion through its hub strategy, focusing on building scale in retail and distribution.

TRULIEVE CANNABIS CORP

OTC:TCNNF

TCNNF Rankings

TCNNF Stock Data

1.04B
121.05M
4.89%
5.44%
Drug Manufacturers - Specialty & Generic
Healthcare
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United States of America
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