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Trulieve Reports Results of 2022 Annual Meeting of Shareholders

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Trulieve Cannabis Corp. held its Annual Meeting of Shareholders on June 8, 2022, where resolutions were approved to elect eight directors and reappoint Marcum LLP as auditors. A total of 97,288,636 votes were cast, representing 52.8% of outstanding shares. The elected directors are Kim Rivers, Giannella Alvarez, Thad Beshears, Peter Healy, Richard May, Thomas Millner, Jane Morreau, and Susan Thronson. The company, operating in 11 states and a leading cannabis operator, aims for growth and market expansion.

Positive
  • Approval of eight directors enhances leadership stability.
  • Reappointment of Marcum LLP indicates confidence in financial oversight.
  • 52.8% shareholder participation reflects strong investor engagement.
Negative
  • None.

TALLAHASSEE, Fla., June 10, 2022 /PRNewswire/ -- Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) ("Trulieve" or "the Company"), a leading and top-performing cannabis company in the U.S., today announced the results of its Annual Meeting of Shareholders held on June 8, 2022.

The Company put forward the following resolutions to be voted on by shareholders at the meeting, all of which were approved: (i) to elect eight directors for the forthcoming year from the nominees proposed by the Board; and (ii) to appoint Marcum LLP as auditors for the Company and authorization of the Board of Directors to fix the auditors' remuneration and terms of engagement.

A total of 97,288,636 of the 184,184,142 votes attached to all outstanding shares of the Company on an as-converted basis as at the record date voted at the meeting, representing 52.8% of outstanding shares on an as-converted basis.

Election of Directors: 
Each of the directors elected at the Meeting, being Kim Rivers, Giannella Alvarez, Thad Beshears, Peter Healy, Richard May, Thomas Millner, Jane Morreau and Susan Thronson, will hold office until the next annual general meeting of the Company or until their earlier resignation or removal.

Appointment of Auditors:
Marcum LLP were re-appointed as Auditors of the Corporation for the 2022 fiscal year with the Directors authorized to fix their remuneration.  

About Trulieve
Trulieve is an industry leading, vertically integrated cannabis company and multi-state operator in the U.S. operating in 11 states, with leading market positions in Arizona, Florida, and Pennsylvania. Trulieve is poised for accelerated growth and expansion, building scale in retail and distribution in new and existing markets through its hub strategy. By providing innovative, high-quality products across its brand portfolio, Trulieve delivers optimal customer experiences and increases access to cannabis, helping patients and customers to live without limits. Trulieve is listed on the CSE under the symbol TRUL and trades on the OTCQX market under the symbol TCNNF. For more information, please visit Trulieve.com.

Facebook: @Trulieve
Instagram: @Trulieve_ 
Twitter: @Trulieve 

Investor Contact
Christine Hersey, Executive Director of Investor Relations
+1 (424) 202-0210
Christine.Hersey@Trulieve.com

Media Contact
Rob Kremer, Executive Director of Corporate Communications
+1 (404) 218-3077
Robert.Kremer@Trulieve.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/trulieve-reports-results-of-2022-annual-meeting-of-shareholders-301565503.html

SOURCE Trulieve Cannabis Corp.

FAQ

What were the results of Trulieve's Annual Meeting of Shareholders on June 8, 2022?

All proposed resolutions were approved, including the election of eight directors and the reappointment of Marcum LLP as auditors.

Who were the elected directors at Trulieve's Annual Meeting on June 8, 2022?

The elected directors are Kim Rivers, Giannella Alvarez, Thad Beshears, Peter Healy, Richard May, Thomas Millner, Jane Morreau, and Susan Thronson.

What percentage of shares were voted at Trulieve's Annual Meeting on June 8, 2022?

A total of 52.8% of outstanding shares were voted at the meeting.

Which firm was appointed as auditors for Trulieve for the 2022 fiscal year?

Marcum LLP was reappointed as auditors for Trulieve for the 2022 fiscal year.

What is Trulieve's stock symbol on the OTCQX market?

Trulieve trades on the OTCQX market under the symbol TCNNF.

TRULIEVE CANNABIS CORP

OTC:TCNNF

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