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TRULIEVE CANNABIS CORP - $TCNNF STOCK NEWS

Welcome to our dedicated page for TRULIEVE CANNABIS news (Ticker: $TCNNF), a resource for investors and traders seeking the latest updates and insights on TRULIEVE CANNABIS stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect TRULIEVE CANNABIS's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of TRULIEVE CANNABIS's position in the market.

Rhea-AI Summary
Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) announces the opening of two new medical dispensaries in Crawfordville and Crestview, Florida, with grand opening celebrations on December 29 and 30, 2023. The dispensaries will offer high-quality products and services for Florida patients, including express pickup orders and discounts for veterans and first-time customers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.78%
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none
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Rhea-AI Summary
Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) announced the closing of a $25 million commercial loan secured by a cultivation site in Florida with a fixed interest rate of 8.31% for five years. The loan is non-dilutive and will be used for general corporate purposes, providing greater flexibility and bolstering the company's cash position for growth catalysts.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.78%
Tags
none
-
Rhea-AI Summary
Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) announced the appointment of Wes Getman as Chief Financial Officer, effective January 1, 2024. Mr. Getman has over 25 years' experience in accounting and finance in both corporate and advisory roles for private and public companies. Trulieve CEO, Kim Rivers, expressed confidence in Mr. Getman's experience and successful track record. The company also expressed gratitude to Ryan Blust for serving as Interim Chief Financial Officer.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.63%
Tags
management
Rhea-AI Summary
Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) has completed the redemption of all US$130,000,000 principal amount of its outstanding 9.75% senior secured notes due 2024, using approximately US$136 million. The Notes will cease to trade on the Canadian Securities Exchange under the symbol 'TRUL.DB.U' as of December 1, 2023, and will be delisted on the same date.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.04%
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none
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Rhea-AI Summary
Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) announced a strong Q3 2023, with $275 million in revenue, 96% from retail sales, and $143 million in gross profit. The company reduced debt, generated $93 million in cash flow from operations, and expects operating cash flow of at least $100 million in 2023. Trulieve also announced the redemption of $130 million of 2024 notes, with significant interest savings through maturity.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.63%
Tags
-
Rhea-AI Summary
Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) announces redemption of 9.75% senior secured notes due 2024. The aggregate principal amount of the Notes outstanding is US$130,000,000. The redemption date is December 1, 2023, at 100% of the principal plus accrued interest. The Notes will be delisted from the Canadian Securities Exchange.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.16%
Tags
none
Rhea-AI Summary
Trulieve Cannabis Corp. announces a campaign to support veterans in partnership with DAV, a national nonprofit organization. The campaign will run throughout November and aims to raise awareness and recognize the sacrifices made by veterans. Trulieve will offer unique promotions, discounts, and donation programs in select retail locations. Proceeds will go to DAV to fund veteran support initiatives nationwide.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.32%
Tags
partnership
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Rhea-AI Summary
Trulieve Cannabis Corp. announces the opening of a new medical dispensary in Marianna, Florida, improving patient access and offering a wide variety of products. The grand opening celebration will feature giveaways, music, specials, and discounts.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
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Rhea-AI Summary
Trulieve Cannabis Corp. is partnering with independent pharmacies in Georgia to sell low-THC medical cannabis products. This is the first state in the U.S. to allow pharmacy sales of medical cannabis. Riverside Pharmacy in Gainesville is among the first pharmacies to apply for a special permit. Trulieve's Chief Executive Officer, Kim Rivers, says this partnership offers a new channel to educate and serve Georgia patients.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.18%
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none
Rhea-AI Summary
Trulieve Cannabis Corp. to hold conference call to review third quarter 2023 financial results
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.2%
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TRULIEVE CANNABIS CORP

OTC:TCNNF

TCNNF Rankings

TCNNF Stock Data

2.11B
144.78M
3.95%
7.87%
Medicinal and Botanical Manufacturing
Manufacturing
Link
United States of America
Quincy

About TCNNF

trulieve is florida's first medical marijuana dispensing organization. at trulieve, we strive to bring you the relief you need in a product you can trust. our plants are hand-grown in an environment specially designed to reduce unwanted chemicals and pests, keeping the process as natural as possible at every turn.