Trulieve Cannabis Corp Stock Price, News & Analysis

Trulieve Cannabis Corp. announced the opening of its 90th dispensary in the Florida Keys on June 17, 2021. This new location aims to provide safe access to medical cannabis for patients in Florida. To celebrate the launch, Trulieve is offering a 25% discount for all patients on opening day. The dispensary will feature Florida's largest selection of THC and CBD products and offers both in-store pickup and statewide home delivery options. Patients can also schedule complimentary virtual consultations with Trulieve consultants for assistance with product selection.

Trulieve Cannabis Corp. announced the opening of its 89th dispensary in Tampa, Florida on June 12, 2021. This facility aims to enhance patient access to medical cannabis, complementing existing dispensaries in the area. To celebrate, a 25% discount will be offered to all patients on opening day. Trulieve provides a comprehensive range of THC and CBD products, with options for in-store pickup and statewide home delivery. The company continues to support patient needs through complimentary virtual consultations.

Trulieve Cannabis Corp. has launched Refined Crème, a high-purity cannabis concentrate in Florida. This first-of-its-kind product combines cannabinoids and terpenes from a single source, using cold ethanol extraction and hand-whipping techniques. Available in select strains (Hybrid, Sativa, Indica) from June 10, 2021, Refined Crème is designed to provide an enhanced patient experience. Trulieve, a leading cannabis company, is known for its vertically integrated operations, producing all products in-house and distributing through its dispensaries across Florida. Visit www.Trulieve.com for more information.

Trulieve Cannabis Corp (OTCQX: TCNNF) has launched initiatives for Pride Month to support LGBTQ+ communities. A portion of sales from its Massachusetts dispensary will be donated to MassEquality. In Florida, sales of exclusive strains, including Rainbow Sherbet and Love is Love, will support local LGBTQ+ organizations like 26Health and Equality Florida. In 2020, Trulieve donated over $50,000 to LGBTQ+ communities through Pride Month sales. The company focuses on creating an inclusive environment while hosting Pride TruTalks to discuss LGBTQ+ support and cannabis history.

Trulieve Cannabis Corp. (OTCQX: TCNNF) announced CEO Kim Rivers' participation in multiple investor conferences throughout June 2021, including the Craig-Hallum Institutional Investor Conference on June 2, 2021, and the Benzinga Cannabis Capital Conference on June 4, 2021. Rivers will engage in one-on-one and group meetings, and participate in discussions at various platforms such as Grizzle's CannabisCon and Oppenheimer’s Consumer Growth & E-Commerce Conference. Trulieve is a leading cannabis company in the U.S., especially known for its operations in Florida.

Trulieve Cannabis Corp has announced the opening of its first dispensary in Massachusetts, located in Northampton. Approved by the Massachusetts Cannabis Control Commission, the store will open on June 3, 2021, at 3:00 p.m. The dispensary aims to serve both adult-use and medical marijuana patients and will offer a 25% discount for medical patients on opening day. Trulieve's new brands will be introduced alongside its premium cannabis products. The company’s facility in Holyoke will support the dispensary, creating 250-300 jobs.

Trulieve Cannabis Corp. will acquire Harvest Health & Recreation in a deal valued at approximately $2.1 billion. Under the agreement, Harvest shareholders will receive 0.1170 Trulieve shares for each share held, representing a 34% premium over recent prices. The transaction, which has been approved by both companies' boards, will create the largest U.S. cannabis operator with an estimated 2021 revenue of $1.2 billion and an Adjusted EBITDA of $461 million. This merger will enhance Trulieve's presence across 11 states, optimizing its retail and distribution footprint.

Trulieve Cannabis Corp. announced the opening of its 87th dispensary in Osprey, Florida, on May 6, 2021. This new facility supports Trulieve's mission to provide reliable access to medical cannabis for registered patients. The 5,300 square foot dispensary offers a variety of THC and CBD products and features a 25% discount for all patients on opening day. With nearly 550,000 registered medical marijuana patients in Florida, Trulieve continues to dominate the market by selling approximately half of the state's overall volume.

Trulieve Cannabis Corp. (OTC: TCNNF) will announce its Q1 2021 financial results on May 13, 2021, before market opening. A conference call led by management is scheduled for 8:30 AM ET to discuss these results. Interested participants can join via phone or through a live audio webcast. An archived version of the call will be available until May 20, 2021. Trulieve is a prominent cannabis company with a significant presence in the U.S., particularly in Florida, where it is the largest fully licensed medical cannabis operator.