Trulieve Cannabis Corp Stock Price, News & Analysis

Trulieve Cannabis Corp. has opened its 88th dispensary in Leesburg, Florida, expanding its reach to a total of 97 locations nationwide. This 4,620 sq. ft. facility aims to enhance access to medical cannabis for patients in Central Florida. As part of the grand opening celebration, a 25% discount will be offered to all patients on opening day. Trulieve continues to support patient needs through virtual consultations and a focus on safety measures during the COVID-19 pandemic. The company is a leading vertically integrated cannabis provider in Florida and operates in multiple states.

Trulieve Cannabis Corp. (OTCQX: TCNNF) is set to open its second Massachusetts dispensary in Worcester on August 14, 2021, following its first in Northampton. This marks the company's 97th store nationwide. Located near Polar Park, the Worcester facility will offer adult-use cannabis products and celebrate its grand opening with a community block party featuring live music and food trucks. Trulieve aims to cater to a diverse clientele with its new brand portfolio, reinforcing its presence in Massachusetts.

Trulieve Cannabis Corp. (OTCQX: TCNNF) announced the launch of a diverse brand portfolio to enhance its market offerings in the U.S. The portfolio includes four distinct brands: Muse™, Sweet Talk™, Momenta™, and the Cultivar Collection™, catering to various consumer needs from casual users to connoisseurs. The new brands were introduced in the Massachusetts market and are set for expansion pending regulatory approvals. The Cultivar Collection has been one of Trulieve's fastest-selling products since its launch in Florida in October 2020.

Trulieve Cannabis Corp has received an intent to award a Class 1 production license from the Georgia Access to Medical Cannabis Commission. This license enables Trulieve to establish operations in Georgia, expanding its footprint in the Southeastern U.S. The company will set up an indoor cultivation and manufacturing facility in Adel, focusing on low-THC oil products. This expansion is expected to create hundreds of jobs in Cook County and enhance local community investment. The move also bolsters Trulieve's commitment to medical cannabis education through a partnership with Morehouse School of Medicine.

Trulieve Cannabis Corp. (OTCQX: TCNNF) announced the opening of its 96th dispensary in Florida, located in Winter Haven. This new 3,200 sq. ft. facility aims to enhance medical cannabis accessibility for patients in Central Florida, joining existing locations in Lakeland and Sebring. On opening day, patients can avail a 25% discount. Trulieve provides a wide range of THC and CBD products, home delivery, and virtual consultations. The company prioritizes safety by following CDC guidelines during the ongoing pandemic.

Trulieve Cannabis Corp. (OTCQX: TCNNF) announced the opening of its 95th dispensary in Crystal River, Florida, on July 20, 2021. This new facility aims to provide safe access to medical cannabis for patients in Central Florida, complementing existing locations in The Villages, Lady Lake, and Ocala. To celebrate, all customers will receive a 25% discount on opening day. Trulieve offers Florida's largest selection of THC and CBD products and provides home delivery and virtual consultations for patient support. The company emphasizes safety measures amidst the COVID-19 pandemic.

Trulieve Cannabis Corp. (OTC: TCNNF) will announce its Q2 2021 financial results on August 12, 2021, before market opening. A conference call will follow at 8:30 AM ET to discuss the results. Interested participants can join by calling 1-877-870-4263 and entering conference ID 10158485. For those unable to attend live, an archived replay will be available until August 19, 2021, with details provided for accessing it. Trulieve is a leading cannabis company primarily operating in Florida and other states.

Trulieve Cannabis Corp. has completed a $60 million acquisition of Anna Holdings LLC, which holds dispensary permits for Keystone Shops in Philadelphia, Devon, and King of Prussia. The transaction includes $20 million in cash and the issuance of 1,009,336 subordinate voting shares. Trulieve aims to enhance its presence in the Greater Philadelphia area, adding to its total of 91 dispensaries nationwide. An additional $5 million is contingent on future laws permitting adult-use cannabis in Pennsylvania.

Trulieve Cannabis Corp. (OTCQX: TCNNF) has commenced operations in West Virginia, marking its entry into the state's medical cannabis market. The company has initiated cultivation at a 100,000 square foot facility in Huntington, aiming to provide quality products to the state's registered patients. As of June 30, 2021, there are 2,305 patients enrolled in West Virginia's medical cannabis program. Trulieve's commitment includes investing in local communities and hiring for various roles in West Virginia.