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.
Trulieve Cannabis Corp. (TCNNF) generates frequent news across operations, finance, regulation, and product development, reflecting its role as a vertically integrated, multi-state cannabis operator. As an industry leading company with leading market positions in Arizona, Florida, and Pennsylvania, Trulieve’s announcements often cover expansion of its retail footprint, capital markets activity, and responses to evolving cannabis policy in the United States.
Investors and observers following Trulieve news will see regular updates on financial performance, such as quarterly results detailing revenue, gross margin, cash flow, and non-GAAP metrics like adjusted EBITDA and free cash flow. The company also issues press releases about conference calls and investor presentations, providing context on its operating strategy, retail network, and production capacity.
Trulieve’s news flow includes financing developments, such as private placements of senior secured notes, redemptions of existing debt, and related SEC filings. These items outline interest rates, maturities, security pledges, and intended use of proceeds for capital expenditures and general corporate purposes. Such updates are important for understanding the company’s capital structure and liquidity.
Operational news highlights new dispensary openings, licensing agreements, and market entries. For example, Trulieve has announced Trulieve-branded dispensaries in Ohio operated by a partner under license, as well as conditional approval for a Dispensing Organization license under the Texas Compassionate Use Program. Product-focused releases showcase new offerings, including additional flavors of Onward and Upward THC-infused beverages and other branded cannabis products.
Policy and regulatory developments also feature in Trulieve’s news, including its public support for marijuana rescheduling to Schedule III under the Controlled Substances Act. For users tracking TCNNF, this news page offers a centralized view of the company’s financial updates, expansion moves, product launches, and regulatory commentary over time.
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.
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Trulieve Cannabis Corp. (OTCQX: TCNNF) announced the completion of its asset purchase agreement to acquire a licensed adult-use dispensary in Worcester, Massachusetts, from Nature's Remedy for $13.5 million. This transaction comprises $7 million in cash and 237,881 subordinate voting shares. The acquired dispensary holds all necessary licenses to operate. CEO Kim Rivers expressed enthusiasm about expanding Trulieve's product offerings, including new edibles and vape lines, enhancing their customer service, and introducing quality genetics to the Massachusetts market.
Trulieve Cannabis Corp. has announced the opening of its 91st dispensary in Winter Park, Florida, aimed at enhancing access to medical cannabis for patients in Central Florida. The new location, opening on June 24, 2021, will offer a 25% discount on the first day to all patients. Trulieve provides a wide range of THC and CBD products, including edibles and vaporizers, with home delivery and in-store pickup options available. As the largest fully licensed medical cannabis company in Florida, Trulieve continues to ensure patient safety amid ongoing COVID-19 considerations.
Trulieve Cannabis Corp (OTCQX: TCNNF), a leader in the U.S. cannabis industry, announced its sponsorship of expungement clinics in Pittsburgh, Pennsylvania, coinciding with the Juneteenth holiday. The initiative, in partnership with Minorities for Medical Marijuana, focuses on social justice and the impact of the war on drugs. The clinics are set for June 18-20 and June 24-27 at the WPA Juneteenth Freedom Days Festival and the Pittsburgh Black Music Festival. Additionally, a portion of sales on June 19 will support the Last Prisoner Project, furthering Trulieve's commitment to diversity and social justice.
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.