Trulieve Cannabis Archives - Cannabis Business Executive - Cannabis and Marijuana industry news

Trulieve CEO ‘absorbing and digesting’ the ‘largest cannabis transaction to date’

Despite momentum towards marijuana legalization, the country's biggest cannabis companies are failing to turn a profit. Trulieve Cannabis (TCNNF), which currently operates in 11 states, recently reported a net loss of $32 million. The stock is down 42.8% year-to-date. According…

Why 2022 Will Be a Defining Year for Female Leadership in Cannabis

The cannabis industry cannot reach its full potential without women leading the charge as well. Over the past two years, the U.S. has pulled ahead as one of the most valuable cannabis markets in the world, with projections estimating the…

Trulieve CEO speaks on growth via M&A, federal pot reform

October 18, 2021
AggregatedNews
Company Stories, Multiple State Operators
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LOS ANGELES (AP) — The U.S.′ expanding legal marijuana market is helping drive strong sales and profit growth for multistate operators like Trulieve Cannabis Corp. The Quincy, Florida-based company sells cannabis products in 11 states from Arizona to Pennsylvania. It…

Trulieve’s $2.1 Billion Harvest Acquisition Would Create One Of The Cannabis Industry’s Biggest Companies

Trulieve Cannabis, the largest cannabis cultivator and retailer in Florida, announced that it will acquire Harvest Health and Recreation, the largest cannabis operator in Arizona, in an all stock deal valued at $2.1 billion. The transaction must be approved by regulators, but if completed it…

A Top Cannabis Executive Says This Is When U.S. Marijuana Companies Will Likely Trade on Major Exchanges

And a multistate operator like Curaleaf could be a big winner when that happens. If you want to invest in a multistate cannabis operator, the only way you can do so is by going outside of the major exchanges, where…

Florida marijuana patients able to gobble up pot products

September 3, 2020
AggregatedNews
Florida
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Just one week after health officials signed off on guidelines for edible pot products, Florida’s largest medical marijuana operator on Wednesday began selling THC-infused brownies, cookies, chocolates and gel caps in Tallahassee. The edible products are appearing on shelves nearly…

The 10 Best Marijuana Stocks in August

For the past 17 months, it's not been easy to be a marijuana stock investor. While there's little question that cannabis can be one of the fastest growing industries this decade, every industry needs time to mature. Right now, pot…

7 Marijuana Companies That Could Win the American Market

As more and more states legalize marijuana, American companies are racing to establish multi-state cannabis empires. It is still illegal under federal law, so exchanges like the New York Stock Exchange and Nasdaq aren’t an option for these outfits. Seven…